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Company Registration No. 04957772 (England and Wales)
Global Shipping Master Uk Limited Unaudited accounts for the year ended 31 December 2025
Global Shipping Master Uk Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Global Shipping Master Uk Limited Company Information for the year ended 31 December 2025
Director
Ki Shik Kim
Company Number
04957772 (England and Wales)
Registered Office
Unit 48 Phoenix Way Hounslow TW5 9NB United Kingdom
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Global Shipping Master Uk Limited Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
12,289 
16,185 
Investments
5
40,000 
40,000 
52,289 
56,185 
Current assets
Debtors
6
78,514 
36,011 
Cash at bank and in hand
25,357 
37,026 
103,871 
73,037 
Creditors: amounts falling due within one year
7
(586,772)
(515,073)
Net current liabilities
(482,901)
(442,036)
Total assets less current liabilities
(430,612)
(385,851)
Creditors: amounts falling due after more than one year
8
(102,521)
(98,187)
Provisions for liabilities
Deferred tax
(2,446)
(3,289)
Net liabilities
(535,579)
(487,327)
Capital and reserves
Called up share capital
451,000 
451,000 
Profit and loss account
(986,579)
(938,327)
Shareholders' funds
(535,579)
(487,327)
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 director acknowledges his 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 and authorised for issue on 18 September 2026 and were signed on its behalf by
Ki Shik Kim Director Company Registration No. 04957772
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Global Shipping Master Uk Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Global Shipping Master Uk Limited is a private company, limited by shares, registered in England and Wales, registration number 04957772. The registered office is Unit 48 Phoenix Way, Hounslow, TW5 9NB, United Kingdom.
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.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2025
60,327 
3,501 
58,249 
122,077 
Additions
- 
- 
200 
200 
At 31 December 2025
60,327 
3,501 
58,449 
122,277 
Depreciation
At 1 January 2025
56,476 
3,304 
46,112 
105,892 
Charge for the year
963 
49 
3,084 
4,096 
At 31 December 2025
57,439 
3,353 
49,196 
109,988 
Net book value
At 31 December 2025
2,888 
148 
9,253 
12,289 
At 31 December 2024
3,851 
197 
12,137 
16,185 
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Global Shipping Master Uk Limited Notes to the Accounts for the year ended 31 December 2025
5
Investments
Other investments 
£ 
Valuation at 1 January 2025
40,000 
Valuation at 31 December 2025
40,000 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
3,613 
4,314 
Trade debtors
24,572 
10,797 
Accrued income and prepayments
35,229 
5,900 
Other debtors
100 
- 
63,514 
21,011 
Amounts falling due after more than one year
Accrued income and prepayments
15,000 
15,000 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
552,088 
479,506 
Other creditors
33,970 
35,567 
Accruals
714 
- 
586,772 
515,073 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
13,256 
16,059 
Other creditors
89,265 
82,128 
102,521 
98,187 
9
Average number of employees
During the year the average number of employees was 5 (2024: 6).
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