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Registration number: 04380545

Gekko Partners Ltd.

Annual Report and Consolidated Financial Statements

for the Year Ended 31 March 2026

 

Gekko Partners Ltd.

Contents

Company Information

1

Strategic Report

2

Director's Report

3

Statement of Director's Responsibilities

4

Independent Auditor's Report

5 to 7

Consolidated Profit and Loss Account

8

Consolidated Balance Sheet

9

Balance Sheet

10

Consolidated Statement of Changes in Equity

11

Statement of Changes in Equity

12

Consolidated Statement of Cash Flows

13

Notes to the Financial Statements

14 to 24

 

Gekko Partners Ltd.

Company Information

Director

D Todaro

Registered office

2 Old Bath Road
Newbury
Berkshire
RG14 1QL

Auditors

UHY Ross Brooke
Chartered Accountants and Registered Auditors2 Old Bath Road
Newbury
Berkshire
RG14 1QL

 

Gekko Partners Ltd.

Strategic Report for the Year Ended 31 March 2026

The director presents his strategic report for the year ended 31 March 2026.

Principal activity

The principal activity of the group is the provision of field marketing services.

Fair review of the business including principal risks and uncertainties:

Against a backdrop of broader market instability and budget uncertainty across the marketing sector during FY 25/26, the group demonstrated resilience, holding its market position and delivering revenue growth.

Profitability during the period was temporarily impacted by extraordinary factors—specifically, the costs and resource allocation associated with an aborted merger process and the execution of a share buyback scheme. Having concluded these processes, the group remains firmly focused on its established position as an independent agency.

Despite these challenges, core client retention remained high, and the business successfully acquired new accounts. Growth was further driven by expanding service lines beyond the group’s traditional core offerings, successfully attracting new revenue streams and brands into the business.

Staff retention remained exceptionally high with low attrition. Retaining key talent ensures the operational stability and expertise necessary to deliver a healthier financial future following an unprecedented period in the group's history.

Key risks and uncertainties

The group is currently experiencing a macroeconomic environment where inflation rates are increasing, putting upward pressure on operating overheads, temporarily compressing net margins. This pressure is compounded by rising statutory charges and regulationary costs which cannot be passed on to clients in all cases, requiring the group to absorb additional costs internally. To ensure the group remains in a robust position, the Directors have initiated comprehensive reviews in order to identify efficiency gains and to ensure billing rates align more closely with inflationary increases.

Financial key performance indicators:

Management maintains a disciplined focus on key metrics to protect profitability and drive sustainable growth. Primary focus areas include:

Gross Margin Maintenance: Continual monitoring of service delivery costs to safeguard project profitability.

Client Performance KPIs: Strict adherence to service-level agreements (SLAs) to drive retention and lifetime account value.

Human Capital & ESG: Enhanced focus on employee development and support, alongside ongoing environmental policies and initiatives.

Approved and authorised by the director on 23 September 2026
 

.........................................
D Todaro
Director

 

Gekko Partners Ltd.

Director's Report for the Year Ended 31 March 2026

The director presents his report and the for the year ended 31 March 2026.

Director of the group

The director who held office during the year was as follows:

D Todaro

Disclosure of information to the auditor

The director has taken steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditor is aware of that information. The director confirms that there is no relevant information that he knows of and of which he knows the auditor is unaware.

Principal activity

The principal activity of the company is the provision of field marketing services.

Approved and authorised by the director on 23 September 2026
 

.........................................
D Todaro
Director

 

Gekko Partners Ltd.

Statement of Director's Responsibilities

The director acknowledges his responsibilities for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has 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 director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the group and the company and of the profit or loss of the group for that period. In preparing these financial statements, the director is required to:

•

select suitable accounting policies and apply them consistently;

•

make judgements and accounting estimates that are reasonable and prudent;

•

state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

•

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the group's and the company's transactions and disclose with reasonable accuracy at any time the financial position of the group and the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the group and the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

 

Gekko Partners Ltd.

Independent Auditor's Report to the Members of Gekko Partners Ltd.

Opinion

We have audited the financial statements of Gekko Partners Ltd. (the 'parent company') and its subsidiaries (the 'group') for the year ended 31 March 2026, which comprise the Consolidated Profit and Loss Account, Consolidated Balance Sheet, Balance Sheet, Consolidated Statement of Changes in Equity, Statement of Changes in Equity, Consolidated Statement of Cash Flows, and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

•

give a true and fair view of the state of the group's and the parent company's affairs as at 31 March 2026 and of the group's profit for the year then ended;

•

have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

•

have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.

