Company Registration No. 01637156 (England and Wales)
Globe Property Investments Ltd.
Unaudited accounts
for the year ended 31 May 2025
Globe Property Investments Ltd.
Unaudited accounts
Contents
Globe Property Investments Ltd.
Company Information
for the year ended 31 May 2025
Directors
Paul Smith
Yvonne Smith
Company Number
01637156 (England and Wales)
Registered Office
246 Court Oak Road
Birmingham
West Midlands
B32 2EG
England
Accountants
Pendragon Business Consultants Llp
ASCOT HOUSE 246 COURT OAK ROAD
HARBORNE
BIRMINGHAM
B32 2EG
Globe Property Investments Ltd.
Statement of financial position
as at 31 May 2025
Tangible assets
1,731
2,518
Investments
951,126
1,069,950
Cash at bank and in hand
142,710
10,910
Creditors: amounts falling due within one year
(60,258)
(59,699)
Net current assets
326,046
202,837
Total assets less current liabilities
1,278,903
1,275,305
Creditors: amounts falling due after more than one year
(649,566)
(649,566)
Net assets
629,337
625,739
Called up share capital
9,000
9,000
Profit and loss account
620,337
616,739
Shareholders' funds
629,337
625,739
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2026 and were signed on its behalf by
Paul Smith
Director
Company Registration No. 01637156
Globe Property Investments Ltd.
Notes to the Accounts
for the year ended 31 May 2025
Globe Property Investments Ltd. is a private company, limited by shares, registered in England and Wales, registration number 01637156. The registered office is 246 Court Oak Road, Birmingham, West Midlands, B32 2EG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 June 2024
32,348
25,800
58,148
At 31 May 2025
32,348
25,800
58,148
At 1 June 2024
31,719
23,911
55,630
Charge for the year
157
630
787
At 31 May 2025
31,876
24,541
56,417
At 31 May 2025
472
1,259
1,731
At 31 May 2024
629
1,889
2,518
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Investments
Other investments
Valuation at 1 June 2024
1,069,950
Valuation at 31 May 2025
951,126
Globe Property Investments Ltd.
Notes to the Accounts
for the year ended 31 May 2025
Amounts falling due within one year
Amounts due from group undertakings etc.
241,544
241,544
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Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
56,762
56,762
Taxes and social security
3,299
2,255
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
649,566
649,566
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Average number of employees
During the year the average number of employees was 2 (2024: 2).