Registration number: 02677490

Sabre Dies Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 10

Sabre Dies Limited

Company Information

Directors

Mr N Leath Mr J Adlam

Registered office

6 Northumberland Court Dukes Park Industrial Estate Chelmsford Essex CM2 6UW

Accountants

DJM Accountants & Consultancy Limited 71-75 Shelton Street Covent Garden London WC2H 9JQ

Sabre Dies Limited

(Registration number: 02677490)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Intangible assets	4	635,068	563,440
Tangible assets	5	709,575	622,723
		1,344,643	1,186,163
Current assets
Stocks	6	121,171	142,327
Debtors	7	1,867,053	3,047,423
Cash at bank and in hand		7,695	4,574
		1,995,919	3,194,324
Creditors: Amounts falling due within one year	8	(1,557,525)	(1,409,077)
Net current assets		438,394	1,785,247
Total assets less current liabilities		1,783,037	2,971,410
Creditors: Amounts falling due after more than one year	8	(239,702)	(158,583)
Provisions for liabilities		-	(31,426)
Net assets		1,543,335	2,781,401
Capital and reserves
Called up share capital	9	250	250
Revaluation reserve		250,000	250,000
Retained earnings		1,293,085	2,531,151
Shareholders' funds		1,543,335	2,781,401

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Sabre Dies Limited

(Registration number: 02677490)
Balance Sheet as at 31 December 2024

Approved and authorised by the Board on 24 September 2025 and signed on its behalf by:
 

......................................... Mr N Leath Director

......................................... Mr J Adlam Director

Sabre Dies Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
6 Northumberland Court
Dukes Park Industrial Estate
Chelmsford
Essex
CM2 6UW
England

These financial statements were authorised for issue by the Board on 24 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Sabre Dies Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Sabre Dies Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Provisions

Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 41 (2023 - 21).

Sabre Dies Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4	Intangible assets

	Research and development £	Total £
Cost or valuation
At 1 January 2024	695,718	695,718
Additions acquired separately	154,734	154,734
At 31 December 2024	850,452	850,452
Amortisation
At 1 January 2024	132,278	132,278
Amortisation charge	83,106	83,106
At 31 December 2024	215,384	215,384
Carrying amount
At 31 December 2024	635,068	635,068
At 31 December 2023	563,440	563,440

5	Tangible assets

	Land and buildings £	Fixtures and fittings £	Plant and machinery £	Motor vehicles  £
Cost or valuation
At 1 January 2024	281,866	33,632	1,252,762	30,170
Additions	-	12,677	153,084	-
At 31 December 2024	281,866	46,309	1,405,846	30,170
Depreciation
At 1 January 2024	-	20,016	943,246	12,445
Charge for the year	-	16,093	52,860	9,956
At 31 December 2024	-	36,109	996,106	22,401
Carrying amount
At 31 December 2024	281,866	10,200	409,740	7,769
At 31 December 2023	281,866	13,616	309,516	17,725

Sabre Dies Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

	Total £
Cost or valuation
At 1 January 2024	1,598,430
Additions	165,761
At 31 December 2024	1,764,191
Depreciation
At 1 January 2024	975,707
Charge for the year	78,909
At 31 December 2024	1,054,616
Carrying amount
At 31 December 2024	709,575
At 31 December 2023	622,723

Included within the net book value of land and buildings above is £281,866 (2023 - £281,866) in respect of freehold land and buildings.
 

6

Stocks

	2024 £	2023 £
Work in progress	121,171	142,327

7

Debtors

Current	Note	2024 £	2023 £
Trade debtors		435,621	932,355
Amounts owed by related parties	12	856,487	2,047,734
Prepayments		542,269	36,108
Other debtors		32,676	31,226
		1,867,053	3,047,423

Sabre Dies Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

8

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Loans and borrowings	10	325,537	361,327
Trade creditors		209,929	747,654
Amounts owed to group undertakings and undertakings in which the company has a participating interest	12	618,312	-
Taxation and social security		88,823	120,222
Accruals and deferred income		258,486	162,475
Other creditors		56,438	17,399
		1,557,525	1,409,077

Creditors: amounts falling due after more than one year

	Note	2024 £	2023 £
Due after one year
Loans and borrowings	10	239,702	158,583

9	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary share of £1 each	250	250	250	250

10	Loans and borrowings

Non-current loans and borrowings

	2024 £	2023 £
Bank borrowings	135,927	145,615
Hire purchase contracts	5,846	12,968
Other borrowings	97,929	-
	239,702	158,583

Current loans and borrowings

Sabre Dies Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

	2024 £	2023 £
Bank borrowings	7,511	7,511
Bank overdrafts	280,126	346,691
Hire purchase contracts	7,125	7,125
Other borrowings	30,775	-
	325,537	361,327

11

Dividends

		2024		2023
		£		£
Interim dividend of £5,815 (2023 - £Nil) per ordinary share		1,453,761		-

12	Related party transactions

Directors' remuneration

The directors' remuneration for the year was as follows:

	2024 £	2023 £
Remuneration	59,150	59,150

13	Parent and ultimate parent undertaking

The company's immediate parent is Laserline Limited, incorporated in England.

 The ultimate controlling party is N Leath and J Adlam..