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REGISTERED NUMBER: 03471645 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

3T BROS LIMITED

3T BROS LIMITED (REGISTERED NUMBER: 03471645)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


3T BROS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: A Record MBE
W J Record



REGISTERED OFFICE: Quest House
Fortran Road
St Mellons
CARDIFF
CF3 0EY



REGISTERED NUMBER: 03471645 (England and Wales)



ACCOUNTANTS: McCabe Ford Williams
Chartered Accountants
Charlton House
Dour Street
DOVER
Kent
CT16 1BL



BANKERS: Royal Bank of Scotland plc
PO Box 412
62/63 Threadneedle Street
LONDON
EC2R 8LA

3T BROS LIMITED (REGISTERED NUMBER: 03471645)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 14,966 11,647
Investments 5 1 1
14,967 11,648

CURRENT ASSETS
Debtors 6 19,987,581 19,988,280
Investments 7 285,684 255,752
Cash at bank 1,679 2,614
20,274,944 20,246,646
CREDITORS
Amounts falling due within one year 8 882 840
NET CURRENT ASSETS 20,274,062 20,245,806
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,289,029

20,257,454

CAPITAL AND RESERVES
Called up share capital 9 10,000,000 10,000,000
Retained earnings 10,289,029 10,257,454
SHAREHOLDERS' FUNDS 20,289,029 20,257,454

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

3T BROS LIMITED (REGISTERED NUMBER: 03471645)

BALANCE SHEET - continued
30 APRIL 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 January 2025 and were signed on its behalf by:





W J Record - Director


3T BROS LIMITED (REGISTERED NUMBER: 03471645)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

3T Bros 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 as modified by the revaluation of certain assets.

Intangible assets
Cryptocurrencies are stated at cost less provision for any permanent diminution in value.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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, adjusted for group relief, 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.

Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.

Current asset investments
Current asset investments are stated at fair value.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the result for the year.

3. EMPLOYEES AND DIRECTORS

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

3T BROS LIMITED (REGISTERED NUMBER: 03471645)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. INTANGIBLE FIXED ASSETS
Crypto-
currencies
£   
COST OR VALUATION
At 1 May 2023 11,647
Revaluations 3,319
At 30 April 2024 14,966
NET BOOK VALUE
At 30 April 2024 14,966
At 30 April 2023 11,647

Cost or valuation at 30 April 2024 is represented by:

Crypto-
currencies
£   
Valuation in 2023 (3,319 )
Valuation in 2024 3,319
Cost 14,966
14,966

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2023
and 30 April 2024 1
NET BOOK VALUE
At 30 April 2024 1
At 30 April 2023 1

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Sundry debtors and prepayments 317 176
Parent company loan 19,987,264 19,988,104
19,987,581 19,988,280

7. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Other investments 285,684 255,752

3T BROS LIMITED (REGISTERED NUMBER: 03471645)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Accrued expenses 882 840

9. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £    £   
10,000,000 Ordinary £1 10,000,000 10,000,000

10. RELATED PARTY DISCLOSURES

During the year the company received £840 in loan repayments (2023-£36,800) from its parent company. At the year end the company was owed £19,987,264 (2023-£19,988,104) by its parent company. No interest was charged on this loan.