26 May 2023 false No description of principal activity Taxfiler 2024.5 14897584business:PrivateLimitedCompanyLtd2023-05-262024-05-31 148975842023-05-25 148975842023-05-262024-05-31 14897584business:AuditExemptWithAccountantsReport2023-05-262024-05-31 14897584business:FilletedAccounts2023-05-262024-05-31 148975842024-05-31 14897584business:Director12023-05-262024-05-31 14897584business:RegisteredOffice2023-05-262024-05-31 14897584core:WithinOneYear2024-05-31 14897584core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 14897584core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 14897584core:PreviouslyStatedAmount2024-05-31 14897584business:SmallEntities2023-05-262024-05-31 14897584countries:EnglandWales2023-05-262024-05-31 iso4217:GBP xbrli:pure
Company Registration No. 14897584 (England and Wales)
Velocity Mep Ltd Unaudited accounts for the period from 26 May 2023 to 31 May 2024
Velocity Mep Ltd Unaudited accounts Contents
Page
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Velocity Mep Ltd Company Information for the period from 26 May 2023 to 31 May 2024
Director
Lewis Horsham
Company Number
14897584 (England and Wales)
Registered Office
6 Manor Road Swanscombe Kent DA10 0EJ England
Accountants
Crittendens Accountants Featherstone House High Street Rochester Kent ME1 1DQ
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Velocity Mep Ltd Statement of financial position as at 31 May 2024
2024 
Notes
£ 
Current assets
Debtors
10,165 
Cash at bank and in hand
1 
10,166 
Creditors: amounts falling due within one year
(5,319)
Net current assets
4,847 
Net assets
4,847 
Capital and reserves
Called up share capital
1 
Profit and loss account
4,846 
Shareholders' funds
4,847 
For the period ending 31 May 2024 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 5 August 2024 and were signed on its behalf by
Lewis Horsham Director Company Registration No. 14897584
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Velocity Mep Ltd Notes to the Accounts for the period from 26 May 2023 to 31 May 2024
1
Statutory information
Velocity Mep Ltd is a private company, limited by shares, registered in England and Wales, registration number 14897584. The registered office is 6 Manor Road, Swanscombe, Kent, DA10 0EJ, 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 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.
4
Debtors
2024 
£ 
Amounts falling due within one year
VAT
80 
Trade debtors
4,485 
Other debtors
5,600 
10,165 
5
Creditors: amounts falling due within one year
2024 
£ 
Trade creditors
74 
Taxes and social security
4,044 
Loans from directors
591 
Accruals
610 
5,319 
6
Average number of employees
During the period the average number of employees was 0.
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