GABLES HOLDINGS LIMITED

GABLES HOLDINGS LIMITED - Company Information

2023-01-012023-12-312023-12-31false11116723GABLES HOLDINGS LIMITED2024-05-10iso4217:GBPxbrli:pure111167232023-01-01111167232023-12-31111167232023-01-012023-12-31111167232022-01-01111167232022-12-31111167232022-01-012022-12-3111116723bus:SmallEntities2023-01-012023-12-3111116723bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3111116723bus:FullAccounts2023-01-012023-12-3111116723bus:PrivateLimitedCompanyLtd2023-01-012023-12-3111116723core:WithinOneYear2023-12-3111116723core:AfterOneYear2023-12-3111116723core:WithinOneYear2022-12-3111116723core:AfterOneYear2022-12-3111116723core:ShareCapital2023-12-3111116723core:SharePremium2023-12-3111116723core:RevaluationReserve2023-12-3111116723core:OtherReservesSubtotal2023-12-3111116723core:RetainedEarningsAccumulatedLosses2023-12-3111116723core:ShareCapital2022-12-3111116723core:SharePremium2022-12-3111116723core:RevaluationReserve2022-12-3111116723core:OtherReservesSubtotal2022-12-3111116723core:RetainedEarningsAccumulatedLosses2022-12-3111116723core:LandBuildings2023-12-3111116723core:PlantMachinery2023-12-3111116723core:Vehicles2023-12-3111116723core:FurnitureFittings2023-12-3111116723core:OfficeEquipment2023-12-3111116723core:NetGoodwill2023-12-3111116723core:IntangibleAssetsOtherThanGoodwill2023-12-3111116723core:ListedExchangeTraded2023-12-3111116723core:UnlistedNon-exchangeTraded2023-12-3111116723core:LandBuildings2022-12-3111116723core:PlantMachinery2022-12-3111116723core:Vehicles2022-12-3111116723core:FurnitureFittings2022-12-3111116723core:OfficeEquipment2022-12-3111116723core:NetGoodwill2022-12-3111116723core:IntangibleAssetsOtherThanGoodwill2022-12-3111116723core:ListedExchangeTraded2022-12-3111116723core:UnlistedNon-exchangeTraded2022-12-3111116723core:LandBuildings2023-01-012023-12-3111116723core:PlantMachinery2023-01-012023-12-3111116723core:Vehicles2023-01-012023-12-3111116723core:FurnitureFittings2023-01-012023-12-3111116723core:OfficeEquipment2023-01-012023-12-3111116723core:NetGoodwill2023-01-012023-12-3111116723core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3111116723core:ListedExchangeTraded2023-01-012023-12-3111116723core:UnlistedNon-exchangeTraded2023-01-012023-12-3111116723core:MoreThanFiveYears2023-01-012023-12-3111116723core:Non-currentFinancialInstruments2023-12-3111116723core:Non-currentFinancialInstruments2022-12-3111116723dpl:CostSales2023-01-012023-12-3111116723dpl:DistributionCosts2023-01-012023-12-3111116723core:LandBuildings2023-01-012023-12-3111116723core:PlantMachinery2023-01-012023-12-3111116723core:Vehicles2023-01-012023-12-3111116723core:FurnitureFittings2023-01-012023-12-3111116723core:OfficeEquipment2023-01-012023-12-3111116723dpl:AdministrativeExpenses2023-01-012023-12-3111116723core:NetGoodwill2023-01-012023-12-3111116723core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3111116723dpl:GroupUndertakings2023-01-012023-12-3111116723dpl:ParticipatingInterests2023-01-012023-12-3111116723dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3111116723core:ListedExchangeTraded2023-01-012023-12-3111116723dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3111116723core:UnlistedNon-exchangeTraded2023-01-012023-12-3111116723dpl:CostSales2022-01-012022-12-3111116723dpl:DistributionCosts2022-01-012022-12-3111116723core:LandBuildings2022-01-012022-12-3111116723core:PlantMachinery2022-01-012022-12-3111116723core:Vehicles2022-01-012022-12-3111116723core:FurnitureFittings2022-01-012022-12-3111116723core:OfficeEquipment2022-01-012022-12-3111116723dpl:AdministrativeExpenses2022-01-012022-12-3111116723core:NetGoodwill2022-01-012022-12-3111116723core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3111116723dpl:GroupUndertakings2022-01-012022-12-3111116723dpl:ParticipatingInterests2022-01-012022-12-3111116723dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3111116723core:ListedExchangeTraded2022-01-012022-12-3111116723dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3111116723core:UnlistedNon-exchangeTraded2022-01-012022-12-3111116723core:NetGoodwill2023-12-3111116723core:IntangibleAssetsOtherThanGoodwill2023-12-3111116723core:LandBuildings2023-12-3111116723core:PlantMachinery2023-12-3111116723core:Vehicles2023-12-3111116723core:FurnitureFittings2023-12-3111116723core:OfficeEquipment2023-12-3111116723core:AfterOneYear2023-12-3111116723core:WithinOneYear2023-12-3111116723core:ListedExchangeTraded2023-12-3111116723core:UnlistedNon-exchangeTraded2023-12-3111116723core:ShareCapital2023-12-3111116723core:SharePremium2023-12-3111116723core:RevaluationReserve2023-12-3111116723core:OtherReservesSubtotal2023-12-3111116723core:RetainedEarningsAccumulatedLosses2023-12-3111116723core:NetGoodwill2022-12-3111116723core:IntangibleAssetsOtherThanGoodwill2022-12-3111116723core:LandBuildings2022-12-3111116723core:PlantMachinery2022-12-3111116723core:Vehicles2022-12-3111116723core:FurnitureFittings2022-12-3111116723core:OfficeEquipment2022-12-3111116723core:AfterOneYear2022-12-3111116723core:WithinOneYear2022-12-3111116723core:ListedExch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Registered Number
11116723
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

