Registered number
05901512
GGEC (EUROPE) LIMITED
Filleted Accounts
31 December 2025

GGEC (EUROPE) LIMITED
Registered number: | 05901512
Balance Sheet
as at 31 December 2025
Notes |  |  | 2025 |  |  | 2024
£ | £
Fixed assets
Investments | 3 |  |  | 431,250 |  |  | 431,250
|  |  |  | 431,250 |  |  | 431,250
Current assets
Cash at bank and in hand |  |  | 14,898 |  |  | 16,479
|  |  | 14,898 |  |  | 16,479
Creditors: amounts falling due within one year | 4 |  | 45 |  |  | 54
Net current assets |  |  |  | 14,943 |  |  | 16,533
Total assets less current liabilities |  |  |  | 446,193 |  |  | 447,783
Creditors: amounts falling due after more than one year | 5 |  |  | (567,958) |  |  | (584,352)
Net liabilities |  |  |  | (121,765) |  |  | (136,569)
Capital and reserves
Called up share capital |  |  |  | 734,635 |  |  | 734,635
Profit and loss account |  |  |  | (856,400) |  |  | (871,204)
Shareholder's funds |  |  |  | (121,765) |  |  | (136,569)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Yu Zhang
Director
Approved by the board on 25 May 2026

GGEC (EUROPE) LIMITED
Notes to the Accounts
for the year ended 31 December 2025
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
| Turnover
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
| Investments
| Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| Taxation
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
| Foreign currency translation
| Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
| Pensions
| Contributions to defined contribution plans are expensed in the period to which they relate.
2 | Employees | 2025 |  | 2024
Number | Number
| Average number of persons employed by the company | 0 |  | 0
3 | Investments
Investments in
subsidiary | Other
undertakings | investments | Total
£ | £ | £
| Cost
| At 1 January 2025 | - |  | 431,250 |  | 431,250
| Additions | - |  | - |  | -
| Revaluation | - |  | - |  | -
| Disposals | - |  | - |  | -
| At 31 December 2025 | - |  | 431,250 |  | 431,250
4 | Creditors: amounts falling due within one year | 2025 |  | 2024
£ | £
| Taxation and social security costs | (45) |  | (54)
|  |  |  |  |  | (45) |  | (54)
5 | Creditors: amounts falling due after one year | 2025 |  | 2024
£ | £
| Trade creditors | 567,958 |  | 584,352
|  |  |  |  |  | 567,958 |  | 584,352
6 | Controlling party
| The company is controlled by Guoguang Electric Company Ltd (100%).

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