Vikash Patel Ltd - Accounts

Vikash Patel Ltd
Statement of Financial Position
As at 31 March 2026

	2026		2025
	£	£	£	£
Fixed assets		673		898
Current assets	3,164		3,113
Creditors: amount falling due within one year	(3,689)		(3,332)
Net current assets		(525)		(219)
Total assets less current liabilities		148		679
Provisions for liabilities		(128)		(171)
Net assets		20		508


Capital and reserves		20		508

NOTES TO THE ACCOUNTS

General Information

Vikash Patel Ltd is a private company, limited by shares, registered in England and Wales, registration number 08965025, registration address 19 Mackintosh Avenue, Horsforth , Leeds, West Yorkshire, LS18 4FR.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

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

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The director believes that the company is well placed to manage its business risks successfully. Accordingly, he has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus he continues to adopt the going concern basis of accounting in preparing the financial statements.

2.	Average number of employees Average number of employees during the year was 1 (2025 : 1).

Directors' Loan Account

At 31 March 2026, the directors' loan account of -£170 (2025: £48) is unsecured, repayable on demand and interest free.

During the year, the director incurred the following transactions:

Directors' Loan Account		Balance B/F £		Advances £		Credits £		Balance C/F £
V S Patel		48		(31,900)		31,682		(170)

For the year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.

The financial statements were approved by the director on 09 October 2026 and were signed by:

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V S Patel
Director