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REGISTERED NUMBER: 09651582 (England and Wales)







Unaudited Financial Statements

for the Year Ended 30 September 2024

for

3C Commercial Ltd

3C Commercial Ltd (Registered number: 09651582)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


3C Commercial Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTOR: Mr David Andrew Clay





SECRETARY: Mrs Jill Clay





REGISTERED OFFICE: Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
BS32 4JY





REGISTERED NUMBER: 09651582 (England and Wales)





ACCOUNTANTS: Dunkley's
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
United Kingdom
BS32 4JY

3C Commercial Ltd (Registered number: 09651582)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21,995 30,268
Investment property 5 3,057,096 2,690,167
3,079,091 2,720,435

CURRENT ASSETS
Debtors 6 440,643 333,858
Cash at bank 25,334 10,417
465,977 344,275
CREDITORS
Amounts falling due within one year 7 789,336 339,239
NET CURRENT (LIABILITIES)/ASSETS (323,359 ) 5,036
TOTAL ASSETS LESS CURRENT LIABILITIES 2,755,732 2,725,471

PROVISIONS FOR LIABILITIES 328,472 408,887
NET ASSETS 2,427,260 2,316,584

CAPITAL AND RESERVES
Called up share capital 8 100 100
Fair value reserve 9 968,920 1,203,962
Retained earnings 9 1,458,240 1,112,522
SHAREHOLDERS' FUNDS 2,427,260 2,316,584

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 23 June 2025 and were signed by:





Mr David Andrew Clay - Director


3C Commercial Ltd (Registered number: 09651582)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

3C Commercial 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - Straight line over 5 years
Fixtures and fittings - Straight line over 5 years
Computer equipment - Straight line over 4 years

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

3C Commercial Ltd (Registered number: 09651582)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 October 2023 41,411 3,908 3,779 49,098
Additions - - 714 714
At 30 September 2024 41,411 3,908 4,493 49,812
DEPRECIATION
At 1 October 2023 12,648 3,908 2,274 18,830
Charge for year 8,165 - 822 8,987
At 30 September 2024 20,813 3,908 3,096 27,817
NET BOOK VALUE
At 30 September 2024 20,598 - 1,397 21,995
At 30 September 2023 28,763 - 1,505 30,268

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 2,690,167
Additions 725,668
Disposals (353,000 )
Revaluations (5,739 )
At 30 September 2024 3,057,096
NET BOOK VALUE
At 30 September 2024 3,057,096
At 30 September 2023 2,690,167

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2019 302,444
Valuation in 2021 952,749
Valuation in 2022 35,000
Valuation in 2023 6,016
Valuation in 2024 (4,316 )
Cost 1,765,203
3,057,096

If investment property had not been revalued it would have been included at the following historical cost:

30.9.24 30.9.23
£    £   
Cost 1,765,203 1,084,885

Investment property was valued on an open market basis on 30 September 2024 by the director .

3C Commercial Ltd (Registered number: 09651582)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 16,434 12,518
Other debtors 373,860 320,000
Directors' current accounts 43,360 -
VAT 5,627 -
Prepayments 1,362 1,340
440,643 333,858

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Tax 117,069 58,408
VAT - 2,104
Other creditors 670,537 276,997
Accrued expenses 1,730 1,730
789,336 339,239

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
80 A Ordinary £1 80 80
20 B Ordinary £1 20 20
100 100

9. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 October 2023 1,112,522 1,203,962 2,316,484
Profit for the year 112,676 112,676
Dividends (2,000 ) (2,000 )
Assets revalued in period 235,042 (235,042 ) -
At 30 September 2024 1,458,240 968,920 2,427,160

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24 30.9.23
£    £   
Mr David Andrew Clay
Balance outstanding at start of year - -
Amounts advanced 200,184 -
Amounts repaid (156,824 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 43,360 -

3C Commercial Ltd (Registered number: 09651582)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES - continued

The outstanding directors loan will be repaid within 9 months of the year end.

11. RELATED PARTY DISCLOSURES

As at 30 September 2024, the company is owed £82,361 (2023: -£259,639) from 3C Property Developments Limited, a company owned by the director. This is shown in Other Debtors.

As at 30 September 2024, the company owed £649,798 (2023: £nil) to Northbank Property Partnership Limited, a company owned by the director. This is shown in Other Creditors.