Company registration number 06675825 (England and Wales)
THREE PEARS BRANDS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024
PAGES FOR FILING WITH REGISTRAR
THREE PEARS BRANDS LIMITED
COMPANY INFORMATION
Director
E S Dunn
Secretary
Ms K E Tonks
Company number
06675825
Registered office
Hyefield House
36 Hagley Road
Halesowen
West Midlands
B63 4RH
Accountants
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
THREE PEARS BRANDS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
THREE PEARS BRANDS LIMITED
BALANCE SHEET
AS AT
28 FEBRUARY 2024
28 February 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investments
3
6
6
Current assets
Debtors
5
3,467
3,467
Creditors: amounts falling due within one year
6
(2,585)
(2,585)
Net current assets
882
882
Net assets
888
888
Capital and reserves
Called up share capital
7
2
2
Profit and loss reserves
886
886
Total equity
888
888
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 28 February 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 26 November 2024
E S Dunn
Director
Company registration number 06675825 (England and Wales)
THREE PEARS BRANDS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024
- 2 -
1
Accounting policies
Company information
Three Pears Brands Limited is a private company limited by shares incorporated in England and Wales. The registered office is Hyefield House, 36 Hagley Road, Halesowen, West Midlands, B63 4RH.
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.
The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.
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
Fixed asset investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
1
1
THREE PEARS BRANDS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2024
- 3 -
3
Fixed asset investments
2024
2023
£
£
Shares in group undertakings and participating interests
6
6
4
Subsidiaries
Details of the company's subsidiaries at 28 February 2024 are as follows:
Name of undertaking
Address
Class of
% Held
shares held
Direct
Indirect
Whita Products Limited
1
Ordinary
100.00
100.00
Cyclax Limited
1
Ordinary
100.00
100.00
House of Cyclax Limited
1
Ordinary A
100.00
100.00
Nailoid Limited
1
Ordinary A
100.00
100.00
Registered office addresses:
1
Hyefield House, 36 Hagley Road, Halesowen, West Midlands, B63 4RH
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
637
637
Other debtors
2,830
2,830
3,467
3,467
6
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
88
88
Other creditors
2,497
2,497
2,585
2,585
7
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
2
2
2
2
THREE PEARS BRANDS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2024
- 4 -
8
Related party transactions
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
9
Ultimate controlling party
The company's immediate and ultimate parent company is Three Pears Holdings Limited.
The principal place of business of Three Pears Holdings Limited is at Hyefield House, 36 Hagley Road Halesowen, West Midlands, B63 4RH.
The ultimate controlling party is Mr E S Dunn, the director of the company, who owns all of the issued share capital of the ultimate parent company Three Pears Holdings Limited.