GIL HOLDINGS LTD

Company Registration Number:
11821543 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

GIL HOLDINGS LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

GIL HOLDINGS LTD

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Investments: 3 9,498 8,915
Total fixed assets: 9,498 8,915
Current assets
Debtors:   477,586 355,221
Cash at bank and in hand: 526,453 185,097
Total current assets: 1,004,039 540,318
Creditors: amounts falling due within one year:   (210,574) 0
Net current assets (liabilities): 793,465 540,318
Total assets less current liabilities: 802,963 549,233
Total net assets (liabilities): 802,963 549,233
Capital and reserves
Called up share capital: 1 1
Revaluation reserve:40(863)
Profit and loss account: 802,962 550,095
Shareholders funds: 802,963 549,233

The notes form part of these financial statements

GIL HOLDINGS LTD

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 September 2025
and signed on behalf of the board by:

Name: Robert Smith
Status: Director

The notes form part of these financial statements

GIL HOLDINGS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Other accounting policies

Fixed asset investments accounting policy Investments in subsidiary undertakings are stated at cost less provision for impairment.

GIL HOLDINGS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

GIL HOLDINGS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Fixed investments

Generate International Ltd, Country of incorporation - England & Wales, Proportion of shares held - 100%, Class of shares - Ordinary shares; GIL (Netherlands) Ltd, Country of incorporation - England & Wales, Proportion of shares held - 100%, Class of shares - Ordinary shares; GIL (Finland) Ltd, Country of incorporation - England & Wales, Proportion of shares held - 100%, Class of shares - Ordinary shares; GIL Technical Solutions Ltd, Country of incorporation - England & Wales, Proportion of shares held - 100%, Class of shares - Ordinary shares; Generate International Sweden AB, Country of incorporation - Sweden, Proportion of shares held - 100%, Class of shares - Ordinary shares; Generate International Norway AS, Country of incorporation - Norway, Proportion of shares held - 100%, Class of shares - Ordinary shares; Generate International Denmark ApS, Country of incorporation - Denmark, Proportion of shares held - 100%, Class of shares - Ordinary shares

GIL HOLDINGS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Revaluation reserve

2024
£
Balance at 01 January 2024 (863)
Surplus or deficit after revaluation 863
Balance at 31 December 2024 0