1 November 2024 false No description of principal activity Taxfiler 2024.6 15227772 business:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 15227772 2024-10-31 15227772 2024-11-01 2025-10-31 15227772 business:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 15227772 business:FilletedAccounts 2024-11-01 2025-10-31 15227772 2025-10-31 15227772 business:Director1 2024-11-01 2025-10-31 15227772 business:Director2 2024-11-01 2025-10-31 15227772 business:RegisteredOffice 2024-11-01 2025-10-31 15227772 2024-10-31 15227772 core:WithinOneYear 2025-10-31 15227772 core:WithinOneYear 2024-10-31 15227772 core:AfterOneYear 2025-10-31 15227772 core:AfterOneYear 2024-10-31 15227772 core:ShareCapital core:PreviouslyStatedAmount 2025-10-31 15227772 core:ShareCapital core:PreviouslyStatedAmount 2024-10-31 15227772 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-10-31 15227772 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-10-31 15227772 core:PreviouslyStatedAmount 2025-10-31 15227772 core:PreviouslyStatedAmount 2024-10-31 15227772 business:SmallEntities 2024-11-01 2025-10-31 15227772 countries:EnglandWales 2024-11-01 2025-10-31 15227772 core:MotorVehicles 2024-11-01 2025-10-31 15227772 core:MotorVehicles 2024-10-31 15227772 core:MotorVehicles 2025-10-31 15227772 2023-10-23 2024-10-31 iso4217:GBP xbrli:pure
Company Registration No. 15227772 (England and Wales)
GATE CARS LTD Unaudited accounts for the year ended 31 October 2025
GATE CARS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
GATE CARS LTD Company Information for the year ended 31 October 2025
Directors
Mohammad Alsughayer Hanneen Monzer Zoghayyer
Company Number
15227772 (England and Wales)
Registered Office
35 Chevening Close Crawley West Sussex RH11 9QU England
Accountants
Mr Mohamed Gadalla The Mill Building 31 Chatsworth Road Worthing West Sussex BN11 1LY
- 3 -
GATE CARS LTD Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
-
13,640
Current assets
Debtors
5
4,000
-
Cash at bank and in hand
5,870
1,280
9,870
1,280
Creditors: amounts falling due within one year
6
(19,422)
744
Net current (liabilities)/assets
(9,552)
2,024
Total assets less current liabilities
(9,552)
15,664
Creditors: amounts falling due after more than one year
7
-
(18,664)
Net liabilities
(9,552)
(3,000)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(9,652)
(3,100)
Shareholders' funds
(9,552)
(3,000)
For the year ending 31 October 2025 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 7 May 2026 and were signed on its behalf by
Mohammad Alsughayer Director Company Registration No. 15227772
- 4 -
GATE CARS LTD Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
GATE CARS LTD is a private company, limited by shares, registered in England and Wales, registration number 15227772. The registered office is 35 Chevening Close, Crawley, West Sussex, RH11 9QU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% a year
4
Tangible fixed assets
Motor vehicles
£
Cost or valuation
At cost
At 1 November 2024
17,050
Disposals
(13,640)
At 31 October 2025
3,410
Depreciation
At 1 November 2024
3,410
At 31 October 2025
3,410
Net book value
At 31 October 2025
-
At 31 October 2024
13,640
5
Debtors
2025
2024
£
£
Amounts falling due after more than one year
Accrued income and prepayments
4,000
-
- 5 -
GATE CARS LTD Notes to the Accounts for the year ended 31 October 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
17,075
(744)
Loans from directors
2,347
-
19,422
(744)
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Trade creditors
-
18,359
Loans from directors
-
305
-
18,664
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -