Registered Number 07867696


Abbreviated Accounts

31 December 2014

GLOBAL TRANSACTION SERVICES (UK) LTD. Registered Number 07867696

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Current assets
Debtors 108,599 110,371
Cash at bank and in hand 356,777 10,703,619
465,376 10,813,990
Creditors: amounts falling due within one year (122,130 ) (10,662,917 )
Net current assets (liabilities) 343,246 151,073
Total assets less current liabilities 343,246 151,073
Total net assets (liabilities) 343,246 151,073
Capital and reserves
Called up share capital 50,000 50,000
Profit and loss account 293,246 101,073
Shareholders' funds 343,246 151,073

  • For the year ending 31 December 2014 the company was entitled to exemption 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 15 October 2015

And signed on their behalf by:
H Vernex-Loset, Director

GLOBAL TRANSACTION SERVICES (UK) LTD. Registered Number 07867696

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1 Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents amounts reicable for goods and services net of VAT and trade discounts.