Company Registration No. 12193106 (England and Wales)
Administration Gateway Limited
Unaudited accounts
for the year ended 29 September 2023
Administration Gateway Limited
Unaudited accounts
Contents
Administration Gateway Limited
Company Information
for the year ended 29 September 2023
Directors
Mr Mohammed Ibrar Qudeer
Mr Manawar Hussain
Company Number
12193106 (England and Wales)
Registered Office
Suite 305, Daisyfield Business Centre
Appleby Street
Blackburn
Lancashire
BB1 3BL
United Kingdom
Accountants
AXT Accountants
5300 Lakeside
Cheadle Royal Business Park
Cheadle
Cheshire
SK8 3GP
Administration Gateway Limited
Statement of financial position
as at 29 September 2023
Tangible assets
14,475
10,722
Cash at bank and in hand
26,434
75,068
Creditors: amounts falling due within one year
(59,058)
(58,857)
Net current assets
70,624
119,164
Total assets less current liabilities
85,099
129,886
Creditors: amounts falling due after more than one year
(31,361)
(40,368)
Provisions for liabilities
Other provisions
(163,967)
(163,967)
Net liabilities
(110,229)
(74,449)
Called up share capital
100
100
Profit and loss account
(110,329)
(74,549)
Shareholders' funds
(110,229)
(74,449)
For the year ending 29 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 12 February 2024 and were signed on its behalf by
Mr Mohammed Ibrar Qudeer
Director
Company Registration No. 12193106
Administration Gateway Limited
Notes to the Accounts
for the year ended 29 September 2023
Administration Gateway Limited is a private company, limited by shares, registered in England and Wales, registration number 12193106. The registered office is Suite 305, Daisyfield Business Centre , Appleby Street, Blackburn, Lancashire, BB1 3BL, United Kingdom.
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:
Fixtures & fittings
20% Reducing Balance Method
Computer equipment
33.3% Straight Line Method
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 30 September 2022
11,767
17,677
29,444
Additions
11,134
118
11,252
At 29 September 2023
22,901
17,795
40,696
At 30 September 2022
4,341
14,381
18,722
Charge for the year
4,164
3,335
7,499
At 29 September 2023
8,505
17,716
26,221
At 29 September 2023
14,396
79
14,475
At 29 September 2022
7,426
3,296
10,722
Administration Gateway Limited
Notes to the Accounts
for the year ended 29 September 2023
Amounts falling due within one year
Amounts due from group undertakings etc.
100,851
100,851
Deferred tax asset
241
241
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
27,795
26,170
Loans from directors
(30,930)
(10,000)
7
Creditors: amounts falling due after more than one year
2023
2022
8
Provisions for liabilities
£
At 30 September 2022
163,967
At 29 September 2023
163,967
GDPR Compliance Provision: This provision covers potential liabilities from GDPR compliance, mainly involving legal and remediation efforts. It reflects a prudent approach to data protection regulations, with regular reviews and adjustments in line with evolving GDPR guidelines and our commitment to data privacy
Administration Gateway Limited is a wholly owned subsidiary of IQMH Holdings Limited, Registered in England No. 12191775. Registered Office: Suite 305, Daisyfield Business Centre, Appleby Street, Blackburn, Lancashire, BB1 3BL
10
Average number of employees
During the year the average number of employees was 12 (2022: 12).