Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31Sales agent for residential property developmentfalsetruetrue1false2024-01-011The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02664832 2024-01-01 2024-12-31 02664832 2023-01-01 2023-12-31 02664832 2024-12-31 02664832 2023-12-31 02664832 c:Director1 2024-01-01 2024-12-31 02664832 d:CurrentFinancialInstruments 2024-12-31 02664832 d:CurrentFinancialInstruments 2023-12-31 02664832 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 02664832 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 02664832 d:ShareCapital 2024-12-31 02664832 d:ShareCapital 2023-12-31 02664832 d:RetainedEarningsAccumulatedLosses 2024-12-31 02664832 d:RetainedEarningsAccumulatedLosses 2023-12-31 02664832 c:OrdinaryShareClass1 2024-01-01 2024-12-31 02664832 c:OrdinaryShareClass1 2024-12-31 02664832 c:FRS102 2024-01-01 2024-12-31 02664832 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 02664832 c:FullAccounts 2024-01-01 2024-12-31 02664832 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 02664832 6 2024-01-01 2024-12-31 02664832 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 02664832














CARLTON GATE SALES LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

 
CARLTON GATE SALES LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1
Notes to the Financial Statements
 
2 - 4


 
CARLTON GATE SALES LIMITED
REGISTERED NUMBER:02664832

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
12
12

Current assets
  

Debtors: amounts falling due within one year
 5 
2,089,360
1,989,138

Bank and cash balances
  
27,175
26,962

  
2,116,535
2,016,100

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(26,724)
(26,724)

Net current assets
  
 
 
2,089,811
 
 
1,989,376

Net assets
  
2,089,823
1,989,388


Capital and reserves
  

Called up share capital 
 7 
2
2

Profit and loss account
  
2,089,821
1,989,386

  
2,089,823
1,989,388


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year 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 statement of comprehensive income 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 26 August 2025.



C G Rifkind
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
CARLTON GATE SALES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Carlton Gate Sales Limited is a private limited liability company incorporated in England and Wales with its principal place of business and registered office at The Tea House, 17 Hall Road, London, NW8 9RF.
The principal activity of the Company continued to be that of sales agent for the residential development known as Carlton Gate.
The functional and presentational currency of the Company is £ Sterling.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

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 following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Turnover

Turnover comprises premiums arising on lease extensions, exclusive of VAT.
Revenue from lease premiums is recognised in full on completion.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less impairment.

 
2.5

Debtors

Short term debtors are measured at the transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions.

 
2.7

Creditors

Short term creditors are measured at the transaction price.


3.


Employees

The serving director was the only employee of the company during the current and preceding period.

Page 2

 
CARLTON GATE SALES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost 


At 1 January 2024
12



At 31 December 2024

12






Net book value



At 31 December 2024
12



At 31 December 2023
12

Page 3

 
CARLTON GATE SALES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
2,078,377
1,978,155

Other debtors
10,983
10,983

2,089,360
1,989,138



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
26,724
26,724



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



2 Ordinary shares of £1 each
2
2



8.


Related party transactions

The Company has taken advantage of the exemption under FRS102 33.1A Related Party Disclosures not to disclose transactions entered into between two or more members of a group, provided that any subsidiary undertaking which is a party to the transaction is wholly owned by a member of that group.


9.


Controlling party

The company is a wholly owned subsidiary of Teahouse Associate Limited, a company registered in England and Wales. The director regards Teahouse Associates Limited, a company registered in England and Wales, as the ultimate parent company. C G Rifkind, the director of the company, is the ultimate controlling party.

 
Page 4