Silverfin false false 31/10/2024 01/11/2023 31/10/2024 F Herbage 17/07/2009 S Herbage 17/07/2009 22 August 2025 The principal activity of the Company during the financial year was that of operating a ladies clothing store. 06965989 2024-10-31 06965989 bus:Director1 2024-10-31 06965989 bus:Director2 2024-10-31 06965989 2023-10-31 06965989 core:CurrentFinancialInstruments 2024-10-31 06965989 core:CurrentFinancialInstruments 2023-10-31 06965989 core:Non-currentFinancialInstruments 2024-10-31 06965989 core:Non-currentFinancialInstruments 2023-10-31 06965989 core:ShareCapital 2024-10-31 06965989 core:ShareCapital 2023-10-31 06965989 core:RetainedEarningsAccumulatedLosses 2024-10-31 06965989 core:RetainedEarningsAccumulatedLosses 2023-10-31 06965989 core:FurnitureFittings 2023-10-31 06965989 core:FurnitureFittings 2024-10-31 06965989 2023-11-01 2024-10-31 06965989 bus:FilletedAccounts 2023-11-01 2024-10-31 06965989 bus:SmallEntities 2023-11-01 2024-10-31 06965989 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 06965989 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 06965989 bus:Director1 2023-11-01 2024-10-31 06965989 bus:Director2 2023-11-01 2024-10-31 06965989 core:FurnitureFittings 2023-11-01 2024-10-31 06965989 2022-11-01 2023-10-31 06965989 core:Non-currentFinancialInstruments 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure

Company No: 06965989 (England and Wales)

H THREE LIMITED

Unaudited Financial Statements
For the financial year ended 31 October 2024
Pages for filing with the registrar

H THREE LIMITED

Unaudited Financial Statements

For the financial year ended 31 October 2024

Contents

H THREE LIMITED

BALANCE SHEET

As at 31 October 2024
H THREE LIMITED

BALANCE SHEET (continued)

As at 31 October 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 1,337 1,415
1,337 1,415
Current assets
Stocks 16,320 12,850
Debtors 4 4,276 2,644
Cash at bank and in hand 44,298 58,968
64,894 74,462
Creditors: amounts falling due within one year 5 ( 29,273) ( 31,913)
Net current assets 35,621 42,549
Total assets less current liabilities 36,958 43,964
Creditors: amounts falling due after more than one year 6 ( 20,000) ( 20,000)
Net assets 16,958 23,964
Capital and reserves
Called-up share capital 2 2
Profit and loss account 16,956 23,962
Total shareholders' funds 16,958 23,964

For the financial year ending 31 October 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of H Three Limited (registered number: 06965989) were approved and authorised for issue by the Board of Directors on 22 August 2025. They were signed on its behalf by:

S Herbage
Director
H THREE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2024
H THREE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

H Three Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom. The principal place of business is 18 Church Street, Christchurch, Dorset, BH23 1BW.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Fixtures and fittings 20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Tangible assets

Fixtures and fittings Total
£ £
Cost
At 01 November 2023 7,102 7,102
Additions 216 216
At 31 October 2024 7,318 7,318
Accumulated depreciation
At 01 November 2023 5,687 5,687
Charge for the financial year 294 294
At 31 October 2024 5,981 5,981
Net book value
At 31 October 2024 1,337 1,337
At 31 October 2023 1,415 1,415

4. Debtors

2024 2023
£ £
Corporation tax 1,625 2,644
Other debtors 2,651 0
4,276 2,644

5. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 6,752 2,276
Corporation tax 0 3,110
Other taxation and social security 4,946 7,539
Other creditors 17,575 18,988
29,273 31,913

6. Creditors: amounts falling due after more than one year

2024 2023
£ £
Other creditors 20,000 20,000

There are no amounts included above in respect of which any security has been given by the small entity.