| Threerooms Limited |
|
| Report to the director on the preparation of the unaudited statutory accounts of Threerooms Limited for the year ended 31 October 2024 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Threerooms Limited for the year ended 31 October 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/ |
| Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. |
|
| Coalesco Accountants Limited |
| Chartered Certified Accountants |
| 156 Russell Drive |
| Wollaton |
| Nottingham |
| NG8 2BE |
|
| 14 July 2025 |
|
| Threerooms Limited |
| Notes to the Accounts |
| for the year ended 31 October 2024 |
|
|
| 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. |
|
|
Turnover |
|
Turnover is the amount derived from the provision of goods and services falling within the company's ordinary activities after deduction of trade discounts and value added tax. |
|
|
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: |
|
|
Office equipment |
20% reducing balance |
|
Motor vehicle |
25% reducing balance |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
9 |
|
8 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 November 2023 |
71,601 |
|
69,468 |
|
141,069 |
|
Additions |
6,974 |
|
- |
|
6,974 |
|
Disposals |
(55,357) |
|
- |
|
(55,357) |
|
At 31 October 2024 |
23,218 |
|
69,468 |
|
92,686 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 November 2023 |
56,706 |
|
36,538 |
|
93,244 |
|
Charge for the year |
8,478 |
|
7,782 |
|
16,260 |
|
On disposals |
(57,727) |
|
- |
|
(57,727) |
|
At 31 October 2024 |
7,457 |
|
44,320 |
|
51,777 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2024 |
15,761 |
|
25,148 |
|
40,909 |
|
At 31 October 2023 |
14,895 |
|
32,930 |
|
47,825 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Debtors |
2024 |
|
2023 |
| £ |
£ |
|
|
Trade debtors |
97,081 |
|
140,464 |
|
Other debtors |
4,809 |
|
3,780 |
|
|
|
|
|
|
101,890 |
|
144,244 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Trade creditors |
3,689 |
|
11,016 |
|
Corporation tax |
4,718 |
|
17,922 |
|
Other taxes and social security costs |
43,011 |
|
37,541 |
|
Other creditors |
17,039 |
|
16,426 |
|
|
|
|
|
|
68,457 |
|
82,905 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
Threerooms Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Strelley Hall |
|
Main Street |
|
Strelley |
|
Nottingham |
|
NG8 6PE |