Accounts Submission
Accounts Submission
I&K VIP SERVICE LTD
Company Registration Number:
12222985
(England and Wales)
Unaudited statutory accounts for the year ended 30 September 2020
Period of accounts
Start date: 23 September 2019
End date: 30 September 2020
I&K VIP SERVICE LTD
Contents of the Financial Statements
for the Period Ended 30 September 2020
Company Information - 3 | |
Balance sheet - 4 | |
Additional notes - 6 | |
Balance sheet notes - 9 |
I&K VIP SERVICE LTD
Company Information
for the Period Ended 30 September 2020
Director: |
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Registered office: |
England |
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Company Registration Number: |
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I&K VIP SERVICE LTD
Balance sheet
As at
Notes |
2020 £ |
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Fixed assets | ||
Tangible assets: | 4 |
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Total fixed assets: |
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Current assets | ||
Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 5 |
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Net current assets (liabilities): |
( |
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Total assets less current liabilities: |
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Provision for liabilities: |
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Accruals and deferred income: |
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Total net assets (liabilities): |
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The notes form part of these financial statements
I&K VIP SERVICE LTD
Balance sheet continued
As at 30 September 2020
Notes |
2020 £ |
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Capital and reserves | ||
Called up share capital: |
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Profit and loss account: |
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Shareholders funds: |
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This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
Name:
Status: Director
The notes form part of these financial statements
I&K VIP SERVICE LTD
Notes to the Financial Statements
for the Period Ended 30 September 2020
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1. Accounting policies
Basis of measurement and preparation
These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102 Turnover policy
Sales comprise the fair value of the consideration received or receivable for the sale of goods and rendering of services in the ordinary course of Company’s activities. Sales are presented, net of value-added tax, rebates and discounts Tangible fixed assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 18% NBV
Motor vehicles 8%- 18% NBVIntangible fixed assets amortisation policy
Freehold land is not depreciated.
Depreciation on other items of property, plant and equipment is calculated using the straight-line method to allocate their depreciable amounts over their estimated useful lives as follows:
Useful lives
Leasehold land 60 to 99 years
Buildings 25 to 50 years
Plant and equipment 5 to 15 yearsValuation information and policy
Stock is valued at the lower of cost and net realisable value.
I&K VIP SERVICE LTD
Notes to the Financial Statements
for the Period Ended 30 September 2020
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2. Employees
2020Average number of employees during the period 2
I&K VIP SERVICE LTD
Notes to the Financial Statements
for the Period Ended 30 September 2020
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3. Off balance sheet disclosure
No
I&K VIP SERVICE LTD
Notes to the Financial Statements
for the Period Ended 30 September 2020
4. Tangible assets
Motor vehicles | Total | |
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Cost | £ | £ |
Additions |
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Disposals | - | - |
Revaluations | - | - |
Transfers | - | - |
At 30 September 2020 |
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Depreciation | ||
Charge for year |
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On disposals | - | - |
Other adjustments | - | - |
At 30 September 2020 |
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Net book value | ||
At 30 September 2020 |
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I&K VIP SERVICE LTD
Notes to the Financial Statements
for the Period Ended 30 September 2020
5.Creditors: amounts falling due within one year note
2020 £ |
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Taxation and social security |
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Total |
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