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REGISTERED NUMBER: NI635341 (Northern Ireland)














Unaudited Financial Statements

for the Year Ended

30 September 2024

for

3deo Ni Limited

3deo Ni Limited (Registered number: NI635341)

Contents of the Financial Statements
for the Year Ended 30 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


3deo Ni Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: A MacPherson
S Murphy
S Spark





REGISTERED OFFICE: Scottish Provident Building
7 Donegall Square West
Belfast
Co. Antrim
BT1 6JH





REGISTERED NUMBER: NI635341 (Northern Ireland)





ACCOUNTANTS: M.B.McGrady & Co
Chartered Accountants
Suite 2B
Cadogan House
322 Lisburn Road
Belfast
Co. Antrim
BT9 6GH

3deo Ni Limited (Registered number: NI635341)

Balance Sheet
30 September 2024

30/9/24 30/9/23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 3,303,219 3,181,319
Tangible assets 5 3,880 5,872
3,307,099 3,187,191

CURRENT ASSETS
Debtors 6 39,704 30,908
Cash at bank 47,259 1,046,115
86,963 1,077,023
CREDITORS
Amounts falling due within one year 7 141,797 (11,222 )
NET CURRENT (LIABILITIES)/ASSETS (54,834 ) 1,088,245
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,252,265

4,275,436

CREDITORS
Amounts falling due after more than one
year

8

(6,981

)

(17,365

)

PROVISIONS FOR LIABILITIES (1,350 ) (1,350 )

ACCRUALS AND DEFERRED INCOME (16,984 ) (25,228 )
NET ASSETS 3,226,950 4,231,493

CAPITAL AND RESERVES
Called up share capital 200,570 200,570
Share premium 5,499,562 5,499,562
Retained earnings (2,473,182 ) (1,468,639 )
3,226,950 4,231,493

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

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

The directors acknowledge their 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.

3deo Ni Limited (Registered number: NI635341)

Balance Sheet - continued
30 September 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 Board of Directors and authorised for issue on 19 February 2025 and were signed on its behalf by:





A MacPherson - Director


3deo Ni Limited (Registered number: NI635341)

Notes to the Financial Statements
for the Year Ended 30 September 2024


1. STATUTORY INFORMATION

3deo Ni Limited is a private company, limited by shares , registered in Northern Ireland. 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.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of seven years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% 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.

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.

3deo Ni Limited (Registered number: NI635341)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 16 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 October 2023 3,837,975
Additions 728,673
At 30 September 2024 4,566,648
AMORTISATION
At 1 October 2023 656,656
Charge for year 606,773
At 30 September 2024 1,263,429
NET BOOK VALUE
At 30 September 2024 3,303,219
At 30 September 2023 3,181,319

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023
and 30 September 2024 40,352
DEPRECIATION
At 1 October 2023 34,480
Charge for year 1,992
At 30 September 2024 36,472
NET BOOK VALUE
At 30 September 2024 3,880
At 30 September 2023 5,872

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Other debtors 39,704 30,908

3deo Ni Limited (Registered number: NI635341)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Bank loans and overdrafts 10,333 10,077
Trade creditors 21,730 6,983
Taxation and social security (13,683 ) (165,728 )
Other creditors 123,417 137,446
141,797 (11,222 )

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30/9/24 30/9/23
£    £   
Bank loans 6,981 17,365