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REGISTERED NUMBER: 12871143 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

34andmore Ltd

34andmore Ltd (Registered number: 12871143)






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


34andmore Ltd

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: S K Plascencia Posada
C Robinson





REGISTERED OFFICE: Sherwood House
41 Queens Road
Farnborough
Hants
GU14 6JP





REGISTERED NUMBER: 12871143 (England and Wales)





ACCOUNTANTS: Jones & Co
Sherwood House
41 Queens Road
Farnborough
Hants
GU14 6JP

34andmore Ltd (Registered number: 12871143)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,924 604
Investment property 5 1,750,000 1,750,000
1,753,924 1,750,604

CURRENT ASSETS
Debtors 6 4,238 -
Cash at bank 3,179 11,384
7,417 11,384
CREDITORS
Amounts falling due within one year 7 373,122 381,124
NET CURRENT LIABILITIES (365,705 ) (369,740 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,388,219 1,380,864

CREDITORS
Amounts falling due after more than one year 8 (935,000 ) (935,000 )

PROVISIONS FOR LIABILITIES (80,970 ) (80,970 )
NET ASSETS 372,249 364,894

CAPITAL AND RESERVES
Called up share capital 2 2
Fair value reserve 9 345,187 345,187
Retained earnings 27,060 19,705
372,249 364,894

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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 June 2025 and were signed on its behalf by:



C Robinson - Director


34andmore Ltd (Registered number: 12871143)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

34andmore 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 represents rental income and is recognised according to the terms of letting agreements.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 20% on reducing balance

Investment property
Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in market value is transferred to a fair value reserve.

No depreciation is provided on investment property since in the directors' opinion the value is substantially in excess of cost.

Taxation
Taxation for the year comprises current tax recognised as 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 fair value adjustments to the valuation of investment properties.

FRS102 requires deferred tax to be provided for on the difference between cost and the fair value of investment property and accordingly the the previous years' figures have been adjusted for the appropriate provision.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

34andmore Ltd (Registered number: 12871143)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Office
fittings equipment Totals
£    £    £   
COST
At 1 October 2023 - 1,090 1,090
Additions 4,301 - 4,301
At 30 September 2024 4,301 1,090 5,391
DEPRECIATION
At 1 October 2023 - 486 486
Charge for year 860 121 981
At 30 September 2024 860 607 1,467
NET BOOK VALUE
At 30 September 2024 3,441 483 3,924
At 30 September 2023 - 604 604

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 1,750,000
NET BOOK VALUE
At 30 September 2024 1,750,000
At 30 September 2023 1,750,000

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2022 426,157
Cost 1,323,843
1,750,000

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

30.9.24 30.9.23
£    £   
Cost 1,323,843 1,323,843

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 1,238 -
Other debtors 3,000 -
4,238 -

34andmore Ltd (Registered number: 12871143)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 1 4,513
Taxation and social security 946 4,342
Other creditors 372,175 372,269
373,122 381,124

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans 935,000 935,000

Amounts falling due in more than five years:

Repayable by instalments
Mortgage more 5 yr by instal 935,000 935,000

9. RESERVES
Fair
value
reserve
£   
At 1 October 2023
and 30 September 2024 345,187