Company Registration No. 09398665 (England and Wales)
GOT Technologies (UK) Ltd
Unaudited accounts
for the year ended 31 December 2023
GOT Technologies (UK) Ltd
Unaudited accounts
Contents
GOT Technologies (UK) Ltd
Company Information
for the year ended 31 December 2023
Directors
Ingmar Booij
Adelina Samsara Morina
Secretary
Adelina Samsara Morina
Company Number
09398665 (England and Wales)
Registered Office
Office 3
708a High Road
London
London
N12 9QL
England
Accountants
Solid Ltd
Eagle House
163 City Road
London
EC1V 1NR
GOT Technologies (UK) Ltd
Statement of financial position
as at 31 December 2023
Called up share capital not paid
1
1
Cash at bank and in hand
110,670
31,718
Creditors: amounts falling due within one year
(1,035,456)
(1,261,463)
Net current (liabilities)/assets
(39,149)
8,645
Net (liabilities)/assets
(38,805)
9,513
Called up share capital
1
1
Profit and loss account
(38,806)
9,512
Shareholders' funds
(38,805)
9,513
For the year ending 31 December 2023 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 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 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 of Directors and authorised for issue on 14 September 2024 and were signed on its behalf by
Adelina Samsara Morina
Director
Company Registration No. 09398665
GOT Technologies (UK) Ltd
Notes to the Accounts
for the year ended 31 December 2023
GOT Technologies (UK) Ltd is a private company, limited by shares, registered in England and Wales, registration number 09398665. The registered office is Office 3, 708a High Road, London, London, N12 9QL, 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:
Computer equipment
3 year straight line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
GOT Technologies (UK) Ltd
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Computer equipment
Amounts falling due after more than one year
Trade debtors
598,965
104,898
Amounts due from group undertakings etc.
279,645
1,056,637
Accrued income and prepayments
5,055
76,654
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
119,204
65,759
Amounts owed to group undertakings and other participating interests
304,336
682,353
Taxes and social security
41,489
21,098
Other creditors
5,419
6,234
Deferred income
29,780
35,201
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
GOT Technologies (UK) Ltd
Notes to the Accounts
for the year ended 31 December 2023
8
Transactions with related parties
GOT International s.r.o.
Company owned and managed by Ingmar Booij
Amount to the related party at year end £207,854 (2022: £585,684 owed to GOT International s.r.o.)
GPSP Hellas
Company owned and managed by Ingmar Booij
Amount owed from related party at year end £1,832 (2022: £1,832)
GOT International B.V.
Company owned and managed by Ingmar Booij
Amount owed from related party at year end £nil (2022: £870,417)
Global Outsourcing Team EOOD
Company owned and managed by Ingmar Booij
Amount owed from related party at year end £3,657 (2022: £3,657)
GPS International SG PTE Ltd
Company owned and managed by Ingmar Booij
Amount owed from related party at year end £47,566 (2022: £47,566)
GOT ES
Company owned and managed by Ingmar Booij
Amount owed from related party at year end £226,590 (2022: £133,165)
GOT TECHNOLOGIES SRL
Company owned and managed by Ingmar Booij
Amount owed to the related party at year end £96,483 (2022: £96,669 owed from related party)
9
Average number of employees
During the year the average number of employees was 11 (2022: 8).