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REGISTERED NUMBER: 04350507 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

3K + V LIMITED

3K + V LIMITED (REGISTERED NUMBER: 04350507)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


3K + V LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Mr K G Lindstrom
Mrs I G Lindstrom



SECRETARY: Mr K G Lindstrom



REGISTERED OFFICE: 7 St. John's Road
Harrow
Middlesex
HA1 2EY



REGISTERED NUMBER: 04350507 (England and Wales)



ACCOUNTANTS: Macalvins Limited
Chartered Accountants
7 St John's Road
Harrow
Middlesex
HA1 2EY



BANKERS: Barclays Bank PLC
PO Box 4SD
Baker Street
W1A 4SD

3K + V LIMITED (REGISTERED NUMBER: 04350507)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 165,194 165,194

CREDITORS
Amounts falling due within one year 5 534,828 552,305
NET CURRENT LIABILITIES (534,828 ) (552,305 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(369,634

)

(387,111

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (369,734 ) (387,211 )
SHAREHOLDERS' FUNDS (369,634 ) (387,111 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 21 August 2024 and were signed on its behalf by:





Mr K G Lindstrom - Director


3K + V LIMITED (REGISTERED NUMBER: 04350507)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

3K + V 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Taxation
Taxation for the year 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern
Current liabilities exceed current assets at the balance sheet date. The directors consider, however, that the company has sufficient liquid assets to meet its liabilities as and when they fall due, and that the company has sufficient support from subsidiary company. Accordingly the directors consider that it is appropriate to prepare the accounts on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2023
and 31 December 2023 165,194
NET BOOK VALUE
At 31 December 2023 165,194
At 31 December 2022 165,194

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other creditors 526,691 544,168
Director's current account 6,390 6,390
Accrued expenses 1,747 1,747
534,828 552,305

3K + V LIMITED (REGISTERED NUMBER: 04350507)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

6. RELATED PARTY DISCLOSURES

As at 31 December 2023, the company owed £526,691 (2022 £544,168) to 3K plus V Consulting AB, a company incorporated in Sweden in which Mr K G Lindstrom is the director and 100% shareholder.This was an interest free loan to the company and is included in other creditors payable within one year.

At the year end, the company owed £6,390 (2022: £6,390) to the director of the company. There are no specific terms of repayment.

The above balance includes an amount of £1,747 which is the expense paid by 3K plus V Consulting AB on behalf of 3K+V Limited.

7. ULTIMATE CONTROLLING PARTY

The controlling party is Mr K G Lindstrom.