REGISTERED NUMBER: 03315224 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Colin Gamble Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr C P Gamble

SECRETARY:

Mrs K Gamble

REGISTERED OFFICE:

18 St Christopher's Way

Pride Park

Derby

Derbyshire

DE24 8JY

REGISTERED NUMBER:

03315224 (England and Wales)

ACCOUNTANTS:

Franklins

18 St Christopher's Way

Pride Park

Derby

Derbyshire

DE24 8JY

FIXED ASSETS

Tangible assets

4

10,055

12,955

CURRENT ASSETS

Debtors

5

58,876

61,511

Cash at bank

10,633

44,477

69,509

105,988

CREDITORS

Amounts falling due within one year

6

26,956

25,863

NET CURRENT ASSETS

42,553

80,125

TOTAL ASSETS LESS CURRENT LIABILITIES

52,608

93,080

PROVISIONS FOR LIABILITIES

2,514

3,239

NET ASSETS

50,094

89,841

CAPITAL AND RESERVES

Called up share capital

7

50,000

50,000

Retained earnings

94

39,841

SHAREHOLDERS' FUNDS

50,094

89,841

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 October 2025 and were signed by:

Mr C P Gamble - Director

1.	STATUTORY INFORMATION

Colin Gamble Properties 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 net invoiced sales of good and services, excluding value added tax.

Tangible fixed assets

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

Plant and equipment - 15% on a reducing balance basis

Fixtures, fittings and computers - 15% on a reducing balance basis

Motor vehicles - 25% on a reducing balance basis

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

Plant and

fittings

Motor

machinery

& computers

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

9,419

9,446

16,990

35,855

DEPRECIATION

At 1 April 2024

7,410

8,057

7,433

22,900

Charge for year

302

209

2,389

2,900

At 31 March 2025

7,712

8,266

9,822

25,800

NET BOOK VALUE

At 31 March 2025

1,707

1,180

7,168

10,055

At 31 March 2024

2,009

1,389

9,557

12,955

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

49,104

19,515

Other debtors

6,504

8,002

Directors' loan accounts

2,157

33,068

Prepayments

1,111

926

58,876

61,511

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

11,435

68

Tax

6,921

14,861

VAT

6,675

9,084

Accruals and deferred income

1,925

1,850

26,956

25,863

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

50,000

Ordinary

£1

50,000

50,000

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

£

Mr C P Gamble

Balance outstanding at start of year

33,068

63,159

Amounts advanced

36,649

45,309

Amounts repaid

(67,560

)

(75,400

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,157

33,068

The director's loan account was repaid within nine months of the year end. Interest was charged on the overdrawn director's loan account at HM Revenue & Customs official rate of interest during the year being 2.25% per annum.