REGISTERED NUMBER: 11309425 (England and Wales)

GAMBLE PROPERTY SERVICES LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mrs T Gamble

Mr D Gamble

REGISTERED OFFICE:

Blacklands Business Centre

11-15 Fearon Road

Hastings

East Sussex

TN34 2EP

REGISTERED NUMBER:

11309425 (England and Wales)

ACCOUNTANTS:

Gibbons Mannington & Phipps LLP

Chartered Accountants

20 Eversley Road

Bexhill-on-Sea

East Sussex

TN40 1HE

FIXED ASSETS

Tangible assets

4

7,751

7,141

CURRENT ASSETS

Stocks

10,000

3,000

Debtors

5

86,130

55,684

Cash at bank

16,664

23,595

112,794

82,279

CREDITORS

Amounts falling due within one year

6

132,734

128,587

NET CURRENT LIABILITIES

(19,940

)

(46,308

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(12,189

)

(39,167

)

CREDITORS

Amounts falling due after more than one year

7

6,378

14,101

NET LIABILITIES

(18,567

)

(53,268

)

CAPITAL AND RESERVES

Called up share capital

8

200

200

Retained earnings

(18,767

)

(53,468

)

SHAREHOLDERS' FUNDS

(18,567

)

(53,268

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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.

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 8th October 2025 and were signed on its behalf by:

Mrs T Gamble - Director

1.	STATUTORY INFORMATION

Gamble Property Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

20% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Grant recognition

Grant income has been recognised under the performance model. Grants that do not specify any future performance-related conditions are recorded when the grant proceeds are received or receivable. Any grant that imposes specified future performance-related conditions is recognised only when the performance-related conditions are met. Grants received before the revenue recognition criteria are satisfied are recognised as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1st April 2024

14,650

2,961

17,611

Additions

-

4,497

4,497

Disposals

-

(2,961

)

(2,961

)

At 31st March 2025

14,650

4,497

19,147

DEPRECIATION

At 1st April 2024

9,175

1,295

10,470

Charge for year

1,096

1,125

2,221

Eliminated on disposal

-

(1,295

)

(1,295

)

At 31st March 2025

10,271

1,125

11,396

NET BOOK VALUE

At 31st March 2025

4,379

3,372

7,751

At 31st March 2024

5,475

1,666

7,141

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

12,006

2,704

Amounts recoverable on contract

34,047

3,761

Other debtors

40,077

49,219

86,130

55,684

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

16,750

15,860

Trade creditors

15,998

12,843

Taxation and social security

98,296

98,311

Other creditors

1,690

1,573

132,734

128,587

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

6,378

14,101

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

200

Ordinary

£1

200

200

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st March 2025 and 31st March 2024:

2025

2024

£

£

Mrs T Gamble and Mr D Gamble

Balance outstanding at start of year

46,540

25,981

Amounts advanced

46,687

45,699

Amounts repaid

(55,829

)

(25,140

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

37,398

46,540

Interest was charged on the average balance outstanding at 2.25%.