Company registration number: 09914658
Unaudited financial statements
for the year ended 31 March 2024
for
313 Holdings Ltd
Pages for filing with the Registrar
313 Holdings Ltd
Chartered Accountants' Report to the Director for the preparation of the unaudited
financial statements
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of 313 Holdings Ltd for the year ended 31 March 2024 which comprise the Profit and loss account, Balance sheet and the notes to the financial statements from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Director of 313 Holdings Ltd, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of 313 Holdings Ltd and state those matters that we have agreed to state to them in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 313 Holdings Ltd and its Director for our work, or for this report.
It is your duty to ensure that 313 Holdings Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of 313 Holdings Ltd. You consider that 313 Holdings Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of 313 Holdings Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Date: 2 December 2024
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Company registration number: 09914658
313 Holdings Ltd
Balance sheet
as at 31 March 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 4 353,000 353,000
353,000 353,000
Current assets
Debtors 1,689 -
Cash at bank and in hand 11,388 10,438
13,077 10,438
Creditors: amounts falling due within
one year
(13,000) (8,500)
Net current assets 77 1,938
Total assets less current liabilities 353,077 354,938
Creditors: Amounts falling due after
more than one year
(349,965) (357,135)
Provisions for liabilities (591) -
NET ASSETS/(LIABILITIES) 2,521 (2,197)
Capital and reserves
Called up share capital 1 1
Profit and loss account 2,520 (2,198)
TOTAL EQUITY 2,521 (2,197)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 09914658
313 Holdings Ltd
Balance sheet - continued
as at 31 March 2024
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 to the Registrar.
Signed by:
Mr F Mohamed Patel, Director
2 December 2024
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313 Holdings Ltd
Notes to the financial statements
for the year ended 31 March 2024
1 Company information
313 Holdings Ltd is a private company registered in England and Wales. Its registered number is 09914658. The company is limited by shares. Its registered office is 20-22 Wenlock Road, London, N1 7GU.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - 10% straight line
Plant and machinery etc.:
Fixtures & fittings - 10% straight line
Taxation
Taxation for the year comprises current taxation. 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 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.
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313 Holdings Ltd
Notes to the financial statements - continued
for the year ended 31 March 2024
3 Average number of employees
During the year the average number of employees was Nil (2023 - Nil).
4 Tangible fixed assets
Land and
buildings
Plant and
machinery
etc.
Totals
£ £ £
Cost
At 1 April 2023 353,000 2,347 355,347
At 31 March 2024 353,000 2,347 355,347
Depreciation
At 1 April 2023 - 2,347 2,347
At 31 March 2024 - 2,347 2,347
Net book value
At 31 March 2024 353,000 - 353,000
At 31 March 2023 353,000 - 353,000
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313 Holdings Ltd
Exception report
for the year ended 31 March 2024
The following differences exist between the previous year's closing balances per the accounts and the
current year's opening balances per the Trial Balance:
Reserves
Opening balance at
1 April 2023 per TB
Balance at 31 March
2023 per accounts
Difference
£ £ £
Profit and loss account (Account 968) (2,197) (2,198) 1
(2,197) (2,198) 1
This page does not form part of the statutory financial statements.
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