Corporate Information And Statement Of Ifrs Compliance [Abstract]
| Concept |
2023-04-01 to 2024-03-31 |
2022-04-01 to 2023-03-31 |
|---|---|---|
| Corporate information and statement of IFRS compliance [abstract] | ||
| Name of reporting entity or other means of identification |
Northern 3 VCT PLC
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| Legal form of entity |
Venture Capital Trust
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| Address of entity's registered office |
Northern 3 VCT PLC
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| Principal place of business |
United Kingdom
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| Description of nature of entity's operations and principal activities |
The Company invests mainly in unquoted venture capital
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| Name of ultimate parent of group |
Mercia Asset Management PLC
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| Statement of IFRS compliance [text block] |
The financial statements have been prepared under FRS 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and in accordance with the Statement of Recommended Practice
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| Disclosure of material accounting policy information [text block] |
1. Accounting policies
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| Dividends recognised as distributions to owners per share |
0.020
|
0.020
|
| Dividends proposed or declared before financial statements authorised for issue but not recognised as distribution to owners per share |
0.022
|
0.025
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