Global Compact Network UK - Period Ending 2017-12-31

Registration number: 08567552

Global Compact Network UK

Annual Report and Unaudited Financial Statements (Filleted)

for the Year Ended 31 December 2017

Global Compact Network UK

Contents

Balance Sheet	1 to 2
Notes to the Financial Statements	3 to 4

Global Compact Network UK

(Registration number: 08567552)
Balance Sheet
31 December 2017

	Note	2017 £	2016 £
Current assets
Debtors	4	112,289	36,522
Cash at bank and in hand		73,585	11,469
		185,874	47,991
Creditors: Amounts falling due within one year	5	(185,874)	(47,991)
Net assets/(liabilities)		-	-
Capital and reserves
Total equity		-	-

The notes on pages 3 to 4 form an integral part of these financial statements.

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1

Global Compact Network UK

(Registration number: 08567552)
Balance Sheet
31 December 2017

For the financial year ending 31 December 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 31 August 2018 and signed on its behalf by:
 

 

N M Black

Director

The notes on pages 3 to 4 form an integral part of these financial statements.

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2

Global Compact Network UK

Notes to the Financial Statements
Year Ended 31 December 2017

1	General information

The company is a private company limited by share capital incorporated in England and Wales.

The address of its registered office is:
Cooper House
Lower Charlton Estate
Shepton Mallet
Somerset
BA4 5QE

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2016 - 0).

4

Debtors

	2017 £	2016 £
Trade debtors	112,289	36,522
Total current trade and other debtors	112,289	36,522

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3

Global Compact Network UK

Notes to the Financial Statements
Year Ended 31 December 2017

5

Creditors

	Note	2017 £	2016 £
Due within one year
Trade creditors		70,164	-
Taxation and social security		26,677	3,656
Other creditors		89,033	44,335
		185,874	47,991

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