REGISTERED NUMBER: 07786429 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 OCTOBER 2023 TO 31 DECEMBER 2024

FOR

GLOBAL AIRPORT CONCIERGE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr. William Nolan

REGISTERED OFFICE:

Regus Heathrow - Bath Road

450 Bath Road

Longford

London

UB7 0EB

REGISTERED NUMBER:

07786429 (England and Wales)

ACCOUNTANTS:

Macalvins Limited

Chartered Accountants

7 St John's Road

Harrow

Middlesex

HA1 2EY

FIXED ASSETS

Intangible assets

4

98,089

103,037

Tangible assets

5

33,967

43,413

132,056

146,450

CURRENT ASSETS

Debtors

6

188,715

139,981

Cash at bank

19,641

99,705

208,356

239,686

CREDITORS

Amounts falling due within one year

7

264,906

318,099

NET CURRENT LIABILITIES

(56,550

)

(78,413

)

TOTAL ASSETS LESS CURRENT LIABILITIES

75,506

68,037

CREDITORS

Amounts falling due after more than one year

8

16,251

27,833

NET ASSETS

59,255

40,204

CAPITAL AND RESERVES

Called up share capital

100,000

100,000

Retained earnings

(40,745

)

(59,796

)

SHAREHOLDERS' FUNDS

59,255

40,204

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 December 2025 and were signed by:

Mr. William Nolan - Director

1.	STATUTORY INFORMATION

Global Airport Concierge 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

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern

The financial statements have been prepared on a going concern basis notwithstanding the company's net current liabilities position as at the period end. The connected company has provided with an undertaking that they will continue to support financially for the foreseeable future.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

Fixtures and fittings

-

10% on cost

Computer equipment

-

33% on cost

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2023 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 October 2023

202,746

Additions

49,672

At 31 December 2024

252,418

AMORTISATION

At 1 October 2023

99,709

Amortisation for period

54,620

At 31 December 2024

154,329

NET BOOK VALUE

At 31 December 2024

98,089

At 30 September 2023

103,037

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 October 2023

and 31 December 2024

34,008

41,560

17,597

93,165

DEPRECIATION

At 1 October 2023

6,503

25,652

17,597

49,752

Charge for period

4,251

5,195

-

9,446

At 31 December 2024

10,754

30,847

17,597

59,198

NET BOOK VALUE

At 31 December 2024

23,254

10,713

-

33,967

At 30 September 2023

27,505

15,908

-

43,413

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

68,077

63,386

Amounts owed by connected companies

82,950

-

Other debtors

37,688

76,595

188,715

139,981

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

9,286

10,121

Trade creditors

17,111

15,525

Amounts owed to connected companies

-

66,996

Taxation and social security

7,039

5,000

Other creditors

231,470

220,457

264,906

318,099

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

16,251

27,833

Amounts falling due in more than five years:

Repayable by instalments

Bank Loans due after more than

5 years

16,251

27,833

16,251

27,833

9.	RELATED PARTY DISCLOSURES

Included within debtors as at the period end is £82,950 (2023: £66,996 owed to), an amount owed from GAC LLC, a related company by virtue of common control. The amount owed is unsecured and there are no specific terms to the repayment of this amount.