Acorah Software Products - Accounts Production 16.0.110 false true true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 04674610 Mr Mohammed Khan true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04674610 2023-02-28 04674610 2024-02-28 04674610 2023-03-01 2024-02-28 04674610 frs-core:Non-currentFinancialInstruments 2024-02-28 04674610 frs-core:MotorVehicles 2023-03-01 2024-02-28 04674610 frs-core:PlantMachinery 2023-03-01 2024-02-28 04674610 frs-core:ShareCapital 2024-02-28 04674610 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 04674610 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 04674610 frs-bus:AbridgedAccounts 2023-03-01 2024-02-28 04674610 frs-bus:SmallEntities 2023-03-01 2024-02-28 04674610 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 04674610 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 04674610 frs-bus:OrdinaryShareClass1 2023-03-01 2024-02-28 04674610 frs-bus:OrdinaryShareClass1 2024-02-28 04674610 1 2023-03-01 2024-02-28 04674610 frs-bus:Director1 2023-03-01 2024-02-28 04674610 frs-bus:Director1 2023-02-28 04674610 frs-bus:Director1 2024-02-28 04674610 frs-countries:EnglandWales 2023-03-01 2024-02-28 04674610 2022-02-28 04674610 2023-02-28 04674610 2022-03-01 2023-02-28 04674610 frs-core:Non-currentFinancialInstruments 2023-02-28 04674610 frs-core:ShareCapital 2023-02-28 04674610 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28 04674610 frs-bus:OrdinaryShareClass1 2022-03-01 2023-02-28
Registered number: 04674610
Cargo Gateway Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 28 February 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 04674610
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,047 2,559
2,047 2,559
CURRENT ASSETS
Debtors 5 300,235 303,987
Cash at bank and in hand 7,165 4,488
307,400 308,475
Creditors: Amounts Falling Due Within One Year (66,685 ) (79,358 )
NET CURRENT ASSETS (LIABILITIES) 240,715 229,117
TOTAL ASSETS LESS CURRENT LIABILITIES 242,762 231,676
NET ASSETS 242,762 231,676
CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Profit and Loss Account 241,762 230,676
SHAREHOLDERS' FUNDS 242,762 231,676
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Page 2
For the year ending 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 28 February 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Mohammed Khan
Director
25 November 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Cargo Gateway Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04674610 . The registered office is 925 Finchley Road, London, NW11 7PE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20%
Motor Vehicles 20%
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
1 1
4. Tangible Assets
Total
£
Cost
As at 1 March 2023 79,788
As at 28 February 2024 79,788
Depreciation
As at 1 March 2023 77,229
Provided during the period 512
As at 28 February 2024 77,741
...CONTINUED
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Net Book Value
As at 28 February 2024 2,047
As at 1 March 2023 2,559
5. Debtors
2024 2023
£ £
Due after more than one year
Corporation tax recoverable assets 41,317 41,317
6. Share Capital
2024 2023
Allotted, called up and fully paid £ £
1,000 Ordinary Shares of £ 1 each 1,000 1,000
7. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 March 2023 Amounts advanced Amounts repaid Amounts written off As at 28 February 2024
£ £ £ £ £
Mr Mohammed Khan 217,591 - 24,273 - 193,318
The above loan is unsecured, carries interest @ 4% per annum and is repayable on demand.
8. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 20,000 20,000
9. Ultimate Controlling Party
The company's ultimate controlling party is the director Mr M S Khan by virtue of his shareholding.

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