321Services Limited

321Services Limited
Director's Report
For the year ended 31 March 2025

Director's report and financial statements

The director presents his/her/their annual report and the financial statements for the year ended 31 March 2025

Principal activities

The companys principal activity during the year was other letting and operating of own or leased real estate.

Director

The director who served the company throughout the year was as follows:

William James Hutchinson

Statement of director's responsibilities

The director is responsible for preparing the directors’ report and the financial statements in accordance with applicable law and regulation.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to

select suitable accounting policies and then apply them consistently
make judgments and accounting estimates that are reasonable and prudent
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business

The director is responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

On behalf of the board.

----------------------------------
William James Hutchinson
Director

Date approved: 23 December 2025

321Services Limited Accountants' Report For the year ended 31 March 2025
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of 321Services Limited for the year ended 31 March 2025 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of 321Services Limited for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance This report is made solely to the Board of Directors of 321Services Limited, as a body, in accordance with the terms of our engagement letter dated 23 December 2025. Our work has been undertaken solely to prepare for your approval the accounts of 321Services Limited and state those matters that we have agreed to state to the Board of Directors of 321Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 321Services Limited and its Board of Directors as a body for our work or for this report. It is your duty to ensure that 321Services Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of 321Services Limited. You consider that 321Services Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of 321Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts for the period ended 31 March 2025 .................................................... aa Chartered Accountants 6 Blenheim Court Peppercorn Close Peterborough United Kingdom PE1 2DU 23 December 2025 3

321Services Limited
Accountants' Report
For the year ended 31 March 2025

Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of 321Services Limited for the year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of 321Services Limited for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance

This report is made solely to the Board of Directors of 321Services Limited, as a body, in accordance with the terms of our engagement letter dated 23 December 2025. Our work has been undertaken solely to prepare for your approval the accounts of 321Services Limited and state those matters that we have agreed to state to the Board of Directors of 321Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 321Services Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that 321Services Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of 321Services Limited. You consider that 321Services Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of 321Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts for the period ended
31 March 2025

....................................................
aa Chartered Accountants
6 Blenheim Court
Peppercorn Close
Peterborough
United Kingdom
PE1 2DU
23 December 2025

321Services Limited
Income Statement
For the year ended 31 March 2025

	2025 £	2024 £
Turnover	75,529	75,468
Cost of sales	(4,207)	(5,646)
Gross profit	71,322	69,822
Administrative expenses	(59,610)	(47,116)
Operating profit	11,712	22,706
Interest payable and similar charges	(11,086)	(11,133)
Profit/(Loss) on ordinary activities before taxation	626	11,573
Tax on profit on ordinary activities	(1,211)	(2,199)
Profit/(Loss) for the financial year	(585)	9,374

321Services Limited
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	1,529,689	1,529,689
		1,529,689	1,529,689
Current assets
Debtors	4	2,944	2,020
Cash at bank and in hand		46,560	61,018
		49,504	63,038
Creditors: amount falling due within one year	5	(588,094)	(603,038)
Net current assets		(538,590)	(540,000)

Total assets less current liabilities		991,099	989,689
Creditors: amount falling due after more than one year	6	(317,795)	(317,795)
Accruals and deferred income		(1,995)	0
Net assets		671,309	671,894

Capital and reserves
Called up share capital	7	105	105
Share premium account	8	790,094	790,094
Profit and loss account		(118,890)	(118,305)
Shareholders' funds		671,309	671,894

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the director on 23 December 2025 and were signed by:

-------------------------------
William James Hutchinson
Director

321Services Limited
Statement of Changes in Equity
For the year ended 31 March 2025

	Equity share capital	Equity share premium	Retained Earnings	Total
	£	£	£	£
At 01 April 2023	101	790,094	(127,679)	662,516
Profit for the year			9,374	9,374
Total comprehensive income for the year	-	-	9,374	9,374
Shares issued	4			4
Total investments by and distributions to owners	4	-	-	4
At 31 March 2024	105	790,094	(118,305)	671,894
At 01 April 2024	105	790,094	(118,305)	671,894
Profit for the year			(585)	(585)
Total comprehensive income for the year	-	-	(585)	(585)
Total investments by and distributions to owners	-	-	-	-
At 31 March 2025	105	790,094	(118,890)	671,309

321Services Limited
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

321Services Limited is a private company, limited by shares, registered in England and Wales, registration number NI628552, registration address 47 Clonetrace Road, Broughshane, Ballymena, Antrim, BT43 7HY.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

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)

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

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

Tangible fixed assets

Cost or valuation	Investment properties	Total
	£	£
At 01 April 2024	1,529,689	1,529,689
Additions	-	-
Disposals	-	-
At 31 March 2025	1,529,689	1,529,689
Depreciation
At 01 April 2024	-	-
Charge for year	-	-
On disposals	-	-
At 31 March 2025	-	-
Net book values
Closing balance as at 31 March 2025	1,529,689	1,529,689
Opening balance as at 01 April 2024	1,529,689	1,529,689

Investment Property Revaluation

The director believes there is no material difference between the incorporated property value and the current fair value and thus no formal valuation has been performed as at 31st March 2025.

Debtors: amounts falling due within one year

	2025 £	2024 £
Prepayments & Accrued Income	2,677	1,753
Other Debtors	267	267
	2,944	2,020

Creditors: amount falling due within one year

	2025 £	2024 £
Corporation Tax	1,211	2,199
Accrued Expenses	0	1,980
Other Creditors	417	267
Directors' Current Accounts	586,466	598,592
	588,094	603,038

Creditors: amount falling due after more than one year

	2025 £		2024 £
Other Creditors	317,795		317,795
	317,795		317,795

Share Capital

Allotted, called up and fully paid	2025 £	2024 £
1 Ordinary share of £1.00 each	1	1
401 Class B shares of £0.01 each	4	4
150 Class C to Class Q shares of £0.01 each	2	2
9,840 Class A shares of £0.01 each	98	98
	105	105

Share premium account

	2025 £		2024 £
Equity Share Premium b/fwd	790,094		790,094
	790,094		790,094

9.	Director’s loan

Director's Loan Account

As at 31 March 2025 the director had advanced the company sum totaling £586,486 (2024 - £598,592).

This is an interest free loan and repayable on demand.

10.	Future events The company engaged in advice from Property 118 on the incorporation of the properties, currently this advice and Property 118 are subject to a HMRC review, this review is still ongoing.

Registered Number: NI628552
England and Wales
321SERVICES LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 April 2024 End date: 31 March 2025