2023-03-012024-02-292024-02-29false13619588GUMTREE IP SA HOLDING LTD2025-02-0777400falseiso4217:GBPxbrli:pure136195882023-03-01136195882024-02-29136195882023-03-012024-02-29136195882021-09-14136195882023-02-28136195882021-09-142023-02-2813619588bus:SmallEntities2023-03-012024-02-2913619588bus:AuditExempt-NoAccountantsReport2023-03-012024-02-2913619588bus:FullAccounts2023-03-012024-02-2913619588bus:PrivateLimitedCompanyLtd2023-03-012024-02-2913619588core:WithinOneYear2024-02-2913619588core:AfterOneYear2024-02-2913619588core:WithinOneYear2023-02-2813619588core:AfterOneYear2023-02-2813619588core:ShareCapital2024-02-2913619588core:SharePremium2024-02-2913619588core:RevaluationReserve2024-02-2913619588core:OtherReservesSubtotal2024-02-2913619588core:RetainedEarningsAccumulatedLosses2024-02-2913619588core:ShareCapital2023-02-2813619588core:SharePremium2023-02-2813619588core:RevaluationReserve2023-02-2813619588core:OtherReservesSubtotal2023-02-2813619588core:RetainedEarningsAccumulatedLosses2023-02-2813619588core:LandBuildings2024-02-2913619588core:PlantMachinery2024-02-2913619588core:Vehicles2024-02-2913619588core:FurnitureFittings2024-02-2913619588core:OfficeEquipment2024-02-2913619588core:NetGoodwill2024-02-2913619588core:IntangibleAssetsOtherThanGoodwill2024-02-2913619588core:ListedExchangeTraded2024-02-2913619588core:UnlistedNon-exchangeTraded2024-02-2913619588core:LandBuildings2023-02-2813619588core:PlantMachinery2023-02-2813619588core:Vehicles2023-02-2813619588core:FurnitureFittings2023-02-2813619588core:OfficeEquipment2023-02-2813619588core:NetGoodwill2023-02-2813619588core:IntangibleAssetsOtherThanGoodwill2023-02-2813619588core:ListedExchangeTraded2023-02-2813619588core:UnlistedNon-exchangeTraded2023-02-2813619588core:LandBuildings2023-03-012024-02-2913619588core:PlantMachinery2023-03-012024-02-2913619588core:Vehicles2023-03-012024-02-2913619588core:FurnitureFittings2023-03-012024-02-2913619588core:OfficeEquipment2023-03-012024-02-2913619588core:NetGoodwill2023-03-012024-02-2913619588core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2913619588core:ListedExchangeTraded2023-03-012024-02-2913619588core:UnlistedNon-exchangeTraded2023-03-012024-02-2913619588core:MoreThanFiveYears2023-03-012024-02-2913619588core:Non-currentFinancialInstruments2024-02-2913619588core:Non-currentFinancialInstruments2023-02-2813619588dpl:CostSales2023-03-012024-02-2913619588dpl:DistributionCosts2023-03-012024-02-2913619588core:LandBuildings2023-03-012024-02-2913619588core:PlantMachinery2023-03-012024-02-2913619588core:Vehicles2023-03-012024-02-2913619588core:FurnitureFittings2023-03-012024-02-2913619588core:OfficeEquipment2023-03-012024-02-2913619588dpl:AdministrativeExpenses2023-03-012024-02-2913619588core:NetGoodwill2023-03-012024-02-2913619588core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2913619588dpl:GroupUndertakings2023-03-012024-02-2913619588dpl:ParticipatingInterests2023-03-012024-02-2913619588dpl:GroupUndertakingscore:ListedExchangeTraded2023-03-012024-02-2913619588core:ListedExchangeTraded2023-03-012024-02-2913619588dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-03-012024-02-2913619588core:UnlistedNon-exchangeTraded2023-03-012024-02-2913619588dpl:CostSales2021-09-142023-02-2813619588dpl:DistributionCosts2021-09-142023-02-2813619588core:LandBuildings2021-09-142023-02-2813619588core:PlantMachinery2021-09-142023-02-2813619588core:Vehicles2021-09-142023-02-2813619588core:FurnitureFittings2021-09-142023-02-2813619588core:OfficeEquipment2021-09-142023-02-2813619588dpl:AdministrativeExpenses2021-09-142023-02-2813619588core:NetGoodwill2021-09-142023-02-2813619588core:IntangibleAssetsOtherThanGoodwill2021-09-142023-02-2813619588dpl:GroupUndertakings2021-09-142023-02-2813619588dpl:ParticipatingInterests2021-09-142023-02-2813619588dpl:GroupUndertakingscore:ListedExchangeTraded2021-09-142023-02-2813619588core:ListedExchangeTraded2021-09-142023-02-2813619588dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-09-142023-02-2813619588core:UnlistedNon-exchangeTraded2021-09-142023-02-2813619588core:NetGoodwill2024-02-2913619588core:IntangibleAssetsOtherThanGoodwill2024-02-2913619588core:LandBuildings2024-02-2913619588core:PlantMachinery2024-02-2913619588core:Vehicles2024-02-2913619588core:FurnitureFittings2024-02-2913619588core:OfficeEquipment2024-02-2913619588core:AfterOneYear2024-02-2913619588core:WithinOneYear2024-02-2913619588core:ListedExchangeTraded2024-02-2913619588core:UnlistedNon-exchangeTraded2024-02-2913619588core:ShareCapital2024-02-2913619588core:SharePremium2024-02-2913619588core:RevaluationReserve2024-02-2913619588core:OtherReservesSubtotal2024-02-2913619588core:RetainedEarningsAccumulatedLosses2024-02-2913619588core:NetGoodwill2023-02-2813619588core:IntangibleAssetsOtherThanGoodwill2023-02-2813619588core:LandBuildings2023-02-2813619588core:PlantMachinery2023-02-2813619588core:Vehicles2023-02-2813619588core:FurnitureFittings2023-02-2813619588core:OfficeEquipment2023-02-2813619588core:AfterOneYear2023-02-2813619588core:WithinOneYear2023-02-2813619588core:ListedExchangeTraded2023-02-2813619588core:UnlistedNon-exchangeTraded2023-02-2813619588core:ShareCapital2023-02-2813619588core:SharePremium2023-02-2813619588core:RevaluationReserve2023-02-2813619588core:OtherReservesSubtotal2023-02-2813619588core:RetainedEarningsAccumulatedLosses2023-02-2813619588core:NetGoodwill2021-09-1413619588core:IntangibleAssetsOtherThanGoodwill2021-09-1413619588core:LandBuildings2021-09-1413619588core:PlantMachinery2021-09-1413619588core:Vehicles2021-09-1413619588core:FurnitureFittings2021-09-1413619588core:OfficeEquipment2021-09-1413619588core:AfterOneYear2021-09-1413619588core:WithinOneYear2021-09-1413619588core:ListedExchangeTraded2021-09-1413619588core:UnlistedNon-exchangeTraded2021-09-1413619588core:ShareCapital2021-09-1413619588core:SharePremium2021-09-1413619588core:RevaluationReserve2021-09-1413619588core:OtherReservesSubtotal2021-09-1413619588core:RetainedEarningsAccumulatedLosses2021-09-1413619588core:AfterOneYear2023-03-012024-02-2913619588core:WithinOneYear2023-03-012024-02-2913619588core:Non-currentFinancialInstrumentscore:CostValuation2023-03-012024-02-2913619588core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-012024-02-2913619588core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-012024-02-2913619588core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-012024-02-2913619588core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-012024-02-2913619588core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-012024-02-2913619588core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2913619588core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2913619588core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2913619588core:Non-currentFinancialInstrumentscore:CostValuation2024-02-2913619588core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-02-2913619588core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-02-2913619588core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-02-2913619588core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-02-2913619588core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-02-2913619588core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-02-2913619588core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-02-2913619588core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-02-2913619588core:Non-currentFinancialInstrumentscore:CostValuation2023-02-2813619588core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-02-2813619588core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-02-2813619588core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-02-2813619588core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-02-2813619588core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-02-2813619588core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-02-2813619588core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-02-2813619588core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-02-2813619588bus:Director12023-03-012024-02-29

