REGISTERED NUMBER: 04524350 (England and Wales)

GTEK (HOLDINGS) LIMITED

Unaudited Financial Statements for the Year Ended 31 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr S Keith

SECRETARY:

Mr S Keith

REGISTERED OFFICE:

The Counting House

61 Charlotte Street

Birmingham

West Midlands

B3 1PX

REGISTERED NUMBER:

04524350 (England and Wales)

ACCOUNTANTS:

BK Plus Limited

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

BANKERS:

HSBC UK Bank Plc

5-6 High St

Harry Weston Road

Coventry

CV1 5RE

FIXED ASSETS

Tangible assets

4

652,134

554,943

CURRENT ASSETS

Debtors

5

618,764

490,395

Cash at bank and in hand

2,558,828

2,647,460

3,177,592

3,137,855

CREDITORS

Amounts falling due within one year

6

217,939

116,501

NET CURRENT ASSETS

2,959,653

3,021,354

TOTAL ASSETS LESS CURRENT LIABILITIES

3,611,787

3,576,297

PROVISIONS FOR LIABILITIES

107,879

99,879

NET ASSETS

3,503,908

3,476,418

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

3,503,808

3,476,318

SHAREHOLDERS' FUNDS

3,503,908

3,476,418

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 director and authorised for issue on 14 August 2026 and were signed by:

Mr S Keith - Director

1.	STATUTORY INFORMATION

Gtek (Holdings) 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Financial instruments

The company only enters into basis financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans from related parties.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Provisions

Provisions are recognised when the company has a legal or constructive obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle the obligation and the amount of the obligation can be reliably estimated.

Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 January 2025

1,514,308

283,867

1,798,175

Additions

136,000

126,610

262,610

Disposals

-

(52,146

)

(52,146

)

At 31 December 2025

1,650,308

358,331

2,008,639

DEPRECIATION

At 1 January 2025

1,147,563

95,669

1,243,232

Charge for year

91,686

47,915

139,601

Eliminated on disposal

-

(26,328

)

(26,328

)

At 31 December 2025

1,239,249

117,256

1,356,505

NET BOOK VALUE

At 31 December 2025

411,059

241,075

652,134

At 31 December 2024

366,745

188,198

554,943

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by participating interests

392,868

282,281

Other debtors

36,840

36,840

Directors' current accounts

189,056

171,274

618,764

490,395

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

169,095

5,895

Social security and other taxes

29,359

91,120

Other creditors

5,986

5,986

Accrued expenses

13,499

13,500

217,939

116,501

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

Mr S Keith

Balance outstanding at start of year

171,274

198,279

Amounts advanced

124,791

68,896

Amounts repaid

(107,009

)

(95,901

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

189,056

171,274

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr S Keith.