GABLES HOLDINGS LIMITED

Company Information
for the year from 1 January 2023 to 31 December 2023


Director	Mr R W Wilkinson


Registered Address	37 Belle Vue Road
	Lincoln
	LN1 1HH


Registered Number	11116723 (England and Wales)

GABLES HOLDINGS LIMITED

Balance Sheet as at
31 December 2023

	Notes	2023		2022
		£	£	£	£
Fixed assets
Investments	4		1,115,104		1,119,662
Investment property	3		145,151		145,151
			1,260,255		1,264,813
Current assets
Debtors	5	147,472		176,435
Current asset investments	6	132,656		124,062
Cash at bank and on hand		146,789		136,583
		426,917		437,080
Creditors amounts falling due within one year	7	(1,613,492)		(1,620,735)
Net current assets (liabilities)			(1,186,575)		(1,183,655)
Total assets less current liabilities			73,680		81,158
Net assets			73,680		81,158
Capital and reserves
Called up share capital			100		100
Profit and loss account			73,580		81,058
Shareholders' funds			73,680		81,158

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 10 May 2024, and are signed on its behalf by:

Mr R W Wilkinson
Director
Registered Company No. 11116723

GABLES HOLDINGS LIMITED

Notes to the Financial Statements
for the year ended 31 December 2023

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less.

Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Financial instruments
	A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment. Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment.

Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. 

	Share capital
	Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

2.	Average number of employees


		2023		2022
	Average number of employees during the year	1		1

3.	Investment property


		£
	Fair value at 01 January 23	145,151
	At 31 December 23	145,151

4.	Fixed asset investments
	Associates RPC Scarborough Limited The principal activity of RPC Scarborough Limited is property investment. Its financial period end is 30th September.

	Investments in groups¹	Other investments²	Total
	£	£	£
Cost or valuation
At 01 January 23	50	1,119,612	1,119,662
Transfers	-	(4,558)	(4,558)
At 31 December 23	50	1,115,054	1,115,104
Net book value
At 31 December 23	50	1,115,054	1,115,104
At 31 December 22	50	1,119,612	1,119,662

	Notes
	¹Investments in group undertakings and participating interests ²Other investments other than loans

5.	Debtors: amounts due within one year

	2023	2022
	£	£
Other debtors	147,250	176,250
Prepayments and accrued income	222	185
Total	147,472	176,435

6.	Current asset investments
	Current financial assets Cost or valuation At 1st January 2023 £124,062 Fair value adjustments £3,743 Additions £4,851 At 31st December 2023 £132,656 At 31st December 2023 £132,656 At 31st December 2022 £124,062

7.	Creditors: amounts due within one year

	2023	2022
	£	£
Taxation and social security	-	7,742
Other creditors	1,612,782	1,612,282
Accrued liabilities and deferred income	710	711
Total	1,613,492	1,620,735