Gangbusters Ltd - Accounts

Gangbusters Ltd
Contents Page
For the year ended 30 November 2025

Company Information	1
Directors' Report	2
Accountants' Report	3
Statement of Financial Position	4
Statement of Changes in Equity	5
Notes to the Financial Statements	6

Gangbusters Ltd
Company Information
For the year ended 30 November 2025

Director	Meng Huan Brandon Wu
Registered Number	11701474
Registered Office	7 Bell Yard London WC2A 2JR
Accountants	Worth Knowing Accountants Ltd 7 Bell Yard London, England WC2A 2JR

1

Gangbusters Ltd
Directors' Report
For the year ended 30 November 2025

Director's report and financial statements

The directors present his/her/their annual report and the financial statements for the year ended 30 November 2025

Principal activities

Principal activity of the company during the financial year was of business and domestic software development.

Directors

The directors who served the company throughout the year were as follows:

Michael James Cann

Meng Huan Brandon Wu

Statement of directors' responsibilities

The directors are responsible for preparing the directors’ report and the financial statements in accordance with applicable law and regulation.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to

select suitable accounting policies and then apply them consistently
make judgments and accounting estimates that are reasonable and prudent
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business

The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

This report was approved by the board and signed on its behalf by:

----------------------------------
Meng Huan Brandon Wu
Director

Date approved: 28 July 2026

2

Gangbusters Ltd Accountants' Report For the year ended 30 November 2025
Accountant’s report You consider that the company is exempt from an audit for the year ended 30 November 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. Worth Knowing Accountants Ltd 30 November 2025 .................................................... Worth Knowing Accountants Ltd 7 Bell Yard London, England WC2A 2JR 28 July 2026 3

Gangbusters Ltd
Accountants' Report
For the year ended 30 November 2025

Accountant’s report
You consider that the company is exempt from an audit for the year ended 30 November 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Worth Knowing Accountants Ltd
30 November 2025

....................................................

Worth Knowing Accountants Ltd
7 Bell Yard
London,
England
WC2A 2JR
28 July 2026

3

Gangbusters Ltd
Statement of Financial Position
As at 30 November 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	2,813	3,562
		2,813	3,562
Current assets
Debtors	4	29,897	41,981
Cash at bank and in hand		100,266	66,703
		130,163	108,684
Creditors: amount falling due within one year	5	(17,455)	(4,050)
Net current assets		112,708	104,634

Total assets less current liabilities		115,521	108,196
Creditors: amount falling due after more than one year	6	(1,115,652)	(1,115,652)
Provisions for liabilities	7	(703)	(890)
Net assets		(1,000,834)	(1,008,346)

Capital and reserves
Called up share capital		8	9
Share Premium Account	8	1,599	1,599
Profit and loss account		(1,002,441)	(1,009,954)
Shareholders' funds		(1,000,834)	(1,008,346)

For the year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 28 July 2026 and were signed on its behalf by:

-------------------------------
Meng Huan Brandon Wu
Director

4

Gangbusters Ltd
Statement of Changes in Equity
For the year ended 30 November 2025

	Equity share capital	Equity share premium	Retained Earnings	Total
	£	£	£	£
At 01 December 2023	9	1,599	(793,112)	(791,504)
Profit/(Loss) for the year			(216,842)	(216,842)
Total comprehensive income for the year	-	-	(216,842)	(216,842)
Total investments by and distributions to owners	-	-	-	-
At 30 November 2024	9	1,599	(1,009,954)	(1,008,346)
At 01 December 2024	9	1,599	(1,009,954)	(1,008,346)
Profit/(Loss) for the year			7,513	7,513
Total comprehensive income for the year	-	-	7,513	7,513
Reduction of Share Capital	(1)			(1)
Total investments by and distributions to owners	(1)	-	-	(1)
At 30 November 2025	8	1,599	(1,002,441)	(1,000,834)

5

Gangbusters Ltd
Notes to the Financial Statements
For the year ended 30 November 2025

General Information

Gangbusters Ltd is a private company, limited by shares, registered in England and Wales, registration number 11701474, registration address 7 Bell Yard, London, WC2A 2JR.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Government grants

Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

25% Reducing Balance

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 1 (2024 : 2).

3.

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 December 2024	142	4,705	4,847
Additions	-	-	-
Disposals	-	-	-
At 30 November 2025	142	4,705	4,847
Depreciation
At 01 December 2024	45	1,240	1,285
Charge for year	20	729	749
On disposals	-	-	-
At 30 November 2025	65	1,969	2,034
Net book values
Closing balance as at 30 November 2025	77	2,736	2,813
Opening balance as at 01 December 2024	97	3,465	3,562

4.

Debtors: amounts falling due within one year

	2025 £	2024 £
Corporation Tax	29,715	41,798
VAT	182	183
	29,897	41,981

5.

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	345	363
PAYE & Social Security	1,698	3,124
Accrued Expenses	8,685	0
Other Creditors	(2)	1
Wages & Salaries Control Account	1,007	0
Directors' Current Accounts	5,722	562
	17,455	4,050

6.

Creditors: amount falling due after more than one year

	2025 £		2024 £
Investment	1,115,652		1,115,652
	1,115,652		1,115,652

7.

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	703		890
	703		890

8.

Share Premium Account

	2025 £		2024 £
Equity Share Premium b/fwd	1,599		1,599
	1,599		1,599

6

Registered Number: 11701474
England and Wales
GANGBUSTERS LTD

Unaudited Financial Statements

Period of accounts Start date: 01 December 2024 End date: 30 November 2025