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REGISTERED NUMBER: 03442971 (England and Wales)











Financial Statements

for the Year Ended 31 March 2024

for

LOCATION 3 PROJECTS LIMITED

LOCATION 3 PROJECTS LIMITED (REGISTERED NUMBER: 03442971)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LOCATION 3 PROJECTS LIMITED

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr R A Moon
Mr A Gibbons
Mrs A J Moon
Mrs M Gibbons





SECRETARY: Mr R A Moon





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: 03442971 (England and Wales)





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

LOCATION 3 PROJECTS LIMITED (REGISTERED NUMBER: 03442971)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 204 305

CURRENT ASSETS
Debtors 5 13,966 2,925
Cash at bank 229,022 16,864
242,988 19,789
CREDITORS
Amounts falling due within one year 6 366,703 32,649
NET CURRENT LIABILITIES (123,715 ) (12,860 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(123,511

)

(12,555

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (123,611 ) (12,655 )
SHAREHOLDERS' FUNDS (123,511 ) (12,555 )

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

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

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 28 November 2024 and were signed on its behalf by:





Mr R A Moon - Director


LOCATION 3 PROJECTS LIMITED (REGISTERED NUMBER: 03442971)

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

1. STATUTORY INFORMATION

Location 3 Projects Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

These accounts have been prepared on a going concern basis, on the understanding that the directors and shareholders will continue to financially support the company as there are sufficient external funds available.

Related party exemption
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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machiner
etc
£   
COST
At 1 April 2023
and 31 March 2024 318
DEPRECIATION
At 1 April 2023 13
Charge for year 101
At 31 March 2024 114
NET BOOK VALUE
At 31 March 2024 204
At 31 March 2023 305

LOCATION 3 PROJECTS LIMITED (REGISTERED NUMBER: 03442971)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 13,966 2,925

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 662 -
Taxation and social security 9,628 -
Other creditors 356,413 32,649
366,703 32,649

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
Mr R A Moon and Mrs A J Moon
Balance outstanding at start of year (1,236 ) -
Amounts advanced 32,215 (1,236 )
Amounts repaid (25,141 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 5,838 (1,236 )

Mr A Gibbons and Mrs M Gibbons
Balance outstanding at start of year - -
Amounts advanced 4,179 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,179 -

8. ULTIMATE CONTROLLING PARTY

The company has no ultimate controlling party.