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Registered Number: 13453660
England and Wales

 

 

 

GAMBIT SEARCH LIMITED



Unaudited Financial Statements
 


Period of accounts

Start date: 01 January 2025

End date: 31 December 2025
Directors Adam Silver
Jahmmal Thomas
Registered Number 13453660
Registered Office 128 City Road
London
EC1V 2NX
Accountants Cypher
Monkswell
Little Baldon
Oxford
OX44 9PU
1
Accountants report

You consider that the company is exempt from an audit for the year ended 31 December 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. 



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

Cypher

Monkswell
Little Baldon
Oxford
OX44 9PU
02 September 2026
2
 
 
Notes
 
2025
£
  2024
£
Fixed assets      
Intangible fixed assets 3 985    2,463 
Tangible fixed assets 4 2,435    1,447 
3,420    3,910 
Current assets      
Debtors 5 303,480    283,296 
Cash at bank and in hand 162,797    210,035 
466,277    493,331 
Creditors: amount falling due within one year 6 (109,745)   (120,211)
Net current assets 356,532    373,120 
 
Total assets less current liabilities 359,952    377,030 
Provisions for liabilities 7 (1,176)   (412)
Net assets 358,776    376,618 
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account 358,676    376,518 
Shareholders' funds 358,776    376,618 
 


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

Directors' 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 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 02 September 2026 and were signed on its behalf by:


-------------------------------
Adam Silver
Director
-------------------------------
Jahmmal Thomas
Director
3
General Information
Gambit Search Limited is a private company, limited by shares, registered in England and Wales, registration number 13453660, registration address 128 City Road, London, EC1V 2NX.

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.
Name Percentage
£
Website Development (Straight Line amortisation)20 




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:
Motor Vehicles 25% Reducing Balance
Fixtures and Fittings 25% Straight Line
Computer Equipment 33.33% Straight Line
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 7 (2024 : 6).
3.

Intangible fixed assets

Cost Website Development   Total
  £   £
At 01 January 2025 7,390    7,390 
Additions  
Disposals  
At 31 December 2025 7,390    7,390 
Amortisation
At 01 January 2025 4,927    4,927 
Charge for year 1,478    1,478 
On disposals  
At 31 December 2025 6,405    6,405 
Net book values
At 31 December 2025 985    985 
At 31 December 2024 2,463    2,463 


4.

Tangible fixed assets

Cost or valuation Motor Vehicles   Fixtures and Fittings   Computer Equipment   Total
  £   £   £   £
At 01 January 2025   1,057    4,754    5,811 
Additions 1,082      1,167    2,249 
Disposals      
At 31 December 2025 1,082    1,057    5,921    8,060 
Depreciation
At 01 January 2025   519    3,845    4,364 
Charge for year 45    252    964    1,261 
On disposals      
At 31 December 2025 45    771    4,809    5,625 
Net book values
Closing balance as at 31 December 2025 1,037    286    1,112    2,435 
Opening balance as at 01 January 2025   538    909    1,447 


5.

Debtors: amounts falling due within one year

2025
£
  2024
£
Trade Debtors 21,888    61,049 
Prepayments 2,095    360 
Accrued Income 261,617    204,007 
Other Debtors 17,880    17,880 
303,480    283,296 

6.

Creditors: amount falling due within one year

2025
£
  2024
£
Trade Creditors 1,414   
Corporation Tax 50,416    58,135 
PAYE & Social Security 6,877    1,631 
Accrued Expenses 2,750   
Other Creditors   11,280 
Credit Card 14,444    13,620 
Directors' Loan Account - J Thomas 10,919    139 
Directors' Loan Account - A Silver 624   
VAT 22,301    35,406 
109,745    120,211 

7.

Provisions for liabilities

2025
£
  2024
£
Pension Provisions 1,176    412 
1,176    412 

4