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REGISTERED NUMBER: 10279435 (England and Wales)















Financial Statements for the Year Ended 31 May 2021

for

Third November Limited

Third November Limited (Registered number: 10279435)






Contents of the Financial Statements
for the Year Ended 31 May 2021




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Third November Limited

Company Information
for the Year Ended 31 May 2021







DIRECTOR: Mr M U Shafiq





REGISTERED OFFICE: The Gatehouse
453 Cranbrook Road
Ilford
Essex
IG2 6EW





REGISTERED NUMBER: 10279435 (England and Wales)





ACCOUNTANTS: Nielsens
Chartered Accountants
The Gatehouse
453 Cranbrook Road
Ilford
Essex
IG2 6EW

Third November Limited (Registered number: 10279435)

Abridged Balance Sheet
31 May 2021

31.5.21 31.5.20
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 11,700 13,650
Tangible assets 5 154,088 179,492
165,788 193,142

CURRENT ASSETS
Stocks 7,500 8,000
Debtors 95,364 21,428
Cash at bank and in hand 2,244 26,592
105,108 56,020
CREDITORS
Amounts falling due within one year 111,094 129,518
NET CURRENT LIABILITIES (5,986 ) (73,498 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

159,802

119,644

CREDITORS
Amounts falling due after more than one year 142,160 173,800
NET ASSETS/(LIABILITIES) 17,642 (54,156 )

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 17,542 (54,256 )
SHAREHOLDERS' FUNDS 17,642 (54,156 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2021 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.

Third November Limited (Registered number: 10279435)

Abridged Balance Sheet - continued
31 May 2021


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2021 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 April 2025 and were signed by:





Mr M U Shafiq - Director


Third November Limited (Registered number: 10279435)

Notes to the Financial Statements
for the Year Ended 31 May 2021

1. STATUTORY INFORMATION

Third November Limited is a private company, limited by shares , registered in England and Wales. 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.

The company has received assurances from the director and shareholder of his continued financial support for the foreseeable future. On this basis, the director consider it appropriate to prepare the financial statements on the going concern basis.

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.

Licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures, fittings & equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


Third November Limited (Registered number: 10279435)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2021

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 14 (2020 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2020
and 31 May 2021 19,500
AMORTISATION
At 1 June 2020 5,850
Amortisation for year 1,950
At 31 May 2021 7,800
NET BOOK VALUE

At 31 May 2021 11,700
At 31 May 2020 13,650

Third November Limited (Registered number: 10279435)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2021

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2020 256,418
Additions 316
At 31 May 2021 256,734
DEPRECIATION
At 1 June 2020 76,926
Charge for year 25,720
At 31 May 2021 102,646
NET BOOK VALUE
At 31 May 2021 154,088
At 31 May 2020 179,492

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.21 31.5.20
value: £    £   
100 Ordinary £1 100 100