Global Philanthropic Holdings Uk Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07400424 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

31 DECEMBER 2017 TO 31 DECEMBER 2018

FOR

GLOBAL PHILANTHROPIC HOLDINGS UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S P M Banks

M J D Haigh

M U L Hutton

Ms P H Marshall

B M Morton-Wright

Ms P B Davis

REGISTERED OFFICE:

C/o Jeffreys Henry Llp

Finsgate

5-7 Cranwood Street

London

EC1V 9EE

REGISTERED NUMBER:

07400424 (England and Wales)

ACCOUNTANTS:

Lewis Brownlee (Chichester) Limited

Chartered Accountants

Appledram Barns

Birdham Road

Chichester

West Sussex

PO20 7EQ

FIXED ASSETS

Investments

4

249

249

CURRENT ASSETS

Debtors

5

227

197

CREDITORS

Amounts falling due within one year

6

41,458

38,403

NET CURRENT LIABILITIES

(41,231

)

(38,206

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(40,982

)

(37,957

)

CAPITAL AND RESERVES

Called up share capital

7

13,530

13,500

Share premium

53,460

53,460

Retained earnings

(107,972

)

(104,917

)

SHAREHOLDERS' FUNDS

(40,982

)

(37,957

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

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 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 5 September 2019 and were signed on its behalf by:

B M Morton-Wright - Director

1.	STATUTORY INFORMATION

Global Philanthropic Holdings Uk Limited is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the Company Information

page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Financial instruments

Financial instruments are classified by the director as basic or advanced following the conditions in FRS 102

Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method. The

company has no advanced financial instruments.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and

Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or

directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of

the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 6 (2017 - 5 ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 31 December 2017

and 31 December 2018

249

NET BOOK VALUE

At 31 December 2018

249

At 30 December 2017

249

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other debtors

227

197

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Bank loans and overdrafts

10,057

9,903

Amounts owed to group undertakings

11,901

-

Other creditors

19,500

28,500

41,458

38,403

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

1,353,033

Ordinary

£0.01

13,530

13,500