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REGISTERED NUMBER: 08911609 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MARCH 2022 TO 31 MARCH 2023

FOR

K3 MART LIMITED

K3 MART LIMITED (REGISTERED NUMBER: 08911609)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2022 TO 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


K3 MART LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 MARCH 2022 TO 31 MARCH 2023







DIRECTORS: Mr K Patel
Mrs K Patel





REGISTERED OFFICE: 1-2 Grand Parade
Station Road
Hook
RG27 9HF





REGISTERED NUMBER: 08911609 (England and Wales)





ACCOUNTANTS: Bayar Hughes & Co
Chartered Certified Accountants
4 Green Lane Business Park
238 Green lane
New Eltham
London
SE9 3TL

K3 MART LIMITED (REGISTERED NUMBER: 08911609)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 32,837 -

CURRENT ASSETS
Stocks 5 39,750 -
Debtors 6 21,112 100
Cash at bank and in hand 24,804 -
85,666 100
CREDITORS
Amounts falling due within one year 7 123,912 -
NET CURRENT (LIABILITIES)/ASSETS (38,246 ) 100
TOTAL ASSETS LESS CURRENT
LIABILITIES

(5,409

)

100

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 (5,509 ) -
SHAREHOLDERS' FUNDS (5,409 ) 100

K3 MART LIMITED (REGISTERED NUMBER: 08911609)

BALANCE SHEET - continued
31 MARCH 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 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.

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 17 October 2023 and were signed on its behalf by:





Mr K Patel - Director


K3 MART LIMITED (REGISTERED NUMBER: 08911609)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2022 TO 31 MARCH 2023

1. STATUTORY INFORMATION

K3 Mart 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.

Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures, Fitting & Equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures,
Fitting &
Equipment
£   
COST
Additions 43,783
At 31 March 2023 43,783
DEPRECIATION
Charge for period 10,946
At 31 March 2023 10,946
NET BOOK VALUE
At 31 March 2023 32,837

K3 MART LIMITED (REGISTERED NUMBER: 08911609)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2022 TO 31 MARCH 2023

5. STOCKS
2023 2022
£    £   
Stocks 39,750 -

6. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Vat Debtor 737 -
Other Debtors & Prepayments 10,375 -
Director's Loan Account - 100
11,112 100

Amounts falling due after more than one year:
Rent Deposit 10,000 -

Aggregate amounts 21,112 100

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade Creditors 36,436 -
Paye Creditors 67 -
Director's Loan Account 85,029 -
Other Creditors & Accruals 2,380 -
123,912 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1 100 100

9. RESERVES
Retained
earnings
£   

Deficit for the period (5,509 )
At 31 March 2023 (5,509 )