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REGISTERED NUMBER: 12007667 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

ABA GATE SOLUTIONS LIMITED

ABA GATE SOLUTIONS LIMITED (REGISTERED NUMBER: 12007667)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ABA GATE SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: A Faint





REGISTERED OFFICE: 10 Beech Court
Wokingham Road
Hurst
Reading
Berkshire
RG10 0RQ





REGISTERED NUMBER: 12007667 (England and Wales)





ACCOUNTANTS: Vernon Gosling Friday Limited
10 Beech Court
Wokingham Road
Hurst
Reading
Berkshire
RG10 0RQ

ABA GATE SOLUTIONS LIMITED (REGISTERED NUMBER: 12007667)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 352 -

CURRENT ASSETS
Stocks - 4,014
Debtors 5 9,618 15,381
Cash at bank and in hand 75,526 54,872
85,144 74,267
CREDITORS
Amounts falling due within one year 6 82,797 69,949
NET CURRENT ASSETS 2,347 4,318
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,699

4,318

CREDITORS
Amounts falling due after more than one
year

7

2,167

4,167
NET ASSETS 532 151

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 522 141
SHAREHOLDERS' FUNDS 532 151

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

ABA GATE SOLUTIONS LIMITED (REGISTERED NUMBER: 12007667)

BALANCE SHEET - continued
31 MAY 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 January 2025 and were signed by:





A Faint - Director


ABA GATE SOLUTIONS LIMITED (REGISTERED NUMBER: 12007667)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

ABA Gate Solutions 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 806
Additions 415
At 31 May 2024 1,221
DEPRECIATION
At 1 June 2023 806
Charge for year 63
At 31 May 2024 869
NET BOOK VALUE
At 31 May 2024 352

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 9,618 15,381

ABA GATE SOLUTIONS LIMITED (REGISTERED NUMBER: 12007667)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 2,000 2,000
Trade creditors 538 647
Taxation and social security 5,494 5,068
Other creditors 74,765 62,234
82,797 69,949

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 2,167 4,167