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REGISTERED NUMBER: 09752702 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

Three Beaches Ltd

Three Beaches Ltd (Registered number: 09752702)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Three Beaches Ltd

Company Information
for the Year Ended 31 August 2023







DIRECTORS: Mrs T Lam
K K Lam





REGISTERED OFFICE: 1 Howard Road
Reigate
Surrey
RH2 7JE





REGISTERED NUMBER: 09752702 (England and Wales)





ACCOUNTANTS: ACL & Co
Chartered Certified Accountants
The Coach House
North Building
1 Howard Road
Reigate
Surrey
RH2 7JE

Three Beaches Ltd (Registered number: 09752702)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 10,000 12,500
Tangible assets 5 5,570 7,426
15,570 19,926

CURRENT ASSETS
Stocks 1,500 1,500
Debtors 6 3,620 1,800
Cash at bank and in hand 135,812 170,337
140,932 173,637
CREDITORS
Amounts falling due within one year 7 53,150 55,640
NET CURRENT ASSETS 87,782 117,997
TOTAL ASSETS LESS CURRENT
LIABILITIES

103,352

137,923

CREDITORS
Amounts falling due after more than
one year

8

29,600

40,019
NET ASSETS 73,752 97,904

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 73,652 97,804
73,752 97,904

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 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.

Three Beaches Ltd (Registered number: 09752702)

Balance Sheet - continued
31 August 2023


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 20 October 2023 and were signed on its behalf by:




Mrs T Lam - Director



K K Lam - Director


Three Beaches Ltd (Registered number: 09752702)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

Three Beaches 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 machinery etc - 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 11 ) .

Three Beaches Ltd (Registered number: 09752702)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2022
and 31 August 2023 25,000
AMORTISATION
At 1 September 2022 12,500
Charge for year 2,500
At 31 August 2023 15,000
NET BOOK VALUE
At 31 August 2023 10,000
At 31 August 2022 12,500

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2022
and 31 August 2023 16,562
DEPRECIATION
At 1 September 2022 9,136
Charge for year 1,856
At 31 August 2023 10,992
NET BOOK VALUE
At 31 August 2023 5,570
At 31 August 2022 7,426

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Tax 1,205 -
Prepayments 2,415 1,800
3,620 1,800

Three Beaches Ltd (Registered number: 09752702)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade creditors 3,115 119
Tax - 10,333
Social security and other taxes 470 -
VAT 15,383 14,613
Other creditors 15,012 15,012
Directors' current accounts 16,366 12,413
Accrued expenses 2,804 3,150
53,150 55,640

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.8.23 31.8.22
£    £   
Bank loans - 2-5 years 29,600 40,019

Three Beaches Ltd

Report of the Accountants to the Directors of
Three Beaches Ltd

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.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






ACL & Co
Chartered Certified Accountants
The Coach House
North Building
1 Howard Road
Reigate
Surrey
RH2 7JE


Date: .............................................