Company registration number 04036450 (England and Wales)
3GR LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
PAGES FOR FILING WITH REGISTRAR
3GR LIMITED
BALANCE SHEET
AS AT
31 JULY 2024
31 July 2024
- 1 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
2
33,679
33,679
Creditors: amounts falling due within one year
3
(1,104)
(1,104)
Net current assets
32,575
32,575
Capital and reserves
Called up share capital
3,334
3,334
Share premium account
6,666
6,666
Profit and loss reserves
22,575
22,575
Total equity
32,575
32,575

For the financial year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 4 September 2024 and are signed on its behalf by:
Mr J C Hazell
Director
Company registration number 04036450 (England and Wales)
3GR LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
- 2 -
1
Accounting policies
Company information

3GR Limited is a private company limited by shares incorporated in England and Wales. The registered office is Claremont House, 1 Market Square, Bicester, Oxon, OX26 6AA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Profit and loss account

The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.

1.3
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand.

1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors are initially recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

3GR LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
- 3 -
2
Debtors
2024
2023
Amounts falling due within one year:
£
£
Corporation tax recoverable
33,679
33,679
3
Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
1,104
1,104
2024-07-312023-08-01trueCCH SoftwareCCH Accounts Production 2024.200No description of principal activityMr J C HazellMr N C StroudfalsefalseFor the financial year ended 31 July 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies040364502023-08-012024-07-31040364502024-07-31040364502023-07-3104036450core:CurrentFinancialInstrumentscore:WithinOneYear2024-07-3104036450core:CurrentFinancialInstrumentscore:WithinOneYear2023-07-3104036450core:ShareCapital2024-07-3104036450core:ShareCapital2023-07-3104036450core:SharePremium2024-07-3104036450core:SharePremium2023-07-3104036450core:RetainedEarningsAccumulatedLosses2024-07-3104036450core:RetainedEarningsAccumulatedLosses2023-07-3104036450bus:Director12023-08-012024-07-3104036450core:CurrentFinancialInstruments2024-07-3104036450core:CurrentFinancialInstruments2023-07-3104036450bus:EntityNoLongerTradingButTradedInPast2023-08-012024-07-3104036450bus:PrivateLimitedCompanyLtd2023-08-012024-07-3104036450bus:SmallCompaniesRegimeForAccounts2023-08-012024-07-3104036450bus:FRS1022023-08-012024-07-3104036450bus:AuditExemptWithAccountantsReport2023-08-012024-07-3104036450bus:Director22023-08-012024-07-3104036450bus:FullAccounts2023-08-012024-07-31xbrli:purexbrli:sharesiso4217:GBP