2023-04-01 2024-03-31 false Capium Accounts Production 1.1 13573642 2023-04-01 2024-03-31 13573642 bus:AbridgedAccounts 2023-04-01 2024-03-31 13573642 bus:FRS102 2023-04-01 2024-03-31 13573642 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13573642 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 13573642 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13573642 2023-04-01 2024-03-31 13573642 2024-03-31 13573642 bus:RegisteredOffice 2023-04-01 2024-03-31 13573642 core:WithinOneYear 2024-03-31 13573642 core:AfterOneYear 2024-03-31 13573642 1 2023-04-01 2024-03-31 13573642 bus:Director1 2023-04-01 2024-03-31 13573642 bus:Director1 2024-03-31 13573642 bus:Director1 2022-04-01 2023-03-31 13573642 bus:Director2 2023-04-01 2024-03-31 13573642 bus:Director2 2024-03-31 13573642 bus:Director2 2022-04-01 2023-03-31 13573642 2022-04-01 13573642 bus:LeadAgentIfApplicable 2023-04-01 2024-03-31 13573642 2022-04-01 2023-03-31 13573642 2023-03-31 13573642 core:WithinOneYear 2023-03-31 13573642 core:AfterOneYear 2023-03-31 13573642 bus:EntityAccountantsOrAuditors 2022-04-01 2023-03-31 13573642 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 13573642 bus:OrdinaryShareClass1 2024-03-31 13573642 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 13573642 bus:OrdinaryShareClass1 2023-03-31 13573642 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 13573642 core:CostValuation core:Non-currentFinancialInstruments 2023-03-31 13573642 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-03-31 13573642 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 13573642 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 13573642 core:Non-currentFinancialInstruments 2024-03-31 13573642 core:Non-currentFinancialInstruments 2023-03-31 13573642 core:ShareCapital 2024-03-31 13573642 core:ShareCapital 2023-03-31 13573642 core:RetainedEarningsAccumulatedLosses 2024-03-31 13573642 core:RetainedEarningsAccumulatedLosses 2023-03-31 13573642 dpl:Item1 2023-04-01 13573642 dpl:Item1 2024-03-31 13573642 dpl:Item1 2022-04-01 13573642 dpl:Item1 2023-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 13573642
England and Wales

 

 

 

GCT GROUP LTD


Abridged Accounts
 


Period of accounts

Start date: 01 April 2023

End date: 31 March 2024
 
 
Notes
 
2024
£
  2023
£
Current assets      
Stocks 44,565   
Debtors 18,584    4,483 
Cash at bank and in hand 284,164    1,122,835 
347,313    1,127,318 
Creditors: amount falling due within one year (3,700)   (297,790)
Net current assets 343,613    829,528 
 
Total assets less current liabilities 343,613    829,528 
Creditors: amount falling due after more than one year (387,417)   (762,083)
Net assets (43,804)   67,445 
 

Capital and reserves
     
Called up share capital 3 100    100 
Profit and loss account (43,904)   67,345 
Shareholders' funds (43,804)   67,445 
 


For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. 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.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 19 March 2025 and were signed on its behalf by:


-------------------------------
Alexander Padhaiski
Director
1
General Information
GCT Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 13573642, registration address Unit 65 Legacy Building, 1 Viaduct Gardens, London, SW11 7AY.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the year was 0 (2023 : 0).
3.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
100 Class A shares of £1.00 each 100    100 
100    100 

4.

Related parties

During the year the company entered into the following transactions with related parties:
Transaction value - income/(expenses) Balance owed by/(owed to)
2024
£
 2023
£
 2024
£
 2023
£
Gewinnan Limited

During the period, sales of £nil (2023: £Nil) was generated from Gewinnan Limited, a 100% shareholder of the company and has common directors. During the year, payments totalling £144,939 (2023: £111,116) were made to Sunnatjon Ikramov, who is a director of the company.
2