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REGISTERED NUMBER: 14248656 (England and Wales)

























Unaudited Financial Statements for the Year Ended 31 July 2024

for

3 Shire Services Ltd

3 Shire Services Ltd (Registered number: 14248656)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


3 Shire Services Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: J S Henshaw





REGISTERED OFFICE: 2 Station View
Hazel Grove
Stockport
SK7 5ER





REGISTERED NUMBER: 14248656 (England and Wales)





ACCOUNTANTS: IN Accountancy Limited
2 Station View
Bramhall Moor Lane
Hazel Grove
Stockport
Cheshire
SK7 5ER

3 Shire Services Ltd (Registered number: 14248656)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 124,099 36,688

CURRENT ASSETS
Stocks 13,375 -
Debtors 5 22,033 19,560
Cash at bank 46,064 393,337
81,472 412,897
CREDITORS
Amounts falling due within one
year

6

111,645

400,946
NET CURRENT (LIABILITIES)/ASSETS (30,173 ) 11,951
TOTAL ASSETS LESS CURRENT
LIABILITIES

93,926

48,639

CREDITORS
Amounts falling due after more
than one year

7

(54,003

)

(13,333

)

PROVISIONS FOR LIABILITIES (19,989 ) -
NET ASSETS 19,934 35,306

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 19,933 35,305
19,934 35,306

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Shire Services Ltd (Registered number: 14248656)

Balance Sheet - continued
31 July 2024


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 director and authorised for issue on 26 November 2024 and were signed by:





J S Henshaw - Director


3 Shire Services Ltd (Registered number: 14248656)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

3 Shire Services 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.

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 £.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost and 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 Shire Services Ltd (Registered number: 14248656)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 46,032
Additions 101,776
At 31 July 2024 147,808
DEPRECIATION
At 1 August 2023 9,344
Charge for year 14,365
At 31 July 2024 23,709
NET BOOK VALUE
At 31 July 2024 124,099
At 31 July 2023 36,688

3 Shire Services Ltd (Registered number: 14248656)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 August 2023 45,000
Additions 87,361
At 31 July 2024 132,361
DEPRECIATION
At 1 August 2023 9,000
Charge for year 12,336
At 31 July 2024 21,336
NET BOOK VALUE
At 31 July 2024 111,025
At 31 July 2023 36,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 19,848 19,560
Other debtors 2,185 -
22,033 19,560

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Hire purchase contracts 30,604 6,667
Trade creditors 53,004 390,357
Taxation and social security 555 662
Other creditors 27,482 3,260
111,645 400,946

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.24 31.7.23
£    £   
Hire purchase contracts 24,003 13,333
Other creditors 30,000 -
54,003 13,333

8. RELATED PARTY DISCLOSURES

As at 31 July 2024 the company owed the directors £55,626.31 ( 2023: £2,260). This loan is repayable on demand with no interest being charged.