Gozeto Limited iXBRL

Company Registration Number: 12475092

Gozeto Limited

Abridged Unaudited Financial Statements

for the financial year ended 31 December 2024

Gozeto Limited

DIRECTORS AND OTHER INFORMATION


Directors	Brian O'Flynn
	John Glennane
	Michael Hawkes
	Donal McKeagney


Company Secretary	John Glennane


Company Registration Number	12475092


Registered Office	M-SParc, Parc Gwyddoniaeth Menai
	Gaerwen
	Wales
	LL60 6AG


Business Address	M-SParc, Parc Gwyddoniaeth Menai
	Gaerwen
	Wales
	LL60 6AG


Accountants	TGS Ireland GBW
	Chartered Certified Accountants
	Westmoreland House
	Westmoreland Park
	Ranelagh
	Dublin 6


Bankers	Barclays Bank PLC
	Leicester
	Leicestershire
	LE87, 2BB
	United Kingdom

Gozeto Limited

DIRECTORS' REPORT

for the financial year ended 31 December 2024

The directors present their report and the unaudited financial statements for the financial year ended 31 December 2024.

Principal Activity

The principal activity of the company consists of connecting the commercial and corporate world to enable sponsorship deals as well as to connect to consumers.

Results and Dividends

The loss for the financial year after providing for depreciation amounted to £(4,412) (2023 - £(82,906)).

Directors

The directors who served during the financial year are as follows:

Brian O'Flynn

John Glennane

Michael Hawkes

Donal McKeagney

There were no changes in shareholdings between 31 December 2024 and the date of signing the financial statements.

Political Contributions

The company did not make any disclosable political donations in the current financial year.

Employment Policies

Employees are kept as fully informed as practicable about developments within the business. It is the policy of the company to offer opportunities to all employees having regard to their aptitudes and abilities in relation to jobs available.

Special provisions relating to small companies

The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

On behalf of the board

Donal McKeagney

John Glennane

Director

16 September 2025

Gozeto Limited

STATEMENT OF DIRECTORS' RESPONSIBILITIES AND DECLARATION ON UNAUDITED FINANCIAL STATEMENTS

for the financial year ended 31 December 2024

The directors made the following statement in respect of the unaudited financial statements:

"General responsibilities

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

select suitable accounting policies and apply them consistently;

make judgements and accounting 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 directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Directors' declaration on unaudited financial statements

In relation to the financial statements which comprise the Abridged Income Statement, the Abridged Statement of Financial Position, the Statement of Changes in Equity and the related notes:

The directors approve these financial statements and confirm that they are responsible for them, including selecting the appropriate accounting policies, applying them consistently and making, on a reasonable and prudent basis, the judgements underlying them. They have been prepared on the going concern basis on the grounds that the company will continue in business.

The directors confirm that they have made available to TGS Ireland GBW, (Chartered Certified Accountants), all the company's accounting records and provided all the information, books and documents necessary for the compilation of the financial statements.

The directors confirm that to the best of their knowledge and belief, the accounting records reflect all the transactions of the company for the financial year ended 31 December 2024."

On behalf of the board

Donal McKeagney

John Glennane

Director

16 September 2025

Gozeto Limited

ABRIDGED INCOME STATEMENT

for the financial year ended 31 December 2024

	2024	2023
Notes	£	£

Gross loss	(498)	(19,482)

Administrative expenses	(3,914)	(63,424)
	─────────	─────────
Loss before taxation	(4,412)	(82,906)

Tax on loss	-	-
	─────────	─────────
Loss for the financial year	(4,412)	(82,906)
	─────────	─────────
Total comprehensive income	(4,412)	(82,906)
	═════════	═════════

Gozeto Limited

Company Registration Number: 12475092

ABRIDGED STATEMENT OF FINANCIAL POSITION

as at 31 December 2024

		2024	2023
	Notes	£	£

Non-Current Assets

Property, plant and equipment

2,033

3,854

─────────

Current Assets

Debtors

685

685

Cash and cash equivalents

11,171

11,210

─────────

11,856

11,895

─────────

Creditors: amounts falling due within one year

(176,749)

(174,197)

─────────

Net Current Liabilities

(164,893)

(162,302)

─────────

Total Assets less Current Liabilities

(162,860)

(158,448)

Provisions for liabilities

14,766

14,766

─────────

Net Liabilities

(148,094)

(143,682)

═════════

Capital and Reserves

Called up share capital

Retained earnings

(148,095)

(143,683)

─────────

Equity attributable to owners of the company

(148,094)

(143,682)

═════════

The financial statements have been prepared 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).

All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements 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 and loss for the 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.

Approved by the Board and authorised for issue on 16 September 2025 and signed on its behalf by




Donal McKeagney			John Glennane
Director			Director

Gozeto Limited

STATEMENT OF CHANGES IN EQUITY

as at 31 December 2024

	Called up	Retained	Total
	share	earnings
	capital
	£	£	£

At 1 January 2023	1	(60,777)	(60,776)
	─────────	─────────	─────────
Loss for the financial year	-	(82,906)	(82,906)
	─────────	─────────	─────────
At 31 December 2023	1	(143,683)	(143,682)
	─────────	─────────	─────────
Loss for the financial year	-	(4,412)	(4,412)
	─────────	─────────	─────────
At 31 December 2024	1	(148,095)	(148,094)
	═════════	═════════	═════════

Gozeto Limited

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

for the financial year ended 31 December 2024

General Information

Gozeto Limited is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 12475092. The registered office of the company is M-SParc, Parc Gwyddoniaeth Menai, Gaerwen, Wales, LL60 6AG. The nature of the company's operations and its principal activities are set out in the Directors' Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 December 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Property, plant and equipment and depreciation

Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:

Fixtures, fittings and equipment

12.50% Straight line

Computer Equipment

25% Straight line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the Abridged Statement of Financial Position bank overdrafts are shown within Creditors.

Provisions

Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Employees

The average monthly number of employees, including directors, during the financial year was 4, (2023 - 3).

2024

2023

Number

Number

Directors

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4.	Property, plant and equipment
		Fixtures,	Computer	Total
		fittings and	Equipment
		equipment
		£	£	£
	Cost
	At 1 January 2024	2,308	3,616	5,924
		─────────	─────────	─────────

	At 31 December 2024	2,308	3,616	5,924
		─────────	─────────	─────────
	Depreciation
	At 1 January 2024	782	1,288	2,070
	Charge for the financial year	769	1,052	1,821
		─────────	─────────	─────────
	At 31 December 2024	1,551	2,340	3,891
		─────────	─────────	─────────
	Net book value
	At 31 December 2024	757	1,276	2,033
		═════════	═════════	═════════
	At 31 December 2023	1,526	2,328	3,854
		═════════	═════════	═════════

Capital commitments

The company had no material capital commitments at the financial year-ended 31 December 2024.

Events After the End of the Reporting Period

There have been no significant events affecting the company since the financial year-end.