Silverfin false false 30/06/2025 01/07/2024 30/06/2025 Mr D A Cole 07/05/2024 05 February 2026 The principal activity of the Company during the financial period was property development.
The company acquired its initial development site on 11 October 2024. 15704852 2025-06-30 15704852 bus:Director1 2025-06-30 15704852 core:CurrentFinancialInstruments 2025-06-30 15704852 core:Non-currentFinancialInstruments 2025-06-30 15704852 core:ShareCapital 2025-06-30 15704852 core:RetainedEarningsAccumulatedLosses 2025-06-30 15704852 bus:OrdinaryShareClass1 2025-06-30 15704852 2024-07-01 2025-06-30 15704852 bus:FilletedAccounts 2024-07-01 2025-06-30 15704852 bus:SmallEntities 2024-07-01 2025-06-30 15704852 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 15704852 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 15704852 bus:Director1 2024-07-01 2025-06-30 15704852 core:CurrentFinancialInstruments 2024-07-01 2025-06-30 15704852 core:Non-currentFinancialInstruments 2024-07-01 2025-06-30 15704852 bus:OrdinaryShareClass1 2024-07-01 2025-06-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 15704852 (England and Wales)

# TRETHELLAN ESTATES 3 LIMITED

### Unaudited Financial Statements
For the financial period ended 30 June 2025
Pages for filing with the registrar

TRETHELLAN ESTATES 3 LIMITED

## Unaudited Financial Statements

For the financial period ended 30 June 2025

Contents

TRETHELLAN ESTATES 3 LIMITED

## BALANCE SHEET

As at 30 June 2025
TRETHELLAN ESTATES 3 LIMITED

## BALANCE SHEET (continued)

As at 30 June 2025

| Note | 2025
|  | £
Current assets |  |
Stocks | 3 | 1,606,225
Debtors | 4 | 295,014
Cash at bank and in hand |  | 1,409
|  | 1,902,648
Creditors: amounts falling due within one year | 5 | ( 1,782,530)
Net current assets |  | 120,118
Total assets less current liabilities |  | 120,118
Creditors: amounts falling due after more than one year | 6 | ( 301,803)
Net liabilities |  | ( 181,685)
Capital and reserves |  |
Called-up share capital | 7 | 1
Profit and loss account |  | ( 181,686 )
Total shareholder's deficit |  | ( 181,685)

For the financial period ending 30 June 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 member has not required the Company to obtain an audit of its financial statements for the financial period 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 financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Trethellan Estates 3 Limited (registered number: 15704852) were approved and authorised for issue by the Director on 05 February 2026. They were signed on its behalf by:

Mr D A Cole Director |

TRETHELLAN ESTATES 3 LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial period ended 30 June 2025
TRETHELLAN ESTATES 3 LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial period ended 30 June 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

##### General information and basis of accounting

Trethellan Estates 3 Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Lowin House, Tregolls Road, Truro, Cornwall, TR1 2NA, United Kingdom. The principal place of business is Trethellan Barn, Trevean Way, Newquay, Cornwall, TR7 1NA.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The director has assessed the Balance Sheet and likely future cash flow at the date of approving these financial statements. The director notes that the business has net liabilities of £181,685. The company is in the start up phase and is supported by structured development debt from third party funders. The director that the development project will be completed and that any foreseeable debts can be met within 12 months from the date of signing these financial statements. Accordingly, the director continues to adopt the going concern basis in prepaying the financial statements.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

#### 2. Employees

| 2025
| Number
Monthly average number of persons employed by the Company during the period, including the director | 1

#### 3. Stocks

| 2025
| £
Work in progress | 1,606,225

#### 4. Debtors

| 2025
| £
Amounts owed by Group undertakings | 1,200
Other debtors | 293,814
| 295,014

#### 5. Creditors: amounts falling due within one year

| 2025
| £
Trade creditors | 723
Amounts owed to Group undertakings | 492,667
Other loans | 1,287,900
Accruals | 1,240
| 1,782,530

Other loans are secured.

#### 6. Creditors: amounts falling due after more than one year

| 2025
| £
Other creditors | 301,803

Other loans are secured.

#### 7. Called-up share capital

| 2025
| £
Allotted, called-up and fully-paid |
1 Ordinary share of £ 1.00 | 1

#### 8. Related party transactions

Transactions with owners holding a participating interest in the entity

| 2025
| £
Loan from Trethellan Holdings Limited | (492,667)

The loan is interest free, unsecured and repayable on demand.

Transactions with the entity's director

The director has given personal guarantees in support of the company's development funding to a maximum value of £864,000.

Other related party transactions

| 2025
| £
Loan to Trethellan Estates 1 Limited | 1,200

The loan is interest free, unsecured and repayable on demand.

#### 9. Ultimate controlling party

Parent Company:

Trethellan Holdings Limited (company number 12795787).