REGISTERED NUMBER: 03779503 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

THREE CHERRIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr I S Vicker

Mr I R Birkett

Mr P G Holdom

REGISTERED OFFICE:

Ryves Vale

Tickenham

Bristol

BS21 6FZ

REGISTERED NUMBER:

03779503 (England and Wales)

ACCOUNTANTS:

Lawes & Co

Boyce's Building

40-42 Regent Street

Clifton

Bristol

BS8 4HU

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

46,949

17,450

46,949

17,450

CURRENT ASSETS

Stocks

6

35,253

34,477

Debtors

7

325,835

268,690

Cash at bank

699,963

674,101

1,061,051

977,268

CREDITORS

Amounts falling due within one year

8

523,963

452,193

NET CURRENT ASSETS

537,088

525,075

TOTAL ASSETS LESS CURRENT LIABILITIES

584,037

542,525

PROVISIONS FOR LIABILITIES

9

11,680

4,292

NET ASSETS

572,357

538,233

CAPITAL AND RESERVES

Called up share capital

10

225

225

Capital redemption reserve

75

75

Retained earnings

572,057

537,933

SHAREHOLDERS' FUNDS

572,357

538,233

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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 3 September 2025 and were signed on its behalf by:

Mr I S Vicker - Director

Mr I R Birkett - Director

Mr P G Holdom - Director

1.	STATUTORY INFORMATION

Three Cherries 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

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.

Turnover

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of long term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Amortisation

Amortisation is calculated to write off the cost of the purchased goodwill over its estimated useful life of 10 years on a straight line basis.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

10% on cost

Fixtures and fittings

-

25% on cost and 20% on cost

Stocks

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2024

and 31 May 2025

50,000

AMORTISATION

At 1 June 2024

and 31 May 2025

50,000

NET BOOK VALUE

At 31 May 2025

-

At 31 May 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

property

fittings

Totals

£

£

£

COST

At 1 June 2024

-

63,235

63,235

Additions

32,532

6,683

39,215

Disposals

-

(1,982

)

(1,982

)

At 31 May 2025

32,532

67,936

100,468

DEPRECIATION

At 1 June 2024

-

45,785

45,785

Charge for year

-

8,356

8,356

Eliminated on disposal

-

(622

)

(622

)

At 31 May 2025

-

53,519

53,519

NET BOOK VALUE

At 31 May 2025

32,532

14,417

46,949

At 31 May 2024

-

17,450

17,450

6.

STOCKS

31.5.25

31.5.24

£

£

Stocks

35,253

34,477

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

219,801

158,734

Directors' current accounts

30,000

30,000

Prepayments and accrued income

76,034

79,956

325,835

268,690

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade creditors

143,782

102,085

Tax

58,098

69,334

Social security and other taxes

18,445

26,455

VAT

37,182

34,237

Other creditors

9

2,038

Accruals and deferred income

266,447

218,044

523,963

452,193

9.	PROVISIONS FOR LIABILITIES

31.5.25

31.5.24

£

£

Deferred tax

11,680

4,292

Deferred

tax

£

Balance at 1 June 2024

4,292

Provided during year

7,388

Accelerated capital allowances

Balance at 31 May 2025

11,680

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

£

£

225

Ordinary

£1

225

225

11.	RELATED PARTY DISCLOSURES

At the year end the directors owed the company the following amounts under short term interest free loans, which were repaid on the 1st June 2025:

£10,000 Mr I Birkett (2024 £10,000)

£10,000 Mr I Vicker (2024 £10,000)

£10,000 Mr P Holdom (2024 £10,000)

12.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party