REGISTERED NUMBER: 12696839 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2024

for

Clarke and Company 3 Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Clarke

REGISTERED OFFICE:

116 Duke Street

Liverpool

Merseyside

L1 5JW

REGISTERED NUMBER:

12696839 (England and Wales)

ACCOUNTANTS:

Cobham Murphy

116 Duke Street

Liverpool

Merseyside

L1 5JW

FIXED ASSETS

Tangible assets

4

351,500

-

Investments

5

-

3,500,000

Investment property

6

6,834,696

7,417,000

7,186,196

10,917,000

CURRENT ASSETS

Debtors

7

7,311,665

7,541,896

Cash at bank

438

1,857,929

7,312,103

9,399,825

CREDITORS

Amounts falling due within one year

8

926,681

680,522

NET CURRENT ASSETS

6,385,422

8,719,303

TOTAL ASSETS LESS CURRENT LIABILITIES

13,571,618

19,636,303

CREDITORS

Amounts falling due after more than one year

9

2,000,000

2,000,000

NET ASSETS

11,571,618

17,636,303

CAPITAL AND RESERVES

Called up share capital

400

200

Share premium

3,599,900

3,499,900

Retained earnings

7,971,318

14,136,203

SHAREHOLDERS' FUNDS

11,571,618

17,636,303

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 30 September 2025 and were signed by:

J Clarke - Director

1.	STATUTORY INFORMATION

Clarke and Company 3 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

Significant judgements and estimates

There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

Other loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

Taxation

Taxation for the year comprises current and deferred tax. 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.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

370,000

At 30 September 2024

370,000

DEPRECIATION

Charge for year

18,500

At 30 September 2024

18,500

NET BOOK VALUE

At 30 September 2024

351,500

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 October 2023

3,500,000

Impairments

(3,500,000

)

At 30 September 2024

-

NET BOOK VALUE

At 30 September 2024

-

At 30 September 2023

3,500,000

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2023

7,417,000

Additions

1,110,548

Disposals

(1,128,500

)

Revaluations

(564,352

)

At 30 September 2024

6,834,696

NET BOOK VALUE

At 30 September 2024

6,834,696

At 30 September 2023

7,417,000

Fair value at 30 September 2024 is represented by:

£

Valuation in 2024

(564,351

)

Cost

7,399,047

6,834,696

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Trade debtors

192,330

-

Amounts owed by group undertakings

3,150,960

5,609,894

Amounts owed by associates

1,359,002

58,384

Other debtors

2,609,373

1,873,618

7,311,665

7,541,896

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Trade creditors

9,239

-

Amounts owed to group undertakings

597,839

230,611

Amounts owed to associates

-

8,715

Taxation and social security

306,503

358,196

Other creditors

13,100

83,000

926,681

680,522

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.24

30.9.23

£

£

Bank loans

2,000,000

2,000,000

30.9.24

30.9.23

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

2,000,000

2,000,000

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end there was an overdrawn Directors Loan account of £829,965.

Interest is charged on the loan at 2.25%.

The loan is repayable upon demand.

11.	RELATED PARTY DISCLOSURES

Included in debtors are net amounts of £2,553,121 (2023: £5,379,284) due from subsidiaries.

Included in debtors are net amounts of £1,359,002 (2023: £49,669) due from associated companies.

The loans are interest free and repayable upon demand.