REGISTERED NUMBER: 04441361 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

GEMINI PROTOTYPING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R E Pike

Mrs T V Pike

SECRETARY:

Mrs T V Pike

REGISTERED OFFICE:

Unit 20, Wornal Park

Menmarsh Road

Worminghall

Buckinghamshire

HP18 9JX

REGISTERED NUMBER:

04441361 (England and Wales)

ACCOUNTANTS:

Partridges Accountancy Services Limited

Chartered Certified Accountants

2nd Floor - Robert House

19 Station Road

Chinnor

Oxfordshire

OX39 4PU

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

659,352

655,632

659,352

655,632

CURRENT ASSETS

Stocks

170,984

82,902

Debtors

6

680,197

591,274

Cash at bank and in hand

191,191

349,459

1,042,372

1,023,635

CREDITORS

Amounts falling due within one year

7

296,592

276,385

NET CURRENT ASSETS

745,780

747,250

TOTAL ASSETS LESS CURRENT LIABILITIES

1,405,132

1,402,882

PROVISIONS FOR LIABILITIES

124,823

124,017

NET ASSETS

1,280,309

1,278,865

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,280,209

1,278,765

SHAREHOLDERS' FUNDS

1,280,309

1,278,865

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 April 2026 and were signed on its behalf by:

R E Pike - Director

1.	STATUTORY INFORMATION

Gemini Prototyping Limited 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 27 (2024 - 24 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

260,000

AMORTISATION

At 1 January 2025

and 31 December 2025

260,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

1,802,322

Additions

145,190

At 31 December 2025

1,947,512

DEPRECIATION

At 1 January 2025

1,146,690

Charge for year

141,470

At 31 December 2025

1,288,160

NET BOOK VALUE

At 31 December 2025

659,352

At 31 December 2024

655,632

6.

DEBTORS

31.12.25

31.12.24

£

£

Amounts falling due within one year:

Trade debtors

253,116

259,514

Amounts owed by group undertakings

70,626

76,615

Other debtors

139,572

39,190

463,314

375,319

Amounts falling due after more than one year:

Amounts owed by group undertakings

216,883

215,955

Aggregate amounts

680,197

591,274

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

75,618

54,522

Taxation and social security

183,728

156,687

Other creditors

37,246

65,176

296,592

276,385

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date Mr R Pike, the director of the company, owed £102,160 (31.12.2024 £0) to the company. This loan is interest free and fully repaid within 9 months of the year end.