IRIS Accounts Production v23.3.0.418 13999736 director 24.3.22 31.3.23 31.3.23 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh139997362022-03-23139997362023-03-31139997362022-03-242023-03-31139997362022-03-2313999736ns10:Originalns15:EnglandWales2022-03-242023-03-3113999736ns14:PoundSterlingns10:Original2022-03-242023-03-3113999736ns10:Originalns10:Director12022-03-242023-03-3113999736ns10:Original2022-03-242023-03-3113999736ns10:Original2023-03-3113999736ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-242023-03-3113999736ns10:Originalns10:SmallEntities2022-03-242023-03-3113999736ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-242023-03-3113999736ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-242023-03-3113999736ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-242023-03-3113999736ns10:Originalns10:FullAccounts2022-03-242023-03-3113999736ns10:Originalns10:RegisteredOffice2022-03-242023-03-3113999736ns10:Originalns5:CurrentFinancialInstruments2023-03-3113999736ns10:Originalns5:Non-currentFinancialInstruments2023-03-3113999736ns5:ShareCapitalns10:Original2023-03-3113999736ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3113999736ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3113999736ns5:Securedns10:Original2023-03-31
REGISTERED NUMBER: 13999736 (England and Wales)













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: Mr D Graham





REGISTERED OFFICE: Suite 302 Reaver House
12 East Street
Epsom
Surrey
KT17 1HX





REGISTERED NUMBER: 13999736 (England and Wales)





ACCOUNTANTS: Carston Chartered 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 4 400,346

CURRENT ASSETS
Debtors 5 2,465
Cash at bank 7,002
9,467
CREDITORS
Amounts falling due within one year 6 29,111
NET CURRENT LIABILITIES (19,644 )
TOTAL ASSETS LESS CURRENT LIABILITIES 380,702

CREDITORS
Amounts falling due after more than one
year

7

388,095
NET LIABILITIES (7,393 )

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings (7,394 )
(7,393 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

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


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 November 2023 and were signed by:





Mr D Graham - Director


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 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.

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 400,346
At 31 March 2023 400,346
NET BOOK VALUE
At 31 March 2023 400,346

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£
Other debtors 2,465

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£
Other creditors 29,111

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 264,495
Other creditors 123,600
388,095

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 264,495

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.