REGISTERED NUMBER: 12509397 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2024 TO 31 DECEMBER 2024

FOR

GRAVITAS WORLDWIDE HOLDINGS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D B Parish

Mr D Jeal

Mr C Darbin

REGISTERED OFFICE:

13a Bentalls Business Park

Basildon

Essex

SS14 3BN

REGISTERED NUMBER:

12509397 (England and Wales)

FIXED ASSETS

Investments

4

200

4,668

CURRENT ASSETS

Debtors

5

300,000

300,000

CREDITORS

Amounts falling due within one year

6

(1,526

)

(1,506

)

NET CURRENT ASSETS

298,474

298,494

TOTAL ASSETS LESS CURRENT LIABILITIES

298,674

303,162

CAPITAL AND RESERVES

Called up share capital

194

194

Share premium

299,900

299,900

Capital redemption reserve

6

6

Retained earnings

(1,426

)

3,062

SHAREHOLDERS' FUNDS

298,674

303,162

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 22 September 2025 and were signed on its behalf by:

Mr J Cramer - Director

Mr D B Parish - Director

1.	STATUTORY INFORMATION

Gravitas Worldwide Holdings Ltd 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 as modified by the revaluation of certain assets.

The financial statements are presented in sterling (£) which is also the functional currency for the company and rounded to the nearest £.

Preparation of consolidated financial statements

The financial statements contain information about Gravitas Worldwide Holdings Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in associates

Investments in associate undertakings are recognised at cost.

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2024 - 4 ) .

4.	FIXED ASSET INVESTMENTS

Interest

in

Other

associate

investments

Totals

£

£

£

COST OR VALUATION

At 1 April 2024

4,488

180

4,668

Additions

-

20

20

Revaluations

(4,488

)

-

(4,488

)

At 31 December 2024

-

200

200

NET BOOK VALUE

At 31 December 2024

-

200

200

At 31 March 2024

4,488

180

4,668

Cost or valuation at 31 December 2024 is represented by:

Other

investments

£

Cost

200

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2024

£

£

Amounts owed by group undertakings

300,000

300,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2024

£

£

Amounts owed to group undertakings

100

80

Other creditors

1,426

1,426

1,526

1,506

7.	RELATED PARTY DISCLOSURES

The company has taken advantage of the exemption available under the terms of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" not to disclose transactions entered into between two or more members of a group on the basis that any subsidiary undertakings which is party to the transaction is a wholly owned subsidiary undertaking within the group.

8.	COMPANY PURCHASE OF OWN SHARES

In September 2023, the company purchased two issued Ordinary shares of £1 each for a total market value consideration of £30,000.The shares were subsequently cancelled on purchase.