3D Group Properties Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13308947

3D Group Properties Ltd

Filleted Unaudited Financial Statements

31 December 2024

3D Group Properties Ltd

Statement of Financial Position

31 December 2024

	2024	2023
Note	£	£

Fixed assets

Investments	4	1,150,000	1,150,000

Current assets

Debtors	5	12,968	20,679
Cash at bank and in hand		16,892	24,118
		--------	--------
		29,860	44,797

Creditors: amounts falling due within one year	6	150,597	150,313
		---------	---------
Net current liabilities		120,737	105,516
		------------	------------
Total assets less current liabilities		1,029,263	1,044,484

Creditors: amounts falling due after more than one year	7	785,972	812,228

Provisions	33,972	33,972
	------------	------------
Net assets	209,319	198,284
	------------	------------

Capital and reserves

Called up share capital	100	100
Profit and loss account	209,219	198,184
	---------	---------
Shareholders funds	209,319	198,284
	---------	---------

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.

For the year ending 31 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 financial statements for the year in question in accordance with section 476 ;

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

3D Group Properties Ltd

Statement of Financial Position (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 2 September 2025 , and are signed on behalf of the board by:

Mr Danial Sanderson	Mr Dean Sanderson
Director	Director

Company registration number: 13308947

3D Group Properties Ltd

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 2, Evo Business Park, Little Oak Drive, Annesley, Nottingham, NG15 0EB, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for rent, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, 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.

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.

Investment property

The investment property is included in the accounts at fair value and gains are recognised in the income statement.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

4. Investments

	Investment property
	£
Cost
At 1 January 2024 and 31 December 2024	1,150,000
	------------
Impairment
At 1 January 2024 and 31 December 2024	–
	------------

Carrying amount
At 31 December 2024	1,150,000
	------------
At 31 December 2023	1,150,000
	------------

5. Debtors

	2024	2023
	£	£
Trade debtors	10,200	10,200
Other debtors	2,768	10,479
	--------	--------
	12,968	20,679
	--------	--------

6. Creditors: amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	25,688	23,033
Trade creditors	1,283	1,237
Social security and other taxes	7,037	12,572
Other creditors	116,589	113,471
	---------	---------
	150,597	150,313
	---------	---------

7. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Bank loans and overdrafts	785,972	812,228
	---------	---------

Included within creditors: amounts falling due after more than one year is an amount of £661,675 (2023: £699,815) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years.

8. Secured debts

The following secured debts are included within creditors:

	2024	2023
	£	£
Bank loan	811,660	835,261
	---------	---------

National Westminster Bank plc has fixed and floating charges covering all of the property and undertakings of the company. These were created on 9 June 2021 and 19 August 2021.

9. Other financial commitments

The company had other financial commitments at the balance sheet date of £38,170 (2023: £50,550).

10. Related party transactions

The company has received a loan from an associated company and the balance outstanding at the year end was £ 115,664 (2023: £ 112,546 ). The loan is unsecured, no interest is being charged and no repayment terms are in place.