Registered number
SC160955
3E Development Limited
Filleted Accounts
31 December 2024
3E Development Limited
Registered number: SC160955
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Investments 3 30,040 2
Creditors: amounts falling due within one year 4 (33,063) (2,650)
Net current liabilities (33,063) (2,650)
Net liabilities (3,023) (2,648)
Capital and reserves
Called up share capital 118,295 118,295
Share premium 1,898,673 1,898,673
Profit and loss account (2,019,991) (2,019,616)
Shareholders' funds (3,023) (2,648)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
R Y Brown
Director
Approved by the board on 29 September 2025
3E Development Limited
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
The company did not trade during the year so no turnover has been received or recorded.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 January 2024 2
Additions 30,038
At 31 December 2024 30,040
4 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 33,063 2,650
5 Controlling party
The company is controlled by the director, R Y Brown who owns the majority of the issued shares in the company.
6 Other information
3E Development Limited is a private company limited by shares and incorporated in Scotland. Its registered office is:
5 South Charlotte Street
Edinburgh
Scotland
EH2 4AN
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