REGISTERED NUMBER: 12046323 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

GAP TALENT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

T Gallagher

I C Woodthorpe

Registered office:

Gap Talent House

Building 2

Guildford Business Park

Guildford

Surrey

GU2 8XG

Registered number:

12046323 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Tangible assets

4

-

71

Current assets

Debtors

5

468,871

527,663

Cash at bank

188,876

453,760

657,747

981,423

Creditors

Amounts falling due within one year

6

(132,204

)

(259,134

)

Net current assets

525,543

722,289

Total assets less current liabilities

525,543

722,360

Provisions for liabilities

-

(18

)

Net assets

525,543

722,342

Capital and reserves

Called up share capital

8

100

100

Retained earnings

9

525,443

722,242

525,543

722,342

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 September 2026 and were signed on its behalf by:

I C Woodthorpe - Director

1.	Statutory information

Gap Talent Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

Straight line over 3 years

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 5 (2024 - 5 ) .

4.	Tangible fixed assets

Computer

equipment

£

Cost

At 1 January 2025

and 31 December 2025

7,088

Depreciation

At 1 January 2025

7,017

Charge for year

71

At 31 December 2025

7,088

Net book value

At 31 December 2025

-

At 31 December 2024

71

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

124,417

52,436

Other debtors

344,454

475,227

468,871

527,663

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

3,494

13,294

Taxation and social security

122,699

238,589

Other creditors

6,011

7,251

132,204

259,134

7.	Secured debts

There is a fixed and floating charge over the property and undertakings of the company.

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

Value:

£

£

70

A Ordinary share

£1

70

70

30

B Ordinary share

£1

30

30

100

100

9.

Reserves

Retained

earnings

£

At 1 January 2025

722,242

Deficit for the year

(28,078

)

Dividends

(168,721

)

At 31 December 2025

525,443

10.	Related party disclosures

At the year end date the company was owed £240,864 by the directors (2024 - £330,659). This amount is repayable on demand.