IRIS Accounts Production v25.1.4.42 06861104 Board of Directors 1.12.23 30.11.24 30.11.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh068611042023-11-30068611042024-11-30068611042023-12-012024-11-30068611042022-11-30068611042022-12-012023-11-30068611042023-11-3006861104ns15:EnglandWales2023-12-012024-11-3006861104ns14:PoundSterling2023-12-012024-11-3006861104ns10:Director12023-12-012024-11-3006861104ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3006861104ns10:SmallEntities2023-12-012024-11-3006861104ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3006861104ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3006861104ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3006861104ns10:AbridgedAccounts2023-12-012024-11-3006861104ns10:Director22023-12-012024-11-3006861104ns10:Director32023-12-012024-11-3006861104ns10:Director52023-12-012024-11-3006861104ns10:CompanySecretary12023-12-012024-11-3006861104ns10:RegisteredOffice2023-12-012024-11-3006861104ns5:CurrentFinancialInstruments2024-11-3006861104ns5:CurrentFinancialInstruments2023-11-3006861104ns5:Non-currentFinancialInstruments2024-11-3006861104ns5:Non-currentFinancialInstruments2023-11-3006861104ns5:ShareCapital2024-11-3006861104ns5:ShareCapital2023-11-3006861104ns5:RetainedEarningsAccumulatedLosses2024-11-3006861104ns5:RetainedEarningsAccumulatedLosses2023-11-3006861104ns5:LandBuildings2023-12-012024-11-3006861104ns5:Secured2024-11-3006861104ns5:Secured2023-11-30
REGISTERED NUMBER: 06861104 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

THREE - MET HOLDINGS LIMITED

THREE - MET HOLDINGS LIMITED (REGISTERED NUMBER: 06861104)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 November 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


THREE - MET HOLDINGS LIMITED

COMPANY INFORMATION
for the year ended 30 November 2024







DIRECTORS: Mrs A D Cooney
Mr R De Silva
Mr G L Hawks
Mr T R L Randall





SECRETARY: Mrs A D Cooney





REGISTERED OFFICE: Unit 2
30 Progress Road
Leigh On Sea
Essex
SS9 5LE





REGISTERED NUMBER: 06861104 (England and Wales)





ACCOUNTANTS: Raffingers Holdings Limited
Chartered Accountants
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

THREE - MET HOLDINGS LIMITED (REGISTERED NUMBER: 06861104)

ABRIDGED BALANCE SHEET
30 November 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 400,000 410,000
Investments 5 150 150
400,150 410,150

CURRENT ASSETS
Debtors 952,579 855,466

CREDITORS
Amounts falling due within one year 50,576 27,409
NET CURRENT ASSETS 902,003 828,057
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,302,153

1,238,207

CREDITORS
Amounts falling due after more than one
year

6

292,918

110,347
NET ASSETS 1,009,235 1,127,860

CAPITAL AND RESERVES
Called up share capital 150 150
Retained earnings 1,009,085 1,127,710
1,009,235 1,127,860

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

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

THREE - MET HOLDINGS LIMITED (REGISTERED NUMBER: 06861104)

ABRIDGED BALANCE SHEET - continued
30 November 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 November 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 15 July 2025 and were signed on its behalf by:





Mr R De Silva - Director


THREE - MET HOLDINGS LIMITED (REGISTERED NUMBER: 06861104)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 November 2024

1. STATUTORY INFORMATION

Three - Met Holdings Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.
Land and buildings - 2% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
Basic financial assets, including trade and other receivables and cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest method.

Basic financial liabilities, including trade and other payables, bank loans, loans from fellow Group companies and preference shares that are classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

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.


THREE - MET HOLDINGS LIMITED (REGISTERED NUMBER: 06861104)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 November 2024

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2023
and 30 November 2024 500,000
DEPRECIATION
At 1 December 2023 90,000
Charge for year 10,000
At 30 November 2024 100,000
NET BOOK VALUE
At 30 November 2024 400,000
At 30 November 2023 410,000

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 December 2023
and 30 November 2024 150
NET BOOK VALUE
At 30 November 2024 150
At 30 November 2023 150

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2024 2023
£    £   
Repayable by instalments
Bank loans - 12,185

THREE - MET HOLDINGS LIMITED (REGISTERED NUMBER: 06861104)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 November 2024

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 331,576 134,892

The bank loan is secured with a charge on the freehold property.

8. RELATED PARTY DISCLOSURES

At the balance sheet date, the company was owed £210,977 (2023 - £210,977) by Admet Management Limited, a company controlled by mutual directors.