NATIONGATE PROPERTY LIMITED

Company Registration Number:
09829664 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

NATIONGATE PROPERTY LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

NATIONGATE PROPERTY LIMITED

Company Information

for the Period Ended 30 April 2024




Director: GABOR FRANKO
Registered office: 49
Stratford Road
Watford
GBR
WD17 4NY
Company Registration Number: 09829664 (England and Wales)

NATIONGATE PROPERTY LIMITED

Directors' Report Period Ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Principal Activities

The company principal activity during the period was sale of property maintenance and residential letting services.

Directors

The directors shown below have held office during the whole of the period from 01 May 2023 to 30 April 2024
GABOR FRANKO

This report was approved by the board of directors on 6 September 2024
And Signed On Behalf Of The Board By:

Name: GABOR FRANKO
Status: Director

NATIONGATE PROPERTY LIMITED

Profit and Loss Account

for the Period Ended 30 April 2024


Notes

2024
£

2023
£
Turnover 517,894 321,985
Cost of sales ( 424,920 ) ( 232,383 )
Gross Profit or (Loss) 92,974 89,602
Administrative Expenses ( 76,782 ) ( 73,904 )
Operating Profit or (Loss) 16,192 15,698
Profit or (Loss) Before Tax 16,192 15,698
Tax on Profit ( 3,076 ) ( 2,983 )
Profit or (Loss) for Period 13,116 12,715

The notes form part of these financial statements

NATIONGATE PROPERTY LIMITED

Balance sheet

As at 30 April 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 5 4,167 4,167
Total fixed assets: 4,167 4,167
Current assets
Debtors: 6 23,659 14,254
Cash at bank and in hand: 3,578 1,650
Total current assets: 27,237 15,904
Creditors: amounts falling due within one year: 7 ( 22,374 ) ( 6,140 )
Net current assets (liabilities): 4,863 9,764
Total assets less current liabilities: 9,030 13,931
Creditors: amounts falling due after more than one year: 8 ( 8,930 ) ( 13,831 )
Total net assets (liabilities): 100 100

The notes form part of these financial statements

NATIONGATE PROPERTY LIMITED

Balance sheet continued

As at 30 April 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 0 0
Shareholders funds: 100 100

For the year ending 30 April 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 6 September 2024
And Signed On Behalf Of The Board By:

Name: GABOR FRANKO
Status: Director

The notes form part of these financial statements

NATIONGATE PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover represents amounts receivable for goods and services net of VAT and trade discounts.

NATIONGATE PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 7 7

NATIONGATE PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 3. Off balance sheet disclosure

    No

NATIONGATE PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Dividends


2024
£

2023
£
Dividends paid 13,116 12,715

NATIONGATE PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Tangible assets

Motor vehicles Total
Cost £ £
At 01 May 2023 4,167 4,167
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 30 April 2024 4,167 4,167
Depreciation
At 01 May 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 30 April 2024 - -
Net book value
At 30 April 2024 4,167 4,167
At 30 April 2023 4,167 4,167

NATIONGATE PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Debtors


2024
£

2023
£
Prepayments and accrued income 3,205 3,000
Other debtors 20,454 11,254
Total 23,659 14,254

NATIONGATE PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

7.Creditors: amounts falling due within one year note


2024
£

2023
£
Amounts due under finance leases and hire purchase contracts 3,537
Taxation and social security 6,413 6,140
Other creditors 12,424
Total 22,374 6,140

NATIONGATE PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

8.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 8,930 13,831
Total 8,930 13,831