Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 10393822 Mr Esam Elgerbi Mr Osama El Ahrash iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10393822 2023-09-30 10393822 2024-09-30 10393822 2023-10-01 2024-09-30 10393822 frs-core:CurrentFinancialInstruments 2024-09-30 10393822 frs-core:InvestmentPropertyIncludedWithinPPE 2024-09-30 10393822 frs-core:InvestmentPropertyIncludedWithinPPE 2023-09-30 10393822 frs-core:ShareCapital 2024-09-30 10393822 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 10393822 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10393822 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 10393822 frs-bus:SmallEntities 2023-10-01 2024-09-30 10393822 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 10393822 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 10393822 frs-core:UnlistedNon-exchangeTraded 2024-09-30 10393822 frs-core:UnlistedNon-exchangeTraded 2023-09-30 10393822 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-09-30 10393822 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-09-30 10393822 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-09-30 10393822 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-09-30 10393822 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-09-30 10393822 frs-bus:Director1 2023-10-01 2024-09-30 10393822 frs-bus:Director2 2023-10-01 2024-09-30 10393822 frs-countries:EnglandWales 2023-10-01 2024-09-30 10393822 2022-09-30 10393822 2023-09-30 10393822 2022-10-01 2023-09-30 10393822 frs-core:CurrentFinancialInstruments 2023-09-30 10393822 frs-core:ShareCapital 2023-09-30 10393822 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 10393822
Gateroot Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Brookwood Accountancy Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10393822
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 596,557 596,557
Investments 5 36,980 -
633,537 596,557
CURRENT ASSETS
Stocks 6 821,841 791,012
Debtors 7 4,792 4,792
Cash at bank and in hand 50,750 605,453
877,383 1,401,257
Creditors: Amounts Falling Due Within One Year 8 (1,961,742 ) (2,361,927 )
NET CURRENT ASSETS (LIABILITIES) (1,084,359 ) (960,670 )
TOTAL ASSETS LESS CURRENT LIABILITIES (450,822 ) (364,113 )
NET LIABILITIES (450,822 ) (364,113 )
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account (450,824 ) (364,115 )
SHAREHOLDERS' FUNDS (450,822) (364,113)
For the year ending 30 September 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Esam Elgerbi
Director
06/06/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Gateroot Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10393822 . The registered office is Commerce House, Telford Road, Bicester, OX26 4LD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Investment Properties
£
Cost
As at 1 October 2023 596,557
As at 30 September 2024 596,557
Net Book Value
As at 30 September 2024 596,557
As at 1 October 2023 596,557
5. Investments
Unlisted
£
Cost
As at 1 October 2023 -
Additions 36,980
As at 30 September 2024 36,980
Provision
As at 1 October 2023 -
As at 30 September 2024 -
Net Book Value
As at 30 September 2024 36,980
As at 1 October 2023 -
Page 2
Page 3
6. Stocks
2024 2023
£ £
Work in progress 821,841 791,012
7. Debtors
2024 2023
£ £
Due within one year
Other debtors 4,792 4,792
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other taxes and social security 124 124
Other creditors 77,162 77,241
Accruals and deferred income 1,129 1,156
Directors' loan accounts 1,883,327 2,283,406
1,961,742 2,361,927
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 3