REGISTERED NUMBER: 04397427 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2025

FOR

GLOBEX CORPORATION LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C P Bains

SECRETARY:

H K Bains

REGISTERED OFFICE:

6 Canterbury Close

Kempston

Bedford

Bedfordshire

MK42 8TU

REGISTERED NUMBER:

04397427 (England and Wales)

ACCOUNTANTS:

GKP (Ampthill) Limited

Chartered Accountants

3 Doolittle Yard

Froghall Road

Ampthill

Bedfordshire

MK45 2NW

CURRENT ASSETS

Cash at bank

341

899

CREDITORS

Amounts falling due within one year

5

(36,473

)

(36,449

)

NET CURRENT LIABILITIES

(36,132

)

(35,550

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(36,132

)

(35,550

)

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

(36,232

)

(35,650

)

SHAREHOLDERS' FUNDS

(36,132

)

(35,550

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 December 2025 and were signed by:

C P Bains - Director

1.	STATUTORY INFORMATION

Globex Corporation Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

The company meets its day to day working capital requirements through a loan due to the director. The director has confirmed that he will not seek repayment of this loan in full until such time as the company has sufficient cash reserves to do so.

Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 33% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 6 April 2024

and 5 April 2025

1,480

DEPRECIATION

At 6 April 2024

and 5 April 2025

1,480

NET BOOK VALUE

At 5 April 2025

-

At 5 April 2024

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Director's loan account

35,891

35,891

Accruals and deferred income

582

558

36,473

36,449

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

7.	ULTIMATE CONTROLLING PARTY

The controlling party is C P Bains.

The ultimate controlling party is C P Bains.