| Global Learning Systems Ltd |
| Registered Number:03110411 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
Global Learning Systems Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Global Learning Systems Ltd
Statement of Financial Position
2024
2025
| Property, plant and equipment |
59,422
60,657
2
59,422
60,657
3,125
| Cash and cash equivalents |
2,923
2,923
3,125
| Trade and other payables: amounts falling due within one year |
(251,522)
(265,122)
3
(248,397)
(262,199)
Net current liabilities
| Total assets less current liabilities |
(202,777)
(187,740)
(202,777)
Net liabilities
(187,740)
2,000
2,000
(204,777)
(189,740)
(202,777)
(187,740)
Shareholders' funds
| For the year ended 31 March 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each |
| financial year and of its profit or loss for each financial year in accordance with the requirements of Section 394 and 395 and |
| which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as |
| applicable to the company. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 06 December 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Global Learning Systems Ltd
Notes to the Financial Statements
Statutory Information
| Global Learning Systems Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 03110411. |
58 Clarence Street
Cheltenham
Gloucestershire
GL50 3LE
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting |
| Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. |
| The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain |
| assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and buildings
Fixtures and fittings
| 2. Property, plant and equipment |
146,061
16,061
130,000
130,000
16,061
146,061
| Provision for depreciation and impairment |
85,404
15,981
69,423
Charge for year
1,235
20
1,215
86,639
16,001
70,638
59,362
60
59,422
60,577
80
60,657
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For the year ended 31 March 2025
Global Learning Systems Ltd
Notes to the Financial Statements Continued
| 3. Trade and other payables: amounts falling due within one year |
2024
2025
265,122
251,522
| 4. Related party transactions |
During the year AI R&D Consultancy services were paid to the directors Brian Serafini, totalling £3,600.
| 5. Directors advances and guarantees |
Loaned
B Serafini
Director's current account
(132,311)
(125,511)
(6,800)
(132,311)
(125,511)
(6,800)
Ms Y Zhang
Director's current account
(132,311)
(125,511)
(6,800)
(132,311)
(125,511)
(6,800)
| 6. Average number of persons employed |
During the year the average number of employees was 0.
| The principal accounting polices applied in the preparation of the financial statements are set out above. These policies have |
| been consistently applied to all the years presented, unless otherwise stated. No changes have arisen as a result of the |
| transition to Section 1A of Financial Reporting Standard 102. |
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