Acorah Software Products - Accounts Production 16.1.200 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 08014572 Dr V Kakar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08014572 2023-04-30 08014572 2024-04-30 08014572 2023-05-01 2024-04-30 08014572 frs-core:ShareCapital 2024-04-30 08014572 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 08014572 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08014572 frs-bus:AbridgedAccounts 2023-05-01 2024-04-30 08014572 frs-bus:SmallEntities 2023-05-01 2024-04-30 08014572 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08014572 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08014572 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-04-30 08014572 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-04-30 08014572 frs-bus:Director1 2023-05-01 2024-04-30 08014572 frs-countries:EnglandWales 2023-05-01 2024-04-30 08014572 2022-04-30 08014572 2023-04-30 08014572 2022-05-01 2023-04-30 08014572 frs-core:ShareCapital 2023-04-30 08014572 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 08014572 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-04-30
Registered number: 08014572
VK Residential And Consultancy Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 April 2024
Alexander Myerson & Co Limited
Alexander House
61 Rodney Street
Liverpool
Merseyside
L1 9ER
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 08014572
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,397,200 1,397,200
1,397,200 1,397,200
CURRENT ASSETS
Debtors 1,172 660
Cash at bank and in hand 73,766 36,877
74,938 37,537
Creditors: Amounts Falling Due Within One Year (764,700 ) (769,237 )
NET CURRENT ASSETS (LIABILITIES) (689,762 ) (731,700 )
TOTAL ASSETS LESS CURRENT LIABILITIES 707,438 665,500
PROVISIONS FOR LIABILITIES
Deferred Taxation (75,161 ) (75,161 )
NET ASSETS 632,277 590,339
CAPITAL AND RESERVES
Called up share capital 5 100 100
Fair value reserve 6 343,274 343,274
Profit and Loss Account 288,903 246,965
SHAREHOLDERS' FUNDS 632,277 590,339
Page 1
Page 2
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 April 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Dr V Kakar
Director
21 January 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
VK Residential And Consultancy Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08014572 . The registered office is 61 Rodney Street, Alexander House, Liverpool, L1 9ER.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Investment Properties
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investment Property
2024
£
Fair Value
As at 1 May 2023 and 30 April 2024 1,397,200
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3
Page 4
6. Reserves
Fair Value Reserve
£
As at 1 May 2023 343,274
As at 30 April 2024 343,274
Page 4