GUMTREE IP SA HOLDING LTD

Registered Number
13619588
(England and Wales)

Unaudited Financial Statements for the Year ended
29 February 2024

GUMTREE IP SA HOLDING LTD
Company Information
for the year from 1 March 2023 to 29 February 2024

Director

Hanneke Farrand

Company Secretary

Lighthouse Finance

Registered Address

Office 4379 321-323 High Road
Chadwell Heath
RM6 6AX

Registered Number

13619588 (England and Wales)
GUMTREE IP SA HOLDING LTD
Balance Sheet as at
29 February 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets3393,988393,988
393,988393,988
Current assets
Debtors11,93911,939
11,93911,939
Creditors amounts falling due within one year4(3,869)(8,511)
Net current assets (liabilities)8,0703,428
Total assets less current liabilities402,058397,416
Net assets402,058397,416
Capital and reserves
Called up share capital100100
Share premium393,888393,888
Profit and loss account8,0703,428
Shareholders' funds402,058397,416
The financial statements were approved and authorised for issue by the Director on 7 February 2025, and are signed on its behalf by:
Hanneke Farrand
Director
Registered Company No. 13619588
GUMTREE IP SA HOLDING LTD
Notes to the Financial Statements
for the year ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard Applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Intangible assets
Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Intangible assets acquired as part of a business combination are recorded at the fair value at the acquisition date.
2.Average number of employees

20242023
Average number of employees during the year00
3.Intangible assets

Other

Total

££
Cost or valuation
At 01 March 23393,988393,988
At 29 February 24393,988393,988
Net book value
At 29 February 24393,988393,988
At 28 February 23393,988393,988
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables3,0414,481
Bank borrowings and overdrafts-319
Amounts owed to related parties828-
Taxation and social security-3,711
Total3,8698,511
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.