VELVET PIG LTD

Company Registration Number:
13341118 (England and Wales)

Unaudited abridged accounts for the year ended 05 April 2024

Period of accounts

Start date: 06 April 2023

End date: 05 April 2024

VELVET PIG LTD

Contents of the Financial Statements

for the Period Ended 05 April 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

VELVET PIG LTD

Company Information

for the Period Ended 05 April 2024




Director: Alan Parry
Registered office: Flat 7 Clandon House
Boyfield Street
London
England
SE1 0SD
Company Registration Number: 13341118 (England and Wales)

VELVET PIG LTD

Directors' Report Period Ended 05 April 2024

The directors present their report with the financial statements of the company for the period ended 05 April 2024

Principal Activities

Video Production

Directors

The directors shown below have held office during the whole of the period from 06 April 2023 to 05 April 2024
Alan Parry

This report was approved by the board of directors on 8 April 2024
And Signed On Behalf Of The Board By:

Name: Alan Parry
Status: Director

VELVET PIG LTD

Profit and Loss Account

for the Period Ended 05 April 2024


Notes

2024
£
11 months to
5 Apr 2023
£
Gross Profit or (Loss) 68,114 56,105
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 68,549 ) ( 58,488 )
Operating Profit or (Loss) ( 435 ) ( 2,383 )
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax ( 435 ) ( 2,383 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period ( 435 ) ( 2,383 )

The notes form part of these financial statements

VELVET PIG LTD

Balance sheet

As at 05 April 2024


Notes

2024
£
11 months to
5 Apr 2023
£
Fixed assets
Intangible assets: 4 0 0
Tangible assets: 5 5,466 3,733
Total fixed assets: 5,466 3,733
Current assets
Debtors: 11,590 16,380
Cash at bank and in hand: 14,430 1,330
Total current assets: 26,020 17,710
Creditors: amounts falling due within one year: ( 18,817 ) ( 8,340 )
Net current assets (liabilities): 7,203 9,370
Total assets less current liabilities: 12,669 13,103
Total net assets (liabilities): 12,669 13,103

The notes form part of these financial statements

VELVET PIG LTD

Balance sheet continued

As at 05 April 2024


Notes

2024
£
11 months to
5 Apr 2023
£
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 12,659 13,093
Shareholders funds: 12,669 13,103

For the year ending 5 April 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

This report was approved by the board of directors on 8 April 2024
And Signed On Behalf Of The Board By:

Name: Alan Parry
Status: Director

The notes form part of these financial statements

VELVET PIG LTD

Notes to the Financial Statements

for the Period Ended 05 April 2024

  • 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

VELVET PIG LTD

Notes to the Financial Statements

for the Period Ended 05 April 2024

  • 2. Employees


    2024
    11 months to
    5 Apr 2023
    Average number of employees during the period 2 2

VELVET PIG LTD

Notes to the Financial Statements

for the Period Ended 05 April 2024

  • 3. Off balance sheet disclosure

    No

VELVET PIG LTD

Notes to the Financial Statements

for the Period Ended 05 April 2024

  • 4. Intangible assets

    Total
    Cost £
    At 06 April 2023 0
    Additions 0
    Disposals (0)
    Revaluations 0
    Transfers 0
    At 05 April 2024 0
    Amortisation
    Amortisation at 06 April 2023 0
    Charge for year 0
    On disposals (0)
    Other adjustments 0
    Amortisation at 05 April 2024 0
    Net book value
    Net book value at 05 April 2024 0
    Net book value at 05 April 2023 0

VELVET PIG LTD

Notes to the Financial Statements

for the Period Ended 05 April 2024

5. Tangible Assets

Total
Cost £
At 06 April 2023 4,474
Additions 2,462
Disposals -
Revaluations -
Transfers -
At 05 April 2024 6,936
Depreciation
At 06 April 2023 741
Charge for year 729
On disposals -
Other adjustments -
At 05 April 2024 1,470
Net book value
At 05 April 2024 5,466
At 05 April 2023 3,733