3D KITCHENS LIMITED

3D KITCHENS LIMITED

3D KITCHENS LIMITED - Company Information

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3D KITCHENS LIMITED

Company Registration Number:
06853600 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2020

Period of accounts

Start date: 01 April 2020

End date: 30 November 2020

3D KITCHENS LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2020

Balance sheet
Notes

3D KITCHENS LIMITED

Balance sheet

As at 30 November 2020


Notes
30 November 2020
31 March 2020


£
£
Fixed assets
Tangible assets: 3 372,260 284,498
Total fixed assets: 372,260 284,498
Current assets
Stocks: 109,213 109,213
Debtors:   583,201 606,514
Cash at bank and in hand: 75,304 6,871
Total current assets: 767,718 722,598
Net current assets (liabilities): 767,718 722,598
Total assets less current liabilities: 1,139,978 1,007,096
Creditors: amounts falling due after more than one year:   (2,233,436) (1,866,670)
Provision for liabilities: (6,612) (4,441)
Total net assets (liabilities): (1,100,070) (864,015)
Capital and reserves
Called up share capital: 131 131
Share premium account: 29,969 29,969
Profit and loss account: (1,130,170) (894,115)
Shareholders funds: (1,100,070) (864,015)

The notes form part of these financial statements

3D KITCHENS LIMITED

Balance sheet statements

For the year ending 30 November 2020 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 June 2021
and signed on behalf of the board by:

Name: J Evans
Status: Director

The notes form part of these financial statements

3D KITCHENS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:Leasehold 1% on costVehicle 20% wdvFixtures & Fittings 20% on costComputers 10% on cost

Other accounting policies

Going ConcernNotwithstanding the negative reserves, these financial statements have been prepared on the going concern basis. The company will be able to meet its liabilities with the support of loans from directors and associate companies.

3D KITCHENS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2020

2. Employees

30 November 2020 31 March 2020
Average number of employees during the period 22 17

3D KITCHENS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2020

3. Tangible Assets

Total
Cost £
At 01 April 2020 368,784
Additions 104,688
At 30 November 2020 473,472
Depreciation
At 01 April 2020 84,286
Charge for year 16,926
At 30 November 2020 101,212
Net book value
At 30 November 2020 372,260
At 31 March 2020 284,498