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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
Page
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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
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Gage Properties (UK) Limited Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
29,309 
29,361 
Investments
2 
2 
29,311 
29,363 
Current assets
Debtors
206,302 
105,435 
Cash at bank and in hand
16,424 
20,395 
222,726 
125,830 
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)
Capital and reserves
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
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Gage Properties (UK) Limited Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
£ 
Cost or valuation
At cost 
At 1 October 2022
75,251 
Additions
7,791 
At 30 September 2023
83,042 
Depreciation
At 1 October 2022
45,890 
Charge for the year
7,843 
At 30 September 2023
53,733 
Net book value
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 
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Gage Properties (UK) Limited Notes to the Accounts for the year ended 30 September 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
1,746 
1,746 
Other debtors
204,556 
103,689 
206,302 
105,435 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
28,818 
22,042 
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 
Accruals
3,300 
3,300 
955,484 
878,610 
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).
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