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
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
KHS 3 Ltd
Statement of financial position
as at 30 April 2023
Tangible assets
4,169,282
3,214,098
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)
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
KHS 3 Ltd
Notes to the Accounts
for the year ended 30 April 2023
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.
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:
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
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
At 30 April 2023
4,013,549
21,228
134,505
4,169,282
At 30 April 2022
3,214,098
-
-
3,214,098
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
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
-
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).