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Registered Number: 14371903


 

 

 

GIT TECHNOLOGIES LTD



Abridged Accounts
 


Period of accounts

Start date: 01 December 2024

End date: 30 November 2025
Report to the directors on the preparation of the unaudited statutory accounts of GIT TECHNOLOGIES LTD for the year ended 30 November 2025.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of GIT TECHNOLOGIES LTD for the year ended 30 November 2025 which comprise of 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 company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/.
This report is made solely to the Board of Directors of GIT TECHNOLOGIES LTD, as a body, in accordance with the terms of our engagement letter dated 19 August 2025. Our work has been undertaken solely to prepare for your approval the accounts of GIT TECHNOLOGIES LTD and state those matters that we have agreed to state to the Board of Directors of GIT TECHNOLOGIES LTD, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than GIT TECHNOLOGIES LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that GIT TECHNOLOGIES LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of GIT TECHNOLOGIES LTD. You consider that GIT TECHNOLOGIES LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of GIT TECHNOLOGIES LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts
30 November 2025.



....................................................
RAGAVAN AND CO LTD
CHARTERED CERTIFIED ACCOUNTANTS
240 GROVE LANE
BIRMINGHAM
WEST MIDLANDS
B20 2EY
17 August 2026
1
 
 
Notes
 
2025
£
  2024
£
Fixed assets      
Intangible fixed assets 3 17,750   
Tangible fixed assets 4 654    872 
18,404    872 
Current assets      
Debtors 4,029    154 
Cash at bank and in hand 250    210 
4,279    364 
Creditors: amount falling due within one year (22,371)   (1,237)
Net current assets (18,092)   (873)
 
Total assets less current liabilities 312    (1)
Net assets 312    (1)
 

Capital and reserves
     
Called up share capital 5 10    10 
Profit and loss account 302    (11)
Shareholders' funds 312    (1)
 


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.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 17 August 2026 and were signed by:


-------------------------------
Malathi BADARALA
Director
2
General Information
GIT TECHNOLOGIES LTD is a private company, limited by shares, registered in , registration number 14371903, registration address 5 GRAYSON MEWS, BEESTON, NOTTINGHAM, NOTTINGHAMSHIRE, NG9 6RU.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Computer software development costs
Development costs of computer software are capitalised once a detailed program design has been established and are amortised on a straight line basis over years.
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 0 (2024 : 0).
3.

Intangible fixed assets

Cost Other   Total
  £   £
At 01 December 2024  
Additions 17,750    17,750 
Disposals  
At 30 November 2025 17,750    17,750 
Amortisation
At 01 December 2024  
Charge for year  
On disposals  
At 30 November 2025  
Net book values
At 30 November 2025 17,750    17,750 
At 30 November 2024  


4.

Tangible fixed assets

Cost or valuation Computer Equipment   Total
  £   £
At 01 December 2024 1,642    1,642 
Additions  
Disposals  
At 30 November 2025 1,642    1,642 
Depreciation
At 01 December 2024 770    770 
Charge for year 218    218 
On disposals  
At 30 November 2025 988    988 
Net book values
Closing balance as at 30 November 2025 654    654 
Opening balance as at 01 December 2024 872    872 


5.

Share Capital

Allotted, called up and fully paid
2025
£
  2024
£
10 Class A shares of £1.00 each 10    10 
10    10 

3