3Ts Top Tool Trading Company Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03742989 (England and Wales)

3TS TOP TOOL TRADING COMPANY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Page

Company Information

1

Chartered Accountants' Report

2

Statement of Financial Position

3

Notes to the Financial Statements

5

DIRECTORS:

Mr P.L. Grummitt

Mrs. R.I. Armstrong

Mrs F. Guest

REGISTERED OFFICE:

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

REGISTERED NUMBER:

03742989 (England and Wales)

ACCOUNTANTS:

Folkes Worton LLP

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

BANKERS:

HSBC Bank Plc

47 High Street

Bromsgrove

Worcestershire

B61 8AW

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of 3Ts Top Tool Trading Company Limited for the year ended 31 August 2025 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's 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 (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of 3Ts Top Tool Trading Company Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of 3Ts Top Tool Trading Company Limited and state those matters that we have agreed to state to the Board of Directors of 3Ts Top Tool Trading Company Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 3Ts Top Tool Trading Company Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that 3Ts Top Tool Trading Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of 3Ts Top Tool Trading Company Limited. You consider that 3Ts Top Tool Trading Company 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 financial statements of 3Ts Top Tool Trading Company 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 financial statements.

Folkes Worton LLP

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

21 May 2026

FIXED ASSETS

Intangible assets

4

1

-

Tangible assets

5

16,238

19,269

Investments

6

911,119

502,723

Investment property

7

3,010,358

3,937,716

3,532,350

CURRENT ASSETS

Debtors

8

586,380

384,996

Cash at bank

353,293

961,814

939,673

1,346,810

CREDITORS

Amounts falling due within one year

9

759,190

874,880

NET CURRENT ASSETS

180,483

471,930

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,118,199

4,004,280

PROVISIONS FOR LIABILITIES

18,347

4,817

NET ASSETS

4,099,852

3,999,463

CAPITAL AND RESERVES

Called up share capital

1,100

Revaluation reserve

10

1,939,949

Fair value reserve

10

42,862

(51,094

)

Retained earnings

2,115,941

2,109,508

SHAREHOLDERS' FUNDS

4,099,852

3,999,463

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 21 May 2026 and were signed on its behalf by:

Mr P.L. Grummitt - Director

1.	STATUTORY INFORMATION

3Ts Top Tool Trading Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents net sales less credit notes of goods/services, excluding value added tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

15% on reducing balance

Investments in subsidiaries and associates

Investments in subsidiary and associate undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

1

At 31 August 2025

1

NET BOOK VALUE

At 31 August 2025

1

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

COST

At 1 September 2024

and 31 August 2025

6,900

31,500

38,400

DEPRECIATION

At 1 September 2024

4,074

15,057

19,131

Charge for year

565

2,466

3,031

At 31 August 2025

4,639

17,523

22,162

NET BOOK VALUE

At 31 August 2025

2,261

13,977

16,238

At 31 August 2024

2,826

16,443

19,269

6.	FIXED ASSET INVESTMENTS

2025

2024

£

Shares in group undertakings

853

700

Participating interests

50

Other investments not loans

910,216

501,973

911,119

502,723

Additional information is as follows:

Shares in

Interest

group

in

Other

undertakings

associate

investments

Totals

£

COST OR VALUATION

At 1 September 2024

700

50

501,973

502,723

Additions

153

-

153

Revaluations

-

108,243

At 31 August 2025

853

50

610,216

611,119

NET BOOK VALUE

At 31 August 2025

853

50

610,216

611,119

At 31 August 2024

700

50

501,973

502,723

Cost or valuation at 31 August 2025 is represented by:

Shares in

Interest

group

in

Other

undertakings

associate

investments

Totals

£

Valuation in 2022

-

169,168

Valuation in 2023

-

(137,091

)

(137,091

)

Valuation in 2024

-

(83,171

)

(83,171

)

Valuation in 2025

-

108,243

Cost

853

50

553,067

553,970

853

50

610,216

611,119

Investments (neither listed nor unlisted) were as follows:

2025

2024

£

Investments

300,000

-

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

and 31 August 2025

3,010,358

NET BOOK VALUE

At 31 August 2025

3,010,358

At 31 August 2024

3,010,358

Included in fair value of investment property is freehold land of £ 1,010,358 (2024 - £ 1,010,358 ) which is not depreciated.

Fair value at 31 August 2025 is represented by:

£

Valuation in 2009

339,949

Valuation in 2021

1,600,000

Cost

1,070,409

3,010,358

If investment property had not been revalued they would have been included at the following historical cost:

2025

2024

£

Cost

1,070,409

Investment property was valued on an open market basis basis on 31 March 2021 by the director .

In the opinion of the director, the value of the investment property has not changed from the date of the last valuation.

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

13,760

2,349

Amounts owed by group undertakings

173,026

152,521

Other debtors

399,594

230,126

586,380

384,996

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Amounts owed to group undertakings

563,909

723,789

Taxation and social security

59,159

85,517

Other creditors

136,122

65,574

759,190

874,880

10.

RESERVES

Fair

Revaluation

value

reserve

Totals

£

At 1 September 2024

1,939,949

(51,094

)

1,888,855

Restatement to fair value

-

93,956

At 31 August 2025

1,939,949

42,862

1,982,811

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 August 2025 and the period ended 31 August 2024:

2025

2024

£

Mr P.L. Grummitt

Balance outstanding at start of year

61,349

-

Amounts advanced

9,848

61,349

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

71,197

61,349

12.	RELATED PARTY DISCLOSURES

During the period, the company charged rent on its investment property to Tools of the Trade Limited, its subsidiary company, amounting to £180,000 (2024: £261,000). The company also charged consultancy of £15,858 (2024: £26,708) to Tools of the Trade Limited.

At the balance sheet date, the company owed the sum of £563,756 (2024: £723,789) to Tools of the Trade Limited.

At the balance sheet date, the company owed the sum of £153 (2024: £0) to Tool Giraffe Limited.

The company also owns 50% of the share capital in EMS Evesham Motor Services Limited. At the balance sheet date the company was owed £173,026 (2024: £152,521) by EMS Evesham Motor Services Limited.