Company Registration No. 11625430 (England and Wales)
GLOBAL DEFENCE SECURITY LTD
Unaudited accounts
for the year ended 31 October 2020
GLOBAL DEFENCE SECURITY LTD
Unaudited accounts
Contents
GLOBAL DEFENCE SECURITY LTD
Company Information
for the year ended 31 October 2020
Company Number
11625430 (England and Wales)
Registered Office
1ST FLOOR
415 HIGH STREET
LONDON
E15 4QZ
ENGLAND
Accountants
Cooper & Young Ltd
390-392 High Road
Ilford
Essex
IG1 1BF
GLOBAL DEFENCE SECURITY LTD
Statement of financial position
as at
31 October 2020
Tangible assets
1,304
680
Cash at bank and in hand
16,536
4,935
Creditors: amounts falling due within one year
(10,309)
(4,480)
Net current assets
8,226
455
Called up share capital
1
1
Profit and loss account
9,529
1,134
Shareholders' funds
9,530
1,135
For the year ending 31 October 2020 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 April 2021 and were signed on its behalf by
Anwar Ali
Director
Company Registration No. 11625430
GLOBAL DEFENCE SECURITY LTD
Notes to the Accounts
for the year ended 31 October 2020
GLOBAL DEFENCE SECURITY LTD is a private company, limited by shares, registered in England and Wales, registration number 11625430. The registered office is 1ST FLOOR, 415 HIGH STREET, LONDON, E15 4QZ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2019
850
-
850
At 31 October 2020
850
950
1,800
At 1 November 2019
170
-
170
Charge for the year
136
190
326
At 31 October 2020
306
190
496
At 31 October 2020
544
760
1,304
At 31 October 2019
680
-
680
GLOBAL DEFENCE SECURITY LTD
Notes to the Accounts
for the year ended 31 October 2020
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
2,978
954
Loans from directors
(3,962)
3,526
7
Average number of employees
During the year the average number of employees was 6 (2019: 0).