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Company Registration No. 09455007 (England and Wales)
Gower Street Analytics Ltd Unaudited accounts for the year ended 28 February 2026
Gower Street Analytics Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Gower Street Analytics Ltd Company Information for the year ended 28 February 2026
Director
Dimitrios Mitsinikos
Company Number
09455007 (England and Wales)
Registered Office
20-22 Wenlock Road London N1 7GU United Kingdom
Accountants
The Accountancy Cloud Level 5a Maple House 149 Tottenham Court Road London W1T 7NF
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Gower Street Analytics Ltd Statement of financial position as at 28 February 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
7,122
8,211
Current assets
Debtors
5
184,065
178,697
Cash at bank and in hand
1,895
3,747
185,960
182,444
Creditors: amounts falling due within one year
6
(1,803,063)
(1,483,624)
Net current liabilities
(1,617,103)
(1,301,180)
Total assets less current liabilities
(1,609,981)
(1,292,969)
Creditors: amounts falling due after more than one year
7
(4,649,937)
(4,452,912)
Net liabilities
(6,259,918)
(5,745,881)
Capital and reserves
Called up share capital
8
1,111
1,111
Share premium
612,389
612,389
Profit and loss account
(6,873,418)
(6,359,381)
Shareholders' funds
(6,259,918)
(5,745,881)
For the year ending 28 February 2026 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 July 2026 and were signed on its behalf by
Dimitrios Mitsinikos Director Company Registration No. 09455007
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Gower Street Analytics Ltd Notes to the Accounts for the year ended 28 February 2026
1
Statutory information
Gower Street Analytics Ltd is a private company, limited by shares, registered in England and Wales, registration number 09455007. The registered office is 20-22 Wenlock Road, London, N1 7GU, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Straight Line
Computer equipment
20% Straight Line
Research and development tax credit
During the financial year, Gower Street Analytics Limited received a tax credit for qualifying research and development expenditure under the Research and Development tax relief scheme. This is presented as a tax repayment in the Statement of Profit or Loss in line with disclosure requirements under FRS 102.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Gower Street Analytics Ltd Notes to the Accounts for the year ended 28 February 2026
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Prior period restatement
During the year, an error was identified relating to the timing of recognition of the research and development tax credit. The prior year figures have therefore been restated. The effect of the restatement on the balance sheet at 28 February 2025 was as follows: Accrued Income increased by £89,333, from £1,785 to £91,118. Accruals increased by £7,500, from £2,891 to £10,391. The effect of the restatement on the profit and loss for the year ended 28 February 2025 was as follows: Corporation tax income increased by £89,333. Audit and accountancy fees increased by £7,500. Overall, the profit and loss increased by £81,833, from a loss of £361,551 to the loss of £279,718.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 March 2025
517
25,763
26,280
Additions
-
1,403
1,403
Disposals
(517)
(11,789)
(12,306)
At 28 February 2026
-
15,377
15,377
Depreciation
At 1 March 2025
516
17,553
18,069
Charge for the year
-
2,491
2,491
On disposals
(516)
(11,789)
(12,305)
At 28 February 2026
-
8,255
8,255
Net book value
At 28 February 2026
-
7,122
7,122
At 28 February 2025
1
8,210
8,211
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Gower Street Analytics Ltd Notes to the Accounts for the year ended 28 February 2026
5
Debtors
2026
2025
£
£
Amounts falling due within one year
VAT
1,049
1,994
Trade debtors
103,698
85,585
Accrued income and prepayments
67,080
91,118
Other debtors
12,238
-
184,065
178,697
6
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans and overdrafts
10,784
10,784
Trade creditors
12,478
9,223
Taxes and social security
78,831
102,502
Other creditors
1,665,417
1,383,277
Loans from directors
(55,965)
(37,965)
Accruals
80,441
10,391
Deferred income
11,077
5,412
1,803,063
1,483,624
Included in other creditors is a loan of £1,446,906 (2025: £1,261,906) and interest of £182,054 (2025: £104,591) payable to a third party. The loan accrues interest at a rate of 5% and is repayable on demand.
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans
8,143
13,188
Other creditors
4,641,794
4,439,724
4,649,937
4,452,912
Creditors due after one year includes three loans: -A loan of £2,838,250 (2025: £2,838,250) and interest of £1,013,229 (2025: £829,825) payable to a third party. The loan accrues interest at a rate of 5%. - A loan of £18,927 (2025: £23,972) due to HSBC. The loan is repayable over a term of 6 years at an interest rate of 2.5%. - Convertible loans (and interest) from various third parties totaling £790,316 (2025: £771,649). The loans are fully matured and accrue interest at a rate of 8%.
8
Share capital
2026
2025
£
£
Allotted, called up and fully paid:
1,110,763 Ordinary shares of £0.001 each
1,110.76
1,110.76
- 7 -
Gower Street Analytics Ltd Notes to the Accounts for the year ended 28 February 2026
9
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Dimitrios Mitsinikos
Director's loan
37,965
18,000
-
55,965
37,965
18,000
-
55,965
Directors' loans are interest-free and repayable on demand.
10
Average number of employees
During the year the average number of employees was 9 (2025: 10).
- 8 -