ACCOUNTS - Final Accounts preparation

Registered number: 14032906

THE GLOBAL COLLECTIVE LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 APRIL 2025

THE GLOBAL COLLECTIVE LIMITED

CONTENTS

	Page
Accountants' Report	1
Statement of Financial Position	2
Notes to the Financial Statements	3 - 6

THE GLOBAL COLLECTIVE LIMITED

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF THE GLOBAL COLLECTIVE LIMITED
FOR THE PERIOD ENDED 30 APRIL 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Global Collective Limited for the period ended 30 April 2025 which comprise the Statement of Financial Position and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of The Global Collective Limited in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of The Global Collective Limited and state those matters that we have agreed to state to the director of The Global Collective Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Global Collective Limited and its director for our work or for this report.

It is your duty to ensure that The Global Collective Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of The Global Collective Limited. You consider that The Global Collective Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or review of the financial statements of The Global Collective Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Nyman Libson Paul LLP

124 Finchley Road

London

NW3 5JS

8 January 2026

Page 1

THE GLOBAL COLLECTIVE LIMITED

REGISTERED NUMBER: 14032906

STATEMENT OF FINANCIAL POSITION

AS AT 30 APRIL 2025

	2025	2024
Note	£	£

Fixed assets
Tangible assets	4	738	1,141
		738	1,141
Current assets
Debtors: amounts falling due within one year	5	659	-
Bank and cash balances		-	1,202
		659	1,202
Current liabilities
Creditors: Amounts Falling Due Within One Year	6	(61,205)	(57,122)
Net liabilities		(59,808)	(54,779)

Capital and reserves
Called up share capital	7	100	100
Profit and loss account		(59,908)	(54,879)
		(59,808)	(54,779)

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 January 2026.

S Idema

Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

THE GLOBAL COLLECTIVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 APRIL 2025

1.	General information

The company is a private company limited by share capital, incorporated in England and Wales. The
address of its registered office is Savoy House, Savoy Circus, London, England, W3 7DA.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The accounts have continued to be prepared on a going concern basis. Whilst the company has a loss for the year of £5,029 (2024: £20,943) and net liabilities at the balance sheet date of £59,908 (2024: £54,779). The company is continued to be supported by the director.

2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

THE GLOBAL COLLECTIVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 APRIL 2025

2.Accounting policies (continued)

2.5

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment

Over 3 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty
on notice of not more than 24 hours.

2.8

Creditors

Short-term creditors are measured at the transaction price.

2.9

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities like trade and other debtors and creditors, loans to/from banks and
other third parties and related parties.

Employees

The average monthly number of employees, including directors, during the period was 1 (2024 - 1).

Page 4

THE GLOBAL COLLECTIVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 APRIL 2025

4.	Tangible fixed assets

		Computer equipment
		£
	Cost or valuation
	At 1 May 2024	1,208
	At 30 April 2025	1,208
	Depreciation
	At 1 May 2024	67
	Charge for the period on owned assets	403
	At 30 April 2025	470
	Net book value
	At 30 April 2025	738
	At 30 April 2024	1,141

Debtors

					2025	2024
					£	£


Other debtors	659	-

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	2,928	3,585
Other taxation and social security	-	170
Other creditors	52,872	47,117
Accruals	5,405	6,250
	61,205	57,122

Page 5

THE GLOBAL COLLECTIVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 APRIL 2025

7.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

1,000,000 (2024 - 1,000,000) ordinary shares of £0.00010 each	100	100

8.	Related party transactions
	At the reporting date the company owed £52,872 (2024: £47,117) to the director, S Idema.

9.	Controlling party

The company was under the control of S Idema throughout the period.

Page 6