1 February 2023 false No description of principal activity Taxfiler 2024.5 08290186business:PrivateLimitedCompanyLtd2023-02-012024-01-31 082901862023-01-31 082901862023-02-012024-01-31 08290186business:AuditExemptWithAccountantsReport2023-02-012024-01-31 08290186business:FilletedAccounts2023-02-012024-01-31 082901862024-01-31 08290186business:Director12023-02-012024-01-31 08290186business:RegisteredOffice2023-02-012024-01-31 082901862023-01-31 08290186core:WithinOneYear2024-01-31 08290186core:WithinOneYear2023-01-31 08290186core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 08290186core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 08290186core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 08290186core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 08290186core:PreviouslyStatedAmount2024-01-31 08290186core:PreviouslyStatedAmount2023-01-31 08290186business:SmallEntities2023-02-012024-01-31 08290186countries:EnglandWales2023-02-012024-01-31 08290186core:ComputerEquipment2023-02-012024-01-31 08290186core:ComputerEquipment2023-01-31 08290186core:ComputerEquipment2024-01-31 082901862022-02-012023-01-31 iso4217:GBP xbrli:pure
Company Registration No. 08290186 (England and Wales)
GABLES ASSET MANAGEMENT LIMITED Unaudited accounts for the year ended 31 January 2024
GABLES ASSET MANAGEMENT LIMITED Unaudited accounts Contents
Page
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GABLES ASSET MANAGEMENT LIMITED Company Information for the year ended 31 January 2024
Director
K LUNN
Company Number
08290186 (England and Wales)
Registered Office
OFFICE 7 37-39 SHAKESPEARE STREET SOUTHPORT MERSEYSIDE PR8 5AB UNITED KINGDOM
Accountants
Henshaws Accountants Office 7 37-39 Shakespeare Street Southport PR8 5AB
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GABLES ASSET MANAGEMENT LIMITED Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
676 
902 
Investment property
1,000,000 
1,000,000 
1,000,676 
1,000,902 
Current assets
Debtors
33,804 
34,703 
Cash at bank and in hand
325,504 
376,702 
359,308 
411,405 
Creditors: amounts falling due within one year
(15,093)
(13,783)
Net current assets
344,215 
397,622 
Net assets
1,344,891 
1,398,524 
Capital and reserves
Called up share capital
350,000 
450,000 
Profit and loss account
994,891 
948,524 
Shareholders' funds
1,344,891 
1,398,524 
For the year ending 31 January 2024 the company was entitled to exemption from audit 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 October 2024 and were signed on its behalf by
K LUNN Director Company Registration No. 08290186
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GABLES ASSET MANAGEMENT LIMITED Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
GABLES ASSET MANAGEMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08290186. The registered office is OFFICE 7, 37-39 SHAKESPEARE STREET, SOUTHPORT, MERSEYSIDE, PR8 5AB, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Reducing Balance
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GABLES ASSET MANAGEMENT LIMITED Notes to the Accounts for the year ended 31 January 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 February 2023
962 
At 31 January 2024
962 
Depreciation
At 1 February 2023
60 
Charge for the year
226 
At 31 January 2024
286 
Net book value
At 31 January 2024
676 
At 31 January 2023
902 
5
Investment property
2024 
£ 
Fair value at 1 February 2023
1,000,000 
At 31 January 2024
1,000,000 
A formal valuation of the investment property was carried out on the 22nd March 2022. The Director feels that this represents the most accurate fair value of the property on the date of the Balance Sheet
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
33,804 
33,804 
Accrued income and prepayments
- 
899 
33,804 
34,703 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,064 
1,910 
Taxes and social security
12,251 
9,673 
Loans from directors
278 
1,700 
Accruals
500 
500 
15,093 
13,783 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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