Registered number 06721219 GLOBAL WELFARE LIMITED Report and Accounts 31 October 2024 GLOBAL WELFARE LIMITED Company Information Directors Shajahan Miah Abdul Monim Khan Accountants Miah & Co ( London ) Ltd 16 A Well Hall Road Eltharn London SE9 6SP Bankers Hsbc Registered office 114 Salmon lane London E14 7PQ Registered number 06721219 Charbty number 1134633 GLOBAL WELFARE LIMITED Registered number: Dlrectors. Report 06721219 The dtrectors present their report and accounts for the year ended 31 October 2024. Principal activities Th8 company's principal activity d uring the year continued to be charitable organization. Directors The following persons seNed as directors during the year: Shajahan Miah Abdul Monim Khan Small company provisions This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicAble to companies subject to the small companies regime. This report vras approved by the board on 22 July 2025 and signed on its behalf. Shajahan Miah Director GLOBAL WELFARE LIMITED Accountants, Report Accountants, report to the directors of GLOBAL WELFARE LIMITED You consider that the company is exempt from an audit for the year ended 31 October 2024. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the company and on the basis of snformation and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. Miah & Co { London ) Ltd Accountants 16 A Well Hall Road Eltham London SE9 6SP 22 July 2025 GLOBAL WELFARE LIMITED Receipts and payments accounts for the year ended 31 October 2024 Notes 2024 2023 Donations 35,180 28.058 Donation to charities (46,500) (19,350) Surplus (11,320) 8,708 Administrative expenses (814) (758) Surplusl(loss) (12,134} 7,950 SurplusJ(loss) on ordinary activities before taxation (12,134) 7,950 Tax on (loss)Iprofit on ordinary activities Surplusl(loss) for the f inancial year 12,134 7,950 GLOBAL WELFARE LIMITED Balance Sheet as at 31 October 2024 Notes 2024 2023 Fixed assets Tangible assets 200 200 Current assets Cash at bank and in hand 4,042 16,396 Creditors: amounts falling due within one year {700) (920) Net current assets 3,342 15,476 Net assets 3,542 15,676 Capital and reserves Receipts and payments accounts 3,542 15,676 Charity's funds 3,542 15,876 The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. The member has not required the company to obtain an audit in accordance with section 476 of the Att. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prepared in accordance wlth the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. Shajahan Miah Director Approved by the board on 22 July 2025 GLOBAL WELFARE LIMITED Notes to the Accounts for the year ended 31 October 2024 1 Accounting policies Basis of preparation The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). Turnover Turnover represents the value, net of va5ue added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. Depreciation Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. Plant and machinery 00/0 Straight line Stocks Stock is valued at the lower of cost and net realisable value. Deferred taxation Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse. Foreign currencies Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruSing at the balance sheet date. All differences are taken to the profit and loss account. Leasing and hire purchase commitments Assets held under finance leases and hire purchase contracts, which are those where substantially all thè risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding. Rentals paid under operating leases are charged to income on a straight line basis over the lease term. Pensions The company operates a defined contribution pension scherne. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. GLOBAL WELFARE LIMITED Notes to the Accounts for the year ended 31 October 2024 2 Tangible fixed assets Plant and machinery etc Cost At 1 November 2023 At 31 October 2024 1,000 1,000 Depreciation At l November 2023 At 31 October 2024 800 800 Net book value At 31 October 2024 200 At 31 October 2023 200 3 Creditors: amounts falling due within one year 2024 2023 Other creditors 700 920 4 Profit and loss account 2024 At 1 November 2023 Loss for the year 15,676 (12,134) At 31 October 2024 3,542 GLOBAL WELFARE LIMITED Receipts and payments accounts for the year ended 31 October 2024 2024 2023 Reeeipts 35,180 28,058 Donations to charities (46, 500) (19,350) G ross {loss)Iprofit (11,320) 8,708 Administrative expenses {814} {758} Surplusl(Loss) (12,134) 7,950 (Loss)Isurplus before tax (12,134) 7,950 GLOBAL WELFARE LIMITED Detailed receipts and payments account for the year ended 31 October 2024 2024 2023 Income Donations 35,180 28,058 Cost of sales Donations to charities 46,500 19,350 Administrative expenses General administrative expenses: Bank charges 334 334 278 278 Legal and professional costs: Accounta ncy fees 480 480 480 480 814 758