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REGISTERED NUMBER: 12248379 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

3SM INVESTMENTS LIMITED

3SM INVESTMENTS LIMITED (REGISTERED NUMBER: 12248379)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

3SM INVESTMENTS LIMITED

COMPANY INFORMATION
for the Year Ended 31 October 2023







DIRECTOR: Mrs C J McNicholas





REGISTERED OFFICE: Tower House & Tower Yard
Durham Tees Valley Airport
Darlington
DL2 1PD





REGISTERED NUMBER: 12248379 (England and Wales)





ACCOUNTANTS: Ian Hewertson BA (Hons) FCCA
Sandicroft 193 Limited
Chartered Certified Accountants
35 Bramley Close
Blackpool
Lancashire
FY4 5FP

3SM INVESTMENTS LIMITED (REGISTERED NUMBER: 12248379)

ABRIDGED BALANCE SHEET
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 277,403 305,928
Investments 5 50,000 50,000
327,403 355,928

CURRENT ASSETS
Debtors 6 441,614 469,091
Cash at bank 3,653 2,932
445,267 472,023
CREDITORS
Amounts falling due within one year 151,459 122,251
NET CURRENT ASSETS 293,808 349,772
TOTAL ASSETS LESS CURRENT
LIABILITIES

621,211

705,700

CREDITORS
Amounts falling due after more than one
year

7

610,030

670,868

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 11,180 34,831
11,181 34,832
621,211 705,700

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

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

3SM INVESTMENTS LIMITED (REGISTERED NUMBER: 12248379)

ABRIDGED BALANCE SHEET - continued
31 October 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 October 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 26 July 2024 and were signed by:





Mrs C J McNicholas - Director


3SM INVESTMENTS LIMITED (REGISTERED NUMBER: 12248379)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2023


1. STATUTORY INFORMATION

3SM Investments 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

3. EMPLOYEES AND DIRECTORS

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

3SM INVESTMENTS LIMITED (REGISTERED NUMBER: 12248379)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2023


4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2022 501,289
Additions 72,151
Disposals (20,721 )
At 31 October 2023 552,719
DEPRECIATION
At 1 November 2022 195,361
Charge for year 94,211
Eliminated on disposal (14,256 )
At 31 October 2023 275,316
NET BOOK VALUE
At 31 October 2023 277,403
At 31 October 2022 305,928

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 November 2022
and 31 October 2023 50,000
NET BOOK VALUE
At 31 October 2023 50,000
At 31 October 2022 50,000

6. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other debtors 434,916 450,646

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2023 2022
£    £   
Repayable otherwise than by instalments
Investor loan notes 500,000 500,000

Repayable by instalments
Finance leases 93,698 147,561

3SM INVESTMENTS LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
3SM INVESTMENTS LIMITED


The following reproduces the text of the report prepared for the director 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 Abridged Income Statement and certain other primary statements and the Report of the Director 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 October 2023 set out on pages three to eight 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.






Ian Hewertson BA (Hons) FCCA
Sandicroft 193 Limited
Chartered Certified Accountants
35 Bramley Close
Blackpool
Lancashire
FY4 5FP


29 July 2024