Company Registration No. 05562272 (England and Wales)
Gage Properties (UK) Limited
Unaudited accounts
for the year ended 30 September 2023
Gage Properties (UK) Limited
Unaudited accounts
Contents
Gage Properties (UK) Limited
Company Information
for the year ended 30 September 2023
Directors
Mr G C Essex
Mr R Baiao
Company Number
05562272 (England and Wales)
Registered Office
33 Chessington Avenue
London
N3 3DR
Accountants
Alexander-Passe & Co
33 Chessington Avenue
London
N3 3DR
Gage Properties (UK) Limited
Statement of financial position
as at 30 September 2023
Tangible assets
29,309
29,361
Cash at bank and in hand
16,424
20,395
Creditors: amounts falling due within one year
(955,484)
(878,610)
Net current liabilities
(732,758)
(752,780)
Total assets less current liabilities
(703,447)
(723,417)
Creditors: amounts falling due after more than one year
(351,257)
(240,000)
Net liabilities
(1,054,704)
(963,417)
Called up share capital
10,000
10,000
Profit and loss account
(1,064,704)
(973,417)
Shareholders' funds
(1,054,704)
(963,417)
For the year ending 30 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 31 July 2024 and were signed on its behalf by
Mr G C Essex
Director
Company Registration No. 05562272
Gage Properties (UK) Limited
Notes to the Accounts
for the year ended 30 September 2023
Gage Properties (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 05562272. The registered office is 33 Chessington Avenue, London, N3 3DR.
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:
Plant & machinery
25% reducing balance
4
Tangible fixed assets
Plant & machinery
At 30 September 2023
83,042
At 30 September 2023
53,733
At 30 September 2023
29,309
At 30 September 2022
29,361
5
Investments
Subsidiary undertakings
Valuation at 1 October 2022
2
Valuation at 30 September 2023
2
Gage Properties (UK) Limited
Notes to the Accounts
for the year ended 30 September 2023
Amounts falling due within one year
Accrued income and prepayments
1,746
1,746
Other debtors
204,556
103,689
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
23,424
22,039
Taxes and social security
28,160
9,516
Other creditors
35,609
25,997
Loans from directors
836,173
795,716
8
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
351,257
240,000
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).