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Company Registration No. 10308528 (England and Wales)
VLKN LIMITED Unaudited accounts for the period from 1 August 2024 to 30 September 2025
VLKN LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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VLKN LIMITED Company Information for the period from 1 August 2024 to 30 September 2025
Director
Mr V Aslan
Company Number
10308528 (England and Wales)
Registered Office
24 Aldermans Hill London N13 4PN United Kingdom
Accountants
DNG Associates 214 Baker Street Enfield London EN1 3JT
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VLKN LIMITED Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
27,401
39,307
Current assets
Inventories
46,370
40,950
Cash at bank and in hand
(6,980)
(8,361)
39,390
32,589
Creditors: amounts falling due within one year
5
(40,961)
(21,293)
Net current (liabilities)/assets
(1,571)
11,296
Total assets less current liabilities
25,830
50,603
Creditors: amounts falling due after more than one year
6
(12,341)
(33,248)
Net assets
13,489
17,355
Capital and reserves
Called up share capital
7
1,000
1,000
Profit and loss account
12,489
16,355
Shareholders' funds
13,489
17,355
For the period ending 30 September 2025 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 6 April 2026 and were signed on its behalf by
Mr V Aslan Director Company Registration No. 10308528
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VLKN LIMITED Notes to the Accounts for the period from 1 August 2024 to 30 September 2025
1
Statutory information
VLKN LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10308528. The registered office is 24 Aldermans Hill, London, N13 4PN, 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:
Plant & machinery
33% - reducing balance method
Motor vehicles
33% - reducing balance method
Fixtures & fittings
18% - reducing balance method
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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VLKN LIMITED Notes to the Accounts for the period from 1 August 2024 to 30 September 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 August 2024
20,423
35,217
13,841
69,481
At 30 September 2025
20,423
35,217
13,841
69,481
Depreciation
At 1 August 2024
15,323
8,804
6,047
30,174
Charge for the period
1,700
8,803
1,403
11,906
At 30 September 2025
17,023
17,607
7,450
42,080
Net book value
At 30 September 2025
3,400
17,610
6,391
27,401
At 31 July 2024
5,100
26,413
7,794
39,307
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
7,828
10,000
VAT
2,394
3,296
Trade creditors
6,934
870
Taxes and social security
6,261
1,802
Other creditors
17,544
5,325
40,961
21,293
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
9,167
Obligations under finance leases and hire purchase contracts
12,341
24,081
12,341
33,248
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
8
Transactions with related parties
Included within other creditors is an amount of £17,365 (2024: £5,145) due to the director of the company. There are no terms as to interest or repayment in respect of this balance.
9
Average number of employees
During the period the average number of employees was 3 (2024: 3).
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