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Company Registration No. 12128104 (England and Wales)
Estatesco Derby Iron Gate Ltd Unaudited accounts for the year ended 31 August 2024
Estatesco Derby Iron Gate Ltd Unaudited accounts Contents
Page
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Estatesco Derby Iron Gate Ltd Company Information for the year ended 31 August 2024
Director
M M H A Matar
Company Number
12128104 (England and Wales)
Registered Office
203 West Street Fareham Hampshire PO160EN England
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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Estatesco Derby Iron Gate Ltd Accountants' report
Accountants' report to the director of Estatesco Derby Iron Gate Ltd on the preparation of the unaudited statutory accounts for the year ended 31 August 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Estatesco Derby Iron Gate Ltd for the year ended 31 August 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Estatesco Derby Iron Gate Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Estatesco Derby Iron Gate Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Estatesco Derby Iron Gate Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Estatesco Derby Iron Gate Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Estatesco Derby Iron Gate Ltd. You consider that Estatesco Derby Iron Gate Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Estatesco Derby Iron Gate Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Taxsense 203 West Street Fareham Hants PO16 0EN 14 December 2024
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Estatesco Derby Iron Gate Ltd Statement of financial position as at 31 August 2024
2024 
Notes
£ 
Fixed assets
Investment property
554,880 
Current assets
Debtors
2,766 
Cash at bank and in hand
6 
2,772 
Creditors: amounts falling due within one year
(163,266)
Net current liabilities
(160,494)
Total assets less current liabilities
394,386 
Creditors: amounts falling due after more than one year
(209,208)
Net assets
185,178 
Capital and reserves
Called up share capital
1,000 
Profit and loss account
184,178 
Shareholders' funds
185,178 
For the year ending 31 August 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 14 December 2024 and were signed on its behalf by
M M H A Matar Director Company Registration No. 12128104
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Estatesco Derby Iron Gate Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Estatesco Derby Iron Gate Ltd is a private company, limited by shares, registered in England and Wales, registration number 12128104. The registered office is 203 West Street, Fareham, Hampshire, PO160EN, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Investment property
2024 
£ 
Additions
554,880 
At 31 August 2024
554,880 
5
Debtors
2024 
£ 
Amounts falling due within one year
Accrued income and prepayments
2,766 
6
Creditors: amounts falling due within one year
2024 
£ 
Amounts owed to group undertakings and other participating interests
148,392 
Loans from directors
14,251 
Accruals
623 
163,266 
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Estatesco Derby Iron Gate Ltd Notes to the Accounts for the year ended 31 August 2024
7
Creditors: amounts falling due after more than one year
2024 
£ 
Bank loans
209,208 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
M M H A Matar
Directors Loan Accounts
- 
(22,211)
(7,960)
(14,251)
- 
(22,211)
(7,960)
(14,251)
9
Average number of employees
During the year the average number of employees was 0.
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