REGISTERED NUMBER: 10168846 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

THE GABLES OWNERS LIMITED

DIRECTORS:

J A Martell

V E Dalby

REGISTERED OFFICE:

29 West Street

Ringwood

Hampshire

BH24 1DY

REGISTERED NUMBER:

10168846 (England and Wales)

ACCOUNTANTS:

Carter & Coley

Chartered Accountants

3 Durrant Road

Bournemouth

Dorset

BH2 6NE

FIXED ASSETS

Tangible assets

4

8,614

8,614

CURRENT ASSETS

Debtors

5

306

306

Cash at bank

299

1,098

605

1,404

CREDITORS

Amounts falling due within one year

6

2,480

1,705

NET CURRENT LIABILITIES

(1,875

)

(301

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,739

8,313

CREDITORS

Amounts falling due after more than one year

7

8,615

8,615

NET LIABILITIES

(1,876

)

(302

)

CAPITAL AND RESERVES

Called up share capital

8

11

11

Retained earnings

(1,887

)

(313

)

SHAREHOLDERS' FUNDS

(1,876

)

(302

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 January 2026 and were signed on its behalf by:

V E Dalby - Director

1.	STATUTORY INFORMATION

The Gables Owners 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.

Turnover

Turnover represents ground rent demanded in the year.

Tangible fixed assets

Fixed assets are initially recorded at cost

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 February 2024

and 31 January 2025

8,614

NET BOOK VALUE

At 31 January 2025

8,614

At 31 January 2024

8,614

The value of the freehold property has been written down to a nil value in respect of the 11 flats (out of 12) that have participated in the freehold purchase. The value in respect of those flats is in the leasehold interest rather than the original cost to the company of acquiring the freehold.

The freehold value carried forward is equivalent to the share of the remaining non participator.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

11

11

Prepayments and accrued income

295

295

306

306

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Due to service charge account

2,258

1,273

Accruals and deferred income

222

432

2,480

1,705

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Members loans

8,615

8,615

The original members loaned funds to the company to acquire the freehold reversion of the property. The loans are interest free and have not set terms for repayment.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

11

Ordinary

£1

11

11

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Gables Owners Limited for the year ended 31 January 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of The Gables Owners Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Gables Owners Limited and state those matters that we have agreed to state to the Board of Directors of The Gables Owners Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Gables Owners Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The Gables Owners Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of The Gables Owners Limited. You consider that The Gables Owners Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The Gables Owners Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Carter & Coley

Chartered Accountants

3 Durrant Road

Bournemouth

Dorset

BH2 6NE

6 January 2026