Company Registration No. 07368070 (England and Wales)
Automated Gateways Limited
Unaudited accounts
for the year ended 30 September 2021
Automated Gateways Limited
Unaudited accounts
Contents
Automated Gateways Limited
Company Information
for the year ended 30 September 2021
Company Number
07368070 (England and Wales)
Registered Office
18 St Peters Drive
Easton
NORWICH
NR9 5HF
Accountants
Grow Your Business East Anglia Ltd
30 Market Place
Swaffham
Norfolk
PE37 7QH
Automated Gateways Limited
Statement of financial position
as at 30 September 2021
Tangible assets
2,739
3,236
Cash at bank and in hand
35,369
-
Creditors: amounts falling due within one year
(78,113)
(76,050)
Net current liabilities
(16,850)
(32,118)
Total assets less current liabilities
(14,111)
(28,882)
Provisions for liabilities
Net liabilities
(14,991)
(29,762)
Called up share capital
2
2
Profit and loss account
(14,993)
(29,764)
Shareholders' funds
(14,991)
(29,762)
For the year ending 30 September 2021 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 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 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 and authorised for issue on 12 November 2021 and were signed on its behalf by
Trevor Ellis
Director
Company Registration No. 07368070
Automated Gateways Limited
Notes to the Accounts
for the year ended 30 September 2021
Automated Gateways Limited is a private company, limited by shares, registered in England and Wales, registration number 07368070. The registered office is 18 St Peters Drive, Easton, NORWICH, NR9 5HF.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
Motor vehicles
25% Straight Line
Fixtures & fittings
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2020
6,307
27,194
2,812
36,313
At 30 September 2021
6,307
27,194
2,812
36,313
At 1 October 2020
2,993
27,194
2,890
33,077
Charge for the year
497
-
-
497
At 30 September 2021
3,490
27,194
2,890
33,574
At 30 September 2021
2,817
-
(78)
2,739
At 30 September 2020
3,314
-
(78)
3,236
Automated Gateways Limited
Notes to the Accounts
for the year ended 30 September 2021
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
16,894
37,432
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
-
152
Trade creditors
16,141
25,708
Taxes and social security
18,820
13,160
Other creditors
27,415
20,229
Loans from directors
15,737
16,801
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).