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G5 INNOVATION NETWORKS UK LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
G5 Innovation Networks UK Ltd is a private company limited by shares incorporated in England and Wales. The address of it's registered office is Scale Space, 58 Wood Lane, London, England, W12 7RZ.
The company was dormant (within the meaning of section 480 of the Companies Act 2006) throughout the
year ended 30 June 2024. The company has not traded during the year. During the year, the company
received no income and incurred no expenditure and therefore made neither profit or loss.
The financial statements are presented in sterling(£), which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
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Called up share capital not paid
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Allotted, called up and fully paid
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10,000 (2023 -10,000) Ordinary shares of £1.00 each
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Related party transactions
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The company has taken advantage of the exemption contained in FRS102 section 33 “ Related Party Disclosures” from disclosing transactions with entities which are a wholly owned part of the group.
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The parent undertaking is High Innovation Holding Limited, a company registered in British Virgin Islands. The address of its registered office is Wickhams Cay II, Road Town, Tortola, VG 1110, British Virgin Islands.
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