Company registration number 06498132 (England and Wales)
VELOCITY INVESTMENTS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023
PAGES FOR FILING WITH REGISTRAR
VELOCITY INVESTMENTS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
VELOCITY INVESTMENTS LIMITED
BALANCE SHEET
AS AT
31 JANUARY 2023
31 January 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Investments
3
100
100
Current assets
Debtors
4
100
100
Net current assets
100
100
Net assets
200
200
Capital and reserves
-
-
Called up share capital
200
200

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 13 October 2023 and are signed on its behalf by:
S J Cundy
Director
Company Registration No. 06498132
VELOCITY INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023
- 2 -
1
Accounting policies
Company information

Velocity Investments Limited is a private company limited by shares incorporated in England and Wales. The registered office is Caunton House, 2 Coombe Road, Moorgreen Industrial Park, Nottingham, United Kingdom, NG16 3SU.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Profit and loss account

The company has not traded during the current or previous year. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.

1.3
Fixed asset investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 

2
Employees

The company had no employees in the year (2022: nil)

3
Fixed asset investments
2023
2022
£
£
Investments in subsidiaries
100
100
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
100
100
VELOCITY INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2023
- 3 -
5
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:

The auditor's report was unqualified.

The senior statutory auditor was Graham Rigby and the auditor was Azets Audit Services.
2023-01-312022-02-01false13 October 2023CCH SoftwareCCH Accounts Production 2023.100No description of principal activityThis audit opinion is unqualifiedS D BinghamS J CundyS J Cundy0064981322022-02-012023-01-31064981322023-01-31064981322022-01-3106498132core:ShareCapital2023-01-3106498132core:ShareCapital2022-01-3106498132bus:Director22022-02-012023-01-3106498132core:WithinOneYear2023-01-3106498132core:WithinOneYear2022-01-3106498132bus:EntityNoLongerTradingButTradedInPast2022-02-012023-01-3106498132bus:PrivateLimitedCompanyLtd2022-02-012023-01-3106498132bus:SmallCompaniesRegimeForAccounts2022-02-012023-01-3106498132bus:FRS1022022-02-012023-01-3106498132bus:Audited2022-02-012023-01-3106498132bus:Director12022-02-012023-01-3106498132bus:CompanySecretary12022-02-012023-01-3106498132bus:FullAccounts2022-02-012023-01-31xbrli:purexbrli:sharesiso4217:GBP