REGISTERED NUMBER: 09645184 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

The Gateway Resources Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs L A Williams

REGISTERED OFFICE:

Ground Floor

North Warehouse

Gloucester Docks

Gloucester

Gloucestershire

GL1 2EP

REGISTERED NUMBER:

09645184 (England and Wales)

ACCOUNTANTS:

HATS Gloucester Ltd

48 Hucclecote Road

Gloucester

Gloucestershire

GL3 3RS

BANKERS:

HSBC

PO BOX 33

9 Queen Square

Wolverhampton

West Midlands

WV1 1TE

FIXED ASSETS

Tangible assets

4

-

213

CURRENT ASSETS

Debtors

5

41,381

50,877

Cash at bank

416

-

41,797

50,877

CREDITORS

Amounts falling due within one year

6

28,322

32,635

NET CURRENT ASSETS

13,475

18,242

TOTAL ASSETS LESS CURRENT LIABILITIES

13,475

18,455

CREDITORS

Amounts falling due after more than one year

7

13,431

15,063

NET ASSETS

44

3,392

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

42

3,390

SHAREHOLDERS' FUNDS

44

3,392

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 22 July 2026 and were signed by:

Mrs L A Williams - Director

1.	STATUTORY INFORMATION

The Gateway Resources 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the HM Revenue and Customs published average rate of exchange for the month in which the invoice was raised. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

Cost

At 1 November 2024

255

3,998

4,253

Disposals

-

(1,639

)

(1,639

)

At 31 October 2025

255

2,359

2,614

Depreciation

At 1 November 2024

255

3,785

4,040

Charge for year

-

213

213

Eliminated on disposal

-

(1,639

)

(1,639

)

At 31 October 2025

255

2,359

2,614

Net book value

At 31 October 2025

-

-

-

At 31 October 2024

-

213

213

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Trade debtors

14,042

16,811

Other debtors

27,339

34,066

41,381

50,877

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Bank loans and overdrafts

2,660

8,201

Trade creditors

409

27

Taxation and social security

23,994

23,067

Other creditors

1,259

1,340

28,322

32,635

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/10/25

31/10/24

£

£

Bank loans

13,431

15,063

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

2,792

4,424

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31/10/25

31/10/24

£

£

Within one year

732

1,408

Between one and five years

-

732

732

2,140

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2025 and 31 October 2024:

31/10/25

31/10/24

£

£

B Williams and Mrs L A Williams

Balance outstanding at start of year

24,865

22,695

Amounts advanced

-

52,169

Amounts repaid

(5,946

)

(49,999

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

18,919

24,865

The above loan to the directors, included within other debtors, has been charged interest at the official rate. The unsecured loan has no fixed repayment terms.