Registration number:
Moore Gap Investments Ltd
for the Period from 23 May 2023 to 31 May 2024
Moore Gap Investments Ltd
(Registration number: 14888763)
Balance Sheet as at 31 May 2024
Note |
2024 |
|
Fixed assets |
||
Investment property |
|
|
Current assets |
||
Debtors |
|
|
Cash at bank and in hand |
|
|
|
||
Creditors: Amounts falling due within one year |
( |
|
Net current liabilities |
( |
|
Net assets |
|
|
Capital and reserves |
||
Called up share capital |
|
|
Retained earnings |
|
|
Shareholders' funds |
|
For the financial period ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
• |
|
• |
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Director's Report and the Profit and Loss Account has been taken.
.........................................
G K Moore
Director
Moore Gap Investments Ltd
Notes to the Unaudited Financial Statements for the Period from 23 May 2023 to 31 May 2024
Accounting policies |
Statutory information
Moore Gap Investments Ltd is a private company, limited by shares, domiciled in England and Wales, company number 14888763. The registered office is at Moore Gap House, Doncaster Road, Branton, Doncaster, DN3 3LT.
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.
Revenue recognition
Turnover comprises rents receivable in the ordinary course of the company’s activities.
Tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Investment property
No depreciation is provided in respect of investment properties. This treatment as regards the company's investment properties may be a departure from the requirements of the Companies Act concerning the depreciation of fixed assets. However, these properties are not held for consumption but for investment and the director considers that systematic annual depreciation would be inappropriate. The accounting policy adopted is therefore necessary for the financial statements to give a true and fair view.
Moore Gap Investments Ltd
Notes to the Unaudited Financial Statements for the Period from 23 May 2023 to 31 May 2024 (continued)
Staff numbers |
The average number of persons employed by the company (including the director) during the period, was
Investment properties |
2024 |
|
Additions |
|
At 31 May 2024 |
|
Debtors |
2024 |
|
Prepayments |
|
Accrued income |
|
|
Creditors |
2024 |
|
Due within one year |
|
Taxation and social security |
|
Accruals and deferred income |
|
Other creditors |
|
|