IRIS Accounts Production v24.1.0.578 02815880 Board of Directors 1.8.22 31.7.23 31.7.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh028158802022-07-31028158802023-07-31028158802022-08-012023-07-31028158802021-07-31028158802021-08-012022-07-31028158802022-07-3102815880ns15:EnglandWales2022-08-012023-07-3102815880ns14:PoundSterling2022-08-012023-07-3102815880ns10:Director12022-08-012023-07-3102815880ns10:PrivateLimitedCompanyLtd2022-08-012023-07-3102815880ns10:SmallEntities2022-08-012023-07-3102815880ns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3102815880ns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3102815880ns10:SmallCompaniesRegimeForAccounts2022-08-012023-07-3102815880ns10:FullAccounts2022-08-012023-07-3102815880ns10:Director22022-08-012023-07-3102815880ns10:CompanySecretary12022-08-012023-07-3102815880ns10:RegisteredOffice2022-08-012023-07-3102815880ns5:CurrentFinancialInstruments2023-07-3102815880ns5:CurrentFinancialInstruments2022-07-3102815880ns5:Non-currentFinancialInstruments2023-07-3102815880ns5:Non-currentFinancialInstruments2022-07-3102815880ns5:ShareCapital2023-07-3102815880ns5:ShareCapital2022-07-3102815880ns5:RetainedEarningsAccumulatedLosses2023-07-3102815880ns5:RetainedEarningsAccumulatedLosses2022-07-3102815880ns5:LandBuildings2022-07-3102815880ns5:LandBuildings2023-07-3102815880ns5:LandBuildings2022-07-3102815880ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3102815880ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-3102815880ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-07-3102815880ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-07-3102815880ns5:RetainedEarningsAccumulatedLosses2022-07-3102815880ns5:RetainedEarningsAccumulatedLosses2022-08-012023-07-31
REGISTERED NUMBER: 02815880 (England and Wales)










Financial Statements

for the Year Ended 31 July 2023

for

3 E Investment Ltd

3 E Investment Ltd (Registered number: 02815880)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


3 E Investment Ltd

Company Information
for the Year Ended 31 July 2023







DIRECTORS: Mr Lau
Mrs K S Lau-Anderson





SECRETARY: Mrs K S Lau-Anderson





REGISTERED OFFICE: 9 Heritage Gardens
The Walled Garden
High Gosforth Park
Newcastle Upon Tyne
NE3 5AF





REGISTERED NUMBER: 02815880 (England and Wales)





ACCOUNTANTS: SKS Bailey Group Limited
52-56 Coatsworth Road
Gateshead
NE8 1QN

3 E Investment Ltd (Registered number: 02815880)

Balance Sheet
31 July 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,876,818 1,876,818

CURRENT ASSETS
Debtors 5 20,700 700
Cash at bank and in hand 41,044 35,209
61,744 35,909
CREDITORS
Amounts falling due within one year 6 (18,747 ) (22,664 )
NET CURRENT ASSETS 42,997 13,245
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,919,815

1,890,063

CREDITORS
Amounts falling due after more than one
year

7

(95,248

)

(110,899

)
NET ASSETS 1,824,567 1,779,164

CAPITAL AND RESERVES
Called up share capital 676 676
Retained earnings 8 1,823,891 1,778,488
1,824,567 1,779,164

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

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

3 E Investment Ltd (Registered number: 02815880)

Balance Sheet - continued
31 July 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 23 April 2024 and were signed on its behalf by:





Mr Lau - Director


3 E Investment Ltd (Registered number: 02815880)

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

1. STATUTORY INFORMATION

3 E Investment 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.

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

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.

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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 August 2022
and 31 July 2023 1,876,818
NET BOOK VALUE
At 31 July 2023 1,876,818
At 31 July 2022 1,876,818

3 E Investment Ltd (Registered number: 02815880)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 20,000 -
Other debtors 700 700
20,700 700

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other loans - 10,000
Trade creditors 1,523 3,048
Corporation tax 10,849 9,528
VAT payable 2,883 88
Directors' current accounts 3,492 -
18,747 22,664

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 95,248 110,899

8. RESERVES
Retained
earnings
£   

At 1 August 2022 1,778,488
Profit for the year 45,403
At 31 July 2023 1,823,891