Registered number
08258430
Amigos 3 Limited
Filleted Accounts
31 July 2024
Amigos 3 Limited
Registered number: 08258430
Balance Sheet
as at 31 July 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 333,994 333,994
Current assets
Debtors 4 91,729 91,729
Cash at bank and in hand 236 229
91,965 91,958
Creditors: amounts falling due within one year 5 (37,172) (36,346)
Net current assets 54,793 55,612
Total assets less current liabilities 388,787 389,606
Creditors: amounts falling due after more than one year 6 (380,811) (380,811)
Net assets 7,976 8,795
Capital and reserves
Called up share capital 1 1
Profit and loss account 7,975 8,794
Shareholders' funds 7,976 8,795
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
N Teasdale
Director
Approved by the board on 18 April 2025
Amigos 3 Limited
Notes to the Accounts
for the year ended 31 July 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment 25% on a reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 August 2023 333,994
At 31 July 2024 333,994
Depreciation
At 31 July 2024 -
Net book value
At 31 July 2024 333,994
At 31 July 2023 333,994
4 Debtors 2024 2023
£ £
Trade debtors 13,792 13,792
Amounts owed by group undertakings and undertakings in which the company has a participating interest 77,937 77,937
91,729 91,729
5 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 37,172 36,346
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 202,704 202,704
Other creditors 178,107 178,107
380,811 380,811
7 Other information
Amigos 3 Limited is a private company limited by shares and incorporated in England. Its registered office is:
Pennyweights
Kenley
CR8 5HB
Amigos 3 Limited 08258430 false 2023-08-01 2024-07-31 2024-07-31 VT Final Accounts April 2025 N Teasdale No description of principal activity 08258430 2022-08-01 2023-07-31 08258430 core:WithinOneYear 2023-07-31 08258430 core:AfterOneYear 2023-07-31 08258430 core:ShareCapital 2023-07-31 08258430 core:RetainedEarningsAccumulatedLosses 2023-07-31 08258430 2023-08-01 2024-07-31 08258430 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 08258430 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 08258430 bus:Director40 2023-08-01 2024-07-31 08258430 1 2023-08-01 2024-07-31 08258430 2 2023-08-01 2024-07-31 08258430 countries:England 2023-08-01 2024-07-31 08258430 bus:FRS102 2023-08-01 2024-07-31 08258430 bus:FilletedAccounts 2023-08-01 2024-07-31 08258430 2024-07-31 08258430 core:WithinOneYear 2024-07-31 08258430 core:AfterOneYear 2024-07-31 08258430 core:ShareCapital 2024-07-31 08258430 core:RetainedEarningsAccumulatedLosses 2024-07-31 08258430 core:LandBuildings 2024-07-31 08258430 2023-07-31 08258430 core:LandBuildings 2023-07-31 iso4217:GBP xbrli:pure