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Company Registration No. 08894915 (England and Wales)
Knightsbridge Vip Services Ltd Unaudited accounts for the period from 1 January 2021 to 31 March 2022
Knightsbridge Vip Services Ltd Unaudited accounts Contents
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Knightsbridge Vip Services Ltd Company Information for the period from 1 January 2021 to 31 March 2022
Director
Hani Abdulameer Hasan Al-Ameri
Company Number
08894915 (England and Wales)
Registered Office
183 Townmead Road London SW6 2JX United Kingdom
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Knightsbridge Vip Services Ltd Statement of financial position as at 31 March 2022
2022 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,531 
5,376 
Current assets
Debtors
228 
168 
Cash at bank and in hand
4,414 
7,396 
4,642 
7,564 
Creditors: amounts falling due within one year
(42,445)
(42,444)
Net current liabilities
(37,803)
(34,880)
Total assets less current liabilities
(35,272)
(29,504)
Creditors: amounts falling due after more than one year
(200,000)
(200,000)
Net liabilities
(235,272)
(229,504)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(235,372)
(229,604)
Shareholders' funds
(235,272)
(229,504)
For the period ending 31 March 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 14 September 2022 and were signed on its behalf by
Hani Abdulameer Hasan Al-Ameri Director Company Registration No. 08894915
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Knightsbridge Vip Services Ltd Notes to the Accounts for the period from 1 January 2021 to 31 March 2022
1
Statutory information
Knightsbridge Vip Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 08894915. The registered office is 183, Townmead Road, London, SW6 2JX, United Kingdom.
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 period, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% reducing balance
Computer equipment
25% straight line
Going concern
The director believes that notwithstanding current year losses, the company's financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support from the shareholder and creditor will be adequate to meet the company's needs. The director believes that no further disclosures relating to the company's ability to continue as a going concern need to be made in the financial statements. In assessing going concern, the director has paid particular attention to a period of not less than one year from the date of approval of the financial statements.
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Knightsbridge Vip Services Ltd Notes to the Accounts for the period from 1 January 2021 to 31 March 2022
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2021
9,104 
At 31 March 2022
9,104 
Depreciation
At 1 January 2021
3,728 
Charge for the period
2,845 
At 31 March 2022
6,573 
Net book value
At 31 March 2022
2,531 
At 31 December 2020
5,376 
5
Debtors: amounts falling due within one year
2022 
2020 
£ 
£ 
Other debtors
228 
168 
6
Creditors: amounts falling due within one year
2022 
2020 
£ 
£ 
VAT
- 
204 
Trade creditors
120 
120 
Loans from directors
42,325 
42,120 
42,445 
42,444 
7
Creditors: amounts falling due after more than one year
2022 
2020 
£ 
£ 
Other creditors
200,000 
200,000 
8
Transactions with related parties
Included within the creditors is the overall sum of £242,325 (2020: £242,120) owed by the company to the director. This is represented by the director's loans of £42,325 (2020: £42,120) and £200,000 (2020: £200,000) for short-term and long-term respectively.
9
Average number of employees
During the period the average number of employees was 1 (2020: 2).
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