Global Philanthropic Holdings UK Limited
Global Philanthropic Holdings UK Limited
Registered number: 07400424
Unaudited Financial Statements
For The Year Ended 30 December 2017
Lewis Brownlee (Chichester) Ltd
Appledram Barns
Birdham Road
Chichester
West Sussex
PO20 7EQ
Global Philanthropic Holdings UK Limited
Unaudited Financial Statements
For The Year Ended 30 December 2017
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Accountants' Report | 1 |
| Statement of Financial Position | 2—3 |
| Notes to the Financial Statements | 4—5 |
Global Philanthropic Holdings UK Limited
Accountants' Report
For The Year Ended 30 December 2017
Accountants' Report
Report to the directors on the preparation of the unaudited statutory accounts of Global Philanthropic Holdings UK Limited For The Year Ended 30 December 2017
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Global Philanthropic Holdings UK Limited which comprise the Income Statement, the Statement of Financial Position and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Global Philanthropic Holdings UK Limited , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Global Philanthropic Holdings UK Limited and state those matters that we have agreed to state to the directors of Global Philanthropic Holdings UK Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Global Philanthropic Holdings UK Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Global Philanthropic Holdings UK Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Global Philanthropic Holdings UK Limited . You consider that Global Philanthropic Holdings UK Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Global Philanthropic Holdings UK Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
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Appledram Barns
Birdham Road
Chichester
West Sussex
PO20 7EQ
Page 1
Global Philanthropic Holdings UK Limited
Statement of Financial Position
For The Year Ended 30 December 2017
Statement of Financial Position
Registered number:
07400424
For the year ending 30 December 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2017 | 2016 | ||||
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Investments | 3 |
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| CURRENT ASSETS | |||||
| Debtors | 4 |
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| Creditors: Amounts Falling Due Within One Year | 5 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 6 |
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| Share premium account |
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| Income Statement |
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| SHAREHOLDERS' FUNDS | (37,957) | 152,867 | |||
Page 2
Global Philanthropic Holdings UK Limited
Statement of Financial Position (continued)
For The Year Ended 30 December 2017
Directors' responsibilities:
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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. -
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
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The notes on pages 4 to 5 form part of these financial statements.
Page 3
Global Philanthropic Holdings UK Limited
Notes to the Financial Statements
For The Year Ended 30 December 2017
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows:
| 2017 | 2016 | ||
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| Management |
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3.
Investments
| Unlisted | |
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| £ | |
| Cost | |
| As at |
249 |
| As at |
249 |
| Provision | |
| As at |
- |
| As at |
- |
| Net Book Value | |
| As at |
249 |
| As at |
249 |
4.
Debtors
| 2017 | 2016 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Other debtors |
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| Amounts owed by group undertakings |
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Page 4
Global Philanthropic Holdings UK Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 December 2017
5.
Creditors: Amounts Falling Due Within One Year
| 2017 | 2016 | ||
|---|---|---|---|
| £ | £ | ||
| Bank loans and overdrafts |
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| Other creditors |
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| Accruals and deferred income |
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| Directors' loan accounts | - |
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7.
Ultimate Controlling Party
The company's ultimate controlling party is Ben Morton-Wright by virtue of his majority ownership of the issued share capital in the company.
8.
General Information
Global Philanthropic Holdings UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07400424 . The registered office is Finsgate, 5-7 Cranwood Street, London, EC1V 9EE.
Page 5