1 August 2024 v2025.72.1 limited_company_frs_102_section_1a_v1_1_3 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP150395172024-08-012025-07-31150395172025-07-31150395172024-07-3115039517core:WithinOneYear2025-07-3115039517core:WithinOneYear2024-07-3115039517core:AfterOneYear2025-07-3115039517core:AfterOneYear2024-07-3115039517core:ShareCapital2025-07-3115039517core:ShareCapital2024-07-3115039517core:RetainedEarningsAccumulatedLosses2025-07-3115039517core:RetainedEarningsAccumulatedLosses2024-07-3115039517bus:Director12024-08-012025-07-3115039517bus:Director22024-08-012025-07-3115039517bus:RegisteredOffice2024-08-012025-07-31150395172023-07-312024-07-3115039517core:PlantMachinery2024-08-012025-07-3115039517core:PlantMachinery2025-07-311503951712024-08-012025-07-3115039517countries:EnglandWales2024-08-012025-07-3115039517bus:AuditExempt-NoAccountantsReport2024-08-012025-07-3115039517bus:PrivateLimitedCompanyLtd2024-08-012025-07-3115039517bus:SmallEntities2024-08-012025-07-3115039517bus:FullAccounts2024-08-012025-07-31
Company registration number:
15039517
Gabagool Ltd
Unaudited Filleted Financial Statements for the year ended
31 July 2025
Gabagool Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of Gabagool Ltd
Year ended
31 July 2025
As described on the statement of financial position, the Board of Directors of
Gabagool Ltd
are responsible for the preparation of the
financial statements
for the year ended
31 July 2025
, which comprise the income statement, statement of financial position, statement of changes in equity and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Gabagool Ltd
Statement of Financial Position
31 July 2025
20252024
Note££
Fixed assets    
Tangible assets 5
24,587
  -  
Current assets    
Debtors 6
29,810
 
13,543
 
Cash at bank and in hand
70,530
 
(25
 )
100,340
 
13,518
 
Creditors: amounts falling due within one year 7
(56,829
 )
(10,944
 )
Net current assets
43,511
 
2,574
 
Total assets less current liabilities 68,098   2,574  
Creditors: amounts falling due after more than one year 8
(67,799
 )
(19,037
 )
Net assets/(liabilities)
299
 
(16,463
 )
Capital and reserves    
Called up share capital
2
 
2
 
Profit and loss account
297
 
(16,465
 )
Shareholders funds/(deficit)
299
 
(16,463
 )
For the year ending
31 July 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
11 November 2025
, and are signed on behalf of the board by:
S Gormally
J Urpi
DirectorDirector
Company registration number:
15039517
Gabagool Ltd
Notes to the Financial Statements
Year ended
31 July 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Bramhall House 14 Ack Lane East
,
Bramhall
,
Stockport
,
SK7 2BY
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the year was
11
(2024:
2.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 August 2024
 -  
Additions
29,707
 
At
31 July 2025
29,707
 
Depreciation  
At
1 August 2024
 -  
Charge
5,120
 
At
31 July 2025
5,120
 
Carrying amount  
At
31 July 2025
24,587
 
At 31 July 2024 -  

6 Debtors

20252024
££
Other debtors
29,810
 
13,543
 

7 Creditors: amounts falling due within one year

20252024
££
Trade creditors
18,229
 
992
 
Taxation and social security
10,561
  -  
Other creditors
28,039
 
9,952
 
56,829
 
10,944
 

8 Creditors: amounts falling due after more than one year

20252024
££
Other creditors
67,799
 
19,037