IRIS Accounts Production v24.2.0.383 04141076 director 1.2.23 31.1.24 31.1.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh041410762023-01-31041410762024-01-31041410762023-02-012024-01-31041410762022-01-31041410762022-02-012023-01-31041410762023-01-3104141076ns15:EnglandWales2023-02-012024-01-3104141076ns14:PoundSterling2023-02-012024-01-3104141076ns10:Director12023-02-012024-01-3104141076ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3104141076ns10:SmallEntities2023-02-012024-01-3104141076ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3104141076ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3104141076ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3104141076ns10:FullAccounts2023-02-012024-01-3104141076ns10:CompanySecretary12023-02-012024-01-3104141076ns10:RegisteredOffice2023-02-012024-01-3104141076ns5:CurrentFinancialInstruments2024-01-3104141076ns5:CurrentFinancialInstruments2023-01-3104141076ns5:Non-currentFinancialInstruments2024-01-3104141076ns5:Non-currentFinancialInstruments2023-01-3104141076ns5:ShareCapital2024-01-3104141076ns5:ShareCapital2023-01-3104141076ns5:RetainedEarningsAccumulatedLosses2024-01-3104141076ns5:RetainedEarningsAccumulatedLosses2023-01-3104141076ns5:PlantMachinery2023-02-012024-01-3104141076ns5:LandBuildings2023-01-3104141076ns5:PlantMachinery2023-01-3104141076ns5:LandBuildings2023-02-012024-01-3104141076ns5:LandBuildings2024-01-3104141076ns5:PlantMachinery2024-01-3104141076ns5:LandBuildings2023-01-3104141076ns5:PlantMachinery2023-01-3104141076ns5:CostValuation2023-01-3104141076ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3104141076ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-31
REGISTERED NUMBER: 04141076 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

3V INTERNATIONAL LIMITED

3V INTERNATIONAL LIMITED (REGISTERED NUMBER: 04141076)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


3V INTERNATIONAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: K Kaur





SECRETARY: K S Virdee





REGISTERED OFFICE: 18 Park Street
London
W1K 2HZ





REGISTERED NUMBER: 04141076 (England and Wales)





ACCOUNTANTS: Melinek Fine LLP
Chartered Accountants
First Floor, Winston House
349 Regents Park Road
London
N3 1DH

3V INTERNATIONAL LIMITED (REGISTERED NUMBER: 04141076)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 430,472 394,391
Investments 5 12 12
430,484 394,403

CURRENT ASSETS
Stocks 288,187 281,104
Debtors 6 11,681,269 12,730,309
Cash at bank and in hand 307,623 350,540
12,277,079 13,361,953
CREDITORS
Amounts falling due within one year 7 8,908,078 9,569,540
NET CURRENT ASSETS 3,369,001 3,792,413
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,799,485

4,186,816

CREDITORS
Amounts falling due after more than one year 8 25,836 35,833
NET ASSETS 3,773,649 4,150,983

CAPITAL AND RESERVES
Called up share capital 100 100
Profit and loss account 3,773,549 4,150,883
3,773,649 4,150,983

3V INTERNATIONAL LIMITED (REGISTERED NUMBER: 04141076)

BALANCE SHEET - continued
31 JANUARY 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 October 2024 and were signed by:





K Kaur - Director


3V INTERNATIONAL LIMITED (REGISTERED NUMBER: 04141076)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

3v International 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 20% on cost

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

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost unless they are classified as receivable within one year in which case they are measured at the undiscounted amount of the cash or other consideration expected to be received net of impairment.

Financial liabilities that are classified as payable within one year are subsequently measured at the undiscounted amount of the cash or other consideration expected to be paid.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset or settle the liability simultaneously.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.


3V INTERNATIONAL LIMITED (REGISTERED NUMBER: 04141076)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2023 35,296 524,614 559,910
Additions 10,000 141,264 151,264
At 31 January 2024 45,296 665,878 711,174
DEPRECIATION
At 1 February 2023 - 165,519 165,519
Charge for year - 115,183 115,183
At 31 January 2024 - 280,702 280,702
NET BOOK VALUE
At 31 January 2024 45,296 385,176 430,472
At 31 January 2023 35,296 359,095 394,391

5. FIXED ASSET INVESTMENTS
Interest
in joint
venture
£   
COST
At 1 February 2023
and 31 January 2024 12
NET BOOK VALUE
At 31 January 2024 12
At 31 January 2023 12

3V INTERNATIONAL LIMITED (REGISTERED NUMBER: 04141076)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 39,377 2,828,196
Amounts owed by group undertakings 3,827,177 3,872,677
Other debtors 7,814,715 6,029,436
11,681,269 12,730,309

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 2,878 2,878
Trade creditors 654,166 1,088,066
Amounts owed to group undertakings 257,395 257,395
Taxation and social security 84,168 100,057
Other creditors 7,909,471 8,121,144
8,908,078 9,569,540

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 25,836 35,833