Our responsibilities and the responsibilities of the director with respect to going concern are described in the relevant sections of this report.

Other information

The director is responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinion on other matter prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

 

Gekko Partners Ltd.

Independent Auditor's Report to the Members of Gekko Partners Ltd.

•

the information given in the Strategic Report and Director's Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

•

the Strategic Report and Director's Report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report and the Director's Report.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

•

adequate accounting records have not been kept by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or

•

the parent company financial statements are not in agreement with the accounting records and returns; or

•

certain disclosures of director's remuneration specified by law are not made; or

•

we have not received all the information and explanations we require for our audit.

Responsibilities of the director

As explained more fully in the Statement of Director's Responsibilities [set out on page 4], the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the director is responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the director either intends to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor Responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Detecting irregularities, including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. As such, we have considered:

 

Gekko Partners Ltd.

Independent Auditor's Report to the Members of Gekko Partners Ltd.

• the nature of the industry and sector, control environment and business performance including the company's remuneration policy, bonus levels, and performance targets;
• the company's own assessment, including assessments made by key management, of the risks that irregularities may occur either as a result of fraud or error;
• any matters we identified having reviewed the company's policies and procedures relating to:

- identifying, evaluating and complying with laws and regulations and whether they were aware of any instances of non-compliance;
- detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud; and
- the internal controls established to mitigate risks of fraud or non-compliance with laws and regulations;

• the matters discussed amongst the audit engagement team.

As a result of these procedures, we considered the opportunities and incentives that may exist within the organisation for fraud and identified the greatest potential for fraud in the areas in which management is required to exercise significant judgement, such as the disclosure of adjusting items. In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override.

We also obtained an understanding of the legal and regulatory framework that the company operates in, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context were the Companies Act, tax legislation and regulations concerning importing and exporting to and from the UK.

Use of our report

This report is made solely to the company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

......................................
Emily Ness BFP FCA (Senior Statutory Auditor)
For and on behalf of UHY Ross Brooke, Statutory Auditor
 2 Old Bath Road
Newbury
Berkshire
RG14 1QL

25 September 2026

 

Gekko Partners Ltd.

Consolidated Profit and Loss Account for the Year Ended 31 March 2026

Note

2026
£

2025
£

Turnover

3

14,704,931

13,151,735

Cost of sales

 

(11,365,773)

(10,251,134)

Gross profit

 

3,339,158

2,900,601

Administrative expenses

 

(2,705,329)

(2,756,368)

Operating profit

4

633,829

144,233

Other interest receivable and similar income

5

3,173

4,722

Exceptional administrative expenses

 

-

(83,820)

Interest payable and similar expenses

(522)

-

   

2,651

(79,098)

Profit before tax

 

636,480

65,135

Tax on profit

9

(182,655)

(21,041)

Profit for the financial year

 

453,825

44,094

Profit/(loss) attributable to:

 

Owners of the company

 

453,825

44,094

The group has no recognised gains or losses for the year other than the results above.

 

Gekko Partners Ltd.

(Registration number: 04380545)
Consolidated Balance Sheet as at 31 March 2026

Note

2026
£

2025
£

Fixed assets

 

Tangible assets

10

56,437

81,371

Current assets

 

Debtors

12

1,270,273

1,297,293

Cash at bank and in hand

 

1,423,010

548,052

 

2,693,283

1,845,345

Creditors: Amounts falling due within one year

14

(1,528,051)

(918,872)

Net current assets

 

1,165,232

926,473

Total assets less current liabilities

 

1,221,669

1,007,844

Provisions for liabilities

15

(18,102)

(18,102)

Net assets

 

1,203,567

989,742

Capital and reserves

 

Called up share capital

17

421

421

Capital redemption reserve

579

579

Retained earnings

1,202,567

988,742

Equity attributable to owners of the company

 

1,203,567

989,742

Shareholders' funds

 

1,203,567

989,742

Approved and authorised by the director on 23 September 2026
 

.........................................
D Todaro
Director

 

Gekko Partners Ltd.

(Registration number: 04380545)
Balance Sheet as at 31 March 2026

Note

2026
£

2025
£

Fixed assets

 

Tangible assets

10

56,251

80,686

Investments

11

188

188

 

56,439

80,874

Current assets

 

Debtors

12

963,456

1,017,706

Cash at bank and in hand

 

542,208

251,748

 

1,505,664

1,269,454

Creditors: Amounts falling due within one year

14

(1,044,180)

(850,591)

Net current assets

 

461,484

418,863

Total assets less current liabilities

 

517,923

499,737

Provisions for liabilities

15

(17,931)

(17,931)

Net assets

 

499,992

481,806

Capital and reserves

 

Called up share capital

17

421

421

Capital redemption reserve

579

579

Retained earnings

498,992

480,806

Shareholders' funds

 

499,992

481,806

The company made a profit after tax for the financial year of £258,186 (2025 - profit of £1,350,505).

