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REGISTERED NUMBER: 04101704 (England and Wales)















GTEK PLANT LIMITED

Unaudited Financial Statements for the Year Ended 31 December 2024






GTEK PLANT LIMITED (REGISTERED NUMBER: 04101704)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GTEK PLANT LIMITED

Company Information
for the Year Ended 31 December 2024







DIRECTOR: Mr S Keith



SECRETARY: Mr S Keith



REGISTERED OFFICE: The Counting House
59-61 Charlotte Street
St Pauls Square
Birmingham
West Midlands
B3 1PX



REGISTERED NUMBER: 04101704 (England and Wales)



ACCOUNTANTS: Michael Dufty Partnership Limited
59-61 Charlotte Street
St Pauls Square
Birmingham
West Midlands
B3 1PX



BANKERS: HSBC UK Bank Plc
5-6 High St
Harry Weston Road
Coventry
CV1 5RE

GTEK PLANT LIMITED (REGISTERED NUMBER: 04101704)

Balance Sheet
31 December 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 5 27,425 335,754
Cash at bank 17,791 10,195
45,216 345,949
CREDITORS
Amounts falling due within one year 6 42,736 105,340
NET CURRENT ASSETS 2,480 240,609
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,480

240,609

CAPITAL AND RESERVES
Called up share capital 100 260,100
Retained earnings 2,380 (19,491 )
SHAREHOLDERS' FUNDS 2,480 240,609

GTEK PLANT LIMITED (REGISTERED NUMBER: 04101704)

Balance Sheet - continued
31 December 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the director and authorised for issue on 24 March 2025 and were signed by:





Mr S Keith - Director


GTEK PLANT LIMITED (REGISTERED NUMBER: 04101704)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Gtek Plant Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 33% on cost
Fixtures and fittings - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 1 ).

GTEK PLANT LIMITED (REGISTERED NUMBER: 04101704)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 4,597 24,644 29,241
DEPRECIATION
At 1 January 2024
and 31 December 2024 4,597 24,644 29,241
NET BOOK VALUE
At 31 December 2024 - - -
At 31 December 2023 - - -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by participating interests 27,425 335,754

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to participating interests 32,103 57,726
Corporation tax - 38,937
Social security and other taxes 8,134 -
Accrued expenses 2,499 8,677
42,736 105,340