GATE PROPERTY LONDON LIMITED

Company Registration Number:
03830000 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

GATE PROPERTY LONDON LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Notes

GATE PROPERTY LONDON LIMITED

Balance sheet

As at 30 September 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 48,956 61,786
Total fixed assets: 48,956 61,786
Current assets
Debtors:   155,532 154,256
Cash at bank and in hand: 23,111 15,947
Total current assets: 178,643 170,203
Creditors: amounts falling due within one year:   (239,183) (239,790)
Net current assets (liabilities): (60,540) (69,587)
Total assets less current liabilities: (11,584) (7,801)
Creditors: amounts falling due after more than one year:   (7,500) (17,500)
Total net assets (liabilities): (19,084) (25,301)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (19,184) (25,401)
Shareholders funds: (19,084) (25,301)

The notes form part of these financial statements

GATE PROPERTY LONDON LIMITED

Balance sheet statements

For the year ending 30 September 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 16 May 2025
and signed on behalf of the board by:

Name: Farnaz Fazaipour
Status: Director

The notes form part of these financial statements

GATE PROPERTY LONDON LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

1. Accounting policies

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

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowance.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Fixtures & Fittings 25% Reducing Balance Computer Equipment 25% Reducing Balance

GATE PROPERTY LONDON LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

2. Employees

2024 2023
Average number of employees during the period 3 5

GATE PROPERTY LONDON LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible Assets

Total
Cost £
At 01 October 2023 181,292
Additions 3,489
At 30 September 2024 184,781
Depreciation
At 01 October 2023 119,506
Charge for year 16,319
At 30 September 2024 135,825
Net book value
At 30 September 2024 48,956
At 30 September 2023 61,786