Silverfin false 31/05/2023 01/06/2022 31/05/2023 Mrs S M Mansfield 30/03/2015 Mrs S Sharp 30/03/2015 21 February 2024 The principal activity of the Company during the financial year was the letting of property. 04506312 2023-05-31 04506312 bus:Director1 2023-05-31 04506312 bus:Director2 2023-05-31 04506312 core:CurrentFinancialInstruments 2023-05-31 04506312 core:CurrentFinancialInstruments 2022-05-31 04506312 2022-05-31 04506312 core:ShareCapital 2023-05-31 04506312 core:ShareCapital 2022-05-31 04506312 core:RetainedEarningsAccumulatedLosses 2023-05-31 04506312 core:RetainedEarningsAccumulatedLosses 2022-05-31 04506312 2022-06-01 2023-05-31 04506312 bus:FullAccounts 2022-06-01 2023-05-31 04506312 bus:SmallEntities 2022-06-01 2023-05-31 04506312 bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 04506312 bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 04506312 bus:Director1 2022-06-01 2023-05-31 04506312 bus:Director2 2022-06-01 2023-05-31 04506312 2021-06-01 2022-05-31 iso4217:GBP xbrli:pure

Company No: 04506312 (England and Wales)

THREE COUNTIES HOUSING LIMITED

Unaudited Financial Statements
For the financial year ended 31 May 2023
Pages for filing with the registrar

THREE COUNTIES HOUSING LIMITED

Unaudited Financial Statements

For the financial year ended 31 May 2023

Contents

THREE COUNTIES HOUSING LIMITED

BALANCE SHEET

As at 31 May 2023
THREE COUNTIES HOUSING LIMITED

BALANCE SHEET (continued)

As at 31 May 2023
2023 2022
£ £
Current assets
Debtors 0 1,700
Cash at bank and in hand 1,529,674 1,527,457
1,529,674 1,529,157
Creditors: amounts falling due within one year 3 ( 4,343) ( 1,111)
Net current assets 1,525,331 1,528,046
Total assets less current liabilities 1,525,331 1,528,046
Net assets 1,525,331 1,528,046
Capital and reserves
Called-up share capital 1,000 1,000
Profit and loss account 1,524,331 1,527,046
Total shareholders' funds 1,525,331 1,528,046

For the financial year ending 31 May 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Three Counties Housing Limited (registered number: 04506312) were approved and authorised for issue by the Director on 21 February 2024. They were signed on its behalf by:

Mrs S M Mansfield
Director
THREE COUNTIES HOUSING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2023
THREE COUNTIES HOUSING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Three Counties Housing Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Leanne House, 6 Avon Close, Weymouth, DT4 9UX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Borrowing costs

Borrowing costs that are directly attributable to acquisition, construction or production of qualifying assets, are capitalised as part of the cost of those assets. Capitalisation begins when both finance costs and expenditures for the asset are being incurred and activities that are necessary to get the asset ready for use are in progress. Capitalisation ceases when substantially all the activities that are necessary to get the asset ready for use are complete.

All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

The company is run and administered by the directors for whom no formal contracts of service are in place.

3. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 124 0
Other creditors 4,219 1,111
4,343 1,111