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FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

SABRE GROUP LIMITED

SABRE GROUP LIMITED (REGISTERED NUMBER: 02008384)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SABRE GROUP LIMITED

COMPANY INFORMATION
For The Year Ended 31 December 2024







DIRECTORS: P A Freeman
A J Freeman





SECRETARY: P A Freeman





REGISTERED OFFICE: 3/11 Witney Road
Poole
Dorset
BH17 0GJ





REGISTERED NUMBER: 02008384 (England and Wales)





AUDITORS: Schofields
Chartered Accountants and Statutory Auditors
Unit 1, St Stephens Court
15-17 St Stephens Road
Bournemouth
Dorset
BH2 6LA

SABRE GROUP LIMITED (REGISTERED NUMBER: 02008384)

BALANCE SHEET
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 367,259 325,174
Investments 5 166,200 100
Investment property 6 36,663,000 34,475,000
37,196,459 34,800,274

CURRENT ASSETS
Stocks - 75,391
Debtors 7 354,799 170,378
Cash at bank 331,217 1,470,681
686,016 1,716,450
CREDITORS
Amounts falling due within one year 8 2,026,252 1,786,586
NET CURRENT LIABILITIES (1,340,236 ) (70,136 )
TOTAL ASSETS LESS CURRENT LIABILITIES 35,856,223 34,730,138

CREDITORS
Amounts falling due after more than one year 9 (4,214,428 ) (4,567,107 )

PROVISIONS FOR LIABILITIES 11 (1,293,210 ) (1,008,155 )
NET ASSETS 30,348,585 29,154,876

CAPITAL AND RESERVES
Called up share capital 12 1,801,000 1,801,000
Non-distributable revaluation reserve 9,501,032 8,631,373
Retained earnings 19,046,553 18,722,503
SHAREHOLDERS' FUNDS 30,348,585 29,154,876

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 7 May 2025 and were signed on its behalf by:




P A Freeman - Director



A J Freeman - Director


SABRE GROUP LIMITED (REGISTERED NUMBER: 02008384)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2024

1. STATUTORY INFORMATION

Sabre Group 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents the amount derived from rental income and related trading activities excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Freehold property - Straight line on buildings over 50 years
Equipment - 33% on cost and 20% on cost
Motor vehicles - 20% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property and other investments
Investment properties and other investments are revalued annually based on their fair value. Changes to fair value go through the income statement. Gains are not realised and as such are not subject to current tax and are regarded as non-distributable. Depreciation is not provided.

Stocks
Stocks and work in progress is valued at the lower of cost and net realisable value.

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.

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 5 (2023 - 5 ) .

SABRE GROUP LIMITED (REGISTERED NUMBER: 02008384)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Freehold Motor
property Equipment vehicles Totals
£    £    £    £   
COST
At 1 January 2024 307,235 46,753 245,391 599,379
Additions - - 97,622 97,622
Disposals - - (48,995 ) (48,995 )
At 31 December 2024 307,235 46,753 294,018 648,006
DEPRECIATION
At 1 January 2024 102,652 45,358 126,195 274,205
Charge for year 3,969 279 27,876 32,124
Eliminated on disposal - - (25,582 ) (25,582 )
At 31 December 2024 106,621 45,637 128,489 280,747
NET BOOK VALUE
At 31 December 2024 200,614 1,116 165,529 367,259
At 31 December 2023 204,583 1,395 119,196 325,174

5. FIXED ASSET INVESTMENTS

2024 2023
£    £   
Shares in group undertakings 100 100
Other investments not loans 166,100 -
166,200 100

Additional information is as follows:
Shares in
group
undertakings
£   
COST
At 1 January 2024
and 31 December 2024 100
NET BOOK VALUE
At 31 December 2024 100
At 31 December 2023 100

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   
Classic vehicles 166,100 -

The valuation by the directors has been undertaken through market research to include evidence on comparable sales.

SABRE GROUP LIMITED (REGISTERED NUMBER: 02008384)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 34,475,000
Additions 967,200
Revaluations 1,220,800
At 31 December 2024 36,663,000
NET BOOK VALUE
At 31 December 2024 36,663,000
At 31 December 2023 34,475,000

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2024 36,663,000

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

2024 2023
£    £   
Cost 26,976,193 26,008,993

Investment property was valued on a fair value basis on 31 December 2024 by the directors .

The valuation by the directors has been undertaken through property market research to include evidence on comparable sales and rental investment yields.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 254,568 103,365
Other debtors 100,231 67,013
354,799 170,378

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,762 -
Trade creditors 45,910 7,619
Amounts owed to group undertakings 100 100
Taxation and social security 456,886 439,192
Other creditors 1,516,594 1,339,675
2,026,252 1,786,586

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 397,084 -
Other creditors 3,817,344 4,567,107
4,214,428 4,567,107

SABRE GROUP LIMITED (REGISTERED NUMBER: 02008384)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2024

9. 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
Other loans more 5yrs non-inst 3,817,344 4,327,107

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdraft 4,181 -
Bank loans 399,665 -
403,846 -

The bank loan and overdraft were secured by way of various fixed and floating charges over the company's investment property portfolio.

11. PROVISIONS FOR LIABILITIES

The deferred tax provision is analysed as follows:

20242023

Accelerated capital allowances571,129548,835
Investment property revaluation722,081459,320
1,293,2101,008,155


12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,801,000 Ordinary £1 1,801,000 1,801,000

13. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

P J Schofield FCA (Senior Statutory Auditor)
for and on behalf of Schofields

14. RENTAL DEPOSITS

Rental deposits received from tenants are held in designated client accounts, and therefore, are not reported on the balance sheet.