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REGISTERED NUMBER: 00363180 (England and Wales)















3638 Holdings Ltd

Unaudited Financial Statements

for the Year Ended 30 November 2024






3638 Holdings Ltd (Registered number: 00363180)

Contents of the Financial Statements
for the year ended 30 November 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


3638 Holdings Ltd

Company Information
for the year ended 30 November 2024







Directors: M Akroyd
N Akroyd



Secretary: A Akroyd



Registered office: 36-38 Feltham Road
Ashford
Middlesex
TW15 1DH



Registered number: 00363180 (England and Wales)



Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA



Bankers: Lloyds Bank Plc
10 Station Approach
Ashford
Middlesex
TW15 2QW

3638 Holdings Ltd (Registered number: 00363180)

Balance Sheet
30 November 2024

2024 2023
Notes £ £ £ £
Fixed assets
Intangible assets 4 - -
Tangible assets 5 310,791 444,108
310,791 444,108

Current assets
Stocks - 10,930
Debtors 6 534,697 187,835
Cash at bank 397,204 701,633
931,901 900,398
Creditors
Amounts falling due within one year 7 34,266 141,075
Net current assets 897,635 759,323
Total assets less current liabilities 1,208,426 1,203,431

Provisions for liabilities 555 22,006
Net assets 1,207,871 1,181,425

Capital and reserves
Called up share capital 8 15,625 15,625
Share premium 9 371,875 371,875
Retained earnings 9 820,371 793,925
Shareholders' funds 1,207,871 1,181,425

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.

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 26 August 2025 and were signed on its behalf by:




N Akroyd - Director


3638 Holdings Ltd (Registered number: 00363180)

Notes to the Financial Statements
for the year ended 30 November 2024


1. Statutory information

3638 Holdings 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 the provision of Section 102 1A "Small Entities of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and republic of Ireland" and the Companies Act 2006. The financial statements have been prepared on a going concern basis, under the historical cost convention.

The financial statements are prepared in sterling which is the functional currency of the company and rounded to the nearest pound.

Going Concern
The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

Following the sale of the trade within the business, the Directors have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts. The entity is now operating within commercial property rental.

Key sources of estimation uncertainty and judgements
Preparation of the financial statements requires management to make significant judgements and estimates in determining the carrying amounts of certain assets and liabilities. Management makes assumptions of the effects of uncertain future events on those assets and liabilities at the balance sheet date. The management's estimates and assumptions are based on historical experience and expectation of future events and are reviewed periodically. This disclosure excludes uncertainty over future events and judgement in respect of measuring financial instruments. There are no further significant judgements or estimates.

Turnover
Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the identifiable assets and liabilities. It is amortised to the Profit and loss account over its estimated economic life.

Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation. Depreciation is not charged on freehold land. Depreciation on other tangible fixed assets is provided at rates calculated to write off the cost of those assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold Property- 2% straight line
L/Term Leasehold Property- 5% straight line
Plant & Machinery- 20% straight line
Fixtures & Fittings- 15% reducing balance
Motor Vehicles- 25% reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

3638 Holdings Ltd (Registered number: 00363180)

Notes to the Financial Statements - continued
for the year ended 30 November 2024


2. Accounting policies - continued

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank which are an integral part of the company's cash management.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument.

An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Operating leases
Rentals under operating leases are charged to the profit and loss account on a straight line basis over the lease term.

3. Employees and directors

The average number of employees during the year was 4 (2023 - 8 ) .

4. Intangible fixed assets
Goodwill
£
Cost
At 1 December 2023 512,500
Disposals (512,500 )
At 30 November 2024 -
Amortisation
At 1 December 2023 512,500
Eliminated on disposal (512,500 )
At 30 November 2024 -
Net book value
At 30 November 2024 -
At 30 November 2023 -

During the year, the sale of the business trade generated sale proceeds of £720,000.

3638 Holdings Ltd (Registered number: 00363180)

Notes to the Financial Statements - continued
for the year ended 30 November 2024


5. Tangible fixed assets
Freehold Long Plant and
property leasehold machinery
£ £ £
Cost
At 1 December 2023 386,250 46,396 1,664,555
Disposals - - (1,664,555 )
At 30 November 2024 386,250 46,396 -
Depreciation
At 1 December 2023 69,525 46,396 1,663,537
Charge for year 7,725 - -
Eliminated on disposal - - (1,663,537 )
At 30 November 2024 77,250 46,396 -
Net book value
At 30 November 2024 309,000 - -
At 30 November 2023 316,725 - 1,018

Fixtures & Motor
fittings vehicles Totals
£ £ £
Cost
At 1 December 2023 62,344 350,559 2,510,104
Disposals (59,428 ) (350,559 ) (2,074,542 )
At 30 November 2024 2,916 - 435,562
Depreciation
At 1 December 2023 50,122 236,416 2,065,996
Charge for year 316 - 8,041
Eliminated on disposal (49,313 ) (236,416 ) (1,949,266 )
At 30 November 2024 1,125 - 124,771
Net book value
At 30 November 2024 1,791 - 310,791
At 30 November 2023 12,222 114,143 444,108

6. Debtors: amounts falling due within one year
2024 2023
£ £
Trade debtors - 175,995
Other debtors 534,697 11,840
534,697 187,835

3638 Holdings Ltd (Registered number: 00363180)

Notes to the Financial Statements - continued
for the year ended 30 November 2024


7. Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors - 18,356
Tax 1,545 53,311
Social security and other taxes - 32,413
Other creditors 21,836 23,259
Accruals and deferred income 10,885 13,736
34,266 141,075

8. Called up share capital

Allotted, issued and fully paid:

Number: Class: Nominal value: 2024 2023
£    £   
25,001 Ordinary A £0.25 6,250 6,250
8,125 Ordinary B £0.25 2,031 2,031
19,999 Ordinary C £0.25 5,000 5,000
3,125 Ordinary D £0.25 781 781
6,250 Ordinary E £0.25 1,562 1,562
15,625 15,625

All shares rank pari passu.

9. Reserves
Retained Share
earnings premium Totals
£ £ £

At 1 December 2023 793,925 371,875 1,165,800
Profit for the year 580,446 580,446
Dividends (554,000 ) (554,000 )
At 30 November 2024 820,371 371,875 1,192,246

10. Related party disclosures

The balance due to the directors from the company at year-end was £21,337 (2023: £21,337)

At the year-end the company owed £500 to related parties (2023: £500).

11. Controlling party

The company was under the control of Mr M Akroyd and Mr N Akroyd, who are both directors of the company, throughout the current and previous years. As at the year end Mr M Akroyd and Mr N Akroyd controlled a majority of the issued share capital.