2023-06-01 03981469 2024-05-31 03981469 2023-06-01 2024-05-31 03981469 2023-05-31 03981469 2022-06-01 2023-05-31 03981469 uk-core:WithinOneYear 2023-05-31 03981469 uk-core:WithinOneYear 2024-05-31 03981469 uk-core:ShareCapital 2024-05-31 03981469 uk-core:ShareCapital 2023-05-31 03981469 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 03981469 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 03981469 uk-bus:Director1 2023-06-01 2024-05-31 03981469 uk-core:ToolsEquipment 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure 03981469 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 03981469 uk-bus:FRS102 2023-06-01 2024-05-31 03981469 uk-bus:FilletedAccounts 2023-06-01 2024-05-31 03981469 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31
Draft
3T Properties Limited
Registered Number:03981469
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 31 May 2024
3T Properties Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Draft
Registered Number :
03981469
As at 31 May 2024
3T Properties Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
3,820
4,775
2
3,820
4,775
Current assets
Inventories
61,388
61,388
3
Trade and other receivables
50,830
62,580
4
99,460
Cash and cash equivalents
67,608
191,576
211,678
Trade and other payables: amounts falling due within one
year
(16,220)
(5,680)
5
195,458
185,896
Net current assets
Total assets less current liabilities
189,716
200,233
189,716
Net assets
200,233
Capital and reserves
Called up share capital
1,000
1,000
Retained earnings
188,716
199,233
189,716
200,233
Shareholders' funds
For the year ended 31 May 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Christopher John Taylor Director
These financial statements were approved and authorised for issue by the Board on 21 February 2025 and were signed by:
The notes form part of these financial statements
1 of 3
4
Draft
For the year ended 31 May 2024
3T Properties Limited
Notes to the Financial Statements
Statutory Information
3T Properties Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 03981469.
Registered address:
11 Ledran Close
Lower Earley
Reading
Berkshire
RG6 4JF
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
20% Reducing balance
Office equipment
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2. Property, plant and equipment
Office
equipment
£
Cost or
valuation
At 01 June 2023
18,688
At 31 May 2024
18,688
Provision for depreciation and impairment
At 01 June 2023
13,913
Charge for year
955
At 31 May 2024
14,868
At 31 May 2024
Net book value
3,820
At 31 May 2023
4,775
2 of 3
5
Draft
For the year ended 31 May 2024
3T Properties Limited
Notes to the Financial Statements Continued
3. Inventories
2023
2024
£
£
Stocks
61,388
61,388
Work in progress
4. Trade and other receivables
2023
2024
£
£
Trade debtors
11,355
-
Other debtors
51,225
50,830
50,830
62,580
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
1,221
1,801
Other creditors
4,459
14,419
5,680
16,220
6. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
3 of 3