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REGISTERED NUMBER: 10960591 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Gmatict Limited

Gmatict Limited (Registered number: 10960591)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Gmatict Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: M Sadler





REGISTERED OFFICE: Unit 1
Shrine Barn
Sandling Road
Hythe
Kent
CT21 4HE





REGISTERED NUMBER: 10960591 (England and Wales)





ACCOUNTANTS: Ardor Business Solutions Limited
Chartered Certified Accountants
Unit 1
Shrine Barn
Sandling Road
Hythe
Kent
CT21 4HE

Gmatict Limited (Registered number: 10960591)

Balance Sheet
30 September 2024

30/9/24 30/9/23
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 2,605 -

CURRENT ASSETS
Debtors 6 15,330 21,770
Cash at bank 432,686 407,468
448,016 429,238
CREDITORS
Amounts falling due within one year 7 51,849 37,212
NET CURRENT ASSETS 396,167 392,026
TOTAL ASSETS LESS CURRENT
LIABILITIES

398,772

392,026

PROVISIONS FOR LIABILITIES 651 -
NET ASSETS 398,121 392,026

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 398,021 391,926
398,121 392,026

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

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 28 May 2025 and were signed by:




M Sadler - Director


Gmatict Limited (Registered number: 10960591)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Gmatict 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 (£).


Amounts are rounded to the nearest pound.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.
Computer equipment - straight line over 3 years

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.

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.

4. EMPLOYEES AND DIRECTORS

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

Gmatict Limited (Registered number: 10960591)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 October 2023 7,679
Additions 3,907
At 30 September 2024 11,586
DEPRECIATION
At 1 October 2023 7,679
Charge for year 1,302
At 30 September 2024 8,981
NET BOOK VALUE
At 30 September 2024 2,605
At 30 September 2023 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Trade debtors 10,257 18,043
VAT 5,073 3,727
15,330 21,770

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Taxation 33,698 18,868
Directors' current accounts 15,217 15,805
Accrued expenses 2,934 2,539
51,849 37,212

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M Sadler.