3 HORSESHOES ECTON LIMITED

3 HORSESHOES ECTON LIMITED

Statement of Financial Position

As at 30 December 2024

	Notes	2024 £	2023 £
Fixed assets
Tangible fixed assets	2	177,141	180,827
		177,141	180,827
Current assets
Inventories		4,000	4,500
Debtors	3	0	10,950
Cash at bank and in hand		6,823	10,209
		10,823	25,659
Creditors: amount falling due within one year	4	(262,088)	(287,211)
Net current assets/(liabilities)		(251,265)	(261,552)


Total assets less current liabilities		(74,124)	(80,725)
Creditors: amount falling due after more than one year	5	(10,648)	(16,681)
Net assets/(liabilities)		(84,772)	(97,406)

Capital and reserves
Called up share capital		2	2
Profit and loss account		(84,774)	(97,408)
Shareholders fund		(84,772)	(97,406)

For the year ended 30 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:

The members have not required the company to obtain an audit of its accounts for the year 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 accounts.

These accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The directors have elected not to include the profit and loss account within the financial statements.

Signed on behalf of the board of directors:

----------------------------------
Stephen Simpson Wheatman
Director

Date approved: 22 September 2025

3 HORSESHOES ECTON LIMITED

Notes to the Accounts

For the year ended 30 December 2024

Statutory Information

3 HORSESHOES ECTON LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration number 07449458, registration address Sterling House, 31/32 High Street, Wellingborough, Northants, NN8 4HL.

The presentation currency is £ sterling.

Accounting Policies

Basis of accounting

The accounts have been prepared under the historical cost convention and in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings

15% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Tangible fixed assets

Cost or Valuation	Freehold property	Fixtures and Fittings	Total
	£	£	£
At 31 December 2023	236,977	3,573	240,550
Additions	-	-	-
At 30 December 2024	236,977	3,573	240,550
Depreciation
At 31 December 2023	56,680	3,043	59,723
Charge for year	3,606	80	3,686
At 30 December 2024	60,286	3,123	63,409
Net book values
Closing balance as at 30 December 2024	176,691	450	177,141
Opening balance as at 31 December 2023	180,297	530	180,827

Debtors: amounts falling due after one year

	2024 £		2023 £
Other debtors	0		10,000
Prepayments	0		950
	0		10,950

Creditors: amount falling due within one year

	2024 £	2023 £
Trade creditors	396	7,638
Accrued expenses	1,154	1,100
Other creditors	0	929
Bank loans & overdrafts	4,164	8,500
Directors' current account	251,441	265,541
Social security & other tax	357	0
VAT	4,576	3,503
	262,088	287,211

Creditors: amount falling due after more than one year

	2024 £		2023 £
Bounce back loan	10,648		16,681
	10,648		16,681

6.	Average number of employees Average number of employees during the year were 4 (2023: 4).

Contents Page

Business Information

Statement of Financial Position

Notes to the Accounts