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
VELTA V Ltd
Company Information
for the period from 1 August 2023 to 31 August 2023
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
VELTA V Ltd
Statement of financial position
as at 31 August 2023
Cash at bank and in hand
1,655
2,187
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)
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
VELTA V Ltd
Notes to the Accounts
for the period from 1 August 2023 to 31 August 2023
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.
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.
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:
Computer equipment
18% NBV
4
Tangible fixed assets
Computer equipment
5
Debtors
31/08/2023
31/07/2023
Amounts falling due within one year
Amounts due from group undertakings etc.
3,149
2,401
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
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).