Gidi Solutions Limited

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

Registered number: 13053184

		2024		2023
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	3,417		2,633
Cash at bank and in hand		1,109		3,608

		4,526		6,241
Creditors: Amounts Falling Due Within One Year	5	(65,962 )		(64,566 )

NET CURRENT ASSETS (LIABILITIES)			(61,436 )		(58,325 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(61,436 )		(58,325 )

NET LIABILITIES			(61,436 )		(58,325 )

CAPITAL AND RESERVES
Called up share capital	6		100		100
Profit and Loss Account			(61,536 )		(58,425 )

SHAREHOLDERS' FUNDS			(61,436)		(58,325)

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.

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

Solomon Abuede Director	Nnamdi Chineme Director
28/07/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Gidi Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13053184 . The registered office is 23 Middleton Park Circus, Leeds, LS10 4LX.

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

4. Debtors

	2024	2023
	£	£
Due within one year
Amounts owed by group undertakings	2,275	2,275
Other debtors	1,142	358

	3,417	2,633

5. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	4,764	3,001
Amounts owed to group undertakings	60,250	60,250
Other creditors	948	1,315

	65,962	64,566

6. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

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Gidi Solutions Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Related Party Transactions

SA2 Limited

(Shares a director with Gidi Solutions Limited)

As at the balance sheet date, the amount due to SA2 Limited was £30,000 (2023 - £30,000). There are no fixed repayment terms and no interest is charged on the loan.

Lexel Digital Ltd

(Shares a director with Gidi Solutions Limited)

As at the balance sheet date, the amount due to Lexel Digital Ltd was £30,250 (2022 - £30,250). There are no fixed repayment terms and no interest is charged on the loan.

Fountain RX Limited

(Shares a director with Gidi Solutions Limited)

As at the balance sheet date, Fountain RX Limited owed the company £2,275 (2022 - £nil). There are no fixed repayment terms and no interest is charged on the loan.

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