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Company Registration No. 12461604 (England and Wales)
VDK PRIMES LTD Unaudited accounts for the year ended 28 February 2023
VDK PRIMES LTD Unaudited accounts Contents
Page
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VDK PRIMES LTD Company Information for the year ended 28 February 2023
Directors
Venabharani Gudavalli Krishna Chaitanya Nidadavole
Company Number
12461604 (England and Wales)
Registered Office
103 WINCHESTER ROAD BASINGSTOKE HAMPSHIRE RG21 8XR ENGLAND
Accountants
Rapid Accountants Ltd 19 Nichols Road southampton England SO14 0NS
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VDK PRIMES LTD Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
399,269 
- 
Current assets
Cash at bank and in hand
418 
282,710 
Creditors: amounts falling due within one year
(416,775)
(274,776)
Net current (liabilities)/assets
(416,357)
7,934 
Net (liabilities)/assets
(17,088)
7,934 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(17,188)
7,834 
Shareholders' funds
(17,088)
7,934 
For the year ending 28 February 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 23 October 2023 and were signed on its behalf by
Venabharani Gudavalli Director Company Registration No. 12461604
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VDK PRIMES LTD Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
VDK PRIMES LTD is a private company, limited by shares, registered in England and Wales, registration number 12461604. The registered office is 103 WINCHESTER ROAD, BASINGSTOKE, HAMPSHIRE, RG21 8XR, ENGLAND.
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.
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:
Land & buildings
10%
Plant & machinery
20%
Motor vehicles
20%
Fixtures & fittings
20%
Computer equipment
25%
Other tangible fixed assets
20%
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 March 2022
- 
Additions
399,269 
At 28 February 2023
399,269 
Depreciation
At 28 February 2023
- 
Net book value
At 28 February 2023
399,269 
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VDK PRIMES LTD Notes to the Accounts for the year ended 28 February 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
- 
1 
Taxes and social security
- 
1,837 
Loans from directors
416,075 
272,338 
Accruals
700 
600 
416,775 
274,776 
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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