Approved and authorised by the director on 23 September 2026
 

.........................................
D Todaro
Director

 

Gekko Partners Ltd.

Consolidated Statement of Changes in Equity for the Year Ended 31 March 2026
Equity attributable to the parent company

Share capital
£

Capital redemption reserve
£

Retained earnings
£

Total
£

Total equity
£

At 1 April 2024

700

300

2,010,651

2,011,651

2,011,651

Profit for the year

-

-

44,094

44,094

44,094

Dividends

-

-

(266,003)

(266,003)

(266,003)

Purchase of own share capital

(279)

-

(800,000)

(800,279)

(800,279)

Other capital redemption reserve movements

-

279

-

279

279

At 31 March 2025

421

579

988,742

989,742

989,742

Share capital
£

Capital redemption reserve
£

Retained earnings
£

Total
£

Total equity
£

At 1 April 2025

421

579

988,742

989,742

989,742

Profit for the year

-

-

453,825

453,825

453,825

Dividends

-

-

(240,000)

(240,000)

(240,000)

At 31 March 2026

421

579

1,202,567

1,203,567

1,203,567

 

Gekko Partners Ltd.

Statement of Changes in Equity for the Year Ended 31 March 2026

Share capital
£

Capital redemption reserve
£

Retained earnings
£

Total
£

At 1 April 2024

700

300

196,304

197,304

Profit for the year

-

-

1,350,505

1,350,505

Dividends

-

-

(266,003)

(266,003)

Purchase of own share capital

(279)

-

(800,000)

(800,279)

Other capital redemption reserve movements

-

279

-

279

At 31 March 2025

421

579

480,806

481,806

Share capital
£

Capital redemption reserve
£

Retained earnings
£

Total
£

At 1 April 2025

421

579

480,806

481,806

Profit for the year

-

-

258,186

258,186

Dividends

-

-

(240,000)

(240,000)

At 31 March 2026

421

579

498,992

499,992

 

Gekko Partners Ltd.

Consolidated Statement of Cash Flows for the Year Ended 31 March 2026

Note

2026
£

2025
£

Cash flows from operating activities

Profit for the year

 

453,825

44,094

Adjustments to cash flows from non-cash items

 

Depreciation and amortisation

4

37,355

24,965

Finance income

5

(3,173)

(4,722)

Income tax expense

9

182,655

21,041

 

670,662

85,378

Working capital adjustments

 

Decrease in trade debtors

12

27,020

212,490

Increase/(decrease) in trade creditors

14

450,957

(918,980)

(Decrease)/increase in deferred income, including government grants

 

(12,134)

12,134

Cash generated from operations

 

1,136,505

(608,978)

Income taxes paid

9

(12,299)

(158,296)

Net cash flow from operating activities

 

1,124,206

(767,274)

Cash flows from investing activities

 

Interest received

3,173

4,722

Acquisitions of tangible assets

(12,421)

(74,068)

Net cash flows from investing activities

 

(9,248)

(69,346)

Cash flows from financing activities

 

Dividends paid

(240,000)

(266,003)

P&l reserve - Purchase of own shares

 

-

(800,000)

Net cash flows from financing activities

 

(240,000)

(1,066,003)

Net increase/(decrease) in cash and cash equivalents

 

874,958

(1,902,623)

Cash and cash equivalents at 1 April

 

548,052

2,450,675

Cash and cash equivalents at 31 March

 

1,423,010

548,052

 

Gekko Partners Ltd.

Notes to the Financial Statements for the Year Ended 31 March 2026

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL

The principal place of business is:
20-22 The Broadway
Newbury
Berkshire
RG14 1AU

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland and the Companies Act 2006'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Basis of consolidation

The consolidated financial statements consolidate the financial statements of the company and its subsidiary undertakings drawn up to 31 March 2026.

 

Gekko Partners Ltd.

Notes to the Financial Statements for the Year Ended 31 March 2026

A subsidiary is an entity controlled by the company. Control is achieved where the company has the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities.

The results of subsidiaries acquired or disposed of during the year are included in the Profit and Loss Account from the effective date of acquisition or up to the effective date of disposal, as appropriate. Where necessary, adjustments are made to the financial statements of subsidiaries to bring their accounting policies into line with those used by the group.

