Threen House (Medicare) Limited

Registered number

02632994

Unaudited Filleted Accounts

31 December 2025

Threen House (Medicare) Limited

Company Information

Directors

A R Hannon

L Hannon

Secretary

A R Hannon

Accountants

Ian Cobden & Co.

Churchill House

120 Bunns Lane

London

NW7 2AS

Registered office

29 Mattock Lane

London

W5 5BH

Registered number

02632994

Threen House (Medicare) Limited
Registered number:		02632994
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		802,909			775,608
Investment properties	4		4,800,000			4,800,000
			5,602,909			5,575,608

Current assets
Debtors	4	148,894			45,354
Cash at bank and in hand		287,859			281,987
		436,753			327,341

Creditors: amounts falling due within one year	5	(215,750)			(197,687)

Net current assets			221,003			129,654

Net assets			5,823,912			5,705,262

Capital and reserves
Called up share capital			100			100
Revaluation reserve	6		4,568,830			4,568,830
Profit and loss account			1,254,982			1,136,332

Shareholders' funds			5,823,912			5,705,262

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




A R Hannon
Director
Approved by the board on 22 September 2026

Threen House (Medicare) Limited
Statement of Changes in Equity
for the year ended 31 December 2025

Share		Re-		Profit		Total
capital		valuation		and loss
reserve				account
£		£		£		£

At 1 January 2024	100		4,381,330		1,011,385		5,392,815

Profit for the financial year					184,947		184,947

Gain on revaluation of land and buildings			150,000				150,000
Deferred taxation arising on the revaluation of land and buildings			37,500				37,500
Other comprehensive income for the financial year	-		187,500		-		187,500
Total comprehensive income for the financial year	-		187,500		184,947		372,447

Dividends					(60,000)		(60,000)

At 31 December 2024	100		4,568,830		1,136,332		5,705,262



At 1 January 2025	100		4,568,830		1,136,332		5,705,262

Profit for the financial year					118,650		118,650


At 31 December 2025	100		4,568,830		1,254,982		5,823,912

Threen House (Medicare) Limited
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			over 50 years
	Plant and machinery			Over 5 years
	Motor Vehicles			Over 7 years


	Investment property
	Investment property is initially recognised at cost and then subsequently measured at fair value. Changes in value are recognised in profit or loss.


	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.






	Taxation

	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					40		40

	Goodwill:
	Cost


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 January 2025	750,000		245,046		30,025		1,025,071
	Additions	-		37,706		-		37,706
	At 31 December 2025	750,000		282,752		30,025		1,062,777

	Depreciation
	At 1 January 2025	1,500		242,959		5,004		249,463
	Charge for the year	1,500		4,616		4,289		10,405
	At 31 December 2025	3,000		247,575		9,293		259,868

	Net book value
	At 31 December 2025	747,000		35,177		20,732		802,909
	At 31 December 2024	748,500		2,087		25,021		775,608




4	Investment property					2025
£
	Valuation
	At 1 January 2025					4,800,000
	Revaluation					-
	At 31 December 2025					4,800,000


	After initial recognition, investment property is revalued at each reporting date at fair value, with changes in fair value recognised in the profit and loss account.Valuations are carried out externally by qualified external valuers

4	Debtors					2025		2024
£							£

	Trade debtors					100,587		9,630
	Other debtors					48,307		35,724
						148,894		45,354


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					65,211		40,148
	Taxation and social security costs					70,542		94,745
	Other creditors					79,997		62,794
						215,750		197,687


6	Revaluation reserve					2025		2024
£							£

	At 1 January 2025					4,568,830		4,381,330
	Gain on revaluation of land and buildings					-		150,000
	Deferred taxation arising on the revaluation of land and buildings					-		37,500

	At 31 December 2025					4,568,830		4,568,830


7	Controlling party
	The company is controlled by the Directors



8	Other information

	Threen House (Medicare) Limited is a private company limited by shares and incorporated in England. Its registered office is: 29 Mattock Lane.London W5 5BH