CAMPSIE THREE LIMITED

Company Registration Number:
NI687804 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

CAMPSIE THREE LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

CAMPSIE THREE LIMITED

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Investments: 3 821,228 672,000
Total fixed assets: 821,228 672,000
Current assets
Debtors: 4 1,129 349
Cash at bank and in hand: 14,094 13,981
Total current assets: 15,223 14,330
Creditors: amounts falling due within one year: 5 (582,379) (295,230)
Net current assets (liabilities): (567,156) (280,900)
Total assets less current liabilities: 254,072 391,100
Creditors: amounts falling due after more than one year: 6 (317,625) (433,125)
Total net assets (liabilities): (63,553) (42,025)
Capital and reserves
Called up share capital: 2 2
Profit and loss account: (63,555) (42,027)
Shareholders funds: (63,553) (42,025)

The notes form part of these financial statements

CAMPSIE THREE LIMITED

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 January 2025
and signed on behalf of the board by:

Name: JC McGinnis
Status: Director

The notes form part of these financial statements

CAMPSIE THREE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and value added tax.

Other accounting policies

Investment Fixed asset investments are stated at their purchase cost less any provision for diminution in value. Investment income is included in the profit and loss account on an accruals basis.

CAMPSIE THREE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

CAMPSIE THREE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Fixed investments

The company acquired the property situate at 364 Lisburn Road, Belfast, BT9 6GL, comprised in Folio AN226519L Country Antrim.

CAMPSIE THREE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

CAMPSIE THREE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Creditors: amounts falling due within one year note

Bank Loan - £115,500 Amounts owed to related parties - £309,232 Accruals and deferred income - £157,260 Other creditors - £387 Total - £582,379

CAMPSIE THREE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Creditors: amounts falling due after more than one year note

Bank loan - £317,625

CAMPSIE THREE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

7. Related party transactions

Name of the related party: Uladh Properties Limited
Relationship:
Related company
Description of the Transaction: Loan
£
Balance at 01 May 2023 310
Balance at 30 April 2024 310
Name of the related party: McGinnis Developments (North West) Limited
Relationship:
Related company
Description of the Transaction: Loan
£
Balance at 01 May 2023 127,782
Balance at 30 April 2024 145,742
Name of the related party: McGinnis Developments Limited
Relationship:
Related company
Description of the Transaction: Loan
£
Balance at 01 May 2023 127,782
Balance at 30 April 2024 55,785
Name of the related party: Campsie Two Limited
Relationship:
Related company
Description of the Transaction: Loan
£
Balance at 01 May 2023 3,460
Balance at 30 April 2024 69,595
Name of the related party: Foyle Investments Limited
Relationship:
Related company
Description of the Transaction: Loan
£
Balance at 01 May 2023 37,800
Balance at 30 April 2024 37,800

CAMPSIE THREE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

8. Post balance sheet events

There have been no significant events affecting the company since the year end.