Caseware UK (AP4) 2023.0.135 2023.0.135 2023-07-312023-07-31falsetrue2022-08-01falseNo description of principal activity3The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14268896 2022-07-31 14268896 2022-08-01 2023-07-31 14268896 2021-08-01 2022-07-31 14268896 2023-07-31 14268896 c:Director2 2022-08-01 2023-07-31 14268896 c:Director3 2022-08-01 2023-07-31 14268896 d:PlantMachinery 2022-08-01 2023-07-31 14268896 d:PlantMachinery 2023-07-31 14268896 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 14268896 d:CurrentFinancialInstruments 2023-07-31 14268896 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 14268896 d:ShareCapital 2023-07-31 14268896 d:RetainedEarningsAccumulatedLosses 2023-07-31 14268896 c:OrdinaryShareClass1 2022-08-01 2023-07-31 14268896 c:OrdinaryShareClass1 2023-07-31 14268896 c:FRS102 2022-08-01 2023-07-31 14268896 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 14268896 c:FullAccounts 2022-08-01 2023-07-31 14268896 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 14268896 2 2022-08-01 2023-07-31 14268896 e:PoundSterling 2022-08-01 2023-07-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14268896









THREE90 LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2023

 
THREE90 LIMITED
REGISTERED NUMBER: 14268896

BALANCE SHEET
AS AT 31 JULY 2023

2023
Note
£

Fixed assets
  

Tangible assets
 4 
1,832

  
1,832

Current assets
  

Debtors: amounts falling due within one year
 5 
69,602

Cash at bank and in hand
 6 
301,948

  
371,550

Creditors: amounts falling due within one year
 7 
(288,192)

Net current assets
  
 
 
83,358

Total assets less current liabilities
  
85,190

  

Net assets
  
85,190


Capital and reserves
  

Called up share capital 
 8 
100

Profit and loss account
  
85,090

  
85,190


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 10 April 2024.




Page 1

 
THREE90 LIMITED
REGISTERED NUMBER: 14268896
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2023

John O'Gorman
Eugene Sellors
Director
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
THREE90 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.


General information

Three90 Limited is a company limited by shares and incorporated in England and Wales. The address of the registered office is First Floor, 73-81 Southwark Bridge Road, London, SE1 0NQ. 
The principal activity of the compnay is that of the provision of design, build and engineering services.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Page 3

 
THREE90 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
on reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 3.

Page 4

 
THREE90 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

4.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


Additions
2,443



At 31 July 2023

2,443



Depreciation


Charge for the year on owned assets
611



At 31 July 2023

611



Net book value



At 31 July 2023
1,832


5.


Debtors

2023
£


Trade debtors
69,502

Other debtors
100

69,602



6.


Cash and cash equivalents

2023
£

Cash at bank and in hand
301,948

301,948


Page 5

 
THREE90 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

7.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
51,309

Corporation tax
81,897

Other taxation and social security
43,729

Other creditors
31,571

Accruals and deferred income
79,686

288,192



8.


Share capital

2023
£
Allotted, called up and fully paid


100 Ordinary shares of £1.00 each
100


On incorporation 100 Ordinary shares were issued at £1 par.


9.


Related party transactions

Included within other debtors due within one year is an amount owed by the directors of £16,327, which was repaid in full post year end.


10.


Controlling party

There is no single ultimate controlling party, the company is controlled by its Directors by virtue of their shareholding.

 
Page 6