Company Registration No. 07012143 (England and Wales)
VKG Consulting Ltd
Unaudited accounts
for the year ended 30 April 2018
VKG Consulting Ltd
Unaudited accounts
Contents
VKG Consulting Ltd
Company Information
for the year ended 30 April 2018
Company Number
07012143 (England and Wales)
Registered Office
Lower House
Mitchel Troy
Monmouth
Monmouthshire
NP25 4BL
Accountants
XAU Accountancy
41 Brynglas
Hollybush
Cwmbran
Torfaen
NP44 7LH
VKG Consulting Ltd
Statement of financial position
as at 30 April 2018
Tangible assets
16,654
21,565
Cash at bank and in hand
8,204
8,296
Creditors: amounts falling due within one year
(30,199)
(48,569)
Net current liabilities
(15,738)
(21,333)
Called up share capital
1,000
1,000
Profit and loss account
(84)
(768)
Shareholders' funds
916
232
For the year ending 30 April 2018 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.
Approved by the Board on 10 January 2019.
James Wright
Director
Company Registration No. 07012143
VKG Consulting Ltd
Notes to the Accounts
for the year ended 30 April 2018
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.
These financial statements for the year ended 30 April 2018 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2016.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 2017
47,230
3,079
50,309
At 30 April 2018
47,230
3,079
50,309
At 1 May 2017
25,852
2,892
28,744
Charge for the year
4,724
187
4,911
At 30 April 2018
30,576
3,079
33,655
At 30 April 2018
16,654
-
16,654
At 30 April 2017
21,378
187
21,565
VKG Consulting Ltd
Notes to the Accounts
for the year ended 30 April 2018
Accrued income and prepayments
-
624
6
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
24,452
47,369
Loans from directors
788
-
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
5,585
-
6,373
(788)
During the year the director entered into the above advances and credits with the company.
8
Average number of employees
During the year the average number of employees was 1 (2017: 2).
