Gaiger Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 06546681

		31 July 2024		31 July 2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		183,333		233,333
Tangible Assets	5		6,027		2,963

			189,360		236,296
CURRENT ASSETS
Stocks		38,575		39,836
Debtors	6	224,479		118,786
Cash at bank and in hand		230,320		105,097

		493,374		263,719
Creditors: Amounts Falling Due Within One Year	7	(161,997 )		(145,195 )

NET CURRENT ASSETS (LIABILITIES)			331,377		118,524

TOTAL ASSETS LESS CURRENT LIABILITIES			520,737		354,820

NET ASSETS			520,737		354,820

CAPITAL AND RESERVES
Called up share capital			100		100
Profit and Loss Account			520,637		354,720

SHAREHOLDERS' FUNDS			520,737		354,820

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Gaiger Limited

Balance Sheet (continued)

As At 31 July 2024

For the year ending 31 July 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Samitkumar Patel

Director

21 August 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Gaiger Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06546681 . The registered office is 30 The Ridge, Surrey, CR8 3PE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 20 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% straight line method
Fixtures & Fittings	25% reducing balance

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Gaiger Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2024

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.8. Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any

impairment losses for bad and doubtful debts. Loans and other financial assets are initially

recognised at transaction price including any transaction costs and subsequently measured at

amortised cost determined using the effective interest method, less any impairment losses for

bad and doubtful debts.

2.9. Creditors

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.

2.10. Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation

at the reporting date as a result of a past event, it is probable that economic benefit will be

transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 10 (2023: 8)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 August 2023	1,000,000

As at 31 July 2024	1,000,000

Amortisation
As at 1 August 2023	766,667
Provided during the period	50,000

As at 31 July 2024	816,667

Net Book Value
As at 31 July 2024	183,333

As at 1 August 2023	233,333

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Gaiger Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2024

5. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 August 2023	70,070
Additions	3,838

As at 31 July 2024	73,908

Depreciation
As at 1 August 2023	67,107
Provided during the period	774

As at 31 July 2024	67,881

Net Book Value
As at 31 July 2024	6,027

As at 1 August 2023	2,963

6. Debtors

	31 July 2024	31 July 2023
	£	£
Due within one year
Trade debtors	103,007	87,113
Other debtors	121,472	31,673

	224,479	118,786

7. Creditors: Amounts Falling Due Within One Year

	31 July 2024	31 July 2023
	£	£
Trade creditors	109,117	120,334
Other creditors	8,775	4,530
Taxation and social security	44,105	20,331

	161,997	145,195

8. Related Party Transactions

Mr Samitkumar Patel is the director of the company.

At the end of the year amount owed by the director to the company is £108.68

(2023: £6,782.73).

During the year the company has declared dividend of £0.00 (2023: £70,000.00).

9. Ultimate Controlling Party

Summary of transactions with parent company

West Ewell Limited

(Parent undertaking of Gaiger Limited)

At the balance sheet date, the amount due from West Ewell Limited was £80,169.42

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