Company registration number 13363335 (England and Wales)
GLOBAL SOURCING AND PROMOTIONS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
PAGES FOR FILING WITH REGISTRAR
GLOBAL SOURCING AND PROMOTIONS LIMITED
COMPANY INFORMATION
Directors
J Capel
N Capel
R Gill
P Luczak
Company number
13363335
Registered office
22 Wycombe End
Beaconsfield
Buckinghamshire
HP9 1NB
Accountants
S&W Partners (Thames Valley) Limited
22 Wycombe End
Beaconsfield
Buckinghamshire
HP9 1NB
GLOBAL SOURCING AND PROMOTIONS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
GLOBAL SOURCING AND PROMOTIONS LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2025
30 September 2025
- 1 -
2025
2024
Notes
£
£
£
£
Current assets
Cash at bank and in hand
118
442
Creditors: amounts falling due within one year
3
(515,119)
(279,943)
Net current liabilities
(515,001)
(279,501)
Creditors: amounts falling due after more than one year
4
-
0
(229,649)
Net liabilities
(515,001)
(509,150)
Capital and reserves
Called up share capital
5
100
100
Profit and loss reserves
(515,101)
(509,250)
Total equity
(515,001)
(509,150)

For the financial year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 1 December 2025 and are signed on its behalf by:
J Capel
Director
Company registration number 13363335 (England and Wales)
GLOBAL SOURCING AND PROMOTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 2 -
1
Accounting policies
Company information

Global Sourcing and Promotions Limited is a private company limited by shares incorporated in England and Wales. The registered office is 22 Wycombe End, Beaconsfield, Buckinghamshire, HP9 1NB.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Financial instruments

The company has elected to apply the provisions of Section 11 ”Basic Financial Instruments” to all of its financial instruments.

Financial instruments are recognised in the company’s balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Short term debtors are measured at transaction price less any provision for impairment. Loans receivable are measured initially at fair value, net of transaction costs and are subsequently carried at amortised costs using the effective interest method, less any provision for impairment.

Basic financial liabilities

Short term creditors are measured at transaction price. Other financial liabilities, including bank loans and other loans, are measured initially at fair value, net of transaction costs and are subsequently carried at amortised costs using the effective interest method.

1.4
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
GLOBAL SOURCING AND PROMOTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 3 -
3
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
260,542
265,515
Other creditors
254,577
14,428
515,119
279,943

Included within trade creditors is a balance of £260,542 (£202 4: £260,476) which are amounts owed to group undertakings and undertakings in which the company has a participating interest.

Included in other creditors is a loan totalling £2 2 9,6 49 (202 4: £Nil).

This loan is secured by a fixed and floating charge over the assets and undertaking of the company. This security contains a negative pledge which means that the company will not create or agree to create or permit to subsist any security interest over the charged assets.

4
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
-
0
229,649

Included in other creditors is a loan totalling £Nil (202 4: £229,649).

This loan is secured by a fixed and floating charge over the assets and undertaking of the company. This security contains a negative pledge which means that the company will not create or agree to create or permit to subsist any security interest over the charged assets.

5
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A shares of 1p each
7,125
7,125
71
71
Ordinary B shares of 1p each
2,375
2,375
24
24
Ordinary C shares of 1p each
500
500
5
5
10,000
10,000
100
100
2025-09-30 2024-10-01 false false false 01 December 2025 CCH Software CCH Accounts Production 2025.300 No description of principal activity J Capel N Capel R Gill P Luczak 13363335 2024-10-01 2025-09-30 13363335 bus:Director1 2024-10-01 2025-09-30 13363335 bus:Director2 2024-10-01 2025-09-30 13363335 bus:Director3 2024-10-01 2025-09-30 13363335 bus:Director4 2024-10-01 2025-09-30 13363335 bus:RegisteredOffice 2024-10-01 2025-09-30 13363335 2025-09-30 13363335 2024-09-30 13363335 core:CurrentFinancialInstruments 2025-09-30 13363335 core:CurrentFinancialInstruments 2024-09-30 13363335 core:Non-currentFinancialInstruments 2025-09-30 13363335 core:Non-currentFinancialInstruments 2024-09-30 13363335 core:ShareCapital 2025-09-30 13363335 core:ShareCapital 2024-09-30 13363335 core:RetainedEarningsAccumulatedLosses 2025-09-30 13363335 core:RetainedEarningsAccumulatedLosses 2024-09-30 13363335 core:ShareCapitalOrdinaryShareClass1 2025-09-30 13363335 core:ShareCapitalOrdinaryShareClass1 2024-09-30 13363335 core:ShareCapitalOrdinaryShareClass2 2025-09-30 13363335 core:ShareCapitalOrdinaryShareClass2 2024-09-30 13363335 core:ShareCapitalOrdinaryShareClass3 2025-09-30 13363335 core:ShareCapitalOrdinaryShareClass3 2024-09-30 13363335 core:ShareCapitalOrdinaryShares 2025-09-30 13363335 core:ShareCapitalOrdinaryShares 2024-09-30 13363335 2023-10-01 2024-09-30 13363335 bus:OrdinaryShareClass1 2024-10-01 2025-09-30 13363335 bus:OrdinaryShareClass2 2024-10-01 2025-09-30 13363335 bus:OrdinaryShareClass3 2024-10-01 2025-09-30 13363335 bus:OrdinaryShareClass1 2025-09-30 13363335 bus:OrdinaryShareClass1 2024-09-30 13363335 bus:OrdinaryShareClass2 2025-09-30 13363335 bus:OrdinaryShareClass2 2024-09-30 13363335 bus:OrdinaryShareClass3 2025-09-30 13363335 bus:OrdinaryShareClass3 2024-09-30 13363335 bus:AllOrdinaryShares 2025-09-30 13363335 bus:AllOrdinaryShares 2024-09-30 13363335 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 13363335 bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 13363335 bus:FRS102 2024-10-01 2025-09-30 13363335 bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 13363335 bus:FullAccounts 2024-10-01 2025-09-30 xbrli:pure xbrli:shares iso4217:GBP