GIGIGO LIMITED

Company Registration Number:
10637612 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2025

Period of accounts

Start date: 29 February 2024

End date: 28 February 2025

GIGIGO LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2025

Balance sheet
Notes

GIGIGO LIMITED

Balance sheet

As at 28 February 2025


Notes
2025
2024


£
£
Fixed assets
Intangible assets: 3 3,042 3,292
Tangible assets: 4 64,766 66,826
Total fixed assets: 67,808 70,118
Current assets
Stocks: 3,500 3,570
Debtors:   39,422 40,141
Cash at bank and in hand: 1,092,570 899,906
Total current assets: 1,135,492 943,617
Creditors: amounts falling due within one year:   (220,452) (183,922)
Net current assets (liabilities): 915,040 759,695
Total assets less current liabilities: 982,848 829,813
Creditors: amounts falling due after more than one year:   (4,617) (14,322)
Total net assets (liabilities): 978,231 815,491
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 978,131 815,391
Shareholders funds: 978,231 815,491

The notes form part of these financial statements

GIGIGO LIMITED

Balance sheet statements

For the year ending 28 February 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 November 2025
and signed on behalf of the board by:

Name: S Seo
Status: Director

The notes form part of these financial statements

GIGIGO LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Leasehold Property - over the term of lease-20 years Fixtures and fittings - 20% on reducing balance basis Plant & machinery - 25% on reducing balance basis

Intangible fixed assets and amortisation policy

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Valuation and information policy

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Other accounting policies

Taxation Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

GIGIGO LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

2. Employees

2025 2024
Average number of employees during the period 26 26

GIGIGO LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

3. Intangible Assets

Total
Cost £
At 29 February 2024 5,000
At 28 February 2025 5,000
Amortisation
At 29 February 2024 1,708
Charge for year 250
At 28 February 2025 1,958
Net book value
At 28 February 2025 3,042
At 28 February 2024 3,292

GIGIGO LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

4. Tangible Assets

Total
Cost £
At 29 February 2024 130,095
Additions 10,972
At 28 February 2025 141,067
Depreciation
At 29 February 2024 63,269
Charge for year 13,032
At 28 February 2025 76,301
Net book value
At 28 February 2025 64,766
At 28 February 2024 66,826