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REGISTERED NUMBER: 09167858 (England and Wales)











Financial Statements

for the Period

1 December 2021 to 31 March 2023

for

GIBBONS PROPERTY INVESTMENTS LTD

GIBBONS PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 09167858)






Contents of the Financial Statements
for the Period 1 December 2021 to 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GIBBONS PROPERTY INVESTMENTS LTD

Company Information
for the Period 1 December 2021 to 31 March 2023







DIRECTORS: Mrs M Gibbons
Mr A Gibbons





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: 09167858 (England and Wales)





ACCOUNTANTS: JLA (UK) Ltd
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

GIBBONS PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 09167858)

Balance Sheet
31 March 2023

31.3.23 30.11.21
Notes £    £    £    £   
FIXED ASSETS
Investments 4 136,206 145,501
Investment property 5 666,053 300,132
802,259 445,633

CURRENT ASSETS
Debtors 6 9,191 9,759
Cash at bank 70,083 21,215
79,274 30,974
CREDITORS
Amounts falling due within one year 7 409,742 2,232
NET CURRENT (LIABILITIES)/ASSETS (330,468 ) 28,742
TOTAL ASSETS LESS CURRENT
LIABILITIES

471,791

474,375

PROVISIONS FOR LIABILITIES 8 950 950
NET ASSETS 470,841 473,425

CAPITAL AND RESERVES
Called up share capital 200 200
Non distributable reserve 11,081 20,847
Retained earnings 459,560 452,378
SHAREHOLDERS' FUNDS 470,841 473,425

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 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.

GIBBONS PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 09167858)

Balance Sheet - continued
31 March 2023


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 17 November 2023 and were signed on its behalf by:





Mr A Gibbons - Director


GIBBONS PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 09167858)

Notes to the Financial Statements
for the Period 1 December 2021 to 31 March 2023

1. STATUTORY INFORMATION

Gibbons Property Investments Ltd 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 as modified by the revaluation of certain assets.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period 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 period 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.

Turnover
Turnover represents rental and Investment income received.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2021 - 2 ).

GIBBONS PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 09167858)

Notes to the Financial Statements - continued
for the Period 1 December 2021 to 31 March 2023

4. FIXED ASSET INVESTMENTS
Listed Unlisted
investments investments Totals
£    £    £   
COST OR VALUATION
At 1 December 2021 139,927 5,574 145,501
Additions 899 - 899
Revaluations (11,013 ) 819 (10,194 )
At 31 March 2023 129,813 6,393 136,206
NET BOOK VALUE
At 31 March 2023 129,813 6,393 136,206
At 30 November 2021 139,927 5,574 145,501

Cost or valuation at 31 March 2023 is represented by:

Listed Unlisted
investments investments Totals
£    £    £   
Valuation in 2023 (11,013 ) 819 (10,194 )
Cost 140,826 5,574 146,400
129,813 6,393 136,206

5. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 December 2021 300,132
Additions 365,921
At 31 March 2023 666,053
NET BOOK VALUE
At 31 March 2023 666,053
At 30 November 2021 300,132

Cost or valuation at 31 March 2023 is represented by:
£   
Valuation in 2021 300,132
Valuation in 2023 365,921
666,053

GIBBONS PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 09167858)

Notes to the Financial Statements - continued
for the Period 1 December 2021 to 31 March 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 30.11.21
£    £   
Other debtors 8,604 8,133
Directors' current accounts 359 -
Prepayments and accrued income 228 1,626
9,191 9,759

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 30.11.21
£    £   
Amounts owed to group undertakings 406,288 -
Tax 1,363 1,128
Other creditors 100 100
Directors' current accounts - 192
Accruals and deferred income 1,991 812
409,742 2,232

8. PROVISIONS FOR LIABILITIES
31.3.23 30.11.21
£    £   
Deferred tax 950 950

Deferred
tax
£   
Balance at 1 December 2021 950
Balance at 31 March 2023 950

9. RELATED PARTY DISCLOSURES

At the year end included within debtors is £359 (2021 creditors: £192) owed by the Director. This amount is interest free and repayable upon demand.