VKG Consulting Ltd


1 May 2019falseNo description of principal activityTaxfiler2020.1507012143business:PrivateLimitedCompanyLtd2019-05-012020-04-30070121432019-04-30070121432019-05-012020-04-3007012143business:AuditExemptWithAccountantsReport2019-05-012020-04-3007012143business:FullAccounts2019-05-012020-04-30070121432020-04-3007012143business:Director12019-05-012020-04-3007012143business:RegisteredOffice2019-05-012020-04-30070121432019-04-3007012143core:WithinOneYear2020-04-3007012143core:WithinOneYear2019-04-3007012143core:ShareCapital2020-04-3007012143core:ShareCapital2019-04-3007012143core:RetainedEarningsAccumulatedLosses2020-04-3007012143core:RetainedEarningsAccumulatedLosses2019-04-3007012143business:SmallEntities2019-05-012020-04-3007012143countries:EnglandWales2019-05-012020-04-3007012143core:PlantMachinery2019-04-3007012143core:FurnitureFittings2019-04-3007012143core:PlantMachinery2020-04-3007012143core:FurnitureFittings2020-04-3007012143core:PlantMachinery2019-05-012020-04-3007012143core:FurnitureFittings2019-05-012020-04-30070121432018-05-012019-04-30iso4217:GBPxbrli:pure
Company Registration No. 07012143 (England and Wales)
VKG Consulting LtdUnaudited accounts for the year ended 30 April 2020
VKG Consulting LtdUnaudited accounts Contents
Page
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VKG Consulting Ltd Company Information for the year ended 30 April 2020
Director
James Wright
Company Number
07012143 (England and Wales)
Registered Office
Lower HouseMitchel TroyMonmouthMonmouthshireNP25 4BL
Accountants
XAU Accountancy 41 Brynglas Hollybush Cwmbran Torfaen NP44 7LH
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VKG Consulting Ltd Statement of financial position as at 30 April 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,209 
11,930 
Current assets
Debtors
- 
17,400 
Investments
40,053 
- 
Cash at bank and in hand
15,758 
6,545 
55,811 
23,945 
Creditors: amounts falling due within one year
(58,179)
(34,674)
Net current liabilities
(2,368)
(10,729)
Net assets
4,841 
1,201 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
3,841 
201 
Shareholders' funds
4,841 
1,201 
For the year ending 30 April 2020 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 25 November 2020 and were signed on its behalf by
James Wright Director Company Registration No. 07012143
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VKG Consulting Ltd Notes to the Accounts for the year ended 30 April 2020
1
Statutory information
VKG Consulting Ltd is a private company, limited by shares, registered in England and Wales, registration number 07012143. The registered office is Lower House, Mitchel Troy, Monmouth, Monmouthshire, NP25 4BL.
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 year, 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.
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:
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2019
47,230 
3,079 
50,309 
At 30 April 2020
47,230 
3,079 
50,309 
Depreciation
At 1 May 2019
35,300 
3,079 
38,379 
Charge for the year
4,721 
- 
4,721 
At 30 April 2020
40,021 
3,079 
43,100 
Net book value
At 30 April 2020
7,209 
- 
7,209 
At 30 April 2019
11,930 
- 
11,930 
5
Debtors
2020 
2019 
£ 
£ 
Trade debtors
- 
17,400 
6
Investments held as current assets
2020 
2019 
£ 
£ 
Unlisted investments
40,053 
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VKG Consulting Ltd Notes to the Accounts for the year ended 30 April 2020
7
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Taxes and social security
47,780 
33,994 
Loans from directors
3,876 
80 
Accruals
6,523 
600 
58,179 
34,674 
8
Average number of employees
During the year the average number of employees was 2 (2019: 1).
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