Registration number: 11775832

Gaiacode Ltd

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

Gaiacode Ltd

(Registration number: 11775832)
Balance Sheet as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	159,661	190,283
Tangible assets	5	2,783	11,038
		162,444	201,321
Current assets
Stocks	6	18,500	42,500
Debtors	7	262,203	294,414
Cash at bank and in hand		188,373	64,187
		469,076	401,101
Creditors: Amounts falling due within one year	8	(62,156)	(39,683)
Net current assets		406,920	361,418
Total assets less current liabilities		569,364	562,739
Creditors: Amounts falling due after more than one year	8	(1,144,293)	(1,145,333)
Net liabilities		(574,929)	(582,594)
Capital and reserves
Called up share capital		386,250	386,250
Retained earnings		(961,179)	(968,844)
Shareholders' deficit		(574,929)	(582,594)

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Gaiacode Ltd

(Registration number: 11775832)
Balance Sheet as at 31 August 2025

Approved and authorised by the director on 27 April 2026
 

......................................... Mr C C Guralp Director

Gaiacode Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Dickers Farm
Bramley Road
Silchester
Reading
RG7 2LU

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The company is reliant on financial support to remain in operarational existence. The director's family members have confirmed their intention to maintain financial support and on this basis the financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax payable.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Gaiacode Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	25% straight line basis
Plant and machinery	20% straight line basis

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Intangible assets

Separately acquired trademarks and licences are shown at historical cost.

Trademarks, licences (including software) and customer-related intangible assets acquired in a business combination are recognised at fair value at the acquisition date.

Trademarks, licences and customer-related intangible assets have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	10% straight line basis
Patents	5% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Gaiacode Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 9 (2024 - 11).

4	Intangible assets

	Goodwill  £	Trademarks, patents and licenses  £	Total £
Cost or valuation
At 1 September 2024	300,000	12,438	312,438
At 31 August 2025	300,000	12,438	312,438
Amortisation
At 1 September 2024	120,000	2,155	122,155
Amortisation charge	30,000	622	30,622
At 31 August 2025	150,000	2,777	152,777
Carrying amount
At 31 August 2025	150,000	9,661	159,661
At 31 August 2024	180,000	10,283	190,283

Gaiacode Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

5	Tangible assets

	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 September 2024	35,328	12,182	47,510
Additions	976	-	976
At 31 August 2025	36,304	12,182	48,486
Depreciation
At 1 September 2024	27,619	8,853	36,472
Charge for the year	7,190	2,041	9,231
At 31 August 2025	34,809	10,894	45,703
Carrying amount
At 31 August 2025	1,495	1,288	2,783
At 31 August 2024	7,709	3,329	11,038

6

Stocks

	2025 £	2024 £
Other inventories	18,500	42,500

7

Debtors

Current	2025 £	2024 £
Trade debtors	227,083	226,529
Prepayments	5,096	4,361
Other debtors	30,024	63,524
	262,203	294,414

Gaiacode Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

8

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	44,399	24,518
Taxation and social security	7,257	5,758
Other creditors	10,500	9,407
	62,156	39,683