GATHER TECHNOLOGY LTD


Directors	HEBDITCH, Simon
	QUAYLE, Timothy Andrew Hardy
	SUGHAYER, Najeeb


Registered Address	Abbey Manor Business Centre
	Preston Road
	Yeovil
	BA20 2EN


Registered Number	08919564 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		75,309		51,990
			75,309		51,990
Current assets
Debtors		384,931		311,653
Cash at bank and on hand		70,951		81,839
		455,882		393,492
Creditors amounts falling due within one year	4	(270,802)		(170,739)
Net current assets (liabilities)			185,080		222,753
Total assets less current liabilities			260,389		274,743
Creditors amounts falling due after one year	5		(57,663)		(48,028)
Net assets			202,726		226,715
Capital and reserves
Called up share capital			114		114
Other reserves			92		92
Profit and loss account			202,520		226,509
Shareholders' funds			202,726		226,715

The company was entitled to exemption from audit for this reporting period 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 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 and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 31 December 2025, and are signed on its behalf by:

SUGHAYER, Najeeb
Director
Registered Company No. 08919564

GATHER TECHNOLOGY LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Vehicles	25	-
Office Equipment	-	3

2.	Average number of employees


		2025		2024
	Average number of employees during the year	20		22

3.	Tangible fixed assets

	Vehicles	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 April 24	35,979	85,656	121,635
Additions	31,000	24,486	55,486
At 31 March 25	66,979	110,142	177,121
Depreciation and impairment
At 01 April 24	4,497	65,148	69,645
Charge for year	16,099	16,068	32,167
At 31 March 25	20,596	81,216	101,812
Net book value
At 31 March 25	46,383	28,926	75,309
At 31 March 24	31,482	20,508	51,990

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	130,884	62,196
Bank borrowings and overdrafts	9,946	11,764
Taxation and social security	127,671	93,564
Other creditors	-	915
Accrued liabilities and deferred income	2,301	2,300
Total	270,802	170,739


	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.

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	57,663	48,028
Total	57,663	48,028