Acorah Software Products - Accounts Production 19.3.550 false true true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 09072171 Mr Ferdinando Fusaro Mr Andrea Vivian Mr Francesco Ferretti true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09072171 2024-12-31 09072171 2025-12-31 09072171 2025-01-01 2025-12-31 09072171 frs-core:CurrentFinancialInstruments 2025-12-31 09072171 frs-core:OtherResidualIntangibleAssets 2025-12-31 09072171 frs-core:OtherResidualIntangibleAssets 2024-12-31 09072171 frs-core:ShareCapital 2025-12-31 09072171 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 09072171 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 09072171 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 09072171 frs-bus:SmallEntities 2025-01-01 2025-12-31 09072171 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 09072171 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 09072171 1 2025-01-01 2025-12-31 09072171 frs-core:UnlistedNon-exchangeTraded 2025-12-31 09072171 frs-core:UnlistedNon-exchangeTraded 2024-12-31 09072171 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 09072171 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2025-12-31 09072171 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-12-31 09072171 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 09072171 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-12-31 09072171 frs-bus:Director1 2025-01-01 2025-12-31 09072171 frs-bus:Director2 2025-01-01 2025-12-31 09072171 frs-bus:Director3 2025-01-01 2025-12-31 09072171 frs-core:CurrentFinancialInstruments 1 2025-12-31 09072171 frs-countries:EnglandWales 2025-01-01 2025-12-31 09072171 2023-12-31 09072171 2024-12-31 09072171 2024-01-01 2024-12-31 09072171 frs-core:CurrentFinancialInstruments 2024-12-31 09072171 frs-core:ShareCapital 2024-12-31 09072171 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 09072171 frs-core:CurrentFinancialInstruments 1 2024-12-31
Registered number: 09072171
Th3 Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
Tax and Advise Ltd
19 The Circle
Queen Elizabeth Street
London
SE1 2JE
Th3 Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Th3 Ltd
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: 09072171

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 14,669 |  | 14,669
Investments | 5 |  | 997,348 |  | 991,532
|  |  | 1,012,017 |  | 1,006,201
CURRENT ASSETS
Debtors | 6 | 1,030,957 |  | 1,145,594 |
Investments | 7 | 29,915 |  | 28,222 |
Cash at bank and in hand |  | 1,425,183 |  | 59,214 |
|  | 2,486,055 |  | 1,233,030 |
Creditors: Amounts Falling Due Within One Year | 8 | (1,366,020 ) |  | (82,874 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,120,035 |  | 1,150,156
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,132,052 |  | 2,156,357
NET ASSETS |  |  | 2,132,052 |  | 2,156,357
CAPITAL AND RESERVES
Called up share capital | 9 |  | 1,010 |  | 1,000
Profit and Loss Account |  |  | 2,131,042 |  | 2,155,357
SHAREHOLDERS' FUNDS |  |  | 2,132,052 |  | 2,156,357

Page 1
Page 2
Th3 Ltd
Balance Sheet (continued)
As At 31 December 2025
For the year ending 31 December 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr Ferdinando Fusaro Director
02/07/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Th3 Ltd
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
Th3 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09072171 . The registered office is 19 The Circle, Queen Elizabeth Street, London, SE1 2JE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: NIL)
1 -
Page 3
Page 4
Th3 Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
4. Intangible Assets

| Other
--- | ---
| £
Cost
As at 1 January 2025 | 14,669
As at 31 December 2025 | 14,669
Net Book Value
As at 31 December 2025 | 14,669
As at 1 January 2025 | 14,669

5. Investments

| Unlisted
--- | ---
| £
Cost or Valuation
As at 1 January 2025 | 991,532
Additions | 5,816
As at 31 December 2025 | 997,348
Provision
As at 1 January 2025 | -
As at 31 December 2025 | -
Net Book Value
As at 31 December 2025 | 997,348
As at 1 January 2025 | 991,532

Investments represents share of following group companies:

TH3 Hub srl | £4,64,640.00
TH3 Standard GMBH | £9,923.00
Retainology | £1,946.43
TH3 Standard HK Ltd | £4,984.67
TH3 STANDARD PTE LTD | £401.47
Black Sixteen Ltd | £30,000.00
Maintenet Ltd | £667.00
Th3 Green Ltd | £1000.00
TH3 Standard Ltd | £1000.00
TH3 Green SL | £5,815.17
THE Standard ITALIA SRL | £4,76,969.60

Page 4
Page 5
Th3 Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 14,035 |  | 300,116
Prepayments and accrued income | 153,365 |  | -
Other debtors | 1,010 |  | 1,000
Debtors for Investment sale - Aik Khong Tern | 13,653 |  | 13,653
Amounts owed by other participating interests | 848,894 |  | 830,825
| 1,030,957 |  | 1,145,594

7. Current Asset Investments

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Unlisted investments | 29,915 |  | 28,222

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | (6,446 ) |  | 1
Corporation tax | 35,507 |  | 49,078
Dividend payable | 1,308,735 |  | -
Accruals and deferred income | 18,945 |  | 25,401
Amounts owed to group undertakings | 9,279 |  | 8,394
| 1,366,020 |  | 82,874

9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1,010 |  | 1,000

10. Related Party Transactions
Related party transactions took place in the year 2025:
There is loan with TH3 standard Ltd of £6,164 and during the year there is no change. The closing balance as on 31.12.2025 is £6,164 (2024: 6,164) same included note 8.
TH3 Ltd rendered services amounting to £5,099 (2024:£10,079) to Maintenet Ltd, by the end of the year TH3 Ltd had an outstanding amount to receive of NIL (2024:£10,146 ) same included note 6.
11. Ultimate Controlling Party
The company's ultimate controlling party is Mr Francesco Ferretti by virtue of his ownership of more than 25% but not more than 50% of the issued share capital in the company and Mr Andrea Vivian by virtue of his ownership of more than 50% but less than 75% of the issued share capital in the company.
Page 5