THREE COUNTIES INVESTMENTS LIMITED

Company Registration Number:
02383407 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

THREE COUNTIES INVESTMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

THREE COUNTIES INVESTMENTS LIMITED

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Current assets
Stocks: 105,000 105,000
Debtors: 3 376,825 416,059
Cash at bank and in hand: 113 52
Total current assets: 481,938 521,111
Creditors: amounts falling due within one year: 4 (516,548) (519,775)
Net current assets (liabilities): (34,610) 1,336
Total assets less current liabilities: (34,610) 1,336
Creditors: amounts falling due after more than one year: 5 (16,646) (25,737)
Total net assets (liabilities): (51,256) (24,401)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (51,356) (24,501)
Shareholders funds: (51,256) (24,401)

The notes form part of these financial statements

THREE COUNTIES INVESTMENTS LIMITED

Balance sheet statements

For the year ending 30 June 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 20 March 2025
and signed on behalf of the board by:

Name: Mr J A Dempsey
Status: Director

The notes form part of these financial statements

THREE COUNTIES INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Other accounting policies

Stocks 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.

THREE COUNTIES INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

THREE COUNTIES INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Debtors

Debtors comprise of: Amounts owed by group undertakings and participating interests - £375,726 (2023 - £414,960), Other debtors - £1,099 (2023 - £1,099)

THREE COUNTIES INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Creditors: amounts falling due within one year note

Bank loans and overdraft - £8,823 (2023 - £8,555) Taxation and social security - £235,220 (2023 - £239,720) Other creditors - £272,505 (2023 - £271,500)

THREE COUNTIES INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

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

Bank loans and overdraft - £16,646 (2023 - £25,737)

THREE COUNTIES INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Related party transactions

The company has transactions with companies in which Mr J A Dempsey and Mr P M Estry have beneficial interests and are directors. The company operates a loan account with related parties. The balance included in Other Debtors due from related parties amounted to £375,726 (2023 - £414,960). Parent-subsidiary relationship The company is a wholly owned subsidiary of Middleton Commercial Properties Ltd, a company incorporated in England & Wales. The parent company's registered office address is: 55 Leslie Hough Way, Salford, M6 6AJ