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REGISTERED NUMBER: 06292426 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Gemelli Solutions Ltd.

Gemelli Solutions Ltd. (Registered number: 06292426)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Gemelli Solutions Ltd.

Company Information
for the Year Ended 31 July 2023







DIRECTORS: Mr Philip Joseph Start
Mrs Heather C Start





REGISTERED OFFICE: Gemelli House
The Farm House, Old Park Farm
North Lane
Brailsford
Ashbourne
DE6 3BE





REGISTERED NUMBER: 06292426 (England and Wales)





ACCOUNTANTS: Inca Accountants Ltd
Chartered Certified Accountants
Central Office
Cobweb Buildings
The Lane, Lyford
Nr Wantage
Oxfordshire
OX12 0EE

Gemelli Solutions Ltd. (Registered number: 06292426)

Balance Sheet
31 July 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 13,869 11,898
Tangible assets 5 2,828 3,654
16,697 15,552

CURRENT ASSETS
Debtors 6 14,248 93,488
Cash at bank 817,090 928,604
831,338 1,022,092
CREDITORS: AMOUNTS FALLING
DUE WITHIN ONE YEAR

7

(821,679

)

(986,127

)
NET CURRENT ASSETS 9,659 35,965
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,356

51,517

PROVISIONS FOR LIABILITIES - (7,331 )
NET ASSETS 26,356 44,186

CAPITAL AND RESERVES
Called up share capital 10 10
Revaluation reserve 8 - 31,136
Retained earnings 26,346 13,040
26,356 44,186

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

Gemelli Solutions Ltd. (Registered number: 06292426)

Balance Sheet - continued
31 July 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.

Approved and authorised by the Board of Directors and authorised for issue on 30 September 2023 and were signed on its behalf by:





Mrs Heather C Start - Director


Gemelli Solutions Ltd. (Registered number: 06292426)

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

1. STATUTORY INFORMATION

Gemelli Solutions Ltd. 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

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

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 balance sheet date.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

Gemelli Solutions Ltd. (Registered number: 06292426)

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

4. INTANGIBLE FIXED ASSETS
Development
costs
£   
COST
At 1 August 2022 15,864
Additions 7,916
At 31 July 2023 23,780
AMORTISATION
At 1 August 2022 3,966
Amortisation for year 5,945
At 31 July 2023 9,911
NET BOOK VALUE
At 31 July 2023 13,869
At 31 July 2022 11,898

5. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 August 2022 32,824
Additions 1,183
At 31 July 2023 34,007
DEPRECIATION
At 1 August 2022 29,170
Charge for year 2,009
At 31 July 2023 31,179
NET BOOK VALUE
At 31 July 2023 2,828
At 31 July 2022 3,654

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 14,248 93,488

Gemelli Solutions Ltd. (Registered number: 06292426)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 402 12,137
Taxation and social security 7,575 10,932
Other creditors 813,702 963,058
821,679 986,127

8. RESERVES
Revaluation
reserve
£   
At 1 August 2022 31,136
Movement in investments (31,136 )

At 31 July 2023 -