ACCOUNTS - Final Accounts

Registered number: 04612922

3 SPY LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024


3 SPY LIMITED REGISTERED NUMBER:04612922

BALANCE SHEET

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£



Creditors: amounts falling due within one year	4	(1,200)		(1,200)
Net current liabilities			(1,200)		(1,200)
Total assets less current liabilities			(1,200)		(1,200)

Net liabilities			(1,200)		(1,200)

Capital and reserves
Called up share capital	90	90
Other reserves	10	10
Profit and loss account	(1,300)	(1,300)
	(1,200)	(1,200)

For the year ended 31 December 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

Mr S Mckenzie

Director

Date: 6 March 2025

The notes on page 2 form part of these financial statements.

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3 SPY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

3 Spy Limited (“the company”) is a private company limited by shares incorporated in England and Wales under the Companies Act.
The registered number and address of the registered office is given in the company information.
The functional and presentational currency of the company is pounds sterling (£) and rounded to the nearest whole pound.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

2.2

Going concern

The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The validity of this assumption depends on continued financial support from its directors and shareholders. The financial statements do not include any adjustments that would result if such support is not continuing.

2.3

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

4.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

	Other creditors	1,200	1,200

5.	Related party transactions
	Included within other creditors is a balance due to a director of £1,200 (2023: £1,200). This balance is unsecured, interest free and repayable on demand.

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