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REGISTERED NUMBER: SC634706 (Scotland)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

3B INVESTMENT GROUP LTD

3B INVESTMENT GROUP LTD (REGISTERED NUMBER: SC634706)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


3B INVESTMENT GROUP LTD

COMPANY INFORMATION
for the Year Ended 30 June 2024







DIRECTOR: A D Brown





REGISTERED OFFICE: 6 Miller Road Upper
Ayr
Ayrshire
KA& 2AY





REGISTERED NUMBER: SC634706 (Scotland)





ACCOUNTANTS: K M Stewart & Company
6 Miller Road
Ayr
KA7 2AY

3B INVESTMENT GROUP LTD (REGISTERED NUMBER: SC634706)

BALANCE SHEET
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,675 499

CURRENT ASSETS
Debtors 5 173,603 130,916
Cash at bank and in hand 337,613 212,464
511,216 343,380
CREDITORS
Amounts falling due within one year 6 254,780 121,290
NET CURRENT ASSETS 256,436 222,090
TOTAL ASSETS LESS CURRENT
LIABILITIES

264,111

222,589

CREDITORS
Amounts falling due after more than one
year

7

6,875

14,375
NET ASSETS 257,236 208,214

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 257,136 208,114
SHAREHOLDERS' FUNDS 257,236 208,214

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

3B INVESTMENT GROUP LTD (REGISTERED NUMBER: SC634706)

BALANCE SHEET - continued
30 June 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 March 2025 and were signed by:





A D Brown - Director


3B INVESTMENT GROUP LTD (REGISTERED NUMBER: SC634706)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

3B Investment Group Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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.

Functional currency
The financial statements are presented in British Pounds Sterling which is the functional currency. Figures are shown to the nearest whole pound.

Significant judgements and estimates
The preparation of financial statements requires the use of certain accounting estimates. It also requires the
Directors to exercise judgement in applying the Companies Accounting policies. The areas requiring a higher
degree of judgement, or complexity, and areas where assumptions or estimates are most significant to the
financial statements, are disclosed below:

Estimation Uncertainty

Useful life of properties, plant and equipment
The Company assesses the useful life of its properties, plant and equipment and estimates the annual charge to be depreciated based on this.

Recoverability of Debtors
The Company assesses the recoverability of Debtors on an individual basis, taking into consideration payment history, and perceived liquidity. Where it is considered that there is a higher than normal risk to the
recoverability of these, provision is made against the recoverability of these debts.

Key Judgements made in the application of Accounting Policies
a) Exemptions taken in the application of FRS 102
The Company has considered and taken advantage of the following exemptions in its
application of FRS 102:
i) The Company has not revisited previous accounting estimates

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on cost
Computer equipment - 33.3% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


3B INVESTMENT GROUP LTD (REGISTERED NUMBER: SC634706)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued
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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 July 2023 - 749 749
Additions 9,500 451 9,951
At 30 June 2024 9,500 1,200 10,700
DEPRECIATION
At 1 July 2023 - 250 250
Charge for year 2,375 400 2,775
At 30 June 2024 2,375 650 3,025
NET BOOK VALUE
At 30 June 2024 7,125 550 7,675
At 30 June 2023 - 499 499

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 173,603 130,916

3B INVESTMENT GROUP LTD (REGISTERED NUMBER: SC634706)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 7,500 7,500
Taxation and social security 84,444 68,407
Other creditors 162,836 45,383
254,780 121,290

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 6,875 14,375

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 July 2023 208,114
Profit for the year 79,022
Dividends (30,000 )
At 30 June 2024 257,136

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£    £   
A D Brown
Balance outstanding at start of year 122,077 (239 )
Amounts advanced 114,644 250,763
Amounts repaid (63,135 ) (128,447 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 173,586 122,077