Good Gate Developments Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 13178040

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		25,826		26,639

			25,826		26,639
CURRENT ASSETS
Debtors	5	1		-
Investments	6	3		3

		4		3
Creditors: Amounts Falling Due Within One Year	7	(962 )		(963 )

NET CURRENT ASSETS (LIABILITIES)			(958 )		(960 )

TOTAL ASSETS LESS CURRENT LIABILITIES			24,868		25,679

Creditors: Amounts Falling Due After More Than One Year	8		(37,065 )		(33,515 )

NET LIABILITIES			(12,197 )		(7,836 )

CAPITAL AND RESERVES
Called up share capital	9		1		1
Profit and Loss Account			(12,198 )		(7,837 )

SHAREHOLDERS' FUNDS			(12,197)		(7,836)

Page 1

Page 2

Good Gate Developments Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 John Giwa-Amu

Director

30 September 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Good Gate Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13178040 . The registered office is Unit D, Tramshed Tech, Pendyris Street, Cardiff, CF11 6BH.

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. Intangible Fixed Assets and Amortisation - Intellectual Property

Intellectual property assets are rightsto scripts and music of projects undertaken by the paretn company Good Gate Media Limited. It is amortised to the profit and loss account over its estimated economic life of ten years.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: NIL)

4. Intangible Assets

	Intellectual Property
	£
Cost
As at 1 January 2024	30,623
Additions	2,500

As at 31 December 2024	33,123

Amortisation
As at 1 January 2024	3,984
Provided during the period	3,313

As at 31 December 2024	7,297

Net Book Value
As at 31 December 2024	25,826

As at 1 January 2024	26,639

5. Debtors

	2024	2023
	£	£
Due within one year
Director's loan account	1	-

Page 3

Page 4

Good Gate Developments Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

6. Current Asset Investments

	2024	2023
	£	£
Unlisted investments	3	3

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	(1 )	-
Other creditors	3	3
Accruals and deferred income	960	960

	962	963

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Amounts owed to subsidiaries	37,065	33,515

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	1	1