Global Options Limited - Accounts to registrar (filleted) - small 18.2

Global Options Limited - Accounts to registrar (filleted) - small 18.2

GLOBAL OPTIONS LIMITED - Company Information

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REGISTERED NUMBER: 01933874 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

30 SEPTEMBER 2017 TO 28 SEPTEMBER 2018

FOR

GLOBAL OPTIONS LIMITED
GLOBAL OPTIONS LIMITED (REGISTERED NUMBER: 01933874)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 30 SEPTEMBER 2017 TO 28 SEPTEMBER 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GLOBAL OPTIONS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 30 SEPTEMBER 2017 TO 28 SEPTEMBER 2018







DIRECTORS: P Wray
Dr J C Wray





SECRETARY: D E Hudson





REGISTERED OFFICE: 2-4 Packhorse Road
Gerrards Cross
Buckinghamshire
SL9 7QE





BUSINESS ADDRESS: Langston House
Chadlington
Oxfordshire
OX7 3LU





REGISTERED NUMBER: 01933874 (England and Wales)





ACCOUNTANTS: Nunn Hayward LLP
Chartered Accountants
2-4 Packhorse Road
Gerrards Cross
Buckinghamshire
SL9 7QE
1
GLOBAL OPTIONS LIMITED (REGISTERED NUMBER: 01933874)

BALANCE SHEET
28 SEPTEMBER 2018

2018 2017
Notes £ £ £ £
FIXED ASSETS
Tangible assets 3 7,601 8,394

CURRENT ASSETS
Debtors 4 37,906 2,280
Investments 5 49,827 57,489
Cash at bank 169,578 215,473
257,311 275,242
CREDITORS
Amounts falling due within one year 6 3,000 3,785
NET CURRENT ASSETS 254,311 271,457
TOTAL ASSETS LESS CURRENT
LIABILITIES
261,912
279,851

CAPITAL AND RESERVES
Called up share capital 130,000 130,000
Retained earnings 131,912 149,851
SHAREHOLDERS' FUNDS 261,912 279,851

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 September 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 20 September 2019 and were signed on its behalf
by:





P Wray - Director


The notes form part of these financial statements

2
GLOBAL OPTIONS LIMITED (REGISTERED NUMBER: 01933874)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 30 SEPTEMBER 2017 TO 28 SEPTEMBER 2018


1. STATUTORY INFORMATION

Global Options 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 20% on reducing balance

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

Investments
Investments are stated at the London Stock Exchange valuation as at close of business on the last trading day
of the company's financial year.

3 continued...
GLOBAL OPTIONS LIMITED (REGISTERED NUMBER: 01933874)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 30 SEPTEMBER 2017 TO 28 SEPTEMBER 2018


3. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 30 September 2017 15,648
Additions 886
At 28 September 2018 16,534
DEPRECIATION
At 30 September 2017 7,254
Charge for period 1,679
At 28 September 2018 8,933
NET BOOK VALUE
At 28 September 2018 7,601
At 29 September 2017 8,394

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£ £
Other debtors - 2,280
Directors' current accounts 37,906 -
37,906 2,280

5. CURRENT ASSET INVESTMENTS
2018 2017
£ £
Listed investments 49,827 57,489

If the investments were sold at market value disclosed, no tax liability would arise.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£ £
Other creditors - 8
Directors' current accounts - 777
Accrued expenses 3,000 3,000
3,000 3,785

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 28 September 2018 and the
year ended 29 September 2017:

2018 2017
£ £
P Wray
Balance outstanding at start of period - -
Amounts advanced 37,906 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 37,906 -

4 continued...
GLOBAL OPTIONS LIMITED (REGISTERED NUMBER: 01933874)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 30 SEPTEMBER 2017 TO 28 SEPTEMBER 2018


7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

The director repaid the loan in full on 30 April 2019.

5