Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-312No description of principal activity2023-05-01false3falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14060866 2023-05-01 2024-10-31 14060866 2022-05-01 2023-04-30 14060866 2024-10-31 14060866 2023-04-30 14060866 c:Director2 2023-05-01 2024-10-31 14060866 d:FreeholdInvestmentProperty 2023-05-01 2024-10-31 14060866 d:FreeholdInvestmentProperty 2024-10-31 14060866 d:FreeholdInvestmentProperty 2023-04-30 14060866 d:FreeholdInvestmentProperty 2 2023-05-01 2024-10-31 14060866 d:CurrentFinancialInstruments 2024-10-31 14060866 d:CurrentFinancialInstruments 2023-04-30 14060866 d:Non-currentFinancialInstruments 2024-10-31 14060866 d:Non-currentFinancialInstruments 2023-04-30 14060866 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 14060866 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 14060866 d:Non-currentFinancialInstruments d:AfterOneYear 2024-10-31 14060866 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 14060866 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-10-31 14060866 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-04-30 14060866 d:ShareCapital 2024-10-31 14060866 d:ShareCapital 2023-04-30 14060866 d:RevaluationReserve 2024-10-31 14060866 d:RevaluationReserve 2023-04-30 14060866 d:RetainedEarningsAccumulatedLosses 2024-10-31 14060866 d:RetainedEarningsAccumulatedLosses 2023-04-30 14060866 c:FRS102 2023-05-01 2024-10-31 14060866 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-10-31 14060866 c:FullAccounts 2023-05-01 2024-10-31 14060866 c:PrivateLimitedCompanyLtd 2023-05-01 2024-10-31 14060866 5 2023-05-01 2024-10-31 14060866 f:PoundSterling 2023-05-01 2024-10-31 iso4217:GBP xbrli:pure

Registered number: 14060866









3BM HOLDINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 OCTOBER 2024

 
3BM HOLDINGS LIMITED
REGISTERED NUMBER: 14060866

BALANCE SHEET
AS AT 31 OCTOBER 2024

31 October
30 April
2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
600,000
360,513

  
600,000
360,513

Current assets
  

Cash at bank and in hand
 5 
2,746
3,066

  
2,746
3,066

Creditors: amounts falling due within one year
 6 
(235,961)
(124,394)

Net current liabilities
  
 
 
(233,215)
 
 
(121,328)

Total assets less current liabilities
  
366,785
239,185

Creditors: amounts falling due after more than one year
 7 
(224,436)
(235,868)

Provisions for liabilities
  

Deferred tax
  
(30,277)
-

  
 
 
(30,277)
 
 
-

Net assets
  
112,072
3,317


Capital and reserves
  

Called up share capital 
  
300
300

Revaluation reserve
  
96,555
-

Profit and loss account
  
15,217
3,017

  
112,072
3,317


Page 1

 
3BM HOLDINGS LIMITED
REGISTERED NUMBER: 14060866
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
Peter James Hay
Director

Date: 1 September 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
3BM HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

1.


General information

3BM 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.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover comprises rents received during the year from the investment property.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

Page 3

 
3BM HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.5

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


  
2.6

Investment property

Investment property is carried at fair value determined annually by the directors using an internal appraisal. No depreciation is provided. Changes in fair value are recognised in the Profit and Loss account.

 
2.7

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

Page 4

 
3BM HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the period was 2 (2023 - 3).

Page 5

 
3BM HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

4.


Investment property





Freehold investment property

£



Valuation


At 1 May 2023
360,513


Additions at cost
112,656


Surplus on revaluation
126,831



At 31 October 2024
600,000



If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

31 October
30 April
2024
2023
£
£


Historic cost
360,513
360,513

360,513
360,513


5.


Cash and cash equivalents

31 October
30 April
2024
2023
£
£

Cash at bank and in hand
2,746
3,066

2,746
3,066


Page 6

 
3BM HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

6.


Creditors: Amounts falling due within one year

31 October
30 April
2024
2023
£
£

Bank loans
6,688
5,889

Trade creditors
1
1

Corporation tax
3,638
708

Other creditors
223,654
115,996

Accruals and deferred income
1,980
1,800

235,961
124,394



7.


Creditors: Amounts falling due after more than one year

31 October
30 April
2024
2023
£
£

Bank loans
224,436
235,868

224,436
235,868



8.


Loans


Analysis of the maturity of loans is given below:


31 October
30 April
2024
2023
£
£

Amounts falling due within one year

Bank loans
6,688
5,889


6,688
5,889

Amounts falling due 1-2 years

Bank loans
224,436
235,868


224,436
235,868



231,124
241,757


Page 7

 
3BM HOLDINGS LIMITED
 
 
 Page 8