Gateway Platform Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10981897 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Gateway Platform Services Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

R M M Chattock

Ms M Coko

R J Lumley

REGISTERED OFFICE:

Arquen House

4-6 Spicer Street

St. Albans

Hertfordshire

AL3 4PQ

REGISTERED NUMBER:

10981897 (England and Wales)

ACCOUNTANTS:

Onside Accounting Ltd

86-90 Paul Street

London

EC2A 4NE

CURRENT ASSETS

Debtors

4

1,292,120

146,738

Cash at bank

43,943

726,247

1,336,063

872,985

CREDITORS

Amounts falling due within one year

5

-

34,651

NET CURRENT ASSETS

1,336,063

838,334

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,336,063

838,334

CAPITAL AND RESERVES

Called up share capital

6

20,000

Retained earnings

1,316,063

818,334

SHAREHOLDERS' FUNDS

1,336,063

838,334

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

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

The directors acknowledge their 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 August 2025 and were signed on its behalf by:

R M M Chattock - Director

1.	STATUTORY INFORMATION

Gateway Platform Services 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

30,000

61,500

Amounts owed by participating interests

1,259,458

-

Accrued income

1,014

84,481

Prepayments

1,648

757

1,292,120

146,738

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Amounts owed to participating interests

-

27,561

Social security and other taxes

-

2,000

Accrued expenses

-

5,090

-

34,651

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

500,000

Ordinary

.01

20,000

7.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

8.	ULTIMATE CONTROLLING PARTY

The immediate parent company is Insurtech Gateway Limited, a company incorporated in the United Kingdom. The registered office of the immediate parent undertaking is the same as the company's.

In the opinion of the director's there is no single ultimate controlling party.