Global Communications Centre Ltd - Accounts to registrar (filleted) - small 18.2
Global Communications Centre Ltd - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST MAY 2019 |
FOR |
GLOBAL COMMUNICATIONS CENTRE LTD |
GLOBAL COMMUNICATIONS CENTRE LTD (REGISTERED NUMBER: 05124043) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST MAY 2019 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
GLOBAL COMMUNICATIONS CENTRE LTD |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31ST MAY 2019 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
109 Coleman Road |
Leicester |
LE5 4LE |
GLOBAL COMMUNICATIONS CENTRE LTD (REGISTERED NUMBER: 05124043) |
STATEMENT OF FINANCIAL POSITION |
31ST MAY 2019 |
31/5/19 | 31/5/18 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
6 |
( |
) |
( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings |
SHAREHOLDERS' FUNDS |
The director acknowledges his 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director on |
GLOBAL COMMUNICATIONS CENTRE LTD (REGISTERED NUMBER: 05124043) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST MAY 2019 |
1. | STATUTORY INFORMATION |
Global Communications Centre Ltd is a |
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 |
TURNOVER |
The turnover shown in the profit and loss account represents amounts invoiced during the year. |
In respect of long-term contracts and contracts for on-going services, turnover represents the value of |
work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term |
contracts and contracts for on-going services is recognised by reference to the stage of completion. |
TANGIBLE FIXED ASSETS |
Equipment | - |
STOCKS |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
obsolete and slow moving items. |
TAXATION |
Taxation for the year 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 statement of financial position date. |
DEFERRED TAX |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
the statement of financial position 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 year 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 year was |
GLOBAL COMMUNICATIONS CENTRE LTD (REGISTERED NUMBER: 05124043) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST MAY 2019 |
4. | TANGIBLE FIXED ASSETS |
Motor |
vehicles | Equipment | Totals |
£ | £ | £ |
COST |
At 1st June 2018 |
Additions |
Disposals | ( |
) | ( |
) |
At 31st May 2019 |
DEPRECIATION |
At 1st June 2018 |
Charge for year |
Eliminated on disposal | ( |
) | ( |
) |
At 31st May 2019 |
NET BOOK VALUE |
At 31st May 2019 |
At 31st May 2018 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/5/19 | 31/5/18 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/5/19 | 31/5/18 |
£ | £ |
Taxation and social security |
Other creditors |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31/5/19 | 31/5/18 |
value: | £ | £ |
Ordinary | £1 | 1 | 1 |