1 August 2023 false No description of principal activity Taxfiler 2023.9.1 14241544business:PrivateLimitedCompanyLtd2023-08-012023-08-31 142415442023-07-31 142415442023-08-012023-08-31 14241544business:AuditExemptWithAccountantsReport2023-08-012023-08-31 14241544business:FilletedAccounts2023-08-012023-08-31 142415442023-08-31 14241544business:Director12023-08-012023-08-31 14241544business:RegisteredOffice2023-08-012023-08-31 142415442023-07-31 14241544core:WithinOneYear2023-08-31 14241544core:WithinOneYear2023-07-31 14241544core:AfterOneYear2023-08-31 14241544core:AfterOneYear2023-07-31 14241544core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 14241544core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 14241544core:PreviouslyStatedAmount2023-08-31 14241544core:PreviouslyStatedAmount2023-07-31 14241544business:SmallEntities2023-08-012023-08-31 14241544countries:EnglandWales2023-08-012023-08-31 14241544core:ComputerEquipment2023-08-012023-08-31 14241544core:ComputerEquipment2023-07-31 14241544core:ComputerEquipment2023-08-31 142415442022-08-012023-07-31 iso4217:GBP xbrli:pure
Company Registration No. 14241544 (England and Wales)
VELTA V Ltd Unaudited accounts for the period from 1 August 2023 to 31 August 2023
VELTA V Ltd Unaudited accounts Contents
Page
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VELTA V Ltd Company Information for the period from 1 August 2023 to 31 August 2023
Director
Veliko Tanev
Company Number
14241544 (England and Wales)
Registered Office
90 LYNDHURST ROAD LONDON N22 5AT ENGLAND
Accountants
DN Accurate Accountants Ltd Office 555 58 Peregrine Road Ilford Essex IG6 3SZ
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VELTA V Ltd Statement of financial position as at 31 August 2023
31/08/2023 
31/07/2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
942 
957 
Current assets
Debtors
3,149 
2,401 
Cash at bank and in hand
1,655 
2,187 
4,804 
4,588 
Creditors: amounts falling due within one year
(1,711)
(1,582)
Net current assets
3,093 
3,006 
Total assets less current liabilities
4,035 
3,963 
Creditors: amounts falling due after more than one year
(1,000)
(1,480)
Net assets
3,035 
2,483 
Capital and reserves
Profit and loss account
3,035 
2,483 
Shareholders' funds
3,035 
2,483 
For the period ending 31 August 2023 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 23 October 2023 and were signed on its behalf by
Veliko Tanev Director Company Registration No. 14241544
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VELTA V Ltd Notes to the Accounts for the period from 1 August 2023 to 31 August 2023
1
Statutory information
VELTA V Ltd is a private company, limited by shares, registered in England and Wales, registration number 14241544. The registered office is 90 LYNDHURST ROAD, LONDON, N22 5AT, ENGLAND.
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 period, 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:
Computer equipment
18% NBV
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 August 2023
1,168 
At 31 August 2023
1,168 
Depreciation
At 1 August 2023
211 
Charge for the period
15 
At 31 August 2023
226 
Net book value
At 31 August 2023
942 
At 31 July 2023
957 
5
Debtors
31/08/2023 
31/07/2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
3,149 
2,401 
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VELTA V Ltd Notes to the Accounts for the period from 1 August 2023 to 31 August 2023
6
Creditors: amounts falling due within one year
31/08/2023 
31/07/2023 
£ 
£ 
Trade creditors
1,000 
1,000 
Taxes and social security
711 
582 
1,711 
1,582 
7
Creditors: amounts falling due after more than one year
31/08/2023 
31/07/2023 
£ 
£ 
Loans from directors
1,000 
1,480 
8
Average number of employees
During the period the average number of employees was 1 (31/07/2023: 1).
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