Company Registration No. 10845995 (England and Wales)
THREE PLUS LTD
Unaudited accounts
for the year ended 31 July 2024
THREE PLUS LTD
Unaudited accounts
Contents
THREE PLUS LTD
Company Information
for the year ended 31 July 2024
Directors
Mr V Goraniya
Mrs U Gorania
Company Number
10845995 (England and Wales)
Registered Office
19 Hoelion Grove
Rogerstone
Newport
NP10 9PF
WALES
Accountants
Numera Accountancy Ltd
Certified Public Accountants
39 Clive Street
CARDIFF
CF11 7HJ
THREE PLUS LTD
Statement of financial position
as at 31 July 2024
Investment property
1,594,999
1,562,842
Cash at bank and in hand
20,309
77,784
Creditors: amounts falling due within one year
(18,413)
(18,582)
Net current assets
30,030
67,331
Total assets less current liabilities
1,625,029
1,630,173
Creditors: amounts falling due after more than one year
(1,524,727)
(1,537,709)
Called up share capital
50,002
50,002
Profit and loss account
50,300
42,462
Shareholders' funds
100,302
92,464
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. 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 April 2025 and were signed on its behalf by
Mr V Goraniya
Director
Company Registration No. 10845995
THREE PLUS LTD
Notes to the Accounts
for the year ended 31 July 2024
THREE PLUS LTD is a private company, limited by shares, registered in England and Wales, registration number 10845995. The registered office is 19 Hoelion Grove, Rogerstone, Newport, NP10 9PF, WALES.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts are presented in £ sterling.
All amounts are stated on a historical cost basis except that revaluations of investment properties are recognised directly in profit or loss.
Fair value at 1 August 2023
1,562,842
Net loss from fair value adjustments
(55,836)
The company owns properties that are held as investment properties for the purpose of earning rental income. These properties are not owner‑occupied and are held for capital appreciation as well as income generation.
The fair value of the investment properties has been estimated by the director using a judgmental approach based on his knowledge of local market conditions, comparable recent market transactions, and current rental yields. No independent valuation was obtained.
Users of the financial statements should be aware that actual market values may differ from these estimates.
Amounts falling due within one year
Deferred tax asset
13,959
-
Accrued income and prepayments
4,200
492
Amounts falling due after more than one year
Amounts due from group undertakings etc.
5,000
5,000
THREE PLUS LTD
Notes to the Accounts
for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
9,045
9,680
Other creditors
7,461
7,462
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
704,945
624,920
Loans from directors
816,357
912,789
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).