Company Registration No. 07176253 (England and Wales)
Barbara Gibson Properties Ltd
Unaudited accounts
for the year ended 31 March 2025
Barbara Gibson Properties Ltd
Unaudited accounts
Contents
Barbara Gibson Properties Ltd
Company Information
for the year ended 31 March 2025
Directors
Alan Stewart Eldridge
Nicholas Jake Gerald Gibbs
Company Number
07176253 (England and Wales)
Registered Office
412 Archway Road
London
N6 5UA
England
Accountants
Abacus Accounting Solutions Ltd
5 Pasture Close
North Wembley
Middlesex
HA0 3JE
Barbara Gibson Properties Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
1,211
1,514
Investment property
176,001
176,001
Cash at bank and in hand
148,155
220,075
Creditors: amounts falling due within one year
(127,747)
(179,177)
Net current assets
176,000
206,742
Net assets
353,212
384,257
Called up share capital
100
100
Profit and loss account
353,112
384,157
Shareholders' funds
353,212
384,257
For the year ending 31 March 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 13 May 2025 and were signed on its behalf by
Alan Stewart Eldridge
Director
Company Registration No. 07176253
Barbara Gibson Properties Ltd
Notes to the Accounts
for the year ended 31 March 2025
Barbara Gibson Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 07176253. The registered office is 412 Archway Road, London, N6 5UA, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
25% Reducing balance
Computer equipment
25% Reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Intangible fixed assets
Goodwill
Barbara Gibson Properties Ltd
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
8,405
9,442
17,847
At 31 March 2025
8,405
9,442
17,847
At 1 April 2024
6,891
9,442
16,333
Charge for the year
303
-
303
At 31 March 2025
7,194
9,442
16,636
At 31 March 2025
1,211
-
1,211
At 31 March 2024
1,514
-
1,514
Fair value at 1 April 2024
176,001
Amounts falling due within one year
Trade debtors
155,592
140,875
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Creditors: amounts falling due within one year
2025
2024
Trade creditors
3,651
42,445
Taxes and social security
73,546
43,678
Other creditors
46,900
63,674
9
Average number of employees
During the year the average number of employees was 7 (2024: 5).