20 May 2024 v2026.5.1 limited_company_frs_102_section_1a_v1_1_3 companies_house Software false true true true No description of principal activity 0 false true xbrli:pure xbrli:shares iso4217:GBP 15731668 2024-05-20 2025-05-31 15731668 2025-05-31 15731668 core:WithinOneYear 2025-05-31 15731668 core:ShareCapital 2025-05-31 15731668 core:RetainedEarningsAccumulatedLosses 2025-05-31 15731668 bus:Director1 2024-05-20 2025-05-31 15731668 bus:RegisteredOffice 2024-05-20 2025-05-31 15731668 core:IntangibleAssetsOtherThanGoodwill 2024-05-20 2025-05-31 15731668 core:IntangibleAssetsOtherThanGoodwill 2025-05-31 15731668 1 2024-05-20 2025-05-31 15731668 countries:EnglandWales 2024-05-20 2025-05-31 15731668 bus:AuditExempt-NoAccountantsReport 2024-05-20 2025-05-31 15731668 bus:PrivateLimitedCompanyLtd 2024-05-20 2025-05-31 15731668 bus:SmallEntities 2024-05-20 2025-05-31 15731668 bus:FullAccounts 2024-05-20 2025-05-31
Company registration number:
15731668
Neo Global Trading Ltd
Unaudited Filleted Financial Statements for the period ended
31 May 2025
Neo Global Trading Ltd
Statement of Financial Position
31 May 2025

|  | 31 May 2025
--- | --- | ---
| Note | £
Fixed assets |  |  |
Intangible assets | 5 | (50 | )
Current assets |  |  |
Debtors | 6 | 1,884 |
Cash at bank and in hand |  | 4,286 |
|  | 6,170 |
Creditors: amounts falling due within one year | 7 | (14,150 | )
Net current liabilities |  | (7,980 | )
Total assets less current liabilities |  | (8,030 | )
Capital and reserves |  |  |
Called up share capital |  | 2 |
Profit and loss account |  | (8,032 | )
Shareholders deficit |  | (8,030 | )

For the period ending
31 May 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act 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.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
17 February 2026
, and are signed on behalf of the board by:

A Lansley
Director

Company registration number:
15731668
Neo Global Trading Ltd
Notes to the Financial Statements
Period ended
31 May 2025

## 1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
C/O Your Ecommerce Accountant The Keep
,
Creech Castle
,
Taunton
,
TA1 2DX
, England.

## 2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

## 3 Accounting policies

## Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

## Going concern

The company has the ongoing support of its major creditor, the company directors, and as such continues to be treated as a going concern.

## Intangible assets

Intangible assets are initially measured at cost and are subsequently measured at cost less any accumulated amortisation and accumulated impairment losses or at a revalued amount. However, Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.
Any intangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

## Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

## Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

## Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

## 4 Average number of employees

The average number of persons employed by the company during the period was nil.

## 5 Intangible assets

| Other intangible assets
--- | ---
| £
Cost |  |
At 20 May 2024 | - |
Additions | (50 | )
At 31 May 2025 | (50 | )
Amortisation |  |
At 20 May 2024 and 31 May 2025 | - |
Carrying amount |  |
At 31 May 2025 | (50 | )

## 6 Debtors

| 31 May 2025
--- | ---
| £
Other debtors | 1,884 |

## 7 Creditors: amounts falling due within one year

| 31 May 2025
--- | ---
| £
Other creditors | 14,150 |