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REGISTERED NUMBER: SC243025 (Scotland)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

Gecko Agency Limited

Gecko Agency Limited (Registered number: SC243025)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Gecko Agency Limited

Company Information
for the Year Ended 31 January 2023







DIRECTORS: Mhairi Bell
Michael Octigan





REGISTERED OFFICE: Orchard Brae House
30 Queensferry Road
Edinburgh
EH4 2HS





REGISTERED NUMBER: SC243025 (Scotland)





ACCOUNTANTS: One Accounting Ltd
Chartered Management Accountants
Drumsheugh Toll
2 Belford Road
Edinburgh
Midlothian
EH4 3BL

Gecko Agency Limited (Registered number: SC243025)

Statement of Financial Position
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,221 25,177

CURRENT ASSETS
Debtors 5 119,904 85,249
Prepayments and accrued income 1,242 -
Cash at bank and in hand 27,011 32,398
148,157 117,647
CREDITORS
Amounts falling due within one year 6 96,209 79,923
NET CURRENT ASSETS 51,948 37,724
TOTAL ASSETS LESS CURRENT
LIABILITIES

68,169

62,901

CREDITORS
Amounts falling due after more than one
year

7

(24,011

)

(34,005

)

PROVISIONS FOR LIABILITIES (3,082 ) (4,717 )
NET ASSETS 41,076 24,179

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 41,072 24,175
SHAREHOLDERS' FUNDS 41,076 24,179

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

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

The directors acknowledge their 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.

Gecko Agency Limited (Registered number: SC243025)

Statement of Financial Position - continued
31 January 2023


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 Board of Directors and authorised for issue on 3 October 2023 and were signed on its behalf by:




Mhairi Bell - Director



Michael Octigan - Director


Gecko Agency Limited (Registered number: SC243025)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Gecko Agency Limited is a private company, limited by shares , registered in Scotland. 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.
Improvements to property - 20% on cost
Plant and machinery - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 8 ) .

Gecko Agency Limited (Registered number: SC243025)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and
property machinery Totals
£    £    £   
COST
At 1 February 2022
and 31 January 2023 28,985 69,468 98,453
DEPRECIATION
At 1 February 2022 16,411 56,865 73,276
Charge for year 5,805 3,151 8,956
At 31 January 2023 22,216 60,016 82,232
NET BOOK VALUE
At 31 January 2023 6,769 9,452 16,221
At 31 January 2022 12,574 12,603 25,177

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors 104,856 62,318
Other Debtors 20 -
R&D Tax credit repayable 12,027 18,431
MatchPoint Holding Account 3,001 4,500
119,904 85,249

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans and overdrafts 3,903 -
Other loans 10,153 10,158
Trade creditors 21,789 27,938
PAYE and NIC creditor 4,431 3,295
Tax 13,804 9,513
VAT 33,551 21,696
Other creditors 1,148 903
Barclaycard Credit Card 3,923 3,624
Accruals and deferred income 3,508 2,796
Accrued expenses (1 ) -
96,209 79,923

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.23 31.1.22
£    £   
Other loans - 1-2 years 24,011 34,005

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £55,844 (2022 - £55,340) were paid to the directors.