Registered number
14877530
(England & Wales)
GLOBAL TECH ELECTRONICS LTD
Directors' report and financial statements
31 May 2024
GLOBAL TECH ELECTRONICS LTD
Company Information
for the year ended 31.05.2024
Directors
RYZHOV, Igor, Mr.
Registered office
C/O Law & Tax International Solutions
25 City Road
London
England
EC1Y 1AA
Registered number
14877530
Registered number: 14877530
Directors' report
The director presents his report and the financial statements for the year ended 31.05.2024
Principal activities
The company's principal activity during the year under review was information consulting activity
Directors
The following persons served as directors during the year:
RYZHOV, Igor, Mr.
Statement of Director's responsibilities
Director's responsibilities for preparing the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under the law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standarts and applicable law). The financial statements are required by law to give a true and fair view of the state of the affairs of the company and of the profit or loss of the company for that year.
In preparing these financial statements the directors are required to:
select suitable accounting policies and apply them consistently;
make judgments and estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonble steps for the prevention and detection of fraud other irregularities.
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 was approved by the board on 14.05.2025 and signed on its behalf by:
RYZHOV Igor
Director
GLOBAL TECH ELECTRONICS LTD
Statement of comprehensive income
for the year ended 31.05.2024
2024
EUR
Turnover
Cost of sales -
Gross profit/(loss) -
Other operating income 0
Administrative expenses -
-
Profit on ordinary activities before taxation -
Tax on profit on ordinary activities
Profit for the financial year -
"Notes" constitutes the corresponding entries in Detaild Income Statement
GLOBAL TECH ELECTRONICS LTD
Registered number: 14877530
Statement of financial position
as at 31.05.2024
Notes
2024
EUR
Fixed assets 1,200
Investments 3 1200
Current assets -
Cash at bank and in hand -
-
Creditors: amounts falling due within one year 4 (1,085)
Net current assets (1,085)
Total assets less current liabilities 115
Net assets 115
Capital and reserves
Called up share capital 6 115
Profit and loss account
Shareholders' funds 115
a. For the year under review the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to the small companies regime.
b. The members have not required the company to obtain an audit of in accordance with section 476 of the Companies Act 2006.
c. The directors acknowledge their responsibilities under Companies Act 2006:
(1) Ensuring the company keeps accounting records which comply with Section 386; and
(2) Preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year, and of its profit or loss for the financial year, in accordance with the requirements of section 393, and which otherwise comply with the requirements of the Companies Act relating to accounts, so far as is applicable to the company.
d. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
Director RYZHOV Igor
Approved by the board on 14.05.2025
GLOBAL TECH ELECTRONICS LTD
Notes to the financial statements
for the year ended 31.05.2024
1 Accounting policies
Basis of preparation
The Financial Statements have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
2 Principal activities
The company's principal activity during the year under review was holding company.
3 Fixed assets 2024
EUR
The company holds 100 % of the share capital of the following companiy:
Agelide Mediterranean Company Ltd. Malta 1,200
1,200
4 Creditors: amounts falling due within one year 2024
EUR
Shareholders' current account (1,085)
(1,085)
5 Related party transactions 2024
The following transactions were carried out with related parties EUR
Amount due to shareholder (1,085)
The shareholder's current accounts are interest free and have no specified repayment date
6 Share capital Nominal 2024 2024
value Number EUR
Allotted, called up and fully paid:
Ordinary shares GBP 1.00 each 100 115
7 Profit and loss account 2024
EUR
Balance brought forward -
Profit for the year
Balance carried forward -
8 Average number of employees 0
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