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Registered Number: 15165493
England and Wales

 

 

 

GLOBAL LIFELINES ENERGY LIMITED


Unaudited Financial Statements
 


Period of accounts

Start date : 01 October 2024

End date : 30 September 2025
 
 
 
£
2025
£
   
£
2024
£
Fixed assets 1,270  1,589 
Current assets 32,797  27,949 
Creditors: amount falling due within one year (52,051) (42,916)
Net current assets/(liabilities) (19,254) (14,967)
Total assets less current liabilities (17,984) (13,378)
Net assets/(liabilities) (17,984) (13,378)
 
Capital and reserves (17,984) (13,378)
 



Notes to the Accounts
Statutory Information
Global Lifelines Energy Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number 15165493, registration address Bartle House, Oxford Court, Manchester, M2 3WQ, England.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings10% Reducing Balance
Motor Vehicles25% Reducing Balance
Office Equipment10% Reducing Balance
2.

Tangible fixed assets

Cost or Valuation   Fixtures and Fittings   Motor Vehicles   Office Equipment   Total
    £   £   £   £
At 01 October 2024   377    1,428    200    2,005 
At 30 September 2025   377    1,428    200    2,005 
Depreciation
At 01 October 2024   38    357    20    415 
Charge for year   34    268    18    320 
At 30 September 2025   72    625    38    735 
Net book values
Closing balance as at 30 September 2025   305    803    162    1,270 
Opening balance as at 01 October 2024   339    1,071    180    1,590 
Tangible fixed assets
3.

Average number of employees

Average number of employees during the year were 2 (2024: 2).

Directors' Responsibilities:
  1. For the 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.
  2. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
  3. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions.

Signed on behalf of the board of directors:


---------------------------------------------
Nyasha Mdoka
Director

Date approved: 01 August 2026
1