Global Telecommunication Investment UK Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3

Registered number: 14455043

		31 December 2024		30 November 2023
	Notes	$	$	$	$
FIXED ASSETS
Investments	4		10,000,000		10,000,000

			10,000,000		10,000,000
CURRENT ASSETS
Debtors	5	17,605,837		9,749,238
Cash at bank and in hand		399,359		6,404,053

		18,005,196		16,153,291
Creditors: Amounts Falling Due Within One Year	6	(4,975,085 )		(1,829,934 )

NET CURRENT ASSETS (LIABILITIES)			13,030,111		14,323,357

TOTAL ASSETS LESS CURRENT LIABILITIES			23,030,111		24,323,357

NET ASSETS			23,030,111		24,323,357

CAPITAL AND RESERVES
Called up share capital	7		27,015,001		27,015,001
Share premium account			1,485,000		1,485,000
Profit and Loss Account			(5,469,890 )		(4,176,644 )

SHAREHOLDERS' FUNDS			23,030,111		24,323,357

Page 1

Page 2

Global Telecommunication Investment UK Limited

Balance Sheet (continued)

As At 31 December 2024

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

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

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Luis Del Cid Garcia

Director

29/09/2025

The notes on page 3 form part of these financial statements.

1. General Information

Global Telecommunication Investment UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14455043 . The registered office is 27 Old Gloucester Street, London, WC1N 3AX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. Average Number of Employees

Average number of employees, including directors, during the was: NIL (2023: NIL)

4. Investments

	Other
	$
Cost
As at 1 December 2023	10,000,000

As at 31 December 2024	10,000,000

Provision
As at 1 December 2023	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	10,000,000

As at 1 December 2023	10,000,000

5. Debtors

	31 December 2024	30 November 2023
	$	$
Due within one year
Amounts owed by participating interests	15,749,238	9,749,238
Other debtors	1,856,599	-

	17,605,837	9,749,238

6. Creditors: Amounts Falling Due Within One Year

	31 December 2024	30 November 2023
	$	$
Other creditors	4,975,085	1,829,934

7. Share Capital

	31 December 2024	30 November 2023
	$	$
Allotted, Called up and fully paid	27,015,001	27,015,001