REGISTERED NUMBER: 10400177 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

GAIA Converter UK Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mons H D Huillet

GAIA Converter Group

REGISTERED OFFICE:

Second Floor

Kennel Club House

Gatehouse Way

Aylesbury

Buckinghamshire

HP19 8DB

REGISTERED NUMBER:

10400177 (England and Wales)

AUDITORS:

DUX Advisory Limited

Chartered Accountants and

Statutory Auditors

Kennel Club House

Gatehouse Way

Aylesbury

Buckinghamshire

HP19 8DB

FIXED ASSETS

Tangible assets

4

-

203

CURRENT ASSETS

Debtors

5

102,865

76,285

Cash at bank

255,526

247,811

358,391

324,096

CREDITORS

Amounts falling due within one year

6

25,446

37,154

NET CURRENT ASSETS

332,945

286,942

TOTAL ASSETS LESS CURRENT LIABILITIES

332,945

287,145

PROVISIONS FOR LIABILITIES

-

48

NET ASSETS

332,945

287,097

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

332,845

286,997

SHAREHOLDERS' FUNDS

332,945

287,097

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 29 September 2025 and were signed on its behalf by:

Mons H D Huillet - Director

1.	STATUTORY INFORMATION

GAIA Converter UK Limited 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.

The financial statements have been prepared on a going concern basis, the directors have assessed the impact of the changing climate and see no reason for the approach to be impacted.

The presentational currency is £ sterling. The amounts in the financial statements are rounded to the nearest pound.

Significant judgements and estimates

In the application of accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Turnover

Turnover is measured at the fair value of the commission consideration received or receivable, excluding Value Added Tax.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Where parts of an item of tangible fixed assets have different useful lives, they are accounted for as separate items of tangible fixed assets.

Depreciation is provided at the following annual rates in order to write off each assets over its useful estimated life, on a straight-line basis or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and Machinery

25% on cost

Taxation

Taxation for the year comprises current 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 tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or substantively enacted by the balance sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Cash at bank

Cash at bank includes cash in hand, deposits held at call with banks, other short term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

813

DEPRECIATION

At 1 January 2024

610

Charge for year

203

At 31 December 2024

813

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

203

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Amounts owed by associates

82,529

74,600

Other debtors

20,336

1,685

102,865

76,285

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

204

267

Taxation and social security

14,035

30,449

Other creditors

11,207

6,438

25,446

37,154

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

£1

100

100

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Bianca Permal FCA (Senior Statutory Auditor)

for and on behalf of DUX Advisory Limited

9.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is GAIA Converter Group SAS.

The company is registered in France and their address is 18 Rue Caroline Aigle, BP 26, 33186 Le Haillan, Cedex, France.

The ultimate controlling party is Mons and Mme H D Huillet.