GLOBAL SYSTEMS UK LIMITED Financial Accounts 2014-11-30 REGISTERED NUMBER: 06745655 (England and Wales) Abbreviated Unaudited Accounts for the Year Ended 30 November 2014 for Global Systems UK Ltd Downloaded from www.datalog.co.uk GLOBAL SYSTEMS UK LIMITED Financial Accounts 2014-11-30 Global Systems UK Ltd (Registered number: 06745655) Contents of the Abbreviated Accounts for the Year Ended 30 November 2014 Page Company Information 1 Abbreviated Balance Sheet 2 Notes to the Abbreviated Accounts 3 Report of the Accountants 5 Downloaded from www.datalog.co.uk GLOBAL SYSTEMS UK LIMITED Financial Accounts 2014-11-30 Downloaded from www.datalog.co.uk GLOBAL SYSTEMS UK LIMITED Financial Accounts 2014-11-30 Global Systems UK Ltd Company Information for the Year Ended 30 November 2014 DIRECTOR: J Webb-Jones SECRETARY: Mrs K A Webb-Jones REGISTERED OFFICE: 29 Gaunts Way Letchworth Hertfordshire SG6 4PH REGISTERED NUMBER: 06745655 (England and Wales) ACCOUNTANTS: SJD Accountancy Plaza 8 KD Tower Cotterells Hemel Hempstead Herts HP1 1FW Downloaded from www.datalog.co.uk GLOBAL SYSTEMS UK LIMITED Financial Accounts 2014-11-30 Page 1 Downloaded from www.datalog.co.uk GLOBAL SYSTEMS UK LIMITED Financial Accounts 2014-11-30 Global Systems UK Ltd (Registered number: 06745655) Abbreviated Balance Sheet 30 November 2014 Notes FIXED ASSETS Tangible assets 30.11.14 £ 2 CURRENT ASSETS Debtors Cash at bank 3 CREDITORS Amounts falling due within one year NET CURRENT (LIABILITIES)/ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CAPITAL AND RESERVES Called up share capital SHAREHOLDERS' FUNDS 4 £ 30.11.13 £ 1,185 £ - 10,956 10,693 21,649 3,604 10,954 14,558 22,824 14,548 (1,175) 10 10 10 10 10 10 10 The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2014. The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2014 in accordance with Section 476 of the Companies Act 2006. The director acknowledges his responsibilities for: ensuring that the company keeps accounting records which comply with Sections 386 and (a) 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance (b) with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. The financial statements were approved by the director on 9 December 2014 and were signed by: J Webb-Jones - Director The notes form part of these abbreviated accounts Downloaded from www.datalog.co.uk GLOBAL SYSTEMS UK LIMITED Financial Accounts 2014-11-30 Page 2 Downloaded from www.datalog.co.uk GLOBAL SYSTEMS UK LIMITED Financial Accounts 2014-11-30 Global Systems UK Ltd (Registered number: 06745655) Notes to the Abbreviated Accounts for the Year Ended 30 November 2014 1. ACCOUNTING POLICIES Accounting convention The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). Turnover Turnover represents net invoiced sales of services, excluding value added tax. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Deferred tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. 2. TANGIBLE FIXED ASSETS Total £ COST At 1 December 2013 Additions At 30 November 2014 DEPRECIATION At 1 December 2013 Charge for year At 30 November 2014 NET BOOK VALUE At 30 November 2014 1,500 1,580 3,080 1,500 395 1,895 1,185 At 30 November 2013 3. - DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR The aggregate total of debtors falling due after more than one year is £ 2,191 (30.11.13 £ 1,481 ) 4. CALLED UP SHARE CAPITAL Allotted, issued and fully paid: Number: Class: 10 Ordinary Nominal value: 1.00 Downloaded from www.datalog.co.uk 30.11.14 £ 10 30.11.13 £ 10 GLOBAL SYSTEMS UK LIMITED Financial Accounts 2014-11-30 Page 3 Downloaded from www.datalog.co.uk continued... GLOBAL SYSTEMS UK LIMITED Financial Accounts 2014-11-30 Global Systems UK Ltd (Registered number: 06745655) Notes to the Abbreviated Accounts - continued for the Year Ended 30 November 2014 5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES The following advances and credits to a director subsisted during the years ended 30 November 2014 and 30 November 2013: J Webb-Jones Balance outstanding at start of year Amounts advanced Amounts repaid Balance outstanding at end of year 30.11.14 £ 30.11.13 £ 2,123 8,765 (2,123) 8,765 7,180 2,123 (7,180) 2,123 The directors loan will be repaid within 9 months and 1 day of the company yearend. Downloaded from www.datalog.co.uk GLOBAL SYSTEMS UK LIMITED Financial Accounts 2014-11-30 Page 4 Downloaded from www.datalog.co.uk GLOBAL SYSTEMS UK LIMITED Financial Accounts 2014-11-30 Global Systems UK Ltd Report of the Accountants to the Director of Global Systems UK Ltd The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four) have been prepared. As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 30 November 2014 set out on pages nil to nil and you consider that the company is exempt from an audit. In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. SJD Accountancy Plaza 8 KD Tower Cotterells Hemel Hempstead Herts HP1 1FW Date: ............................................. This page does not form part of the abbreviated accounts Downloaded from www.datalog.co.uk GLOBAL SYSTEMS UK LIMITED Financial Accounts 2014-11-30 Page 5 Downloaded from www.datalog.co.uk GLOBAL SYSTEMS UK LIMITED Financial Accounts 2014-11-30 Downloaded from www.datalog.co.uk