REGISTERED NUMBER: 10203862 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

GIBBS PROPERTY HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B Gibbs

B Gibbs

E P Gibbs

REGISTERED OFFICE:

23 St Leonards Road

Bexhill-on-Sea

East Sussex

TN40 1HH

REGISTERED NUMBER:

10203862 (England and Wales)

ACCOUNTANTS:

Galloways Accounting (Bexhill) Limited

23 St Leonards Road

Bexhill On Sea

East Sussex

TN40 1HH

FIXED ASSETS

Tangible assets

4

22,564

27,208

Investment property

5

1,450,000

1,450,000

1,472,564

1,477,208

CURRENT ASSETS

Debtors

6

18,905

25,051

Cash at bank

54,482

10,642

73,387

35,693

CREDITORS

Amounts falling due within one year

7

692,572

724,331

NET CURRENT LIABILITIES

(619,185

)

(688,638

)

TOTAL ASSETS LESS CURRENT LIABILITIES

853,379

788,570

CREDITORS

Amounts falling due after more than one year

8

(500,242

)

(474,759

)

PROVISIONS FOR LIABILITIES

10

(55,644

)

(55,493

)

NET ASSETS

297,493

258,318

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

11

184,757

184,757

Retained earnings

112,636

73,461

297,493

258,318

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 25 September 2026 and were signed on its behalf by:

B Gibbs - Director

1.	STATUTORY INFORMATION

Gibbs Property Holdings 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.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

37,243

Additions

999

At 31 March 2026

38,242

DEPRECIATION

At 1 April 2025

10,035

Charge for year

5,643

At 31 March 2026

15,678

NET BOOK VALUE

At 31 March 2026

22,564

At 31 March 2025

27,208

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

1,450,000

NET BOOK VALUE

At 31 March 2026

1,450,000

At 31 March 2025

1,450,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,200

-

Amounts owed by associates

17,705

24,401

Other debtors

-

650

18,905

25,051

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

22,341

69,045

Amounts owed to associates

124,513

80,606

Taxation and social security

29,460

20,239

Other creditors

516,258

554,441

692,572

724,331

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

500,242

474,759

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

522,583

-

10.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

55,644

55,493

Deferred

tax

£

Balance at 1 April 2025

55,493

Provided during year

151

Balance at 31 March 2026

55,644

11.

RESERVES

Revaluation

reserve

£

At 1 April 2025

and 31 March 2026

184,757

12.	RELATED PARTY DISCLOSURES

At 31 March 2026, Gibbs Property Holdings Limited was owed £17,705 (2025: £24,401) by Pub 31 Limited, a company under common control by virtue of shared shareholders.

At 31 March 2026, Gibbs Property Holdings Limited owed £124,013 (2025: £80,606) to 31 Group Holdings Limited, a company under common control by virtue of shared shareholders.