GCT Group Ltd - Accounts

GCT Group Ltd
Contents Page
For the year ended 31 March 2025

Statement of financial position	1
Notes to the financial statements	2

Registered Number: 13573642 GCT Group Ltd
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Current assets
Stocks		94,379	44,565
Debtors		(378,716)	18,584
Cash at bank and in hand		229,344	284,164
		(54,993)	347,313
Creditors: amount falling due within one year		(42,435)	(3,700)
Net current assets		(97,428)	343,613

Total assets less current liabilities		(97,428)	343,613
Creditors: amount falling due after more than one year		-	(387,417)
Net liabilities		(97,428)	(43,804)

Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(97,528)	(43,904)
Shareholders' funds		(97,428)	(43,804)

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

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

The financial statements were approved by the board of directors on 03 December 2025 and were signed on its behalf by:

-------------------------------
Alexander Padhaiski
Director

1

GCT Group Ltd
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

GCT Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 13573642, registration address Unit 65 Legacy Building, 1 Viaduct Gardens, London, SW11 7AY.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during this uncertain period.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 2).

3.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
100 Class A shares of £1.00 each	100		100
	100		100

4.

Related parties

During the year the company entered into the following transactions with related parties:

	Transaction value - income/(expenses)				Balance owed by/(owed to)
	2025 £		2024 £		2025 £		2024 £
Gewinnan Limited	-		-		-		-

During the period, sales of £nil (2024: £Nil) was generated from Gewinnan Limited, a 100% shareholder of the company and has common directors. During the year, payments totalling £Nil (2024: £144,939) were made to Sunnatjon Ikramov, who was a director of the company.

2

Registered Number: 13573642
England and Wales
GCT GROUP LTD

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025