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Company Registration No. 11131004 (England and Wales)
VIRK MEDIA GROUP LTD Unaudited accounts for the year ended 31 January 2022
VIRK MEDIA GROUP LTD Unaudited accounts Contents
Page
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VIRK MEDIA GROUP LTD Company Information for the year ended 31 January 2022
Director
Gurpreet Virk
Company Number
11131004 (England and Wales)
Registered Office
20 WILLOW GARDENS BIRMINGHAM B16 0BD ENGLAND
Accountants
Richard McIntosh 5 South Charlotte Street Edinburgh EH2 4AN
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VIRK MEDIA GROUP LTD Statement of financial position as at 31 January 2022
2022 
2021 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
(2)
165 
Creditors: amounts falling due within one year
(9,907)
(9,567)
Net current liabilities
(9,909)
(9,402)
Net liabilities
(9,909)
(9,402)
Capital and reserves
Called up share capital
5 
5 
Profit and loss account
(9,914)
(9,407)
Shareholders' funds
(9,909)
(9,402)
For the year ending 31 January 2022 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 August 2022 and were signed on its behalf by
Gurpreet Virk Director Company Registration No. 11131004
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VIRK MEDIA GROUP LTD Notes to the Accounts for the year ended 31 January 2022
1
Statutory information
VIRK MEDIA GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 11131004. The registered office is 20 WILLOW GARDENS, BIRMINGHAM, B16 0BD, ENGLAND. The company is in the process of being wound up.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Loans from directors
9,764 
9,309 
Accruals
143 
258 
9,907 
9,567 
5
Average number of employees
During the year the average number of employees was 1 (2021: 1).
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