Global Options Limited - Accounts to registrar (filleted) - small 17.3
Global Options Limited - Accounts to registrar (filleted) - small 17.3
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 29 SEPTEMBER 2017 |
FOR |
GLOBAL OPTIONS LIMITED |
GLOBAL OPTIONS LIMITED (REGISTERED NUMBER: 01933874) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 29 SEPTEMBER 2017 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
GLOBAL OPTIONS LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 29 SEPTEMBER 2017 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
BUSINESS ADDRESS: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Sterling House |
20 Station Road |
Gerrards Cross |
Buckinghamshire |
SL9 8EL |
GLOBAL OPTIONS LIMITED (REGISTERED NUMBER: 01933874) |
BALANCE SHEET |
29 SEPTEMBER 2017 |
2017 | 2016 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Investments | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
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 |
GLOBAL OPTIONS LIMITED (REGISTERED NUMBER: 01933874) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 29 SEPTEMBER 2017 |
1. | STATUTORY INFORMATION |
Global Options Limited is a |
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 |
Tangible fixed assets |
Computer equipment | - |
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 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 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. |
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. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2016 - NIL). |
GLOBAL OPTIONS LIMITED (REGISTERED NUMBER: 01933874) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 29 SEPTEMBER 2017 |
4. | TANGIBLE FIXED ASSETS |
Computer |
equipment |
£ |
COST |
At 30 September 2016 |
Additions |
At 29 September 2017 |
DEPRECIATION |
At 30 September 2016 |
Charge for year |
At 29 September 2017 |
NET BOOK VALUE |
At 29 September 2017 |
At 29 September 2016 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Other debtors |
6. | CURRENT ASSET INVESTMENTS |
2017 | 2016 |
£ | £ |
Listed investments | 57,489 | 80,762 |
If the investments were sold at market value disclosed, no tax liability would arise. |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Other creditors |
Directors' current accounts | 777 | 777 |
Accrued expenses |
8. | ULTIMATE CONTROLLING PARTY |
9. | FIRST YEAR ADOPTION |
This is the first year that the company has presented its financial statements in accordance with the provisions of |
Section 1A 'Small Entities' of Financial Reporting Standard 102 ' The Financial Reporting Framework applicable |
in the UK and Republic of Ireland' (FRS 102). |
There were no changes to the previously reported results on transition to FRS 102. A reconciliation of equity |
under the previous financial reporting framework to equity under FRS 102 Section 1A is therefore not required. |