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REGISTERED NUMBER: 10981897 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st December 2023

for

Gateway Platform Services Limited

Gateway Platform Services Limited (Registered number: 10981897)

Contents of the Financial Statements
for the Year Ended 31st December 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Gateway Platform Services Limited

Company Information
for the Year Ended 31st December 2023







Directors: S Brittain
R M M Chattock
R Lumley





Registered office: Arquen House
4-6 Spicer Street
St. Albans
Hertfordshire
AL3 4PQ





Registered number: 10981897 (England and Wales)





Accountants: Onside Accounting Limited
Arquen House
4-6 Spicer Street
St. Albans
United Kingdom
AL3 4PQ

Gateway Platform Services Limited (Registered number: 10981897)

Statement of Financial Position
31st December 2023

31/12/23 31/12/22
Notes £    £   
Current assets
Debtors 4 146,738 194,883
Cash at bank 726,247 108,727
872,985 303,610
Creditors
Amounts falling due within one
year

5

34,651

111,834
Net current assets 838,334 191,776
Total assets less current
liabilities

838,334

191,776

Capital and reserves
Called up share capital 6 20,000 20,000
Retained earnings 818,334 171,776
Shareholders' funds 838,334 191,776

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19th August 2024 and were signed on its behalf by:





R M M Chattock - Director


Gateway Platform Services Limited (Registered number: 10981897)

Notes to the Financial Statements
for the Year Ended 31st December 2023


1. Statutory information

Gateway Platform Services Limited 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

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

3. Employees and directors

The average number of employees during the year was NIL (2022 - NIL).

4. Debtors: amounts falling due within one year
31/12/23 31/12/22
£    £   
Trade debtors 61,500 119,551
Accrued income 84,481 74,692
Prepayments 757 640
146,738 194,883

5. Creditors: amounts falling due within one year
31/12/23 31/12/22
£    £   
Trade creditors - 2,700
Amounts owed to participating interests 27,561 93,946
Social security and other taxes 2,000 -
Accrued expenses 5,090 15,188
34,651 111,834

Gateway Platform Services Limited (Registered number: 10981897)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2023


6. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 31/12/23 31/12/22
value: £    £   
500,000 Ordinary .01 20,000 20,000

7. Related party disclosures

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

8. Ultimate controlling party

The immediate parent company is Insurtech Gateway Limited, a company incorporated in the United Kingdom. The registered office of the immediate parent undertaking is the same as the company's.

In the opinion of the director's there is no single ultimate controlling party.