3 Planks Property Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 08911703 (England and Wales)

Unaudited Financial Statements for the Year Ended 30th November 2025

for

3 Planks Property Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M A Ashman

Mr A P Penney

Mr A G Cairns

REGISTERED OFFICE:

153 Mortimer Street

Herne Bay

Kent

CT6 5HA

REGISTERED NUMBER:

08911703 (England and Wales)

ACCOUNTANTS:

CWW Accountants

153 Mortimer Street

Herne Bay

Kent

CT6 5HA

FIXED ASSETS

Tangible assets

4

303,238

Investments

5

30

303,268

CURRENT ASSETS

Debtors

6

118,656

91,166

Cash at bank

1,327

300

119,983

91,466

CREDITORS

Amounts falling due within one year

26,186

20,419

NET CURRENT ASSETS

93,797

71,047

TOTAL ASSETS LESS CURRENT
LIABILITIES

397,065

374,315

CREDITORS

Amounts falling due after more than one
year

7

106,380

116,189

NET ASSETS

290,685

258,126

CAPITAL AND RESERVES

Called up share capital

300

Retained earnings

290,385

257,826

SHAREHOLDERS' FUNDS

290,685

258,126

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30th November 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 18th September 2026 and were signed on its behalf by:

Mr M A Ashman - Director

Mr A P Penney - Director

Mr A G Cairns - Director

1.	STATUTORY INFORMATION

3 Planks Property Ltd 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.

Tangible fixed assets

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

Land and buildings

-

not provided

Plant and machinery etc

-

in accordance with the property

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1st December 2024

and 30th November 2025

455,000

DEPRECIATION

At 1st December 2024

and 30th November 2025

151,762

NET BOOK VALUE

At 30th November 2025

303,238

At 30th November 2024

303,238

Included in cost or valuation of land and buildings is freehold land of £ 58,936 (2024 - £ 58,936 ) which is not depreciated.

Cost or valuation at 30th November 2025 is represented by:

Totals

£

Valuation in 2025

455,000

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1st December 2024

and 30th November 2025

30

NET BOOK VALUE

At 30th November 2025

30

At 30th November 2024

30

6.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.11.25

30.11.24

£

Amounts owed by group undertakings

61,675

34,185

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

30.11.25

30.11.24

£

Repayable by instalments

Bank loans more 5 yr by instal

58,346

68,155

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.11.25

30.11.24

£

Bank loans

122,391

132,200

9.	RELATED PARTY DISCLOSURES

During the year the company received rent from 3 Planks Limited of £53,500 (£26,750 2024)