Gantek Holding (U.K.) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05480762 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

Gantek Holding (U.K.) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Andrew Knibb

REGISTERED OFFICE:

27 Old Gloucester Street

London

United Kingdom

WC1N 3AX

REGISTERED NUMBER:

05480762 (England and Wales)

ACCOUNTANTS:

Bath Accountancy Services

40 Shakespeare Avenue

Bath

BA2 4RF

FIXED ASSETS

Investments

2

191,240

CURRENT ASSETS

Debtors

183

Cash at bank

22,829

15,237

23,012

15,420

CREDITORS

Amounts falling due within one year

94,767

67,848

NET CURRENT LIABILITIES

(71,755

)

(52,428

)

TOTAL ASSETS LESS CURRENT LIABILITIES

119,485

138,812

CAPITAL AND RESERVES

Called up share capital

3

183

Profit and loss account

119,302

138,629

SHAREHOLDERS' FUNDS

119,485

138,812

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 30 September 2016 and were signed by:

Andrew Knibb - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Foreign currencies

Assets and liabilities in foreign currencies are translated into dollars at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange

ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating

result.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

$

COST

At 1 January 2015

and 31 December 2015

137,165

NET BOOK VALUE

At 31 December 2015

137,165

At 31 December 2014

137,165

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Kaztech Solutions Limited - Limited Liability Partnership

Country of incorporation: Kazakhstan

Nature of business: Information Technology

%

Class of shares:

holding

Ordinary

100.00

31.12.15

31.12.14

$

Aggregate capital and reserves

8

22,014

Profit for the year

16,218

51,869

Gantek Azerbaijan Ltd

Country of incorporation: Azerbaijan

Nature of business: Information Technology

%

Class of shares:

holding

Ordinary

100.00

31.12.15

31.12.14

$

Aggregate capital and reserves

128,000

104,271

(Loss)/profit for the year

(38,031

)

60,202

Gantek Arabia Company Limited is in the process of being dissolved.

Loans

$

At 1 January 2015

and 31 December 2015

54,075

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

$

100

Ordinary

£1

183