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Registration number: 11084569

Gemini Drivers Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 30 November 2025

Gemini Drivers Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 9

Gemini Drivers Limited

Company Information

Director | Paul Greasley

Registered office | Units 3 & 8 Sneyd Street Stoke on Trent Staffordshire ST6 2NP

Accountants | Mill House Accountancy Limited Chartered AccountantsUnit 2, The Keele Centre Three Mile Lane Keele Newcastle-under-Lyme Staffordshire ST5 5HH

Gemini Drivers Limited

(Registration number: 11084569)
Balance Sheet as at 30 November 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 149,258 | 28,396
Current assets |  |  |
Debtors | 5 | 519,192 | 631,345
Cash at bank and in hand |  | 62,259 | 27,347
|  | 581,451 | 658,692
Creditors: Amounts falling due within one year | 6 | (303,338) | (375,196)
Net current assets |  | 278,113 | 283,496
Total assets less current liabilities |  | 427,371 | 311,892
Creditors: Amounts falling due after more than one year | 6 | (22,193) | (9,090)
Provisions for liabilities |  | (14,285) | (2,892)
Net assets |  | 390,893 | 299,910
Capital and reserves |  |  |
Called up share capital | 7 | 100 | 100
Retained earnings |  | 390,793 | 299,810
Shareholders' funds |  | 390,893 | 299,910

For the financial year ending 30 November 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.

Approved and authorised by the director on 4 June 2026

......................................... Paul Greasley Director

Gemini Drivers Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 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:
Units 3 & 8
Sneyd Street
Stoke on Trent
Staffordshire
ST6 2NP
England

These financial statements were authorised for issue by the director on 4 June 2026.

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

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.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

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:

Gemini Drivers Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Asset class | Depreciation method and rate
Fittings & fixtures | 20% Reducing Balance
Office Equipment | 33% Reducing Balance
Motor Vehicles | 25% Reducing Balance

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 7 (2024 - 8).

Gemini Drivers Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

4 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 December 2024 | - | 49,703 | - | 49,703
Additions | 51,834 | 7,082 | 77,867 | 136,783
At 30 November 2025 | 51,834 | 56,785 | 77,867 | 186,486
Depreciation
At 1 December 2024 | - | 21,307 | - | 21,307
Charge for the year | 158 | 8,415 | 7,348 | 15,921
At 30 November 2025 | 158 | 29,722 | 7,348 | 37,228
Carrying amount
At 30 November 2025 | 51,676 | 27,063 | 70,519 | 149,258
At 30 November 2024 | - | 28,396 | - | 28,396

Included within the net book value of land and buildings above is £51,676 (2024 - £Nil) in respect of long leasehold land and buildings.

5 | Debtors

Current | Note | 2025 £ | 2024 £
Trade debtors |  | 469,581 | 525,726
Amounts owed by related parties | 10 | 7,066 | -
Prepayments |  | 8,571 | 2,570
Other debtors |  | 33,974 | 103,049
|  | 519,192 | 631,345

Gemini Drivers Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 8 | 7,239 | 127,755
Trade creditors |  | 75,844 | 21,030
Taxation and social security |  | 211,802 | 162,492
Accruals and deferred income |  | 800 | 60,811
Other creditors |  | 7,653 | 3,108
|  | 303,338 | 375,196

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 8 | 22,193 | 9,090

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 1 | 1 | 1 | 1
A Ordinary of £1 each | 50 | 50 | 50 | 50
B Ordinary of £1 each | 49 | 49 | 49 | 49
| 100 | 100 | 100 | 100

8 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | - | 9,090
Hire purchase contracts | 22,193 | -
| 22,193 | 9,090

Gemini Drivers Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | - | 18,182
Hire purchase contracts | 7,239 | -
Other borrowings | - | 109,573
| 7,239 | 127,755

9 | Dividends

Interim dividends paid

|  | 2025 £ |  | 2024 £
Interim dividend of £1,240.00 (2024 - £855.91) per each A Ordinary |  | 62,000 |  | 42,795
Interim dividend of £Nil per each B Ordinary |  | - |  | -
|  | 62,000 |  | 42,795

10 | Related party transactions

Gemini Drivers North West Ltd is a related party by virtue of common control.

Gemini Drivers Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Director's remuneration

The director's remuneration for the year was as follows:

| 2025 £ | 2024 £
Remuneration | 53,427 | 20,468

Gemini Drivers Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Loans to related parties

2025 | Other related parties £ | Total £
Advanced | (7,066) | (7,066)
At end of period | (7,066) | (7,066)

Loans from related parties

2025 | Other related parties £ | Total £
At start of period | 27,323 | 27,323
Repaid | (27,323) | (27,323)
At end of period | - | -

2024 | Other related parties £ | Total £
At start of period | 27,323 | 27,323
At end of period | 27,323 | 27,323