Gateway HR and Training Limited Filleted accounts for Companies House (small and micro)
Gateway HR and Training Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
05782843
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STATEMENT OF FINANCIAL POSITION |
2018 |
2017 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
7 |
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Current assets
Debtors |
8 |
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Cash at bank and in hand |
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--------- |
--------- |
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Creditors: amounts falling due within one year |
9 |
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--------- |
--------- |
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Net current assets |
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-------- |
-------- |
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Total assets less current liabilities |
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Provisions
Taxation including deferred tax |
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-------- |
-------- |
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Net assets |
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-------- |
-------- |
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Capital and reserves
Called up share capital |
10 |
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Profit and loss account |
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-------- |
-------- |
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Shareholders funds |
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-------- |
-------- |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Director's responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
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STATEMENT OF FINANCIAL POSITION (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
12 March 2019
, and are signed on behalf of the board by:
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Director |
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Company registration number:
05782843
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NOTES TO THE FINANCIAL STATEMENTS |
YEAR ENDED 31 DECEMBER 2018
1.
General information
The company is a private company limited by shares, registered in England. The address of the registered office is 4 Brisbane House, Corby Gate Business Park, Corby, NN17 5JG.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Intangible assets
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Website |
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If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Leasehold improvements |
- |
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Fixtures & fittings |
- |
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Office equipment |
- |
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Impairment of fixed assets
Provisions
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
6
(2017:
6
).
5.
Tax on profit
Major components of tax expense
2018 |
2017 |
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£ |
£ |
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Current tax:
UK current tax expense |
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Adjustments in respect of prior periods |
– |
(
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-------- |
-------- |
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Total current tax |
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-------- |
-------- |
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Deferred tax:
Origination and reversal of timing differences |
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(
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-------- |
-------- |
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Tax on profit |
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-------- |
-------- |
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Reconciliation of tax expense
The tax assessed on the profit on ordinary activities for the year is higher than (2017: lower than) the
standard rate of corporation tax in the UK
of
19
% (2017:
19.25
%).
2018 |
2017 |
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£ |
£ |
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Profit on ordinary activities before taxation |
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-------- |
-------- |
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Profit on ordinary activities by rate of tax |
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Adjustment to tax charge in respect of prior periods |
– |
(
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Effect of capital allowances and depreciation |
(
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Deferred Tax movement |
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(
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-------- |
-------- |
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Tax on profit |
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-------- |
-------- |
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6.
Intangible assets
Development costs |
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£ |
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Cost |
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At 1 January 2018 and 31 December 2018 |
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------- |
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Amortisation |
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At 1 January 2018 and 31 December 2018 |
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------- |
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Carrying amount |
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At 31 December 2018 |
– |
------- |
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At 31 December 2017 |
– |
------- |
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7.
Tangible assets
Land and buildings |
Fixtures and fittings |
Equipment |
Total |
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£ |
£ |
£ |
£ |
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Cost |
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At 1 January 2018 |
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Additions |
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Disposals |
(
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– |
– |
(
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------- |
------- |
-------- |
-------- |
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At 31 December 2018 |
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------- |
------- |
-------- |
-------- |
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Depreciation |
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At 1 January 2018 |
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Charge for the year |
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Disposals |
(
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– |
– |
(
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------- |
------- |
-------- |
-------- |
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At 31 December 2018 |
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------- |
------- |
-------- |
-------- |
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Carrying amount |
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At 31 December 2018 |
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------- |
------- |
-------- |
-------- |
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At 31 December 2017 |
– |
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------- |
------- |
-------- |
-------- |
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8.
Debtors
2018 |
2017 |
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£ |
£ |
|
Trade debtors |
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Other debtors |
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-------- |
-------- |
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-------- |
-------- |
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9.
Creditors:
amounts falling due within one year
2018 |
2017 |
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£ |
£ |
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Trade creditors |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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-------- |
-------- |
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-------- |
-------- |
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10.
Called up share capital
Issued, called up and fully paid
2018 |
2017 |
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No. |
£ |
No. |
£ |
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100.00 |
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100.00 |
---- |
-------- |
---- |
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11.
Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:
2018 |
2017 |
|
£ |
£ |
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Not later than 1 year |
– |
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Later than 1 year and not later than 5 years |
– |
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---- |
------- |
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– |
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---- |
------- |
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12.
Director's advances, credits and guarantees