IRIS Accounts Production v24.1.0.578 10585923 director 1.2.23 31.1.24 31.1.24 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh105859232023-01-31105859232024-01-31105859232023-02-012024-01-31105859232022-01-31105859232022-02-012023-01-31105859232023-01-3110585923ns15:EnglandWales2023-02-012024-01-3110585923ns14:PoundSterling2023-02-012024-01-3110585923ns10:Director12023-02-012024-01-3110585923ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3110585923ns10:SmallEntities2023-02-012024-01-3110585923ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3110585923ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3110585923ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3110585923ns10:FullAccounts2023-02-012024-01-3110585923ns10:RegisteredOffice2023-02-012024-01-3110585923ns5:CurrentFinancialInstruments2024-01-3110585923ns5:CurrentFinancialInstruments2023-01-3110585923ns5:Non-currentFinancialInstruments2024-01-3110585923ns5:Non-currentFinancialInstruments2023-01-3110585923ns5:ShareCapital2024-01-3110585923ns5:ShareCapital2023-01-3110585923ns5:RetainedEarningsAccumulatedLosses2024-01-3110585923ns5:RetainedEarningsAccumulatedLosses2023-01-3110585923ns5:FurnitureFittings2023-01-3110585923ns5:FurnitureFittings2023-02-012024-01-3110585923ns5:FurnitureFittings2024-01-3110585923ns5:FurnitureFittings2023-01-3110585923ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-01-3110585923ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-01-31
REGISTERED NUMBER: 10585923 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

SABRE PROPERTY
LIMITED

SABRE PROPERTY
LIMITED (REGISTERED NUMBER: 10585923)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SABRE PROPERTY
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: N Donaldson





REGISTERED OFFICE: 92 Meadow Road
Great Gransden
SG19 3BB





REGISTERED NUMBER: 10585923 (England and Wales)





ACCOUNTANTS: Prime
Chartered Accountants
5 Argosy Court
Scimitar Way
Whitley Business Park
Coventry
CV3 4GA

SABRE PROPERTY
LIMITED (REGISTERED NUMBER: 10585923)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 206 257
Investment property 4 133,000 133,000
133,206 133,257

CURRENT ASSETS
Cash at bank 2,434 3,008

CREDITORS
Amounts falling due within one year 5 42,943 42,684
NET CURRENT LIABILITIES (40,509 ) (39,676 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

92,697

93,581

CREDITORS
Amounts falling due after more than one
year

6

(91,154

)

(91,154

)

PROVISIONS FOR LIABILITIES (916 ) (916 )
NET ASSETS 627 1,511

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 527 1,411
627 1,511

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

SABRE PROPERTY
LIMITED (REGISTERED NUMBER: 10585923)

BALANCE SHEET - continued
31 JANUARY 2024


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 director and authorised for issue on 11 April 2024 and were signed by:





N Donaldson - Director


SABRE PROPERTY
LIMITED (REGISTERED NUMBER: 10585923)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

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 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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

SABRE PROPERTY
LIMITED (REGISTERED NUMBER: 10585923)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


3. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 February 2023
and 31 January 2024 785
DEPRECIATION
At 1 February 2023 528
Charge for year 51
At 31 January 2024 579
NET BOOK VALUE
At 31 January 2024 206
At 31 January 2023 257

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023
and 31 January 2024 133,000
NET BOOK VALUE
At 31 January 2024 133,000
At 31 January 2023 133,000

Fair value at 31 January 2024 is represented by:
£   
Valuation in 2022 4,822
Cost 128,178
133,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 42,943 42,684

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 91,154 91,154

SABRE PROPERTY
LIMITED (REGISTERED NUMBER: 10585923)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 91,154 91,154