The purchase method of accounting is used to account for business combinations that result in the acquisition of subsidiaries by the group. The cost of a business combination is measured as the fair value of the assets given, equity instruments issued and liabilities incurred or assumed at the date of exchange, plus costs directly attributable to the business combination. Identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are measured initially at their fair values at the acquisition date. Any excess of the cost of the business combination over the acquirer’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities recognised is recorded as goodwill.

Inter-company transactions, balances and unrealised gains on transactions between the company and its subsidiaries, which are related parties, are eliminated in full.

Intra-group losses are also eliminated but may indicate an impairment that requires recognition in the consolidated financial statements.

Accounting policies of subsidiaries have been changed where necessary to ensure consistency with the policies adopted by the group. Non-controlling interests in the net assets of consolidated subsidiaries are identified separately from the group’s equity therein. Non-controlling interests consist of the amount of those interests at the date of the original business combination and the non-controlling shareholder’s share of changes in equity since the date of the combination.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax payable.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the group operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the consolidated financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

 

Gekko Partners Ltd.

Notes to the Financial Statements for the Year Ended 31 March 2026

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

25% of cost

Computer equipment

33.33% of cost

Fixtures and fittings

25% of cost

Leasehold improvements

over 10 years

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

 

Gekko Partners Ltd.

Notes to the Financial Statements for the Year Ended 31 March 2026

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the group’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the group has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Related party transactions

The company has taken advantage of exemptions conferred by Financial Reporting Standard 102 - Related Party Disclosures not to disclose transactions between wholly owned members of the same group.

3

Revenue

The analysis of the group's Turnover for the year from continuing operations is as follows:

2026
£

2025
£

Sale of goods and services

14,704,931

13,151,735

4

Operating profit

Arrived at after charging/(crediting)

2026
£

2025
£

Depreciation expense

37,355

24,965

Operating lease expense - plant and machinery

21,256

17,873

5

Other interest receivable and similar income

2026
£

2025
£

Interest income on bank deposits

3,173

4,722

 

Gekko Partners Ltd.

Notes to the Financial Statements for the Year Ended 31 March 2026

6

Staff costs

The aggregate payroll costs (including director's remuneration) were as follows:

2026
£

2025
£

Wages and salaries

8,099,113

7,808,721

Social security costs

863,184

598,266

Other short-term employee benefits

10,833

11,263

Pension costs, defined contribution scheme

57,877

44,333

Other employee expense

30,630

35,337

9,061,637

8,497,920

The average number of persons employed by the group (including the director) during the year, analysed by category was as follows:

2026
No.

2025
No.

Directors

1

2

Management, administration and support

279

327

280

329

7

Director's remuneration

The director's remuneration for the year was as follows:

2026
£

2025
£

Remuneration

132,000

217,800

Contributions paid to money purchase schemes

10,131

10,000

142,131

227,800

8

Auditors' remuneration

2026
£

2025
£

Audit of these financial statements

21,500

14,368


 

 

Gekko Partners Ltd.

Notes to the Financial Statements for the Year Ended 31 March 2026

9

Taxation

Tax charged/(credited) in the consolidated profit and loss account

2026
£

2025
£

Current taxation

UK corporation tax

182,655

9,901

Deferred taxation

Arising from origination and reversal of timing differences

-

11,140

Tax expense in the income statement

182,655

21,041

The tax on profit before tax for the year is higher than the standard rate of corporation tax in the UK (2025 - higher than the standard rate of corporation tax in the UK) of 25% (2025 - 25%).

The differences are reconciled below:

2026
£

2025
£

Profit before tax

636,480

65,135

Corporation tax at standard rate

159,120

16,284

Tax increase from effect of capital allowances and depreciation

6,179

6,241

Effect of expense not deductible in determining taxable profit (tax loss)

15,150

4,370

Tax increase/(decrease) from other tax effects

2,206

(5,854)

Total tax charge

182,655

21,041

 

Gekko Partners Ltd.

Notes to the Financial Statements for the Year Ended 31 March 2026

10

Tangible assets

Group

Short leasehold land and buildings
£

Fixtures and fittings and equipment
£

Total
£

Cost or valuation

At 1 April 2025

33,628

279,360

312,988

Additions

-

12,421

12,421

At 31 March 2026

33,628

291,781

325,409

Depreciation

At 1 April 2025

28,323

203,294

231,617

Charge for the year

3,363

33,992

37,355

At 31 March 2026

31,686

237,286

268,972

Carrying amount

At 31 March 2026

1,942

54,495

56,437

At 31 March 2025

5,305

76,066

81,371

Included within the net book value of land and buildings above is £Nil (2025 - £Nil) in respect of long leasehold land and buildings and £1,942 (2025 - £5,305) in respect of short leasehold land and buildings.
 

