Accounts Submission

Accounts Submission

NATIONGATE PROPERTY LIMITED - Company Information

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NATIONGATE PROPERTY LIMITED

Company Registration Number:
09829664 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2023

Period of accounts

Start date: 01 May 2022

End date: 30 April 2023

Page 1

NATIONGATE PROPERTY LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

Page 2

NATIONGATE PROPERTY LIMITED

Company Information

for the Period Ended 30 April 2023




Director: GABOR FRANKO
Registered office: 49
Stratford Road
Watford
GBR
WD17 4NY
Company Registration Number: 09829664 (England and Wales)

Page 3

NATIONGATE PROPERTY LIMITED

Directors' Report Period Ended 30 April 2023

The directors present their report with the financial statements of the company for the period ended 30 April 2023

Principal Activities

The company principal activity during the period was sale of property maintenance and residential letting services.

Directors

The directors shown below have held office during the whole of the period from 01 May 2022 to 30 April 2023
GABOR FRANKO

This report was approved by the board of directors on 30 April 2024
And Signed On Behalf Of The Board By:

Name: GABOR FRANKO
Status: Director

Page 4

NATIONGATE PROPERTY LIMITED

Profit and Loss Account

for the Period Ended 30 April 2023


Notes
2023
£
2022
£
Turnover 321,985 235,003
Cost of sales ( 232,383 ) ( 180,010 )
Gross Profit or (Loss) 89,602 56,443
Income from coronavirus (COVID-19) business support grants 0 1,450
Administrative Expenses ( 73,904 ) ( 41,374 )
Operating Profit or (Loss) 15,698 15,069
Profit or (Loss) Before Tax 15,698 15,069
Tax on Profit ( 2,983 ) ( 2,863 )
Profit or (Loss) for Period 12,715 12,206

The notes form part of these financial statements

Page 5

NATIONGATE PROPERTY LIMITED

Balance sheet

As at 30 April 2023


Notes
2023
£
2022
£
Fixed assets
Tangible assets: 5 4,167 4,167
Total fixed assets: 4,167 4,167
Current assets
Debtors: 6 14,254 12,654
Cash at bank and in hand: 1,650 6,305
Total current assets: 15,904 18,959
Creditors: amounts falling due within one year: 7 ( 6,140 ) ( 5,129 )
Net current assets (liabilities): 9,764 13,830
Total assets less current liabilities: 13,931 17,997
Creditors: amounts falling due after more than one year: 8 ( 13,831 ) ( 17,897 )
Total net assets (liabilities): 100 100

The notes form part of these financial statements

Page 6

NATIONGATE PROPERTY LIMITED

Balance sheet continued

As at 30 April 2023


Notes
2023
£
2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 0 0
Shareholders funds: 100 100

For the year ending 30 April 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 30 April 2024
And Signed On Behalf Of The Board By:

Name: GABOR FRANKO
Status: Director

The notes form part of these financial statements

Page 7

NATIONGATE PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Page 8

NATIONGATE PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 2. Employees


    2023
    2022
    Average number of employees during the period 7 4

Page 9

NATIONGATE PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 3. Off balance sheet disclosure

    No

Page 10

NATIONGATE PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

4. Dividends


2023
£
2022
£
Dividends paid 12,715 12,206

Page 11

NATIONGATE PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

5. Tangible assets

Motor vehicles Total
Cost £ £
At 01 May 2022 4,167 4,167
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 30 April 2023 4,167 4,167
Depreciation
At 01 May 2022 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 30 April 2023 - -
Net book value
At 30 April 2023 4,167 4,167
At 30 April 2022 4,167 4,167

Page 12

NATIONGATE PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

6. Debtors


2023
£
2022
£
Prepayments and accrued income 3,000
Other debtors 11,254 12,654
Total 14,254 12,654

Page 13

NATIONGATE PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

7.Creditors: amounts falling due within one year note


2023
£
2022
£
Taxation and social security 6,140 5,129
Total 6,140 5,129

Page 14

NATIONGATE PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

8.Creditors: amounts falling due after more than one year


2023
£
2022
£
Bank loans and overdrafts 13,831 17,897
Total 13,831 17,897

Page 15