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GEMINI IT (UK) LTD - Company Information

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GEMINI IT (UK) LIMITED

Registered Number:07647595

For the year ended 31 May 2023

England and Wales

Unaudited Financial Statements

For the year ended 31 May 2023

GEMINI IT (UK) LIMITED

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

Registered Number :

07647595

As at 31 May 2023

GEMINI IT (UK) LIMITED

Statement of Financial Position

2022

2023

Notes

Fixed assets

Property, plant and equipment

3,104

3,878

3,104

3,878

Current assets

Trade and other receivables

4,876

45,346

6,329

Cash and cash equivalents

9,293

54,639

11,205

Trade and other payables: amounts falling due within one

year

(1,100)

(9,187)

10,105

45,452

Net current assets

Total assets less current liabilities

48,556

13,983

48,556

Net assets

13,983

Capital and reserves

Called up share capital

100

Retained earnings

48,456

13,883

48,556

13,983

Shareholders' funds

For the year ended 31 May 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006

The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

MR D LABRAM Director

These financial statements were approved and authorised for issue by the Board on 29 November 2023 and were signed by:

The notes form part of these financial statements

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For the year ended 31 May 2023

GEMINI IT (UK) LIMITED

Notes to the Financial Statements

Statutory Information

GEMINI IT (UK) LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration

number 07647595.

Registered address:

2 HUNTERS BUILDINGS

BOWESFIELD LANE

STOCKTON

TS18 3QZ

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

Property, plant and equipment

Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Tools and equipment

20% Reducing balance

Motor Vehicles

2. Property, plant and equipment

Total

Motor

Vehicles

Tools and

equipment

Cost or

valuation

At 01 June 2022

23,153

12,659

10,494

At 31 May 2023

10,494

12,659

23,153

Provision for depreciation and impairment

At 01 June 2022

19,275

10,399

8,876

Charge for year

774

451

323

At 31 May 2023

20,049

10,850

9,199

At 31 May 2023

Net book value

1,295

1,809

3,104

At 31 May 2022

1,618

2,260

3,878

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For the year ended 31 May 2023

GEMINI IT (UK) LIMITED

Notes to the Financial Statements Continued

3. Trade and other receivables

2022

2023

Trade debtors

40,000

Other debtors

5,346

4,876

45,346

4. Trade and other payables: amounts falling due within one year

2022

2023

Trade creditors

336

600

Taxation and social security

8,551

Accruals and deferred income

300

500

9,187

1,100

5. Average number of persons employed

During the year the average number of employees was 0

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