 

Gekko Partners Ltd.

Notes to the Financial Statements for the Year Ended 31 March 2026

Company

Land and buildings
£

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 April 2025

33,628

270,848

304,476

Additions

-

12,421

12,421

At 31 March 2026

33,628

283,269

316,897

Depreciation

At 1 April 2025

28,323

195,467

223,790

Charge for the year

3,363

33,493

36,856

At 31 March 2026

31,686

228,960

260,646

Carrying amount

At 31 March 2026

1,942

54,309

56,251

At 31 March 2025

5,305

75,381

80,686

Included within the net book value of land and buildings above is £Nil (2025 - £Nil) in respect of long leasehold land and buildings and £1,942 (2025 - £5,305) in respect of short leasehold land and buildings.
 

11

Investments

Company

2026
£

2025
£

Investments in subsidiaries

188

188

Subsidiaries

£

Cost or valuation

At 1 April 2025

188

Provision

Carrying amount

At 31 March 2026

188

At 31 March 2025

188

 

Gekko Partners Ltd.

Notes to the Financial Statements for the Year Ended 31 March 2026

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows, all subsidiary undertakings are consolidated:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

     

2026

2025

Subsidiary undertakings

Gekko Field Marketing Limited

The Black Church,
St. Mary's Place,
Dublin 7
D07 P4AX

Ordinary

100%

100%

 

Ireland

     

G2 Field Marketing Limited

2 Old Bath Road
Newbury
Berkshire
RG14 1QL

Ordinary

100%

100%

 

England

     

Subsidiary undertakings

Gekko Field Marketing Limited

The principal activity of Gekko Field Marketing Limited is that of a marketing agency.

G2 Field Marketing Limited

The principal activity of G2 Field Marketing Limited is that of a marketing agency.

12

Debtors

   

Group

Company

Current

Note

2026
£

2025
£

2026
£

2025
£

Trade debtors

 

1,124,082

1,196,915

766,169

933,642

Amounts owed by related parties

-

-

68,518

-

Other debtors

 

16,112

6,901

14,073

5,568

Prepayments

 

130,079

93,477

114,696

78,496

   

1,270,273

1,297,293

963,456

1,017,706

13

Cash and cash equivalents

 

Group

Company

2026
£

2025
£

2026
£

2025
£

Cash at bank

1,423,010

548,052

542,208

251,748

 

Gekko Partners Ltd.

Notes to the Financial Statements for the Year Ended 31 March 2026

14

Creditors

   

Group

Company

Note

2026
£

2025
£

2026
£

2025
£

Due within one year

 

Trade creditors

 

488,271

357,860

421,910

303,281

Amounts due to related parties

-

-

43,147

143,169

Social security and other taxes

 

569,675

433,814

323,193

321,515

Outstanding defined contribution pension costs

 

-

2,294

-

2,097

Other payables

 

30,873

9,686

22,366

9,686

Accruals

 

256,577

90,785

121,841

60,297

Income tax liability

9

182,655

12,299

111,723

10,546

Deferred income

 

-

12,134

-

-

 

1,528,051

918,872

1,044,180

850,591

15

Provisions for liabilities

Group

Deferred tax
£

Total
£

At 1 April 2025

18,102

18,102

At 31 March 2026

18,102

18,102

Company

Deferred tax
£

Total
£

At 1 April 2025

17,931

17,931

At 31 March 2026

17,931

17,931

 

Gekko Partners Ltd.

Notes to the Financial Statements for the Year Ended 31 March 2026

16

Pension and other schemes

Defined contribution pension scheme

The group operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the group to the scheme and amounted to £57,877 (2025 - £44,333).

Contributions totalling £Nil (2025 - £2,294) were payable to the scheme at the end of the year and are included in creditors.

17

Share capital

Allotted, called up and fully paid shares

2026

2025

No.

£

No.

£

Ordinary shares of £1 each

421

421

421

421

       

18

Dividends

 

2026
£

2025
£

Interim dividend

240,000

266,003

     

19

Commitments

Group

Capital commitments

The total amount contracted for but not provided in the financial statements was £168,175 (2025 - £640,008).

Company

Commitments

The total amount contracted for but not provided in the financial statements was £158,017 (2025 - £530,203).