Company Registration No. 04732106 (England and Wales)
County Gate Properties Holdings Limited
Unaudited accounts
for the year ended 30 April 2019
County Gate Properties Holdings Limited
Unaudited accounts
Contents
County Gate Properties Holdings Limited
Company Information
for the year ended 30 April 2019
Company Number
04732106 (England and Wales)
Registered Office
The Studios
6 Tinchurch Drive
Burgess Hill
W Sussex
RH15 0XJ
County Gate Properties Holdings Limited
Statement of financial position
as at
30 April 2019
Investments
12,503
12,503
Cash at bank and in hand
4,797
30,120
Creditors: amounts falling due within one year
(77,281)
(25,686)
Net current assets
563,017
657,477
Net assets
575,520
669,980
Called up share capital
12,504
12,504
Profit and loss account
563,016
657,476
Shareholders' funds
575,520
669,980
For the year ending 30 April 2019 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.
Approved by the Board on 30 January 2020.
M Deme
Director
Company Registration No. 04732106
County Gate Properties Holdings Limited
Notes to the Accounts
for the year ended 30 April 2019
County Gate Properties Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 04732106. The registered office is The Studios, 6 Tinchurch Drive, Burgess Hill, W Sussex, RH15 0XJ.
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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 financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small sized group. The company has therefore taken advantage of the exemptions provided by section 402 of the Companies Act 2006 not to prepare group accounts.
The accounts are presented in £ sterling.
Investments held as fixed assets are shown at cost less provision for impairment.
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Investments
Subsidiary undertakings
Valuation at 1 May 2018
12,503
Valuation at 30 April 2019
12,503
The fixed asset investments represents shares in subsidiary undertakings as follows:
County Gate Properties Limited (business- house building) 100% Ordinary shares £12,502
County Gate Properties (Surrey) Limited (Business - house building) 100% ordinary shares £1
County Gate Properties Limited capital and reserves £-142654 loss for the year £-16,571
County Gate Properties (Surrey) Limited capital and reserves £12,646 profit for the year £nil.
County Gate Properties Holdings Limited
Notes to the Accounts
for the year ended 30 April 2019
Amounts due from group undertakings etc.
350,610
373,193
Other debtors
284,891
279,850
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Creditors: amounts falling due within one year
2019
2018
Amounts owed to group undertakings and other participating interests
48,014
25,509
Other creditors
29,267
177
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Share capital
2019
2018
Allotted, called up and fully paid:
2 Ordinary shares of £1 each of £1 each
2
2
1 Ordinary A Share of £1 each
1
1
1 Ordinary B Share of £1 each
1
1
12,500 50,000 Ordinary shares of £1 1/4 paid of £1 each
12,500
12,500
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Transactions with related parties
At the year end the company was owed £320,906 (2018: £322,666) to County Gate Properties Limited, it was also was owed £6,700 (2018: £8,500 by County Gate Properties (Handcross) Limited and £23,004 (2018 £42,028) by Bevingdean Limtied. All these companies are part of the group. It owed County Gate Properties (Surrey) Limited £48,014 (2018 £25,514)., which is part of the group.
It was owed £100,548 (2018: £87,548) by County Gate Properties (Brighton) Limited, and it was also owed £184,344 (2018: £192,301) by County Gate Properties (Tongdean Lane) Limited, both companies are controlled by the directors of this company.
During the year dividends were received from County Gate Properties Limited of £nil. During the year a dividend of £93,850 was paid to shareholders.
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Average number of employees
During the year the average number of employees was 0 (2018: 0).