REGISTERED NUMBER: 11869897 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

K3 PARTNERS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

K Kimitri

REGISTERED OFFICE:

44 Boulevard

North Somerset

Weston - Super - Mare

BS23 1NF

REGISTERED NUMBER:

11869897 (England and Wales)

ACCOUNTANTS:

Randall Robinson

Chartered Certified Accountants

Office 3.14

85 Gresham Street

London

EC2V 7NQ

FIXED ASSETS

Tangible assets

4

83

124

CURRENT ASSETS

Stocks

4,273

-

Debtors

5

384,202

267,978

Cash at bank

17,480

2,646

405,955

270,624

CREDITORS

Amounts falling due within one year

6

444,106

104,978

NET CURRENT (LIABILITIES)/ASSETS

(38,151

)

165,646

TOTAL ASSETS LESS CURRENT LIABILITIES

(38,068

)

165,770

CREDITORS

Amounts falling due after more than one year

7

(26,322

)

(28,847

)

PROVISIONS FOR LIABILITIES

(48

)

(48

)

NET (LIABILITIES)/ASSETS

(64,438

)

136,875

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(64,439

)

136,874

(64,438

)

136,875

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 October 2025 and were signed by:

K Kimitri - Director

1.	STATUTORY INFORMATION

K3 Partners Ltd 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

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

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.

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 10 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machiner

etc

£

COST

At 1 April 2024

and 31 March 2025

464

DEPRECIATION

At 1 April 2024

340

Charge for year

41

At 31 March 2025

381

NET BOOK VALUE

At 31 March 2025

83

At 31 March 2024

124

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

384,202

267,978

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,555

5,555

Trade creditors

16,996

1,465

Taxation and social security

4,012

-

Other creditors

417,543

97,958

444,106

104,978

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

26,322

28,847

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

K Kimitri

Balance outstanding at start of year

-

66,259

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

9.	RELATED PARTY DISCLOSURES

Pravada

(A partnership between Mr K Kimitri and his wife)

At the balance sheet date, Pravada owed £3,000 from (2023:) to the company. The loan has been discounted over 2 years using an interest rate of 10%.

At the balance sheet date, the following parties owed the company, the following amounts respectively. These loans has been discounted over 2 years using an interest rate of 10%.

Omniblast £8,400 from (2023)

AAP Kingston £20,000 from (2023)

Chris Drinkauld £9,511.41 From (2023)

Luxe Events Ld

A business owned by Mr K Kimitri's wife)

At the balance sheet date, Luxe Events Ltd owed £2,749 (2023 £1,366) to the company. The loan has been discounted over 2 years using an interest rate of 10%.

V&C Kimitri

(A partnership between Mr Kimitri's Mother and Father)

At the balance sheet date, V&C Kimitri owed £15,000 From (2023) to the company. The loan has been discounted over 3 years using an interest rate of 10%

Corrinnium

(A business owned by Mr K Kimitri's wife)

At the balance sheet date, Corinium owed £1,260 From (2023 ) to the company. The loan has been discounted over 2 years using an interest rate of 10%.

Hire 365 Ltd

(A company owned by Mr K Kimitri)

At the balance sheet date, Hire 365 Ltd owed £18,015 (2023: £18,080) to the company. The loan has been discounted over 3 years using an interest rate of 10%.

DCR K33 Limited

(A company owned by Mr K Kimitri)

At the balance sheet date, DCR K33 Limited owed £79,467 From (2023) to the company. The loan has been discounted over 3 years using an interest rate of 10%.

Other Debtors K Kimitri

Directors , At the year end Mr K Kimitri, the director owed the company £62,508.

South Sands Ltd (previously Pro Construction Services Limited)

A company owned by Mr K Kimitri)

At the balance sheet date, South Sands Ltd was owed £30,000 From (2023 ) by K3 Partners Ltd. The loan has been discounted over 3 years using an interest rate of 10%.

KC Advisory Management Ltd

(A company owned by Mr K Kimitri)

At the balance sheet date, K3 Partners Ltd owed £29,000 (2023: £24,000) to KC Advisory Management Ltd. The loan has been discounted over 3 years using an interest rate of 10%.

Grosvenor DCR Ltd

(A company owned by Mr K Kimitri)

At the balance sheet date, Grosvenor DCR Ltd is owed £27,931 (2023: £0.00 by K3 Partners Ltd. The loan has been discounted over 3 years using an interest rate of 10%.