1 November 2023 false Taxfiler 2024.6 06727323business:PrivateLimitedCompanyLtd2023-11-012024-10-31 067273232023-10-31 067273232023-11-012024-10-31 06727323business:AuditExemptWithAccountantsReport2023-11-012024-10-31 06727323business:FilletedAccounts2023-11-012024-10-31 067273232024-10-31 067273232023-10-31 06727323core:WithinOneYear2024-10-31 06727323core:WithinOneYear2023-10-31 06727323core:ShareCapitalcore:PreviouslyStatedAmount2024-10-31 06727323core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 06727323core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 06727323core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 06727323core:PreviouslyStatedAmount2024-10-31 06727323core:PreviouslyStatedAmount2023-10-31 06727323business:SmallEntities2023-11-012024-10-31 06727323business:Director12023-11-012024-10-31 06727323countries:EnglandWales2023-11-012024-10-31 06727323business:RegisteredOffice2023-11-012024-10-31 06727323business:OrdinaryShareClass12023-11-012024-10-31 06727323business:OrdinaryShareClass12022-11-012023-10-31 067273232022-11-012023-10-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 06727323 (England and Wales)
Gemini Markets Limited Unaudited accounts for the year ended 31 October 2024
Gemini Markets Limited Unaudited accounts Contents
Page
- 2 -
Gemini Markets Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
5,000 
5,000 
Creditors: amounts falling due within one year
(29,746)
(29,162)
Net current liabilities
(24,746)
(24,162)
Net liabilities
(24,746)
(24,162)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(24,747)
(24,163)
Shareholders' funds
(24,746)
(24,162)
For the year ending 31 October 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 July 2025 and were signed on its behalf by
Colin Emmett Director Company Registration No. 06727323
- 3 -
Gemini Markets Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Gemini Markets Limited is a private company, limited by shares, registered in England and Wales, registration number 06727323. The registered office is 31 Abbotswood Close, Redditch, Essex, B98 0QD, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Going concern
The company is a going concern. It embarks on long term projects for which the income arises at completion. The company is funded and supported by long term shareholders.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
5,000 
5,000 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,363 
3,363 
Other creditors
1,881 
1,297 
Loans from directors
24,502 
24,502 
29,746 
29,162 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
- 4 -
Gemini Markets Limited Notes to the Accounts for the year ended 31 October 2024
7
Controlling party
The company was under the control of Mr Colin John Emmett throughout the current and previous year. Mr Emmett is the managing director and majority shareholder.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 5 -