ABBA GATE LIMITED

Company Registration Number:
SC551283 (Scotland)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

ABBA GATE LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

ABBA GATE LIMITED

Company Information

for the Period Ended 30 November 2023




Director: Olayinka Remilekun Sorinmade
Registered office: 10,Unit 10 Douglas Court
West Hendersons Wynd
Dundee
GB-SCT
DD1 5BY
Company Registration Number: SC551283 (Scotland)

ABBA GATE LIMITED

Directors' Report Period Ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Directors

The directors shown below have held office during the whole of the period from 01 December 2022 to 30 November 2023
Olayinka Remilekun Sorinmade

This report was approved by the board of directors on 12 August 2024
And Signed On Behalf Of The Board By:

Name: Olayinka Remilekun Sorinmade
Status: Director

ABBA GATE LIMITED

Profit and Loss Account

for the Period Ended 30 November 2023


Notes

2023
£

2022
£
Turnover - 13,586
Cost of sales - ( 2,160 )
Gross Profit or (Loss) - 11,426
Administrative Expenses ( 7,270 ) ( 16,968 )
Operating Profit or (Loss) ( 7,270 ) ( 5,542 )
Profit or (Loss) Before Tax ( 7,270 ) ( 5,542 )
Profit or (Loss) for Period ( 7,270 ) ( 5,542 )

The notes form part of these financial statements

ABBA GATE LIMITED

Balance sheet

As at 30 November 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 950
Total fixed assets: 950
Current assets
Debtors: 4 6,313
Total current assets: 6,313
Creditors: amounts falling due within one year: 5 ( 7 ) ( 45,000 )
Net current assets (liabilities): ( 7 ) ( 38,687 )
Total assets less current liabilities: ( 7 ) ( 37,737 )
Creditors: amounts falling due after more than one year: 6 ( 45,000 )
Total net assets (liabilities): ( 45,007 ) ( 37,737 )

The notes form part of these financial statements

ABBA GATE LIMITED

Balance sheet continued

As at 30 November 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: ( 45,009 ) ( 37,739 )
Shareholders funds: ( 45,007 ) ( 37,737 )

For the year ending 30 November 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 12 August 2024
And Signed On Behalf Of The Board By:

Name: Olayinka Remilekun Sorinmade
Status: Director

The notes form part of these financial statements

ABBA GATE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ABBA GATE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

ABBA GATE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 3. Off balance sheet disclosure

    No

ABBA GATE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Debtors


2023
£

2022
£
Other debtors 6,313
Total 6,313

ABBA GATE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 7 45,000
Total 7 45,000

ABBA GATE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

6.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 45,000
Total 45,000