Registered number
15255137
Three Counties Marketing Ltd
Filleted Accounts
31 March 2025
Three Counties Marketing Ltd
Registered number: 15255137
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Intangible assets 3 3,000 4,500
Tangible assets 4 7,470 11,645
10,470 16,145
Current assets
Debtors 5 8,762 12,591
Cash at bank and in hand 23,819 21,835
32,581 34,426
Creditors: amounts falling due within one year 6 (12,853) (5,788)
Net current assets 19,728 28,638
Total assets less current liabilities 30,198 44,783
Creditors: amounts falling due after more than one year 7 (30,070) (47,427)
Net assets/(liabilities) 128 (2,644)
Capital and reserves
Called up share capital 100 100
Profit and loss account 28 (2,744)
Shareholder's funds 128 (2,644)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.
P G A Molyneux
Director
Approved by the board on 30 April 2025
Three Counties Marketing Ltd
Notes to the Accounts
for the year ended 31 March 2025
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 and fittings over 4 years
Motor vehicles over 4 years
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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Intangible fixed assets £
Goodwill:
Cost
Additions -
At 31 March 2025 6,000
Amortisation
Provided during the year 1,500
On disposals -
At 31 March 2025 3,000
Net book value
At 31 March 2025 3,000
Goodwill is being written off in equal annual instalments over its estimated economic life of 4 years.
4 Tangible fixed assets
Fixtures and fittings Motor vehicles Total
£ £ £
Cost
At 1 April 2024 3,271 12,550 15,821
At 31 March 2025 3,271 12,550 15,821
Depreciation
At 1 April 2024 816 3,360 4,176
Charge for the year 815 3,360 4,175
At 31 March 2025 1,631 6,720 8,351
Net book value
At 31 March 2025 1,640 5,830 7,470
At 31 March 2024 2,455 9,190 11,645
5 Debtors 2025 2024
£ £
Trade debtors 3,802 12,591
Other debtors 4,960 -
8,762 12,591
6 Creditors: amounts falling due within one year 2025 2024
£ £
Taxation and social security costs 7,439 3,788
Other creditors 5,414 2,000
12,853 5,788
7 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 30,070 32,058
Directors loan - 15,369
30,070 47,427
8 Controlling party
The company is controlled by the director.
9 Other information
Three Counties Marketing Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Unit 13
Station Drive
Bredon
Tewkesbury
Glos
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