GAIN CAPITAL UK LIMITED

Company Registration Number:
01761813 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 October 2023

End date: 30 September 2024

GAIN CAPITAL UK LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

GAIN CAPITAL UK LIMITED

Directors' report period ended 30 September 2024

The directors present their report with the financial statements of the company for the period ended 30 September 2024

Principal activities of the company

The principal activity of the Company was to operate a representative office in Dubai, which supports other group activities.

Political and charitable donations

Political contributions: Neither the Company nor any of its subsidiaries made any political donations or incurred any political expenditure during the year. Donations: During the period the Company made charitable donations of £nil (2023: £nil).

Company policy on disabled employees

Applications for employment by disabled persons are always fully considered, bearing in mind the aptitudes and abilities of the applicant concerned. It is the policy of the Company that the training, career development and promotion of disabled persons should as far as possible be identical to that of other employees. In the event of members of staff becoming disabled, every effort is made to ensure that their employment with the Company continues and that the appropriate training is facilitated



Directors

The director shown below has held office during the whole of the period from
1 October 2023 to 30 September 2024

A Hine


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
16 December 2024

And signed on behalf of the board by:
Name: A Hine
Status: Director

GAIN CAPITAL UK LIMITED

Profit And Loss Account

for the Period Ended 30 September 2024

2024 2023


£

£
Turnover: 0 0
Cost of sales: 0 0
Gross profit(or loss): 0 0
Distribution costs: 0 0
Administrative expenses: ( 2,293 ) ( 1,558 )
Other operating income: 2,363 1,567
Operating profit(or loss): 70 9
Interest receivable and similar income: 56 25
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 126 34
Tax: ( 642 ) 11
Profit(or loss) for the financial year: (516) 45

GAIN CAPITAL UK LIMITED

Balance sheet

As at 30 September 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors: 3 13,253 13,725
Cash at bank and in hand: 3,332 3,255
Investments:   0 0
Total current assets: 16,585 16,980
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 4 ( 506 ) ( 385 )
Net current assets (liabilities): 16,079 16,595
Total assets less current liabilities: 16,079 16,595
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 16,079 16,595
Capital and reserves
Called up share capital: 1,000 1,000
Share premium account: 0 0
Other reserves: 3,376 3,376
Profit and loss account: 11,703 12,219
Total Shareholders' funds: 16,079 16,595

The notes form part of these financial statements

GAIN CAPITAL UK LIMITED

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 16 December 2024
and signed on behalf of the board by:

Name: A Hine
Status: Director

The notes form part of these financial statements

GAIN CAPITAL UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Valuation information and policy

    Financial assets and liabilities purchased or sold are recorded on a trade date basis and include: spread trading on equities, equity indices, precious and base metals, soft commodities, exchange rates, interest rates, exchange traded futures and options; and contract for difference on equities, equity indices, precious and base metals, soft commodities, exchange rates, interest rates and other financial instruments. The estimated fair value of financial assets and liabilities is made in accordance with the requirements of FRS 102. Fair value is defined as the amount at which the instrument could be exchanged in a current transaction between knowledgeable willing parties on arm’s length conditions, other than in a forced sale or liquidation. The fair value of assets or liabilities that are actively traded in organised financial markets is determined by reference to quoted market bid or ask prices, respectively, at the close of business on the balance sheet date. For assets where there is no active market, fair value is determined using valuation techniques, including valuation pricing models. Valuation pricing models consider time value and volatility factors underlying financial instruments as well as other relevant economic factors. The output of a model is always an estimate or approximation of a value that cannot be determined with certainty, and valuation techniques employed may not fully reflect factors relevant to the positions the Company holds. Valuations are therefore adjusted, where appropriate, to allow for additional factors including model risks and counterparty credit risk. The Company’s Management believes that these valuation adjustments are necessary and appropriate to state the values of financial instruments carried at fair value on the Balance Sheet.

GAIN CAPITAL UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 9 7

GAIN CAPITAL UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Debtors

2024 2023
£ £
Trade debtors 0 0
Prepayments and accrued income 113 24
Other debtors 13,140 13,701
Total 13,253 13,725
Debtors due after more than one year: 0 0

GAIN CAPITAL UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Amounts due under finance leases and hire purchase contracts 65 66
Accruals and deferred income 441 319
Total 506 385