| Global Chertsey Ltd |
| Notes to the Accounts |
| for the year ended 28 February 2026 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
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Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. |
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Debtors |
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Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets, excluding loans to directors, are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
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Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax liabilities are not discounted. |
|
|
| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
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Plant and machinery etc |
| £ |
|
Cost |
|
At 1 March 2025 |
3,350 |
|
Disposals |
(1,410) |
|
At 28 February 2026 |
1,940 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 March 2025 |
3,350 |
|
On disposals |
(1,410) |
|
At 28 February 2026 |
1,940 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 28 February 2026 |
- |
|
|
| 4 |
Debtors |
2026 |
|
2025 |
| £ |
£ |
|
|
Other debtors |
12,890 |
|
14,878 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Bank loans and overdrafts |
- |
|
15 |
|
Taxation and social security costs |
904 |
|
1,414 |
|
Other creditors |
2,044 |
|
1,706 |
|
|
|
|
|
|
2,948 |
|
3,135 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
G. Shaya |
|
Overdrawn directors loan account, interets free and repayable on demand |
11,216 |
|
- |
|
(1,500) |
|
9,716 |
|
|
|
11,216 |
|
- |
|
(1,500) |
|
9,716 |
|
|
|
|
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| 7 |
Other information |
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Global Chertsey Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
559b Stroude Road |
|
Virginia Water |
|
Surrey |
|
GU25 4BQ |