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REGISTERED NUMBER: 10894594 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

WEETMAN 3 LIMITED

WEETMAN 3 LIMITED (REGISTERED NUMBER: 10894594)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WEETMAN 3 LIMITED

COMPANY INFORMATION
for the Year Ended 31 August 2024







DIRECTORS: H M J Mackay
P Pearson





SECRETARY:





REGISTERED OFFICE: 2 Seymour Walk
London
SW10 9NF





REGISTERED NUMBER: 10894594 (England and Wales)





ACCOUNTANT: Bernard Brace FCCA
52 Smithbrook Kilns
Cranleigh
Surrey
GU6 8JJ

WEETMAN 3 LIMITED (REGISTERED NUMBER: 10894594)

BALANCE SHEET
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 852,961 852,961

CURRENT ASSETS
Debtors 5 30,648 30,648
Cash at bank - 3,469
30,648 34,117
CREDITORS
Amounts falling due within one year 6 16,862 11,009
NET CURRENT ASSETS 13,786 23,108
TOTAL ASSETS LESS CURRENT
LIABILITIES

866,747

876,069

CREDITORS
Amounts falling due after more than one
year

7

847,145

847,145
NET ASSETS 19,602 28,924

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 9 18,602 27,924
19,602 28,924

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

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

WEETMAN 3 LIMITED (REGISTERED NUMBER: 10894594)

BALANCE SHEET - continued
31 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 Board of Directors and authorised for issue on 31 May 2025 and were signed on its behalf by:




H M J Mackay - Director



P Pearson - Director


WEETMAN 3 LIMITED (REGISTERED NUMBER: 10894594)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Weetman 3 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 September 2023
and 31 August 2024 852,961
NET BOOK VALUE
At 31 August 2024 852,961
At 31 August 2023 852,961

WEETMAN 3 LIMITED (REGISTERED NUMBER: 10894594)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 August 2024

5. DEBTORS
31.8.24 31.8.23
£    £   
Amounts falling due within one year:
Other debtors 5,675 5,675

Amounts falling due after more than one year:
Amounts owed by associates 24,973 24,973

Aggregate amounts 30,648 30,648

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 3,888 -
Trade creditors (1 ) (1 )
Taxation and social security 8,974 8,209
Other creditors 4,001 2,801
16,862 11,009

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Bank loans 847,145 847,145

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 847,145 847,145

8. SECURED DEBTS

The following secured debts are included within creditors:

31.8.24 31.8.23
£    £   
Bank loans 847,145 847,145

The advance from Messrs Cazenove Bank is secured on a charge against the personal assets of the Director Mr Perry Pearson.

WEETMAN 3 LIMITED (REGISTERED NUMBER: 10894594)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 August 2024

9. RESERVES
Retained
earnings
£   

At 1 September 2023 27,924
Deficit for the year (9,322 )
At 31 August 2024 18,602

10. OTHER FINANCIAL COMMITMENTS

On the 18th April 2023 the Company gave a guarantee for a loan to an associated company Weetman 4 Limited in the sum of £675,000 secured on the Freehold Property 4 Winnersh Fields Gazelle Close Wokingham Berkshire RG41 5QS.(2021 Nil).