QGATE HOLDINGS LIMITED Accounts

QGATE HOLDINGS LIMITED - Company Information






QGATE HOLDINGS LIMITED

	Company No. 10948961
		Information for Filing with The Registrar
		30 June 2023

The Directors present their report and the accounts for the year ended 30 June 2023.

Principal activities
The principal activity of the company during the year under review was that of a holding company.




Directors

The Directors who served at any time during the year were as follows:

M.A. COOPER
R.S. DEXTER
B.J. GREEN





































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

R.S. DEXTER
Director
09 February 2024

at	30 June 2023
Company No.		10948961	Notes	2023	2022
				£	£
Fixed assets



	Investments		4	3,017	3,017
				3,017	3,017
Current assets



	Cash at bank and in hand			3,638	39,738
				3,638	39,738
Creditors: Amount falling due within one year			5	(1,782)	(1,360)
Net current assets				1,856	38,378
Total assets less current liabilities				4,873	41,395




Net assets				4,873	41,395

Capital and reserves
	Called up share capital			2,925	2,925
	Share premium account		6	50	50


	Profit and loss account		6	1,898	38,420

Total equity				4,873	41,395



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 30 June 2023 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 09 February 2024 and signed on its behalf by:
R.S. DEXTER
Director
09 February 2024

for the year ended 30 June 2023

General information

QGATE HOLDINGS LIMITED is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 10948961

Its registered office is:

Ground Floor

Cromwell House

15 Andover Road

Winchester

SO23 7BT

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Investments

Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3	Employees
			2023	2022
			Number	Number
		The average monthly number of employees (including directors) during the year was:	3	3

4	Investments
			Investment in Subsidiaries	Total
			£	£
		Cost or valuation
		At 1 July 2022	3,017	3,017



		At 30 June 2023	3,017	3,017
		Provisions/Impairment





		Net book values
		At 30 June 2023	3,017	3,017
		At 30 June 2022	3,017	3,017

5	Creditors:
		amounts falling due within one year
			2023	2022
			£	£





		Amounts owed to group undertakings	1,350	1,000



		Accruals and deferred income	432	360
			1,782	1,360

Reserves

Share premium account - includes any premiums received on issue of share capital. Any transaction costs associated with the issuing of shares are deducted from share premium.

Profit and loss account - includes all current and prior period retained profits and losses.

7	Dividends
			2023	2022
			£	£
		Dividends for the period:
		Dividends paid in the period	36,000	36,000

			36,000	36,000

		Dividends by type:

		Equity dividends	36,000	36,000
			36,000	36,000