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Company Registration No. 13339992 (England and Wales)
KHS 3 Ltd Unaudited accounts for the year ended 30 April 2023
KHS 3 Ltd Unaudited accounts Contents
Page
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KHS 3 Ltd Company Information for the year ended 30 April 2023
Directors
Omogbolawoyi Ajayi Iyafolarinwa Ajayi
Company Number
13339992 (England and Wales)
Registered Office
18 Queenscroft House 22 Thonrey Close London NW9 4ED England
Accountants
abacus azure 85-87 Bayham Street Camden London NW1 0AG
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KHS 3 Ltd Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,169,282 
3,214,098 
Current assets
Cash at bank and in hand
15,881 
- 
Creditors: amounts falling due within one year
(22,592)
(6,714)
Net current liabilities
(6,711)
(6,714)
Total assets less current liabilities
4,162,571 
3,207,384 
Creditors: amounts falling due after more than one year
(4,273,446)
(3,236,480)
Net liabilities
(110,875)
(29,096)
Capital and reserves
Called up share capital
99 
99 
Profit and loss account
(110,974)
(29,195)
Shareholders' funds
(110,875)
(29,096)
For the year ending 30 April 2023 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 directors acknowledge their 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.
The financial statements were approved by the Board of Directors and authorised for issue on 12 March 2024 and were signed on its behalf by
Omogbolawoyi Ajayi Director Company Registration No. 13339992
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KHS 3 Ltd Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
KHS 3 Ltd is a private company, limited by shares, registered in England and Wales, registration number 13339992. The registered office is 18 Queenscroft House 22 Thonrey Close, London, NW9 4ED, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
Straight Line over 50 years with Residual Value of £2,412,584
Plant & machinery
25% Straight Line
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2022
3,216,779 
- 
- 
3,216,779 
Additions
816,896 
24,632 
158,587 
1,000,115 
At 30 April 2023
4,033,675 
24,632 
158,587 
4,216,894 
Depreciation
At 1 May 2022
2,681 
- 
- 
2,681 
Charge for the year
17,445 
3,404 
24,082 
44,931 
At 30 April 2023
20,126 
3,404 
24,082 
47,612 
Net book value
At 30 April 2023
4,013,549 
21,228 
134,505 
4,169,282 
At 30 April 2022
3,214,098 
- 
- 
3,214,098 
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KHS 3 Ltd Notes to the Accounts for the year ended 30 April 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
22,112 
5,616 
Accruals
480 
1,098 
22,592 
6,714 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
3,236,480 
3,236,480 
Loans from directors
1,036,966 
- 
4,273,446 
3,236,480 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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