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Registered number: 09780647
GATE ACRE INVESTMENTS LIMITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024
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GATE ACRE INVESTMENTS LIMITED
REGISTERED NUMBER: 09780647
BALANCE SHEET
AS AT 30 SEPTEMBER 2024
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Debtors: amounts falling due after more than one year
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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Page 1
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GATE ACRE INVESTMENTS LIMITED
REGISTERED NUMBER: 09780647
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024
For the period ended 30 September 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.
Members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 May 2025.
The notes on pages 3 to 4 form part of these financial statements.
Page 2
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GATE ACRE INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024
The company is a private company limited by shares, which is incorporated under the Companies Act 2006 and registered in England and Wales (no.09780647). The address of the registered office is 3rd Floor, Castle Chambers, Castle Street, Liverpool, L2 9SH.
The company is the parent company of a small group, and is exempt from preparing group accounts. These financial statements present information about the company as an individual undertaking. The principal activity of the company is that of a group holding company.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.
Investments in subsidiaries are measured at cost less accumulated impairment.
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
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Investments in subsidiary companies
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Page 3
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GATE ACRE INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024
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Due after more than one year
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Amounts owed by group undertakings
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Creditors: Amounts falling due within one year
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Allotted, called up and fully paid
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1,000,000 (2023 - 1,000,000) Ordinary shares of £0.01 each
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Page 4
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