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REGISTERED NUMBER: 12442972 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

THREE PIERS HOLDINGS LIMITED

THREE PIERS HOLDINGS LIMITED (REGISTERED NUMBER: 12442972)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023










Page

Statement of Financial Position 1

Notes to the Financial Statements 2


THREE PIERS HOLDINGS LIMITED (REGISTERED NUMBER: 12442972)

STATEMENT OF FINANCIAL POSITION
28 FEBRUARY 2023

28.2.23 28.2.22
Notes £    £   
FIXED ASSETS
Investments 4 - 63

CURRENT ASSETS
Debtors 5 - 2,894
Cash at bank 16 -
16 2,894
CREDITORS
Amounts falling due within one year 6 (2,420 ) (605 )
NET CURRENT (LIABILITIES)/ASSETS (2,404 ) 2,289
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,404

)

2,352

CAPITAL AND RESERVES
Called up share capital 104 104
Retained earnings (2,508 ) 2,248
(2,404 ) 2,352

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 28 November 2023 and were signed by:





K Brown - Director


THREE PIERS HOLDINGS LIMITED (REGISTERED NUMBER: 12442972)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023


1. STATUTORY INFORMATION

Three Piers Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 12442972

Registered office: C/O DPC Stone Road
Stone House
55 Stone Road Business Park
Stoke on Trent
Staffordshire
ST4 6SR

The principal activity of the company continued to be that of a holding company. The company ceased trading on 28 February 2023. The assets and liabilities presented in the Statement of Financial Position are stated at their recoverable amount.

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.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

THREE PIERS HOLDINGS LIMITED (REGISTERED NUMBER: 12442972)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


2. ACCOUNTING POLICIES - continued

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

THREE PIERS HOLDINGS LIMITED (REGISTERED NUMBER: 12442972)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


2. ACCOUNTING POLICIES - continued

Going concern
The company ceased trading on 28 February 2023. The assets and liabilities presented in the Statement of Financial Position are stated at their recoverable amount.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 March 2022 63
Disposals (63 )
At 28 February 2023 -
NET BOOK VALUE
At 28 February 2023 -
At 28 February 2022 63

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Directors' current accounts - 2,790
Called up share capital not paid - 104
- 2,894

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Tax - 527
Amounts owed to connected
companies - 78
Directors' current accounts 877 -
Accruals and deferred income 1,543 -
2,420 605

THREE PIERS HOLDINGS LIMITED (REGISTERED NUMBER: 12442972)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2023 and 28 February 2022:

28.2.23 28.2.22
£    £   
K Brown
Balance outstanding at start of year 2,790 -
Amounts advanced 104 2,790
Amounts repaid (3,771 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (877 ) 2,790

8. EVENTS AFTER THE END OF THE REPORTING PERIOD

The company ceased trading on 28 February 2023. The assets and liabilities presented in the Statement of Financial Position are stated at their recoverable amount.

There were no significant events up to the date of the approval of the financial statements by the Board.

9. GOING CONCERN

The company ceased trading on 28 February 2023. The assets and liabilities presented in the Statement of Financial Position are stated at their recoverable amount.