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REGISTERED NUMBER: 02819641 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

GABLEMERE LIMITED

GABLEMERE LIMITED (REGISTERED NUMBER: 02819641)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GABLEMERE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2023







DIRECTORS: J K Wallis
Mrs B A Wallis
C Wray FCA





SECRETARY: Mrs B A Wallis





REGISTERED OFFICE: 5 Beaumont Gate
Shenley Hill
Radlett
Hertfordshire
WD7 7AR





REGISTERED NUMBER: 02819641 (England and Wales)





ACCOUNTANTS: Nagler Simmons
Chartered Accountants
5 Beaumont Gate
Shenley Hill
Radlett
WD7 7AR

GABLEMERE LIMITED (REGISTERED NUMBER: 02819641)

BALANCE SHEET
31ST DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21,358 7,831

CURRENT ASSETS
Stocks 713,660 1,031,122
Debtors 5 159,394 265,574
Cash at bank and in hand 60,083 1,750
933,137 1,298,446
CREDITORS
Amounts falling due within one year 6 117,815 222,258
NET CURRENT ASSETS 815,322 1,076,188
TOTAL ASSETS LESS CURRENT
LIABILITIES

836,680

1,084,019

CREDITORS
Amounts falling due after more than
one year

7

8,238

-
NET ASSETS 828,442 1,084,019

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 828,342 1,083,919
SHAREHOLDERS' FUNDS 828,442 1,084,019

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

GABLEMERE LIMITED (REGISTERED NUMBER: 02819641)

BALANCE SHEET - continued
31ST DECEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20th June 2024 and were signed on its behalf by:




J K Wallis - Director



C Wray FCA - Director


GABLEMERE LIMITED (REGISTERED NUMBER: 02819641)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023

1. STATUTORY INFORMATION

Gablemere 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.

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 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.
Plant and machinery etc - 25% on reducing balance and 1/3 on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 15 (2022 - 15 ) .

GABLEMERE LIMITED (REGISTERED NUMBER: 02819641)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st January 2023 169,956
Additions 18,170
At 31st December 2023 188,126
DEPRECIATION
At 1st January 2023 162,125
Charge for year 4,643
At 31st December 2023 166,768
NET BOOK VALUE
At 31st December 2023 21,358
At 31st December 2022 7,831

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 100,649 166,338
Other debtors 58,745 99,236
159,394 265,574

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts - 124,617
Hire purchase contracts (see note 8) 5,815 -
Trade creditors 61,496 40,372
Taxation and social security 16,025 15,390
Other creditors 34,479 41,879
117,815 222,258

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts (see note 8) 8,238 -

GABLEMERE LIMITED (REGISTERED NUMBER: 02819641)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023

8. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

Hire purchase contracts
31.12.23 31.12.22
£    £   
Net obligations repayable:
Within one year 5,815 -
Between one and five years 8,238 -
14,053 -

At 31 December 2023 the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £419,125 (2022-£563,494)