Caseware UK (AP4) 2022.0.179 2022.0.179 2023-09-302023-09-300falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.0true2022-10-01 12700943 2022-10-01 2023-09-30 12700943 2021-07-01 2022-09-30 12700943 2023-09-30 12700943 2022-09-30 12700943 c:Director1 2022-10-01 2023-09-30 12700943 d:CurrentFinancialInstruments 2023-09-30 12700943 d:CurrentFinancialInstruments 2022-09-30 12700943 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 12700943 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 12700943 d:ShareCapital 2023-09-30 12700943 d:ShareCapital 2022-09-30 12700943 d:RetainedEarningsAccumulatedLosses 2023-09-30 12700943 d:RetainedEarningsAccumulatedLosses 2022-09-30 12700943 c:OrdinaryShareClass1 2022-10-01 2023-09-30 12700943 c:OrdinaryShareClass1 2023-09-30 12700943 c:OrdinaryShareClass1 2022-09-30 12700943 c:FRS102 2022-10-01 2023-09-30 12700943 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 12700943 c:FullAccounts 2022-10-01 2023-09-30 12700943 c:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12700943









STEVENAGE NORTHERN GATEWAY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2023

 
STEVENAGE NORTHERN GATEWAY LIMITED
REGISTERED NUMBER: 12700943

BALANCE SHEET
AS AT 30 SEPTEMBER 2023

2023
2022
Note
£
£

CURRENT ASSETS
  

Stocks
  
394,872
299,318

Debtors: amounts falling due within one year
 4 
743
59,864

Cash at bank and in hand
  
10
-

  
395,625
359,182

Creditors: amounts falling due within one year
 5 
(399,134)
(360,855)

NET CURRENT LIABILITIES
  
 
 
(3,509)
 
 
(1,673)

NET LIABILITIES
  
(3,509)
(1,673)


CAPITAL AND RESERVES
  

Called up share capital 
 6 
1
1

Profit and loss account
  
(3,510)
(1,674)

  
(3,509)
(1,673)


The director considers 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 director acknowledges his 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 by: 




T P Holmes
Director

Date: 27 March 2024

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
STEVENAGE NORTHERN GATEWAY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1.


GENERAL INFORMATION

Stevenage Northern Gateway Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is Unit 1 Burlington Park, Station Road, Foxton, Cambridge, CB22 6SA.
The Company's functional and presentational currency is GBP.

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

GOING CONCERN

The Company had net liabilities of £3,509 as at 30 September 2023 (2022 - £1,673) however the financial statements are prepared on the going concern basis as the Company benefits from the financial support of its shareholders and connected companies.

 
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

STOCKS AND WORK IN PROGRESS

Stocks and work in progress comprises costs capitalised and carried forward under ongoing projects and are stated at the lower of cost and net realisable value. Costs include all direct costs and attributable overheads for each project.

 
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.

Page 2

 
STEVENAGE NORTHERN GATEWAY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

3.


EMPLOYEES

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


4.


DEBTORS

2023
2022
£
£

Other debtors
743
59,864



5.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023
2022
£
£

Trade creditors
713
31,799

Amounts owed to group undertakings
396,626
327,382

Accruals and deferred income
1,795
1,674

399,134
360,855



6.


SHARE CAPITAL

2023
2022
£
£
ALLOTTED, CALLED UP AND FULLY PAID



1 (2022 - 1) Ordinary share of £1.00
1
1


Page 3