Registered Number 09311138

GATEHUB LIMITED

Abbreviated Accounts

30 November 2016

GATEHUB LIMITED Registered Number 09311138

Abbreviated Balance Sheet as at 30 November 2016

Notes 2016 2015
$ $
Called up share capital not paid - -
Fixed assets
Intangible assets - -
Tangible assets 2 929 1,393
Investments - -
929 1,393
Current assets
Stocks - -
Debtors - -
Investments - -
Cash at bank and in hand 1,323,321 220,899
1,323,321 220,899
Prepayments and accrued income - -
Creditors: amounts falling due within one year (1,162,569 ) (28,631 )
Net current assets (liabilities) 160,752 192,268
Total assets less current liabilities 161,681 193,661
Creditors: amounts falling due after more than one year 0 0
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) 161,681 193,661
Capital and reserves
Called up share capital 12,505 15,011
Share premium account 252,787 252,786
Revaluation reserve 0 0
Other reserves 0 0
Profit and loss account (103,611 ) (74,136 )
Shareholders' funds 161,681 193,661

  • For the year ending 30 November 2016 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 November 2017

And signed on their behalf by:
ENEJ PUNGERCAR, Director

GATEHUB LIMITED Registered Number 09311138

Notes to the Abbreviated Accounts for the period ended 30 November 2016

1 Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
All fixed assets are initially recorded at cost.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residue value, over
the useful economic life of that asset as follows:
25% reducing balance

2 Tangible fixed assets
$
Cost
At 1 December 2015 1,857
Additions -
Disposals -
Revaluations -
Transfers -
At 30 November 2016 1,857
Depreciation
At 1 December 2015 464
Charge for the year 464
On disposals -
At 30 November 2016 928
Net book values
At 30 November 2016 929
At 30 November 2015 1,393