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Company Registration No. 6854160 (England and Wales)
GAMBLE & HOLLIS LIMITED Unaudited accounts for the year ended 31 March 2025
GAMBLE & HOLLIS LIMITED Unaudited accounts Contents
Page
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GAMBLE & HOLLIS LIMITED Company Information for the year ended 31 March 2025
Directors
C HOLLIS J GAMBLE
Secretary
C HOLLIS
Company Number
6854160 (England and Wales)
Registered Office
1193 MELTON ROAD SYSTON LEICESTER LE7 2JT
Accountants
AJD Accountancy Services Ltd The Bungalow Coppice Lane Queniborough Leicester LE7 3DR
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GAMBLE & HOLLIS LIMITED Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
13,885 
14,011 
Current assets
Inventories
4,495 
4,335 
Debtors
4,552 
3,271 
Cash at bank and in hand
100,988 
113,531 
110,035 
121,137 
Creditors: amounts falling due within one year
(44,272)
(60,635)
Net current assets
65,763 
60,502 
Total assets less current liabilities
79,648 
74,513 
Provisions for liabilities
Deferred tax
(2,638)
(2,662)
Net assets
77,010 
71,851 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
76,010 
70,851 
Shareholders' funds
77,010 
71,851 
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 4 June 2025 and were signed on its behalf by
C HOLLIS Director Company Registration No. 6854160
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GAMBLE & HOLLIS LIMITED Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
GAMBLE & HOLLIS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 6854160. The registered office is 1193 MELTON ROAD, SYSTON, LEICESTER, LE7 2JT.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Fixtures & fittings
20% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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GAMBLE & HOLLIS LIMITED Notes to the Accounts for the year ended 31 March 2025
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2024
20,000 
At 31 March 2025
20,000 
Amortisation
At 1 April 2024
20,000 
At 31 March 2025
20,000 
Net book value
At 31 March 2025
- 
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
81,842 
18,645 
100,487 
Additions
2,950 
722 
3,672 
At 31 March 2025
84,792 
19,367 
104,159 
Depreciation
At 1 April 2024
71,152 
15,324 
86,476 
Charge for the year
3,102 
696 
3,798 
At 31 March 2025
74,254 
16,020 
90,274 
Net book value
At 31 March 2025
10,538 
3,347 
13,885 
At 31 March 2024
10,690 
3,321 
14,011 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
2,775 
2,221 
Accrued income and prepayments
1,777 
1,050 
4,552 
3,271 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
5,408 
32,979 
Taxes and social security
11,313 
14,781 
Other creditors
22,918 
8,581 
Loans from directors
933 
673 
Accruals
3,700 
3,621 
44,272 
60,635 
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GAMBLE & HOLLIS LIMITED Notes to the Accounts for the year ended 31 March 2025
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
9
Transactions with related parties
Rent was paid during the year of £12,000 (2024 £12,000) for the premises that is owned jointly by the directors.
10
Controlling party
The company is controlled by its directors Mr C.L. Hollis and Mr J.A. Gamble equally.
11
Average number of employees
During the year the average number of employees was 6 (2024: 6).
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