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REGISTERED NUMBER: 05795252 (England and Wales)















Financial Statements for the Year Ended 31 December 2023

for

Gecko Technology Partners Limited

Gecko Technology Partners Limited (Registered number: 05795252)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Gecko Technology Partners Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Mr A Nilsson





REGISTERED OFFICE: 238 Station Road
Addlestone
Surrey
KT15 2PS





REGISTERED NUMBER: 05795252 (England and Wales)





ACCOUNTANTS: CSL Partnership Limited
Chartered Certified Accountants
238 Station Road
Addlestone
Surrey
KT15 2PS

Gecko Technology Partners Limited (Registered number: 05795252)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 7,371 5,672
Investments 5 8,353 8,353
15,724 14,025

CURRENT ASSETS
Inventories 602,777 567,204
Debtors 6 697,504 898,994
Cash at bank 402,644 191,552
1,702,925 1,657,750
CREDITORS
Amounts falling due within one year 7 (803,300 ) (884,830 )
NET CURRENT ASSETS 899,625 772,920
TOTAL ASSETS LESS CURRENT LIABILITIES 915,349 786,945

PROVISIONS FOR LIABILITIES (1,843 ) (1,418 )
NET ASSETS 913,506 785,527

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 913,406 785,427
SHAREHOLDERS' FUNDS 913,506 785,527

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

Gecko Technology Partners Limited (Registered number: 05795252)

Balance Sheet - continued
31 December 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 director and authorised for issue on 1 August 2024 and were signed by:





Mr A Nilsson - Director


Gecko Technology Partners Limited (Registered number: 05795252)

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


1. STATUTORY INFORMATION

Gecko Technology Partners Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Revenue
Revenue is measured at fair value and represents revenues receivable under contracts net of value added tax. Where contractual obligations have been partially performed at the balance sheet date, revenue is recognised to the extent that the company has obtained the right to consideration through its performance.

Tangible fixed assets
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over their estimated useful lives as follows:


Computer equipment - 25% on reducing balance

On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in the income statement.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Inventories
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


Gecko Technology Partners Limited (Registered number: 05795252)

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


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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 7 (2022 - 7 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 1 January 2023 14,106
Additions 5,156
At 31 December 2023 19,262
DEPRECIATION
At 1 January 2023 8,434
Charge for year 3,457
At 31 December 2023 11,891
NET BOOK VALUE
At 31 December 2023 7,371
At 31 December 2022 5,672

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2023
and 31 December 2023 8,353
NET BOOK VALUE
At 31 December 2023 8,353
At 31 December 2022 8,353

Gecko Technology Partners Limited (Registered number: 05795252)

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


5. FIXED ASSET INVESTMENTS - continued

Fixed asset investments as at 31 December 2023 & 31 December 2022 comprises of two investments.

100% of the shares in Gecko Inc, a company incorporated in the USA.

100% of the shares in Gecko Technology AB, a company incorporated in Sweden.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 266,578 355,164
Amounts owed by group undertakings 120,000 120,000
Other debtors 310,926 423,830
697,504 898,994

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 71,599 284,822
Tax 40,490 30,798
Social security and other taxes 4,246 4,131
VAT 22,830 18,454
Other creditors 658,159 540,653
Directors' current accounts 742 742
Accrued expenses 5,234 5,230
803,300 884,830

8. RELATED PARTY DISCLOSURES

At the year end the company owed Mr A Nilsson £742 (2022: £742) in respect of his directors' loan account. The loan is interest free and repayable on demand.

9. ULTIMATE PARENT

The company is a wholly owned subsidiary of Gecko Technology Partners (Holdings) Ltd, a company incorporated in Gibraltar.


At 31 December 2023 the company owed Gecko Technology Partners (Holdings) Ltd £350,000 (2022: £250,000). This loan is provided interest free and is repayable on demand.