Company Registration No. 12312823 (England and Wales)
3 THE GREEN LTD
Unaudited accounts
for the year ended 30 November 2023
3 THE GREEN LTD
Unaudited accounts
Contents
3 THE GREEN LTD
Company Information
for the year ended 30 November 2023
Company Number
12312823 (England and Wales)
Registered Office
C/O Solid Ltd
Eagle House
163 City Road
London
EC1V 1NR
Accountants
Solid Ltd
Eagle House
163 City Road
London
EC1V 1NR
3 THE GREEN LTD
Accountants' report
Accountants' report to the director of 3 THE GREEN LTD on the preparation of the unaudited statutory accounts for the year ended 30 November 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
3 THE GREEN LTD for the year ended
30 November 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of 3 THE GREEN LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of 3 THE GREEN LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 3 THE GREEN LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that 3 THE GREEN LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of 3 THE GREEN LTD. You consider that 3 THE GREEN LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of 3 THE GREEN LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Solid Ltd
Eagle House
163 City Road
London
EC1V 1NR
20 August 2024
3 THE GREEN LTD
Statement of financial position
as at 30 November 2023
Investment property
690,000
690,000
Cash at bank and in hand
28,030
37,527
Creditors: amounts falling due within one year
(529,039)
(579,126)
Net current liabilities
(501,009)
(537,311)
Total assets less current liabilities
188,991
152,689
Provisions for liabilities
Deferred tax
(10,722)
(10,722)
Net assets
178,269
141,967
Called up share capital
10
10
Revaluation reserve
45,711
45,711
Profit and loss account
132,548
96,246
Shareholders' funds
178,269
141,967
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 August 2024 and were signed on its behalf by
Faton Kelani
Director
Company Registration No. 12312823
3 THE GREEN LTD
Notes to the Accounts
for the year ended 30 November 2023
3 THE GREEN LTD is a private company, limited by shares, registered in England and Wales, registration number 12312823. The registered office is C/O Solid Ltd, Eagle House, 163 City Road, London, EC1V 1NR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the renting of property is recognised by reference to the period in which it is due.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Fair value at 1 December 2022
690,000
At 30 November 2023
690,000
The investment property was given an estimated value by Home Search Ltd in January 2023.
Amounts falling due within one year
3 THE GREEN LTD
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
523,127
576,126
Deferred income
3,000
3,000
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).