1 January 2025 false No description of principal activity Taxfiler 2024.6 09577102 business:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 09577102 2024-12-31 09577102 2025-01-01 2025-12-31 09577102 business:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 09577102 business:FilletedAccounts 2025-01-01 2025-12-31 09577102 2025-12-31 09577102 business:Director1 2025-01-01 2025-12-31 09577102 business:Director2 2025-01-01 2025-12-31 09577102 business:RegisteredOffice 2025-01-01 2025-12-31 09577102 2024-12-31 09577102 core:WithinOneYear 2025-12-31 09577102 core:WithinOneYear 2024-12-31 09577102 core:AfterOneYear 2025-12-31 09577102 core:AfterOneYear 2024-12-31 09577102 core:ShareCapital core:PreviouslyStatedAmount 2025-12-31 09577102 core:ShareCapital core:PreviouslyStatedAmount 2024-12-31 09577102 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-12-31 09577102 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-12-31 09577102 core:PreviouslyStatedAmount 2025-12-31 09577102 core:PreviouslyStatedAmount 2024-12-31 09577102 business:SmallEntities 2025-01-01 2025-12-31 09577102 countries:EnglandWales 2025-01-01 2025-12-31 09577102 business:OrdinaryShareClass1 2025-01-01 2025-12-31 09577102 business:OrdinaryShareClass1 2024-01-01 2024-12-31 09577102 2024-01-01 2024-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 09577102 (England and Wales)
Global Networks Group Limited Unaudited accounts for the year ended 31 December 2025
Global Networks Group Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Global Networks Group Limited Company Information for the year ended 31 December 2025
Directors
BISHOP, Andrew James TROTT, Adrian Spencer
Company Number
09577102 (England and Wales)
Registered Office
20 Clarke Road Bletchley Milton Keynes Buckinghamshire MK1 1LG England
- 3 -
Global Networks Group Limited Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Investments
4
282,955
282,955
Current assets
Debtors
5
3
3
Cash at bank and in hand
639
247
642
250
Creditors: amounts falling due within one year
6
(104,866)
(96,096)
Net current liabilities
(104,224)
(95,846)
Total assets less current liabilities
178,731
187,109
Creditors: amounts falling due after more than one year
7
(131,329)
(138,479)
Net assets
47,402
48,630
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
47,302
48,530
Shareholders' funds
47,402
48,630
For the year ending 31 December 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 16 June 2026 and were signed on its behalf by
BISHOP, Andrew James Director Company Registration No. 09577102
- 4 -
Global Networks Group Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Global Networks Group Limited is a private company, limited by shares, registered in England and Wales, registration number 09577102. The registered office is 20 Clarke Road, Bletchley, Milton Keynes, Buckinghamshire, MK1 1LG, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 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.
4
Investments
Subsidiary undertakings
£
Valuation at 1 January 2025
282,955
Valuation at 31 December 2025
282,955
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
3
3
6
Creditors: amounts falling due within one year
2025
2024
£
£
Amounts owed to group undertakings and other participating interests
103,966
94,866
Accruals
900
1,230
104,866
96,096
- 5 -
Global Networks Group Limited Notes to the Accounts for the year ended 31 December 2025
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Loans from directors
131,329
138,479
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Controlling party
The company is under the control of directors who own 100% of the share capital.
10
Average number of employees
During the year the average number of employees was 2 (2024: 2).
- 6 -