IRIS Accounts Production v24.1.0.578 08026607 director 1.1.23 31.12.23 31.12.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh080266072022-12-31080266072023-12-31080266072023-01-012023-12-31080266072021-12-31080266072022-01-012022-12-31080266072022-12-3108026607ns15:EnglandWales2023-01-012023-12-3108026607ns14:PoundSterling2023-01-012023-12-3108026607ns10:Director12023-01-012023-12-3108026607ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3108026607ns10:SmallEntities2023-01-012023-12-3108026607ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3108026607ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3108026607ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3108026607ns10:FullAccounts2023-01-012023-12-3108026607ns10:OrdinaryShareClass12023-01-012023-12-3108026607ns10:CompanySecretary12023-01-012023-12-3108026607ns10:RegisteredOffice2023-01-012023-12-3108026607ns5:CurrentFinancialInstruments2023-12-3108026607ns5:CurrentFinancialInstruments2022-12-3108026607ns5:ShareCapital2023-12-3108026607ns5:ShareCapital2022-12-3108026607ns5:RetainedEarningsAccumulatedLosses2023-12-3108026607ns5:RetainedEarningsAccumulatedLosses2022-12-3108026607ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3108026607ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3108026607ns10:OrdinaryShareClass12023-12-31
REGISTERED NUMBER: 08026607 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Gunnergate Limited

Gunnergate Limited (Registered number: 08026607)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Gunnergate Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: S Evershed





SECRETARY: Mrs J Evershed





REGISTERED OFFICE: Greenbank
Greenbank House
Sotherby Road
Middlesbrough
Cleveland
TS3 8BT





REGISTERED NUMBER: 08026607 (England and Wales)





ACCOUNTANTS: Anderson Barrowcliff LLP
Chartered Accountants
3 Kingfisher Court
Bowesfield Park
Stockton on Tees
TS18 3EX

Gunnergate Limited (Registered number: 08026607)

Balance Sheet
31 December 2023

2023 2022
as restated
Notes £    £   
CURRENT ASSETS
Debtors 4 743,184 830,268
Cash at bank 17,517 34,859
760,701 865,127
CREDITORS
Amounts falling due within one year 5 1,527 11,480
NET CURRENT ASSETS 759,174 853,647
TOTAL ASSETS LESS CURRENT
LIABILITIES

759,174

853,647

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 759,074 853,547
SHAREHOLDERS' FUNDS 759,174 853,647

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 March 2024 and were signed by:





S Evershed - Director


Gunnergate Limited (Registered number: 08026607)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Gunnergate 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.

The presentation currency of the financial statements is the Pound Sterling (£) rounded to the nearest £.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The accounts have been prepared in accordance with the Companies Act 2006, as amended, and with applicable Accounting Standards. There have been no material departures from the Accounting Standards.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover comprises revenue recognised by the company in respect of its share of profits arising from its investment in Greenbank Compactors LLP. Share of losses are shown as cost of sales.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Gunnergate Limited (Registered number: 08026607)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
as restated
£    £   
Other debtors 743,184 830,268

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
as restated
£    £   
Taxation and social security (1,848 ) 10,400
Other creditors 3,375 1,080
1,527 11,480

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: as restated
£    £   
100 Ordinary £1 100 100