Global Living Services (UK) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 07554316 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 December 2024

for

GLOBAL LIVING SERVICES (UK) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Peter Albert Geerlings

G Duizendstraal

REGISTERED OFFICE:

Fairways House

Links Business Park

St Mellons

Cardiff

CF3 OLT

REGISTERED NUMBER:

07554316 (England and Wales)

ACCOUNTANTS:

Hayvenhursts

Fairway House

Links Business Park

St Mellons

Cardiff

CF3 0LT

FIXED ASSETS

Tangible assets

4

-

Investments

5

15,934

CURRENT ASSETS

Debtors

6

1,933,971

1,905,517

Cash at bank

419

300

1,934,390

1,905,817

CREDITORS

Amounts falling due within one year

7

(2,056,462

)

(2,064,435

)

NET CURRENT LIABILITIES

(122,072

)

(158,618

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(106,138

)

(142,684

)

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

(106,139

)

(142,685

)

SHAREHOLDERS' FUNDS

(106,138

)

(142,684

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 30 December 2025 and were signed on its behalf by:

G Duizendstraal - Director

1.	STATUTORY INFORMATION

Global Living Services (UK) 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.

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.

The director has prepared the accounts on a going concern basis which assumes that the company will achieve sufficient financial resources in order to meet its short and long term liability requirements. The company relies on the support of it's group companies, whom have confirmed that they will continue to provide this for the foreseeable future.

Preparation of consolidated financial statements

The financial statements contain information about Global Living Services (UK) Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

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

Tangible fixed assets

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

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 year 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 31 December 2023

and 30 December 2024

917

DEPRECIATION

At 31 December 2023

and 30 December 2024

917

NET BOOK VALUE

At 30 December 2024

-

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 31 December 2023

and 30 December 2024

15,934

NET BOOK VALUE

At 30 December 2024

15,934

At 30 December 2023

15,934

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade debtors

68,197

Amounts owed by group undertakings

677,044

683,254

Other debtors

1,188,730

1,154,066

1,933,971

1,905,517

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade creditors

1,585

1,217

Amounts owed to group undertakings

2,044,583

2,053,056

Taxation and social security

7,294

Other creditors

3,000

2,868

2,056,462

2,064,435

8.	ULTIMATE CONTROLLING PARTY

The company is controlled by Helios Global Ventures Limited.