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Company Registration No. 10480141 (England and Wales)
THE THREE HORSESHOES (KNOCKHOLT) LTD Unaudited accounts for the year ended 30 November 2024
THE THREE HORSESHOES (KNOCKHOLT) LTD Unaudited accounts Contents
Page
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THE THREE HORSESHOES (KNOCKHOLT) LTD Company Information for the year ended 30 November 2024
Director
Ms M M Thomas
Company Number
10480141 (England and Wales)
Registered Office
West Clayton Business Centre Berry Lane Chorleywood Hertfordshire WD3 5EX England
Accountants
GIA Foley & Co West Clayton Business Centre Berry Lane Chorleywood Hertfordshire WD3 5EX
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THE THREE HORSESHOES (KNOCKHOLT) LTD Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
20,839 
27,135 
Current assets
Inventories
14,015 
17,156 
Debtors
64,945 
13,744 
Cash at bank and in hand
10,713 
12,775 
89,673 
43,675 
Creditors: amounts falling due within one year
(142,255)
(118,251)
Net current liabilities
(52,582)
(74,576)
Total assets less current liabilities
(31,743)
(47,441)
Creditors: amounts falling due after more than one year
(9,188)
(19,167)
Net liabilities
(40,931)
(66,608)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(40,932)
(66,609)
Shareholders' funds
(40,931)
(66,608)
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 March 2025 and were signed on its behalf by
Ms M M Thomas Director Company Registration No. 10480141
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THE THREE HORSESHOES (KNOCKHOLT) LTD Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
THE THREE HORSESHOES (KNOCKHOLT) LTD is a private company, limited by shares, registered in England and Wales, registration number 10480141. The registered office is West Clayton Business Centre, Berry Lane, Chorleywood, Hertfordshire, WD3 5EX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
18 years straight line
Plant & machinery
3 years straight line
Fixtures & fittings
3 years straight line
Computer equipment
3 years straight line
Going concern
The company's balance sheet shows an insolvent position at the balance sheet date. The director has arranged adequate funding to finance the company's continuing activities and to enable it to pay its debts as and when they fall due for payment, and accordingly considers that the company is a going concern and the financial statements have been prepared on this basis.
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THE THREE HORSESHOES (KNOCKHOLT) LTD Notes to the Accounts for the year ended 30 November 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 December 2023
55,000 
At 30 November 2024
55,000 
Amortisation
At 1 December 2023
55,000 
At 30 November 2024
55,000 
Net book value
At 30 November 2024
- 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2023
16,500 
61,600 
26,948 
105,048 
Additions
- 
1,541 
- 
1,541 
At 30 November 2024
16,500 
63,141 
26,948 
106,589 
Depreciation
At 1 December 2023
4,251 
51,963 
21,699 
77,913 
Charge for the year
917 
4,374 
2,546 
7,837 
At 30 November 2024
5,168 
56,337 
24,245 
85,750 
Net book value
At 30 November 2024
11,332 
6,804 
2,703 
20,839 
At 30 November 2023
12,249 
9,637 
5,249 
27,135 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
18,203 
- 
Accrued income and prepayments
2,347 
13,744 
Other debtors
44,395 
- 
64,945 
13,744 
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THE THREE HORSESHOES (KNOCKHOLT) LTD Notes to the Accounts for the year ended 30 November 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
22,393 
6,474 
Trade creditors
101,005 
- 
Taxes and social security
4,857 
1,157 
Other creditors
- 
51,961 
Loans from directors
- 
45,359 
Accruals
4,000 
3,300 
142,255 
118,251 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
9,188 
19,167 
9
Average number of employees
During the year the average number of employees was 10 (2023: 10).
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