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REGISTERED NUMBER: 04211820 (England and Wales)












K3 ELECTRICAL SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






K3 ELECTRICAL SERVICES LIMITED (REGISTERED NUMBER: 04211820)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


K3 ELECTRICAL SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Mr C Spratt





REGISTERED OFFICE: Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE





REGISTERED NUMBER: 04211820 (England and Wales)






K3 ELECTRICAL SERVICES LIMITED (REGISTERED NUMBER: 04211820)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,734 6,155

CURRENT ASSETS
Stocks 527 -
Debtors 5 51,457 31,199
Cash at bank and in hand 83,232 145,583
135,216 176,782
CREDITORS
Amounts falling due within one year 6 40,569 78,654
NET CURRENT ASSETS 94,647 98,128
TOTAL ASSETS LESS CURRENT
LIABILITIES

98,381

104,283

CREDITORS
Amounts falling due after more than one
year

7

(13,278

)

(20,357

)

PROVISIONS FOR LIABILITIES (682 ) (1,152 )
NET ASSETS 84,421 82,774

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 84,419 82,772
SHAREHOLDERS' FUNDS 84,421 82,774

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

K3 ELECTRICAL SERVICES LIMITED (REGISTERED NUMBER: 04211820)

BALANCE SHEET - continued
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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 December 2024 and were signed by:





Mr C Spratt - Director


K3 ELECTRICAL SERVICES LIMITED (REGISTERED NUMBER: 04211820)

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


1. STATUTORY INFORMATION

K3 Electrical Services 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 76,349
Additions 1,125
Disposals (1,165 )
At 31 March 2024 76,309
DEPRECIATION
At 1 April 2023 70,194
Charge for year 2,381
At 31 March 2024 72,575
NET BOOK VALUE
At 31 March 2024 3,734
At 31 March 2023 6,155

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 51,360 15,988
Other debtors 97 15,211
51,457 31,199

K3 ELECTRICAL SERVICES LIMITED (REGISTERED NUMBER: 04211820)

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


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 7,884 12,488
Trade creditors 17,058 30,405
Taxation and social security 6,404 14,043
Other creditors 9,223 21,718
40,569 78,654

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 13,278 20,357

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mr C Spratt.