Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-01falseNo description of principal activity00truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 9817830 2022-04-01 2023-03-31 9817830 2021-04-01 2022-03-31 9817830 2023-03-31 9817830 2022-03-31 9817830 c:Director4 2022-04-01 2023-03-31 9817830 d:CurrentFinancialInstruments 2023-03-31 9817830 d:CurrentFinancialInstruments 2022-03-31 9817830 d:Non-currentFinancialInstruments 2023-03-31 9817830 d:Non-currentFinancialInstruments 2022-03-31 9817830 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 9817830 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 9817830 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 9817830 d:Non-currentFinancialInstruments d:AfterOneYear 2022-03-31 9817830 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-31 9817830 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-03-31 9817830 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-31 9817830 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-03-31 9817830 d:ShareCapital 2023-03-31 9817830 d:ShareCapital 2022-03-31 9817830 d:RetainedEarningsAccumulatedLosses 2023-03-31 9817830 d:RetainedEarningsAccumulatedLosses 2022-03-31 9817830 c:FRS102 2022-04-01 2023-03-31 9817830 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 9817830 c:FullAccounts 2022-04-01 2023-03-31 9817830 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 9817830









CITYGATE PROPERTY HOLDINGS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
CITYGATE PROPERTY HOLDINGS LTD
REGISTERED NUMBER: 9817830

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
-
130

Cash at bank and in hand
 5 
954
100

  
954
230

Creditors: amounts falling due within one year
 6 
(37,108)
(214,516)

Net current liabilities
  
 
 
(36,154)
 
 
(214,286)

Total assets less current liabilities
  
(36,154)
(214,286)

Creditors: amounts falling due after more than one year
 7 
-
(33,333)

  

Net liabilities
  
(36,154)
(247,619)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(36,155)
(247,620)

  
(36,154)
(247,619)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 January 2024.




Arthur Russell
Director

The notes on pages 3 to 6 form part of these financial statements.
Page 1

 
CITYGATE PROPERTY HOLDINGS LTD
REGISTERED NUMBER: 9817830

BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023


Page 2

 
CITYGATE PROPERTY HOLDINGS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Citygate Property Holdings Ltd 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

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
CITYGATE PROPERTY HOLDINGS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Page 4

 
CITYGATE PROPERTY HOLDINGS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration (2022 - £NIL).

The average monthly number of employees, including directors, during the year was 0 (2022 - 0).


4.


Debtors

2023
2022
£
£


Other debtors
-
130

-
130



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
954
100

954
100



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
-
10,000

Other loans
-
28,000

Amounts owed to group undertakings
-
176,516

Other taxation and social security
37,108
-

37,108
214,516



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
-
33,333

-
33,333


Page 5

 
CITYGATE PROPERTY HOLDINGS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

8.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
-
10,000

Other loans
-
28,000


-
38,000

Amounts falling due 1-2 years

Bank loans
-
10,000


-
10,000

Amounts falling due 2-5 years

Bank loans
-
23,333


-
23,333


-
71,333



9.


Controlling party

The ultimate parent company is Citygate Christian Outreach Centre which is a registered charity number 1111470.

Page 6