V&K INVEST LTD


Director	KARAGIANNIS, Paraskevi Voula


Registered Address	37 Andace Park Gardens
	Widmore Road
	Bromley
	BR1 3DH


Registered Number	11570885 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		38,801		46,491
Tangible assets	4		6,904		7,717
			45,705		54,208
Current assets
Stocks	5	1,000		1,000
Debtors		2,381		2,773
Cash at bank and on hand		1,800		5,388
		5,181		9,161
Creditors amounts falling due within one year	6	(15,143)		(20,356)
Net current assets (liabilities)			(9,962)		(11,195)
Total assets less current liabilities			35,743		43,013
Creditors amounts falling due after one year	7		(30,259)		(53,639)
Net assets			5,484		(10,626)
Capital and reserves
Called up share capital			100		100
Profit and loss account			5,384		(10,726)
Shareholders' funds			5,484		(10,626)

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 31 December 2025, and are signed on its behalf by:

KARAGIANNIS, Paraskevi Voula
Director
Registered Company No. 11570885

V&K INVEST LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Going concern
	The director has not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years. Other intangible assets are legal expenses associated with other transactions. It is amortised to profit and loss account over its estimated economic life of 10 years.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	25
	Fixtures and fittings	25
	Office Equipment	25

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Intangible assets

	Goodwill	Other	Total
	£	£	£
Cost or valuation
At 01 April 24	71,500	5,400	76,900
At 31 March 25	71,500	5,400	76,900
Amortisation and impairment
At 01 April 24	27,110	3,299	30,409
Charge for year	7,150	540	7,690
At 31 March 25	34,260	3,839	38,099
Net book value
At 31 March 25	37,240	1,561	38,801
At 31 March 24	44,390	2,101	46,491

4.	Tangible fixed assets

	Plant & machinery	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 April 24	18,470	7,901	26,371
Additions	-	1,489	1,489
At 31 March 25	18,470	9,390	27,860
Depreciation and impairment
At 01 April 24	14,127	4,527	18,654
Charge for year	1,086	1,216	2,302
At 31 March 25	15,213	5,743	20,956
Net book value
At 31 March 25	3,257	3,647	6,904
At 31 March 24	4,343	3,374	7,717

5.	Stocks

	2025	2024
	£	£
Other stocks	1,000	1,000
Total	1,000	1,000

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	989	-
Bank borrowings and overdrafts	5,726	10,000
Taxation and social security	8,292	2,925
Finance lease and HP contracts	-	5,672
Other creditors	136	1,759
Total	15,143	20,356

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	2,656	8,924
Other creditors	27,603	44,715
Total	30,259	53,639

8.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	-		5,672

9.	Related party transactions
	A credit balance of £27,603 (2024- £44,715) existed on the director loan account at year end.