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REGISTERED NUMBER: 12973727 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

PROVIDENCE GATE GROUP HOLDINGS LIMITED

PROVIDENCE GATE GROUP HOLDINGS LIMITED (REGISTERED NUMBER: 12973727)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PROVIDENCE GATE GROUP HOLDINGS LIMITED

Company Information
for the Year Ended 31 December 2023







DIRECTORS: A J Hayton
C M Openshaw





REGISTERED OFFICE: Unit 7 Lockside Office Park
Riversway
Preston
Lancashire
PR2 2YS





REGISTERED NUMBER: 12973727 (England and Wales)





ACCOUNTANTS: Studholme-Bell Limited
Chartered Accountants
& Business Advisors
Vantage House
3 East Terrace Business Park
Euxton Lane, Euxton
Chorley
Lancashire
PR7 6TB

PROVIDENCE GATE GROUP HOLDINGS LIMITED (REGISTERED NUMBER: 12973727)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 105 105

CURRENT ASSETS
Debtors 5 649,089 649,089
Cash at bank and in hand 2,850 2,850
651,939 651,939
CREDITORS
Amounts falling due within one year 6 697,473 697,473
NET CURRENT LIABILITIES (45,534 ) (45,534 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(45,429

)

(45,429

)

CREDITORS
Amounts falling due after more than one year 7 1,337 1,337
NET LIABILITIES (46,766 ) (46,766 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (46,866 ) (46,866 )
(46,766 ) (46,766 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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.

PROVIDENCE GATE GROUP HOLDINGS LIMITED (REGISTERED NUMBER: 12973727)

Balance Sheet - continued
31 December 2023


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 20 December 2024 and were signed on its behalf by:





A J Hayton - Director


PROVIDENCE GATE GROUP HOLDINGS LIMITED (REGISTERED NUMBER: 12973727)

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


1. STATUTORY INFORMATION

Providence Gate Group Holdings 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 4 ).

PROVIDENCE GATE GROUP HOLDINGS LIMITED (REGISTERED NUMBER: 12973727)

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


4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2023
and 31 December 2023 105
NET BOOK VALUE
At 31 December 2023 105
At 31 December 2022 105

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Amounts owed by associates 639,058 639,058
Other debtors 10,031 10,031
649,089 649,089

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 78,000 78,000
Amounts owed to associates 357,639 357,639
Other creditors 261,834 261,834
697,473 697,473

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Other creditors 1,337 1,337