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REGISTERED NUMBER: 06273364 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

VK DESIGN LIMITED

VK DESIGN LIMITED (REGISTERED NUMBER: 06273364)

Contents of the Financial Statements
FOR THE YEAR ENDED 30 June 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


VK DESIGN LIMITED

Company Information
FOR THE YEAR ENDED 30 June 2023







DIRECTOR: Mr V Kumar





REGISTERED OFFICE: 3 Greenock Crescent
Wolverhampton
West Midlands
WV4 6BH





REGISTERED NUMBER: 06273364 (England and Wales)





ACCOUNTANTS: JSA Services Limited
4th Floor
Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP

VK DESIGN LIMITED (REGISTERED NUMBER: 06273364)

Abridged Balance Sheet
30 June 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 5 142 994

CURRENT ASSETS
Debtors 108,000 110,309
Cash at bank 11,652 12,901
119,652 123,210
CREDITORS
Amounts falling due within one year (4,677 ) (18,436 )
NET CURRENT ASSETS 114,975 104,774
TOTAL ASSETS LESS CURRENT
LIABILITIES

115,117

105,768

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 115,017 105,668
SHAREHOLDERS' FUNDS 115,117 105,768

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 June 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 6 February 2024 and were signed by:



Mr V Kumar - Director


VK DESIGN LIMITED (REGISTERED NUMBER: 06273364)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 June 2023


1. STATUTORY INFORMATION

VK Design Limited 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2022 12,652
Additions 213
At 30 June 2023 12,865
DEPRECIATION
At 1 July 2022 11,658
Charge for year 1,065
At 30 June 2023 12,723
NET BOOK VALUE
At 30 June 2023 142
At 30 June 2022 994

VK DESIGN LIMITED (REGISTERED NUMBER: 06273364)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 June 2023


6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2023 and 30 June 2022:

2023 2022
£    £   
Mr V Kumar
Balance outstanding at start of year (2,969 ) (982 )
Amounts advanced 4,548 10,378
Amounts repaid (3,431 ) (12,365 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,852 ) (2,969 )

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr V Kumar.