REGISTERED NUMBER: |
COLLEGE GATE PROPERTIES LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 24 MARCH 2022 TO 31 MARCH 2023 |
REGISTERED NUMBER: |
COLLEGE GATE PROPERTIES LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 24 MARCH 2022 TO 31 MARCH 2023 |
COLLEGE GATE PROPERTIES LIMITED (REGISTERED NUMBER: 13999736) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 24 MARCH 2022 TO 31 MARCH 2023 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
COLLEGE GATE PROPERTIES LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 24 MARCH 2022 TO 31 MARCH 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Tudor House |
16 Cathedral Road |
Cardiff |
CF11 9LJ |
COLLEGE GATE PROPERTIES LIMITED (REGISTERED NUMBER: 13999736) |
STATEMENT OF FINANCIAL POSITION |
31 MARCH 2023 |
Notes | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET LIABILITIES | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) |
( |
) |
The director acknowledges his 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. |
COLLEGE GATE PROPERTIES LIMITED (REGISTERED NUMBER: 13999736) |
STATEMENT OF FINANCIAL POSITION - continued |
31 MARCH 2023 |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
COLLEGE GATE PROPERTIES LIMITED (REGISTERED NUMBER: 13999736) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 24 MARCH 2022 TO 31 MARCH 2023 |
1. | STATUTORY INFORMATION |
College Gate Properties Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
Additions |
At 31 March 2023 |
NET BOOK VALUE |
At 31 March 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other creditors |
COLLEGE GATE PROPERTIES LIMITED (REGISTERED NUMBER: 13999736) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 24 MARCH 2022 TO 31 MARCH 2023 |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
£ |
Bank loans |
Other creditors |
Amounts falling due in more than five years: |
Repayable by instalments |
Bank loans more 5 yr by instal | 264,495 |
8. | SECURED DEBTS |
The following secured debts are included within creditors: |
£ |
Bank loans |
The bank loan balances relate to a loan from the The Mortgage Works (UK) PLC (Company Number: 02222856). |
The loan is secured by way of a fixed charge over all that property known as the 26 College Road, Bournemouth BH5 2DX. |