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REGISTERED NUMBER: SC294427 (Scotland)















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Andrew Third Limited

Andrew Third Limited (Registered number: SC294427)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Andrew Third Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mr A Third
Mrs H Third





REGISTERED OFFICE: 15 Bruce Circle
Fraserburgh
Aberdeenshire
AB43 7FF





REGISTERED NUMBER: SC294427 (Scotland)





ACCOUNTANTS: SBP
Accountants
27 Finlayson Street
Fraserburgh
Aberdeenshire
AB43 9JQ

Andrew Third Limited (Registered number: SC294427)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £   
CURRENT ASSETS
Investments 5 64,925 107,137
Cash at bank 39,227 25,606
104,152 132,743
CREDITORS
Amounts falling due within one year 6 2,137 6,111
NET CURRENT ASSETS 102,015 126,632
TOTAL ASSETS LESS CURRENT
LIABILITIES

102,015

126,632

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 101,915 126,532
SHAREHOLDERS' FUNDS 102,015 126,632

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

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

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 June 2025 and were signed on its behalf by:





Mr A Third - Director


Andrew Third Limited (Registered number: SC294427)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Andrew Third Limited is a private company, limited by shares , registered in Scotland. 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.

Turnover
Turnover represents the amounts (excluding value added tax) derived from the provision of services to customers. Revenue is recognised at the point services are provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Tangible fixed assets are included at cost less depreciation and impairment. The residual value is reassessed at the end of each accounting period.

Taxation
Taxation for the year comprises current 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 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.

Following due consideration, the directors are of the view that the company does not have any material exposure to future taxation as a result of accelerated capital allowances and as such, no provision for deferred taxation has been made.

Current asset investments
The current asset investment represents the company's interest in 'Elhanan FR152 LLP' which is reported at current value.

3. EMPLOYEES AND DIRECTORS

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

Andrew Third Limited (Registered number: SC294427)

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

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2024
and 31 December 2024 2,187
DEPRECIATION
At 1 January 2024
and 31 December 2024 2,187
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

5. CURRENT ASSET INVESTMENTS
31.12.24 31.12.23
£    £   
Other 64,925 107,137

The current asset investment represents the company's interest in 'Elhanan FR152 LLP' which is reported at current value. The Financial Statements of 'Elhanan FR152 LLP' includes unrealised gains on the revaluation of intangible assets which are reported within the fair value reserve of the entity. These gains are attributable to the members of the LLP but, as the gains are not realised, no uplift in value has been made to the investment value within these financial statements.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Tax - 4,452
Directors' current accounts 604 230
Accrued expenses 1,533 1,429
2,137 6,111

7. ULTIMATE CONTROLLING PARTY

The controlling party is Mr A Third.