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REGISTERED NUMBER: 03476731 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Sabre Investments Ltd

Sabre Investments Ltd (Registered number: 03476731)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sabre Investments Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mr S J Aitken
Mr G V Bennett
Ms J Sawyer





SECRETARY: Ms J Sawyer





REGISTERED OFFICE: 4 Southern Court
South Street
Reading
Berkshire
RG1 4QS





REGISTERED NUMBER: 03476731 (England and Wales)





ACCOUNTANTS: Ledger Accounting Services Limited
12 West Links
Tollgate
Chandlers Ford
Southampton
Hampshire
SO53 3TG

Sabre Investments Ltd (Registered number: 03476731)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 51
Investments 5 - 45,000
Investment property 6 1,000,000 790,000
1,000,000 835,051

CURRENT ASSETS
Debtors 7 10,266 4,828
Cash at bank 98,236 84,622
108,502 89,450
CREDITORS
Amounts falling due within one year 8 107,928 99,611
NET CURRENT ASSETS/(LIABILITIES) 574 (10,161 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,000,574

824,890

CREDITORS
Amounts falling due after more than one
year

9

(392,501

)

(449,291

)

PROVISIONS FOR LIABILITIES (33,957 ) (33,967 )
NET ASSETS 574,116 341,632

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 11 551,043 341,043
Retained earnings 22,973 489
574,116 341,632

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

Sabre Investments Ltd (Registered number: 03476731)

Balance Sheet - continued
30 April 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 Board of Directors and authorised for issue on 17 October 2024 and were signed on its behalf by:





Mr S J Aitken - Director


Sabre Investments Ltd (Registered number: 03476731)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Sabre 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.

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.

Turnover
Turnover represents rents receivable, excluding value added tax.

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 cost

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 and 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 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.

3. EMPLOYEES AND DIRECTORS

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

Sabre Investments Ltd (Registered number: 03476731)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 1,242
DEPRECIATION
At 1 May 2023 1,191
Charge for year 51
At 30 April 2024 1,242
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 51

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
30.4.24 30.4.23
£    £   
Investment account - 45,000

Investments are held at cost

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023 790,000
Revaluations 210,000
At 30 April 2024 1,000,000
NET BOOK VALUE
At 30 April 2024 1,000,000
At 30 April 2023 790,000

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2003 335,000
Valuation in 2008 225,000
Valuation in 2012 (185,000 )
Valuation in 2024 210,000
Cost 415,000
1,000,000

Sabre Investments Ltd (Registered number: 03476731)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

6. INVESTMENT PROPERTY - continued

If investment property had not been revalued it would have been included at the following historical cost:

30.4.24 30.4.23
£    £   
Cost 415,000 415,000

Investment property was valued on open market basis on 31 August 2023 by Andrew Forbes Limited .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 9,942 4,570
Other debtors 324 258
10,266 4,828

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 19,360 19,429
Trade creditors 588 1,339
Amounts owed to group undertakings 4,800 -
Taxation and social security 15,112 12,034
Other creditors 68,068 66,809
107,928 99,611

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 66,804 86,095
Amounts owed to group undertakings 325,697 363,196
392,501 449,291

10. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Bank loans 86,164 105,524

Bank loans are secured by a charge over investment property

Sabre Investments Ltd (Registered number: 03476731)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

11. RESERVES
Revaluation
reserve
£   
At 1 May 2023 341,043
Revaluation 210,000

At 30 April 2024 551,043

12. ULTIMATE CONTROLLING PARTY

By virtue of their ownership of the entire share capital of the ultimate parent undertaking, Insource Group Limited, the directors S J Aitken, G V Bennett and J Sawyer ultimately control the company.