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REGISTERED NUMBER: SC243025 (Scotland)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Gecko Agency Limited

Gecko Agency Limited (Registered number: SC243025)






Contents of the Financial Statements
for the Year Ended 31 January 2024




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 2024







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 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,834 16,221

CURRENT ASSETS
Debtors 5 57,031 119,904
Prepayments and accrued income 6,529 1,242
Cash at bank and in hand 76,621 27,011
140,181 148,157
CREDITORS
Amounts falling due within one year 6 65,632 96,209
NET CURRENT ASSETS 74,549 51,948
TOTAL ASSETS LESS CURRENT
LIABILITIES

83,383

68,169

CREDITORS
Amounts falling due after more than one
year

7

(14,016

)

(24,011

)

PROVISIONS FOR LIABILITIES (2,209 ) (3,082 )
NET ASSETS 67,158 41,076

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 67,154 41,072
SHAREHOLDERS' FUNDS 67,158 41,076

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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 2024


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 2024 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 2024

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 11 (2023 - 8 ) .

Gecko Agency Limited (Registered number: SC243025)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and
property machinery Totals
£    £    £   
COST
At 1 February 2023 28,985 69,468 98,453
Additions - 918 918
At 31 January 2024 28,985 70,386 99,371
DEPRECIATION
At 1 February 2023 22,216 60,016 82,232
Charge for year 5,789 2,516 8,305
At 31 January 2024 28,005 62,532 90,537
NET BOOK VALUE
At 31 January 2024 980 7,854 8,834
At 31 January 2023 6,769 9,452 16,221

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 56,177 104,856
Other Debtors - 20
R&D Tax credit repayable - 12,027
MatchPoint Holding Account 854 3,001
57,031 119,904

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts - 3,903
Other loans 10,148 10,153
Trade creditors 26,093 21,789
PAYE and NIC creditor 7,779 4,431
Tax - 13,804
VAT 16,190 33,551
Other creditors 1,375 1,148
Barclaycard Credit Card 3,502 3,923
Accruals and deferred income 544 3,508
Accrued expenses 1 (1 )
65,632 96,209

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.24 31.1.23
£    £   
Other loans - 1-2 years 14,016 24,011

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £73,135 (2023 - £55,844) were paid to the directors .