Three Little Pigs Properties Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09690564

Three Little Pigs Properties Ltd

Filleted Unaudited Abridged Financial Statements

31 July 2024

Three Little Pigs Properties Ltd

Abridged Financial Statements

Year ended 31 July 2024

Contents	Pages

Officers and professional advisers	1

Abridged statement of financial position	2 to 3

Notes to the abridged financial statements	4 to 5

Three Little Pigs Properties Ltd

Officers and Professional Advisers

The board of directors	Mrs A Hughes
	Mr P Hughes

Registered office	1 King George Street
	Greenwich
	London
	UK
	SE10 8QJ

Accountants	R. E. Jones & Co.
	Chartered accountants
	132 Burnt Ash Road
	Lee
	London
	SE12 8PU

Bankers	Lloyds
	15 Blackheath Village
	London
	SE3 9LH

Three Little Pigs Properties Ltd

Abridged Statement of Financial Position

31 July 2024

	2024		2023
Note	£	£	£

Current assets

Stocks	699,486	699,486
Debtors	4,979	4,477
Cash at bank and in hand	10,922	11,164
	----------	----------
	715,387	715,127

Creditors: amounts falling due within one year	650,218		666,849
	----------		----------
Net current assets		65,169	48,278
		---------	---------
Total assets less current liabilities		65,169	48,278
		---------	---------
Net assets		65,169	48,278
		---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	65,069	48,178
	---------	---------
Shareholders funds	65,169	48,278
	---------	---------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.

For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31 July 2024 in accordance with Section 444(2A) of the Companies Act 2006.

Three Little Pigs Properties Ltd

Abridged Statement of Financial Position (continued)

31 July 2024

These abridged financial statements were approved by the board of directors and authorised for issue on 2 April 2025 , and are signed on behalf of the board by:

Mrs A Hughes

Director

Company registration number: 09690564

Three Little Pigs Properties Ltd

Notes to the Abridged Financial Statements

Year ended 31 July 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 King George Street, Greenwich, London, SE10 8QJ, UK.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The abridged financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2023: 2 ).

5. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2024
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mrs A Hughes	( 647,851)	17,752	( 630,099)
	----------	---------	----------

	2023
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mrs A Hughes	( 683,855)	36,004	( 647,851)
	----------	---------	----------

6. Related party transactions

The company was under the control of Mr and Mrs Hughes as equal shareholders throughout the current and previous year.