GLOBAL BRANDS PROTECTION LIMITED

GLOBAL BRANDS PROTECTION LIMITED

GLOBAL BRANDS PROTECTION LIMITED - Company Information

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GLOBAL BRANDS PROTECTION LIMITED

Company Registration Number:
07508653 (England and Wales)

Unaudited abridged accounts for the year ended 30 March 2022

Period of accounts

Start date: 31 March 2021

End date: 30 March 2022

GLOBAL BRANDS PROTECTION LIMITED

Contents of the Financial Statements

for the Period Ended 30 March 2022

Balance sheet
Notes

GLOBAL BRANDS PROTECTION LIMITED

Balance sheet

As at 30 March 2022


Notes
2022
2021


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks: 0 0
Debtors: 3 46,541 49,978
Cash at bank and in hand: 132 930
Investments:   0 0
Total current assets: 46,673 50,908
Creditors: amounts falling due within one year: 4 (82,598) (79,920)
Net current assets (liabilities): (35,925) (29,012)
Total assets less current liabilities: (35,925) (29,012)
Creditors: amounts falling due after more than one year: 5 (41,667) (47,222)
Provision for liabilities: 0 0
Total net assets (liabilities): (77,592) (76,234)
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (77,692) (76,334)
Shareholders funds: (77,592) (76,234)

The notes form part of these financial statements

GLOBAL BRANDS PROTECTION LIMITED

Balance sheet statements

For the year ending 30 March 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 21 December 2022
and signed on behalf of the board by:

Name: Marc Robin Howard
Status: Director

The notes form part of these financial statements

GLOBAL BRANDS PROTECTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Revenue recognitionRevenue is measured at the fair value of the consideration received or receivable. Revenue from the sale of goods and services is recognised when invoiced.

Other accounting policies

The accounts have been prepared on the going concern basis and assume the support of associated company Georgina Barnes Limited (see Note 7) and the sole director. Events since the Balance Sheet date indicate that this support is continuing.TaxationThere is currently no tax or deferred tax payable due to the accumulation of corporation tax losses.

GLOBAL BRANDS PROTECTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2022

2. Employees

2022 2021
Average number of employees during the period 1 1

GLOBAL BRANDS PROTECTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2022

3. Debtors

2022 2021
££
Debtors due after more than one year: 11,416 12,259

Debtors due within one year 2022 - 35125, 2021 - 37719

GLOBAL BRANDS PROTECTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2022

4. Creditors: amounts falling due within one year note

2022 - 825982021 - 79920

GLOBAL BRANDS PROTECTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2022

5. Creditors: amounts falling due after more than one year note

2022 - 416672021 - 47222The bank loan at the reporting date includes instalments due after more than five years of £19,445 (2021 - £25,000)

GLOBAL BRANDS PROTECTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2022

6. Loans to directors

Name of director receiving advance or credit: Marc Robin Howard
Description of the loan: Loan for general purposes.The loans are unsecured, repayable on demand and interest has been charged at the official rate amounting to £735 (2021 - £72).
£
Balance at 31 March 2021 37,719
Advances or credits made: 735
Advances or credits repaid: 3,329
Balance at 30 March 2022 35,125

GLOBAL BRANDS PROTECTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2022

7. Related party transactions

Name of the related party: Georgina Barnes Limited
Relationship:
Associated company
Description of the Transaction: General purpose loans
£
Balance at 31 March 2021 63,356
Balance at 30 March 2022 63,356