Gebler Associates Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 01835047 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2022

FOR

GEBLER ASSOCIATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D G Tooth

S M A Gebler

P M Fennell

SECRETARY:

D G Tooth

REGISTERED OFFICE:

3 World Business Centre

Newall Road

Hounslow

Middlesex

TW6 2TA

REGISTERED NUMBER:

01835047 (England and Wales)

ACCOUNTANTS:

Walter Wright

Chartered Accountants

89 High Street

Hadleigh

Ipswich

Suffolk

IP7 5EA

FIXED ASSETS

Intangible assets

4

-

13,315

Tangible assets

5

15,110

34,866

15,110

48,181

CURRENT ASSETS

Debtors

6

1,260,951

938,113

Cash at bank

86,790

395,548

1,347,741

1,333,661

CREDITORS

Amounts falling due within one year

7

998,457

795,402

NET CURRENT ASSETS

349,284

538,259

TOTAL ASSETS LESS CURRENT LIABILITIES

364,394

586,440

CREDITORS

Amounts falling due after more than one year

8

225,000

250,000

NET ASSETS

139,394

336,440

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

138,394

335,440

SHAREHOLDERS' FUNDS

139,394

336,440

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 January 2023 and were signed on its behalf by:

D G Tooth - Director

1.	STATUTORY INFORMATION

Gebler Associates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the sales of goods and services, is recognised on dispatch of the goods or provision of the service and excludes value added tax.

Amortisation of intangible fixed assets

Website development costs are amortized over 3 years on cost.

Computer software costs on a project accounting system have been capitalized. The costs will be written off over it's expected useful life.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2021 - 21 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 May 2021

and 30 April 2022

121,790

AMORTISATION

At 1 May 2021

108,475

Charge for year

13,315

At 30 April 2022

121,790

NET BOOK VALUE

At 30 April 2022

-

At 30 April 2021

13,315

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2021

and 30 April 2022

105,246

DEPRECIATION

At 1 May 2021

70,380

Charge for year

19,756

At 30 April 2022

90,136

NET BOOK VALUE

At 30 April 2022

15,110

At 30 April 2021

34,866

6.

DEBTORS

2022

2021

£

£

Amounts falling due within one year:

Trade debtors

786,678

451,614

Other debtors

448,980

461,206

1,235,658

912,820

Amounts falling due after more than one year:

Other debtors

25,293

25,293

Aggregate amounts

1,260,951

938,113

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade creditors

395,926

377,197

Taxation and social security

223,618

217,250

Other creditors

378,913

200,955

998,457

795,402

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2022

2021

£

£

Bank loans

225,000

250,000

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2022

2021

£

£

Within one year

-

3,652

10.	CONTINGENT LIABILITIES

The company has provided a guarantee in respect of advances to Copperbottom Properties Limited by Barclays Bank Plc. Advances to Copperbottom Properties Limited at 30 April 2021 amounted to £1,564,480 (2021 - £1,564,480)

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2022 and 30 April 2021:

2022

2021

£

£

S M A Gebler

Balance outstanding at start of year

79,457

57,231

Amounts advanced

77,605

77,058

Amounts repaid

(127,022

)

(54,832

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

30,040

79,457

D G Tooth

Balance outstanding at start of year

47,351

20,593

Amounts advanced

-

96,823

Amounts repaid

(47,351

)

(70,065

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

47,351