IRIS Accounts Production v24.2.0.383 10710985 director 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh107109852023-05-31107109852024-05-31107109852023-06-012024-05-31107109852022-05-31107109852022-06-012023-05-31107109852023-05-3110710985ns15:EnglandWales2023-06-012024-05-3110710985ns14:PoundSterling2023-06-012024-05-3110710985ns10:Director12023-06-012024-05-3110710985ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3110710985ns10:SmallEntities2023-06-012024-05-3110710985ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3110710985ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3110710985ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3110710985ns10:FullAccounts2023-06-012024-05-3110710985ns5:CurrentFinancialInstruments2024-05-3110710985ns5:CurrentFinancialInstruments2023-05-3110710985ns5:Non-currentFinancialInstruments2024-05-3110710985ns5:Non-currentFinancialInstruments2023-05-3110710985ns5:ShareCapital2024-05-3110710985ns5:ShareCapital2023-05-3110710985ns5:RetainedEarningsAccumulatedLosses2024-05-3110710985ns5:RetainedEarningsAccumulatedLosses2023-05-3110710985ns10:RegisteredOffice2023-06-012024-05-3110710985ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3110710985ns5:WithinOneYearns5:CurrentFinancialInstruments2023-05-31107109851ns10:Director12023-05-31107109851ns10:Director12022-05-31107109851ns10:Director12023-06-012024-05-31107109851ns10:Director12022-06-012023-05-31107109851ns10:Director12024-05-31107109851ns10:Director12023-05-31
REGISTERED NUMBER: 10710985 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 May 2024

for

Gecko Mortgage Brokers Ltd

Gecko Mortgage Brokers Ltd (Registered number: 10710985)






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




Page

Balance Sheet 1

Notes to the Financial Statements 2


Gecko Mortgage Brokers Ltd (Registered number: 10710985)

Balance Sheet
31 May 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 63,519 54,817
Cash at bank 435 10
63,954 54,827
CREDITORS
Amounts falling due within one year 5 48,013 36,816
NET CURRENT ASSETS 15,941 18,011
TOTAL ASSETS LESS CURRENT LIABILITIES 15,941 18,011

CREDITORS
Amounts falling due after more than one year 6 15,334 17,890
NET ASSETS 607 121

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 606 120
SHAREHOLDERS' FUNDS 607 121

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 November 2024 and were signed by:





Mrs C K Lowe - Director


Gecko Mortgage Brokers Ltd (Registered number: 10710985)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Gecko Mortgage Brokers Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10710985

Registered office: Briarfield
Longshoot Road
Lower Withington
Macclesfield
Cheshire
SK11 9DX

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised as the company becomes entitled to consideration for the services supplied. Therefore, turnover also includes the element of work completed but not yet invoiced.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11,415 6,413
Other debtors 52,104 48,404
63,519 54,817

Gecko Mortgage Brokers Ltd (Registered number: 10710985)

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

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 2,556 2,556
Taxation and social security 41,150 31,624
Other creditors 4,307 2,636
48,013 36,816

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 15,334 17,890

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 5,111 7,667

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

2024 2023
£    £   
Mrs C K Lowe
Balance outstanding at start of year 36,189 36,193
Amounts advanced 79,834 53,233
Amounts repaid (76,134 ) (53,237 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 39,889 36,189

Amounts owed by the director are repayable on demand and interest has been charged at the HMRC approved rates.