Company Registration No. 07232893 (England and Wales)
3K Solutions Limited
Unaudited accounts
for the year ended 30 April 2018
3K Solutions Limited
Unaudited accounts
Contents
3K Solutions Limited
Company Information
for the year ended 30 April 2018
Company Number
07232893 (England and Wales)
Registered Office
Trust House
New Augustus Street
Bradford
BD1 5LL
England
Accountants
SAF
38A
Church Street
Heckmondwike
West Yorkshire
WF16 0AX
3K Solutions Limited
Statement of financial position
as at 30 April 2018
Tangible assets
734,324
747,871
Cash at bank and in hand
7,874
3,191
Creditors: amounts falling due within one year
(319,052)
(328,658)
Net current liabilities
(308,713)
(323,955)
Total assets less current liabilities
425,611
423,916
Creditors: amounts falling due after more than one year
(341,645)
(355,004)
Called up share capital
1
1
Profit and loss account
83,965
68,911
Shareholders' funds
83,966
68,912
For the year ending 30 April 2018 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 24 January 2019.
Abid Khan
Director
Company Registration No. 07232893
3K Solutions Limited
Notes to the Accounts
for the year ended 30 April 2018
3K Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 07232893. The registered office is Trust House, New Augustus Street, Bradford, BD1 5LL, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% reducing balance
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
3K Solutions Limited
Notes to the Accounts
for the year ended 30 April 2018
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 May 2017
657,559
125,000
782,559
At 30 April 2018
657,559
125,000
782,559
At 1 May 2017
-
34,688
34,688
Charge for the year
-
13,547
13,547
At 30 April 2018
-
48,235
48,235
At 30 April 2018
657,559
76,765
734,324
At 30 April 2017
657,559
90,312
747,871
6
Creditors: amounts falling due within one year
2018
2017
Trade creditors
24,000
314,829
Taxes and social security
2,011
1,359
Loans from directors
-
11,270
7
Creditors: amounts falling due after more than one year
2018
2017
Other creditors
341,645
138,531
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 1 (2017: 1).
