REGISTERED NUMBER: 05323636 (England and Wales)

Financial Statements

for the Year Ended 31st March 2025

for

3 SHIRES GROUP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R E Freeman

SECRETARY:

Mrs N J Freeman

REGISTERED OFFICE:

15 Grove Place

Bedford

Bedfordshire

MK40 3JJ

REGISTERED NUMBER:

05323636 (England and Wales)

ACCOUNTANTS:

John Wildman Chartered Accountants

15 Grove Place

Bedford

MK40 3JJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

29,365

38,913

29,365

38,913

CURRENT ASSETS

Debtors

6

103,088

195,235

Cash at bank

97,993

10,637

201,081

205,872

CREDITORS

Amounts falling due within one year

7

201,166

196,635

NET CURRENT (LIABILITIES)/ASSETS

(85

)

9,237

TOTAL ASSETS LESS CURRENT LIABILITIES

29,280

48,150

PROVISIONS FOR LIABILITIES

3,765

7,350

NET ASSETS

25,515

40,800

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

25,315

40,600

SHAREHOLDERS' FUNDS

25,515

40,800

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

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

The director acknowledges his 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 director and authorised for issue on 26th November 2025 and were signed by:

R E Freeman - Director

1.	STATUTORY INFORMATION

3 Shires Group 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.

These financial statements are prepared on the going concern basis as it is the intention of the director to continue supporting the company for the foreseeable future.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of five years.

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.

Tangible fixed assets

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

Tools & equipment

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

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 11 (2024 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2024

and 31st March 2025

10,000

AMORTISATION

At 1st April 2024

and 31st March 2025

10,000

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

-

5.	TANGIBLE FIXED ASSETS

Tools &

Office

Motor

equipment

equipment

vehicles

Totals

£

£

£

£

COST

At 1st April 2024

and 31st March 2025

3,832

6,314

85,874

96,020

DEPRECIATION

At 1st April 2024

3,803

6,031

47,273

57,107

Charge for year

7

70

9,471

9,548

At 31st March 2025

3,810

6,101

56,744

66,655

NET BOOK VALUE

At 31st March 2025

22

213

29,130

29,365

At 31st March 2024

29

283

38,601

38,913

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

103,088

195,235

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

30,522

35,713

Trade creditors

116,369

119,590

PAYE, NI & NEST outstanding

2,922

3,114

VAT

7,496

33,713

Directors loan account

42,857

3,505

Accrued expenses

1,000

1,000

201,166

196,635

8.	ULTIMATE CONTROLLING PARTY

The controlling party is R E Freeman.