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REGISTERED NUMBER: 12801184 (England and Wales)






Unaudited Financial Statements

for the Year Ended 31st August 2024

for

BUCKINGHAM NO 3 LTD

BUCKINGHAM NO 3 LTD (REGISTERED NUMBER: 12801184)






Contents of the Financial Statements
for the Year Ended 31st August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BUCKINGHAM NO 3 LTD

Company Information
for the Year Ended 31st August 2024







Director: S Dad





Registered office: 156 West Wycombe Road
High Wycombe
Buckinghamshire
HP12 3AE





Registered number: 12801184 (England and Wales)





Accountants: S G Beale and Co
Chartered Accountants
1 Kille House
Chinnor Road
Thame
Oxfordshire
OX9 3NU

BUCKINGHAM NO 3 LTD (REGISTERED NUMBER: 12801184)

Balance Sheet
31st August 2024

2023 2024
£    £    Notes £    £   
FIXED ASSETS
3,355,000 Investment property 4 3,355,000

CURRENT ASSETS
243,650 Debtors 5 283,125

CREDITORS
15,103 Amounts falling due within one year 6 15,225
228,547 NET CURRENT ASSETS 267,900

3,583,547
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,622,900

CREDITORS

(2,116,669

)
Amounts falling due after more than one
year

7

(2,116,669

)

(357,310 ) PROVISIONS FOR LIABILITIES 9 (357,310 )
1,109,568 NET ASSETS 1,148,921

CAPITAL AND RESERVES
1 Called up share capital 10 1
1,072,050 Fair value reserve 11 1,072,050
37,517 Retained earnings 76,870
1,109,568 SHAREHOLDERS' FUNDS 1,148,921

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2024 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.

BUCKINGHAM NO 3 LTD (REGISTERED NUMBER: 12801184)

Balance Sheet - continued
31st August 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 director and authorised for issue on 1st May 2025 and were signed by:





S Dad - Director


BUCKINGHAM NO 3 LTD (REGISTERED NUMBER: 12801184)

Notes to the Financial Statements
for the Year Ended 31st August 2024

1. STATUTORY INFORMATION

Buckingham No 3 Ltd 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 as modified by the revaluation of certain assets.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
Fair value
At 1st September 2023
and 31st August 2024 3,355,000
Net book value
At 31st August 2024 3,355,000
At 31st August 2023 3,355,000

BUCKINGHAM NO 3 LTD (REGISTERED NUMBER: 12801184)

Notes to the Financial Statements - continued
for the Year Ended 31st August 2024

4. INVESTMENT PROPERTY - continued

Fair value at 31st August 2024 is represented by:
£   
Valuation in 2024 3,355,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by associates 283,125 243,650

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 13,045 11,914
Other creditors 2,180 3,189
15,225 15,103

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 2,116,669 2,116,669

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 2,116,669 2,116,669

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Mortgages 2,116,669 2,116,849

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 357,310 357,310

Deferred
tax
£   
Balance at 1st September 2023 357,310
In respect of revaluation
Balance at 31st August 2024 357,310

BUCKINGHAM NO 3 LTD (REGISTERED NUMBER: 12801184)

Notes to the Financial Statements - continued
for the Year Ended 31st August 2024

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1

11. RESERVES
Fair
value
reserve
£   
At 1st September 2023
and 31st August 2024 1,072,050