Company Registration No. 09681819 (England and Wales)
GATEWAY2RECYCLING LIMITED
Unaudited accounts
for the year ended 31 July 2024
GATEWAY2RECYCLING LIMITED
Unaudited accounts
Contents
GATEWAY2RECYCLING LIMITED
Company Information
for the year ended 31 July 2024
Company Number
09681819 (England and Wales)
Registered Office
Corner House
Market Place
Braintree
CM7 3HQ
Accountants
ST Accountancy Services Ltd
Corner House
Market Place
Braintree
Essex
CM7 3HQ
GATEWAY2RECYCLING LIMITED
Statement of financial position
as at 31 July 2024
Tangible assets
1,547
41,696
Cash at bank and in hand
102,028
136,913
Creditors: amounts falling due within one year
(33,763)
(56,039)
Net current assets
68,265
82,912
Called up share capital
200
200
Profit and loss account
69,612
124,408
Shareholders' funds
69,812
124,608
For the year ending 31 July 2024 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 director acknowledges his 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 and authorised for issue on 12 September 2024 and were signed on its behalf by
Raveen Raj
Director
Company Registration No. 09681819
GATEWAY2RECYCLING LIMITED
Notes to the Accounts
for the year ended 31 July 2024
GATEWAY2RECYCLING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09681819. The registered office is Corner House, Market Place, Braintree, CM7 3HQ.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2023
6,814
52,500
59,314
Disposals
-
(52,500)
(52,500)
At 31 July 2024
6,814
-
6,814
At 1 August 2023
4,493
13,125
17,618
Charge for the year
774
-
774
On disposals
-
(13,125)
(13,125)
At 31 July 2024
5,267
-
5,267
At 31 July 2024
1,547
-
1,547
At 31 July 2023
2,321
39,375
41,696
Amounts falling due within one year
GATEWAY2RECYCLING LIMITED
Notes to the Accounts
for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
23,819
Loans from directors
24,292
21,980
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Average number of employees
During the year the average number of employees was 1 (2023: 1).