Company Registration No. 10896874 (England and Wales)
Globe Property Holdings Limited
Unaudited accounts
for the year ended 31 August 2025
Globe Property Holdings Limited
Unaudited accounts
Contents
Globe Property Holdings Limited
Company Information
for the year ended 31 August 2025
Directors
Mr Joseph Smith
Mr Paul Smith
Company Number
10896874 (England and Wales)
Registered Office
Ascot House
246 Court Oak Rd
Harborne
Birmingham
West Midlands
B32 2EG
England
Accountants
Pendragon Business Consultants Llp
ASCOT HOUSE 246 COURT OAK ROAD
HARBORNE
BIRMINGHAM
B32 2EG
Globe Property Holdings Limited
Statement of financial position
as at 31 August 2025
Tangible assets
140,762
151,742
Cash at bank and in hand
8,195
2,675
Creditors: amounts falling due within one year
(141,555)
(142,271)
Net current liabilities
(128,116)
(132,844)
Total assets less current liabilities
12,646
18,898
Creditors: amounts falling due after more than one year
(140,899)
(140,899)
Net liabilities
(128,253)
(122,001)
Profit and loss account
(128,353)
(122,101)
Shareholders' funds
(128,253)
(122,001)
For the year ending 31 August 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 30 August 2026 and were signed on its behalf by
Mr Joseph Smith
Director
Company Registration No. 10896874
Globe Property Holdings Limited
Notes to the Accounts
for the year ended 31 August 2025
Globe Property Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 10896874. The registered office is Ascot House, 246 Court Oak Rd, Harborne, 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:
Land & buildings
Refurbishment over 10 years
Fixtures & fittings
20% Reducing Balance
Other tangible fixed assets
Leasehold over 50 years
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2024
75,594
127,449
8,751
211,794
At 31 August 2025
75,594
127,449
8,751
211,794
At 1 September 2024
39,555
14,364
6,133
60,052
Charge for the year
7,559
2,549
872
10,980
At 31 August 2025
47,114
16,913
7,005
71,032
At 31 August 2025
28,480
110,536
1,746
140,762
At 31 August 2024
36,039
113,085
2,618
151,742
Amounts falling due within one year
Globe Property Holdings Limited
Notes to the Accounts
for the year ended 31 August 2025
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
11,428
12,144
Amounts owed to group undertakings and other participating interests
26,960
26,960
Other creditors
103,167
103,167
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
131,609
131,609
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).