Company registration number:
10573152
3CDR Trading Limited
Unaudited filleted financial statements
31 March 2025
3CDR Trading Limited
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
3CDR Trading Limited
Directors and other information
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Directors |
Mr M J Mauchline |
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Mrs G R Mauchline |
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Company number |
10573152 |
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Bourne |
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Lincolnshire |
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PE10 0AU |
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Business address |
Three Counties Dog Rescue Kennels |
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37 Spalding Road |
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Bourne |
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Lincs |
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PE10 0AU |
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Accountant |
Ken Maggs - Charity Adviser |
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16 Hoekman Way |
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Spalding |
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Lincs |
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PE11 3HE |
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3CDR Trading Limited
Statement of financial position
31 March 2025
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2025 |
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2024 |
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Note |
£ |
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£ |
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£ |
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£ |
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Fixed assets |
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Tangible assets |
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5 |
20,531 |
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25,018 |
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_______ |
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_______ |
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20,531 |
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25,018 |
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Current assets |
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Debtors |
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6 |
11,933 |
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4,077 |
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Cash at bank and in hand |
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2,735 |
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4,262 |
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_______ |
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_______ |
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14,668 |
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8,339 |
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Creditors: amounts falling due |
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within one year |
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7 |
(
12,310) |
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(
11,945) |
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_______ |
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_______ |
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Net current assets/(liabilities) |
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2,358 |
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(
3,606) |
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_______ |
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_______ |
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Total assets less current liabilities |
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22,889 |
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21,412 |
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_______ |
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_______ |
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Net assets |
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22,889 |
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21,412 |
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_______ |
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_______ |
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Capital and reserves |
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Called up share capital |
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1 |
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1 |
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Profit and loss account |
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22,888 |
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21,411 |
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_______ |
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_______ |
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Shareholder funds |
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22,889 |
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21,412 |
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_______ |
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_______ |
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For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
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The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
25 June 2025
, and are signed on behalf of the board by:
Mr M J Mauchline
Director
Company registration number:
10573152
3CDR Trading Limited
Notes to the financial statements
Year ended 31 March 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 37 Spalding Road, Bourne, Lincolnshire, PE10 0AU.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Tangible assets
Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
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Plant and machinery |
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20 % |
reducing balance |
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Fittings fixtures and equipment |
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25 % |
reducing balance |
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If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received.Government grants are recognised using the accrual model.Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
5
(2024:
5
).
5.
Tangible assets
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Plant and machinery |
Fixtures, fittings and equipment |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 April 2024 |
44,871 |
167 |
45,038 |
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Additions |
645 |
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645 |
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_______ |
_______ |
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At 31 March 2025 |
45,516 |
167 |
45,683 |
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Depreciation |
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At 1 April 2024 |
19,960 |
60 |
20,020 |
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Charge for the year |
5,111 |
21 |
5,132 |
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_______ |
_______ |
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At 31 March 2025 |
25,071 |
81 |
25,152 |
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_______ |
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Carrying amount |
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At 31 March 2025 |
20,445 |
86 |
20,531 |
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_______ |
_______ |
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At 31 March 2024 |
24,911 |
107 |
25,018 |
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_______ |
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6.
Debtors
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2025 |
2024 |
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£ |
£ |
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Other debtors |
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11,933 |
4,077 |
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_______ |
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7.
Creditors: amounts falling due within one year
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2025 |
2024 |
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£ |
£ |
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Trade creditors |
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1,136 |
2,641 |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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8,077 |
8,339 |
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Social security and other taxes |
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558 |
- |
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Other creditors |
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2,539 |
965 |
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_______ |
_______ |
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12,310 |
11,945 |
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_______ |
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8.
Controlling party
Three Counties Dog Rescue, a Charitable Incorporated Organisation registered in England and Wales, number 1170606. All taxable profits are donated to this charity and this company provides boarding for the animals within the charity's care.