LOCATION 3 PROPERTIES LIMITED


Directors	GIBBONS, Alan
	MOON, Richard Aubrey
	THACKER, Colin David
	THACKER, Mandy Caroline


Company Secretary	THACKER, Colin David


Registered Address	42 Lytton Road
	Barnet
	EN5 5BY


Registered Number	02915428 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025		2024
		£	£	£	£
ASSETS
Fixed assets
Tangible assets	3		17,921		23,754
			17,921		23,754
Current assets
Debtors	4	373,983		363,011
Cash at bank and in hand		633,583		739,894
		1,007,566		1,102,905
			1,007,566		1,102,905
			1,025,487		1,126,659
CAPITAL, RESERVES AND LIABILITIES
Capital and reserves
Called up share capital			602		602
Profit and loss account			1,022,917		1,118,419
			1,023,519		1,119,021
Liabilities
Creditors amounts falling due within one year	5		1,968		7,638
			1,025,487		1,126,659

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 23 December 2025, and are signed on its behalf by:

THACKER, Colin David
Director
Registered Company No. 02915428

LOCATION 3 PROPERTIES LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	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).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 April 24	37,165	49,356	19,726	21,540	127,787
At 31 March 25	37,165	49,356	19,726	21,540	127,787
Depreciation and impairment
At 01 April 24	37,019	33,739	17,626	15,649	104,033
Charge for year	36	3,904	420	1,473	5,833
At 31 March 25	37,055	37,643	18,046	17,122	109,866
Net book value
At 31 March 25	110	11,713	1,680	4,418	17,921
At 31 March 24	146	15,617	2,100	5,891	23,754

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Amounts owed by group undertakings	17,203	9,833
Other debtors	356,780	353,178
Total	373,983	363,011

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	1,800	1,800
Taxation and social security	-	5,535
Other creditors	168	303
Total	1,968	7,638

6.	Secured creditors
	National Westminster Bank plc, holds a debenture, dated 20 April 2017 over all the assets of the company.

7.	Related party transactions
	At the year end the company owed the directors £166 (2024: £303), this loan is interest free and is considered repayable on demand.