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Company Registration No. 14195207 (England and Wales)
GEMINI WEALTH GROUP LIMITED Unaudited accounts for the year ended 31 December 2024
GEMINI WEALTH GROUP LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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GEMINI WEALTH GROUP LIMITED Company Information for the year ended 31 December 2024
Directors
BERWICK, Peter METCALF, Gary REID, Amanda REID, Paul Anthony
Company Number
14195207 (England and Wales)
Registered Office
Gemini House 71 Park Road Sutton Coldfield B73 6BT United Kingdom
Accountants
Parkers Accountancy And Taxation 590a Kingsbury Road Erdington Birmingham B24 9ND
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GEMINI WEALTH GROUP LIMITED Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
53,460
-
Current assets
Debtors
5
3,829
-
Investments
6
146,394
73,785
Cash at bank and in hand
87,838
107,583
238,061
181,368
Creditors: amounts falling due within one year
7
(20)
-
Net current assets
238,041
181,368
Total assets less current liabilities
291,501
181,368
Creditors: amounts falling due after more than one year
8
(705,119)
(451,772)
Net liabilities
(413,618)
(270,404)
Capital and reserves
Called up share capital
10,000
10,000
Profit and loss account
(423,618)
(280,404)
Shareholders' funds
(413,618)
(270,404)
For the year ending 31 December 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 5 September 2025 and were signed on its behalf by
REID, Amanda Director Company Registration No. 14195207
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GEMINI WEALTH GROUP LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
GEMINI WEALTH GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14195207. The registered office is Gemini House, 71 Park Road, Sutton Coldfield, B73 6BT, United Kingdom.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 January 2024
-
Additions
53,460
At 31 December 2024
53,460
Depreciation
At 31 December 2024
-
Net book value
At 31 December 2024
53,460
5
Debtors
2024
2023
£
£
Amounts falling due within one year
Trade debtors
3,829
-
6
Investments held as current assets
2024
2023
£
£
Unlisted investments
146,394
73,785
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GEMINI WEALTH GROUP LIMITED Notes to the Accounts for the year ended 31 December 2024
7
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
20
-
8
Creditors: amounts falling due after more than one year
2024
2023
£
£
Other creditors
705,119
451,772
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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