Three Phase Property Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 09359674

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		54,657		1,107
Investment Properties	5		339,198		339,198

			393,855		340,305
CURRENT ASSETS
Debtors	6	1,509		1,472
Cash at bank and in hand		50,010		60,608

		51,519		62,080
Creditors: Amounts Falling Due Within One Year	7	(380,139 )		(339,305 )

NET CURRENT ASSETS (LIABILITIES)			(328,620 )		(277,225 )

TOTAL ASSETS LESS CURRENT LIABILITIES			65,235		63,080

NET ASSETS			65,235		63,080

CAPITAL AND RESERVES
Called up share capital	8		20		20
Profit and Loss Account			65,215		63,060

SHAREHOLDERS' FUNDS			65,235		63,080

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Three Phase Property Ltd

Balance Sheet (continued)

As At 31 March 2025

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.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

W D Cook

Director

27 November 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Three Phase Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09359674 . The registered office is 33a Church Street, Frodsham, WA6 6PN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The presentational currency is £ Sterling and all amounts are rounded to the nearest £.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts..

Turnover includes revenue earned from the rental of property.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	2% reducing balance
Plant & Machinery	25% straight line

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current tax for the year is recognised in profit or loss, except when it relates to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.

2.7. Pensions

The company makes contributions into employee's personal defined contribution pension schemes. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

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Three Phase Property Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 April 2024	-	1,733	1,733
Additions	54,293	1,035	55,328

As at 31 March 2025	54,293	2,768	57,061

Depreciation
As at 1 April 2024	-	626	626
Provided during the period	1,086	692	1,778

As at 31 March 2025	1,086	1,318	2,404

Net Book Value
As at 31 March 2025	53,207	1,450	54,657

As at 1 April 2024	-	1,107	1,107

5. Investment Property

	2025
	£
Fair Value
As at 1 April 2024 and 31 March 2025	339,198

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	1,509	1,472

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1,250	1,250
Other creditors	378,706	337,860
Taxation and social security	183	195

	380,139	339,305

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	20	20

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Three Phase Property Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	8,322	5,680
Later than one year and not later than five years	16,645	-

	24,967	5,680

10. Related Party Transactions

The director makes a loan available to the company throughout the period, with interest charged at below a commercial rate. The loan amount outstanding at the year end was £377,578 (2024 - £336,912).

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