Company Registration No. 06501571 (England and Wales)
Three Points Limited
Unaudited accounts
for the year ended 31 March 2025
Three Points Limited
Unaudited accounts
Contents
Three Points Limited
Company Information
for the year ended 31 March 2025
Directors
Paul Davis
Stephen Olden
Company Number
06501571 (England and Wales)
Registered Office
4-5 YELVERTON ROAD
BRISLINGTON
BRISTOL
BS4 5HP
UNITED KINGDOM
Accountants
De Verose Accounting Ltd
18 De Verose Court
Hanham
Bristol
BS15 3SW
Three Points Limited
Statement of financial position
as at 31 March 2025
Tangible assets
30,041
63,289
Cash at bank and in hand
16,146
28,101
Creditors: amounts falling due within one year
(93,687)
(110,851)
Net current liabilities
(23,059)
(31,171)
Total assets less current liabilities
6,982
32,118
Creditors: amounts falling due after more than one year
(12,327)
(39,425)
Net liabilities
(5,345)
(7,307)
Called up share capital
2
2
Profit and loss account
(5,347)
(7,309)
Shareholders' funds
(5,345)
(7,307)
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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 7 December 2025 and were signed on its behalf by
Stephen Olden
Director
Company Registration No. 06501571
Three Points Limited
Notes to the Accounts
for the year ended 31 March 2025
Three Points Limited is a private company, limited by shares, registered in England and Wales, registration number 06501571. The registered office is 4-5 YELVERTON ROAD, BRISLINGTON, BRISTOL, BS4 5HP, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
Fixtures & fittings
25% on reducing balance
Computer equipment
25% on reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Three Points Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
67,278
100,125
21,095
2,399
190,897
Disposals
-
(42,190)
-
-
(42,190)
At 31 March 2025
67,278
57,935
21,095
2,399
148,707
At 1 April 2024
61,195
47,283
16,813
2,317
127,608
Charge for the year
1,520
7,400
1,070
20
10,010
On disposals
-
(18,952)
-
-
(18,952)
At 31 March 2025
62,715
35,731
17,883
2,337
118,666
At 31 March 2025
4,563
22,204
3,212
62
30,041
At 31 March 2024
6,083
52,842
4,282
82
63,289
Amounts falling due within one year
Trade debtors
16,053
12,190
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
9,864
10,260
Obligations under finance leases and hire purchase contracts
4,365
11,541
Trade creditors
1,507
1,447
Taxes and social security
4,024
4,310
Other creditors
12,256
8,596
Loans from directors
28,258
37,079
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
10,549
28,067
8
Average number of employees
During the year the average number of employees was 5 (2024: 5).