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Global Investment Limited - Accounts
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Registered Number: 07549766
England and Wales

 

 

 

Global INVESTMENT LIMITED


Report of the Director and Unaudited Financial Statements
 


Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

Global Investment Limited
Contents Page
For the year ended 31 March 2024
DirectorDOLLY Mohan Jain
Registered Number07549766
Registered Office1st Floor Devonshire House,
Mayfair Place, England,
London,
United Kingdom
W1J 8AJ
1
Director's report and financial statements
The director presents their annual report and the financial statements for the year ended 31 March 2024.
Director
The director who served the company throughout the year was as follows:
DOLLY Mohan Jain

On behalf of the board.


----------------------------------
DOLLY Mohan Jain
Director

Date approved: 16 June 2024
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 		Notes
 		2024
£		 2023
£
Turnover849,959  421,542 
Gross profit849,959  421,542 
Administrative expenses(283,051) (252,808)
Operating profit566,908  168,734 
Other interest receivable and similar income389  91 
Interest payable and similar charges(504,293) (136,046)
Profit/(Loss) on ordinary activities before taxation63,004  32,779 
Tax on profit on ordinary activities(15,751) (6,228)
Profit/(Loss) for the financial year47,253  26,551 
 
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 		Notes
 		2024
£		 2023
£
Fixed assets   
Investments11,260,864  9,928,330 
11,260,864  9,928,330 
Current assets   
Debtors10,000  10,000 
Cash at bank and in hand329,649  375,798 
339,649  385,798 
Net current assets339,649  385,798 
 
Total assets less current liabilities11,600,513  10,314,128 
Creditors: amount falling due after more than one year(11,182,125) (9,953,008)
Accruals and deferred income(15,751) (6,228)
Net assets402,637  354,892 
 

Capital and reserves		   
Called up share capital56,000  56,000 
Reserves1,501  1,008 
Profit and loss account345,136  297,884 
Shareholders' funds402,637  354,892 
 


For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the director on 16 June 2024 and were signed by:


-------------------------------
DOLLY Mohan Jain
Director
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General Information
Global Investment Limited is a private company, limited by shares, registered in England and Wales, registration number 07549766, registration address 1st Floor Devonshire House, , Mayfair Place, England, , London,, United Kingdom, W1J 8AJ.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

2.

Average number of employees

Average number of employees during the year was 1 (2023 : 1).
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