Th3 Ltd

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

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

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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.

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)

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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

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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.

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