Company Registration No. 10978914 (England and Wales)
GATEWAY COMMUNITY LTD
Unaudited accounts
for the year ended 30 September 2023
GATEWAY COMMUNITY LTD
Unaudited accounts
Contents
GATEWAY COMMUNITY LTD
Company Information
for the year ended 30 September 2023
Directors
Doreen Sonje HESKETH-CALLAND
Colette MURRAY
Susan SEDDON
Company Number
10978914 (England and Wales)
Registered Office
Hallmark House
Waterloo Road
Widnes
WA8 0QR
Accountants
Henshaws Accountants
Office 7
37-39 Shakespeare Street
Southport
PR8 5AB
GATEWAY COMMUNITY LTD
Statement of financial position
as at 30 September 2023
Tangible assets
2,168
1,522
Cash at bank and in hand
13,906
7,926
Creditors: amounts falling due within one year
(6,118)
(13,964)
Net current assets/(liabilities)
9,828
(3,858)
Total assets less current liabilities
11,996
(2,336)
Creditors: amounts falling due after more than one year
(9,600)
(9,600)
Net assets/(liabilities)
2,396
(11,936)
Profit and loss account
2,396
(11,936)
Members' funds
2,396
(11,936)
For the year ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 November 2023 and were signed on its behalf by
Doreen Sonje HESKETH-CALLAND
Director
Company Registration No. 10978914
GATEWAY COMMUNITY LTD
Notes to the Accounts
for the year ended 30 September 2023
GATEWAY COMMUNITY LTD is a private company, limited by guarantee, registered in England and Wales, registration number 10978914. The registered office is Hallmark House, Waterloo Road, Widnes, WA8 0QR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Reducing Balance
Government grants & other grants
Grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The following grants were received for expenditure incurred during the year.
Lottery Awards for all £10,000
Heritage Lottery Fund £10,000
John Moores University £7,000
Halton Foundation £1,000
WEA gov grant £9,339
Trusthouse Grant £7,509
GATEWAY COMMUNITY LTD
Notes to the Accounts
for the year ended 30 September 2023
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2022
-
2,262
2,262
At 30 September 2023
75
3,564
3,639
At 1 October 2022
-
740
740
Charge for the year
25
706
731
At 30 September 2023
25
1,446
1,471
At 30 September 2023
50
2,118
2,168
At 30 September 2022
-
1,522
1,522
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
4,604
13,821
Taxes and social security
1,514
143
7
Creditors: amounts falling due after more than one year
2023
2022
8
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
9
Average number of employees
During the year the average number of employees was 7 (2022: 6).