Gevecto Limited - Accounts

Registered number

06970307

Gevecto Limited

Report and Accounts

31 December 2014

Gevecto Limited
Registered number:		06970307
Directors' Report

The directors present their report and accounts for the year ended 31 December 2014.

Principal activities
The company's principal activity during the year continued to be the provision of administrative servces.

Directors
The following persons served as directors during the year:

	Panfry Limited
	Benjamin Bateson (Appointed 01/08/2014)

Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 17 June 2015 and signed on its behalf.





Benjamin Bateson
Director

Gevecto Limited
Profit and Loss Account
for the year ended 31 December 2014


Notes		2014		2013
€			€

Turnover		53,948		41,995

Administrative expenses		(6,257)		(5,796)

Operating profit		47,691		36,199

Interest receivable and similar income	2	-		3
Interest payable and similar charges	3	(5)		-

Profit on ordinary activities before taxation		47,686		36,202

Tax on profit on ordinary activities	4	(10,249)		(9,407)

Profit for the financial year		37,437		26,795

Gevecto Limited
Balance Sheet
as at 31 December 2014

Notes			2014			2013
€				€
Current assets
Cash at bank and in hand		140,443			100,991

Creditors: amounts falling due within one year	5	(11,635)			(9,620)

Net current assets			128,808			91,371

Net assets			128,808			91,371

Capital and reserves
Called up share capital	6		2			2
Profit and loss account	7		128,806			91,369

Shareholders' funds			128,808			91,371

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 members have 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 in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.




Benjamin Bateson
Director
Approved by the board on 17 June 2015

Gevecto Limited
Notes to the Accounts
for the year ended 31 December 2014

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.


2	Interest receivable and similar income					2014		2013
€							€

	Gain on foreign exchange					-		3



3	Interest payable and similar charges					2014		2013
€							€

	Loss on foreign exchange					5		-


4	Taxation					2014		2013
€							€

	UK corporation tax					10,249		9,407


5	Creditors: amounts falling due within one year					2014		2013
€							€

	Corporation tax					10,249		8,417
	Other creditors					1,386		1,203
						11,635		9,620


6	Share capital	Nominal		2014		2014		2013
value			Number		€		€
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		2		2		2


7	Profit and loss account					2014
€

	At 1 January 2014					91,369
	Profit for the year					37,437

	At 31 December 2014					128,806


8	Related party transactions

	The total related business in which the company was involved amounted to €3,568,890 (2013: €2,978,322).



9	Ultimate controlling party

	The directors are aware of the identity of the ultimate controlling party. However, they are under a duty of confidentiality that prevents them from discolsing certain information otherwise required by Financial Reporting Standard 8. Therefore they have taken the exemption offered by the Standard in respect of confidentiality.