Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activitytruefalse1true2022-01-011 11431626 2022-01-01 2022-12-31 11431626 2021-01-01 2021-12-31 11431626 2022-12-31 11431626 2021-12-31 11431626 c:Director1 2022-01-01 2022-12-31 11431626 d:CurrentFinancialInstruments 2022-12-31 11431626 d:CurrentFinancialInstruments 2021-12-31 11431626 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 11431626 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 11431626 d:ShareCapital 2022-12-31 11431626 d:ShareCapital 2021-12-31 11431626 d:RetainedEarningsAccumulatedLosses 2022-12-31 11431626 d:RetainedEarningsAccumulatedLosses 2021-12-31 11431626 c:OrdinaryShareClass1 2022-01-01 2022-12-31 11431626 c:OrdinaryShareClass1 2022-12-31 11431626 c:OrdinaryShareClass1 2021-12-31 11431626 c:FRS102 2022-01-01 2022-12-31 11431626 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 11431626 c:FullAccounts 2022-01-01 2022-12-31 11431626 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 11431626 6 2022-01-01 2022-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11431626









GATEVILLE GROUP LIMITED








FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2022

 
GATEVILLE GROUP LIMITED
REGISTERED NUMBER: 11431626

BALANCE SHEET
AS AT 31 DECEMBER 2022

2022
2021
Note
£
£

Fixed assets
  

Investments
 4 
1,114
2,214

  
1,114
2,214

Current assets
  

Debtors: amounts falling due within one year
  
1,500
-

Cash at bank and in hand
  
190
153

  
1,690
153

Creditors: amounts falling due within one year
 6 
(2,592)
(1,964)

Net current liabilities
  
 
 
(902)
 
 
(1,811)

Total assets less current liabilities
  
212
403

  

Net assets
  
212
403

Page 1

 
GATEVILLE GROUP LIMITED
REGISTERED NUMBER: 11431626
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2022

2022
2021
Note
£
£

Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
112
303

  
212
403


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 4 September 2023.




M B Catargiu
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
GATEVILLE GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1.


General information

Gateville Group Ltd is a private company limited by shares incorporated in England and Wales,  registration number 11431626 . The registered office and principal place of business is 1 Bermer Place, Unit 1, Imperial Way, Watford, Herts, WD24 4AY.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Impairment of fixed assets and goodwill

Assets that are subject to depreciation or amortisation are assessed at each balance sheet date to determine whether there is any indication that the assets are impaired. Where there is any indication that an asset may be impaired, the carrying value of the asset (or cash-generating unit to which the asset has been allocated) is tested for impairment. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset's (or CGU's) fair value less costs to sell and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (CGUs). Non-financial assets that have been previously impaired are reviewed at each balance sheet date to assess whether there is any indication that the impairment losses recognised in prior periods may no longer exist or may have decreased.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 3

 
GATEVILLE GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Impairment of financial assets

Financial assets are assessed for indicators of impairment at each reporting date. 

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2021 - 1).

Page 4

 
GATEVILLE GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2022
2,214


Amounts written off
(1,100)



At 31 December 2022
1,114





5.


Debtors

2022
2021
£
£


Amounts owed by group undertakings
1,500
-

1,500
-



6.


Creditors: Amounts falling due within one year

2022
2021
£
£

Amounts owed to group undertakings
2,532
1,904

Other creditors
60
60

2,592
1,964



7.


Share capital

2022
2021
£
£
Allotted, called up and fully paid



100 (2021 - 100) Ordinary shares of £1.00 each
100
100


 
Page 5