1 January 2023 v2024.43.2 micro_entity_frs_105_v1_1_1 filingSoftwarefalsetruetruetruefalseNo description of principal activitytruexbrli:purexbrli:sharesiso4217:GBP082598652023-01-012023-12-31082598652023-12-31082598652022-12-3108259865core:WithinOneYear2023-12-3108259865core:WithinOneYear2022-12-3108259865bus:RegisteredOffice2023-01-012023-12-31082598652022-01-012022-12-3108259865bus:Director12023-01-012023-12-310825986512023-01-012023-12-3108259865countries:EnglandWales2023-01-012023-12-3108259865bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3108259865bus:PrivateLimitedCompanyLtd2023-01-012023-12-3108259865bus:Micro-entities2023-01-012023-12-3108259865bus:FullAccounts2023-01-012023-12-31
Company registration number:
08259865
Velvet Twenty Limited
Unaudited Filleted Financial Statements for the year ended
31 December 2023
Velvet Twenty Limited
Statement of Financial Position
31 December 2023
20232022
££
Fixed assets
878
 
1,163
 
   
Current assets
105,152
 
55,433
 
Creditors: amounts falling due within one year
(24,978
)
(19,245
)
Net current assets
80,174
 
36,188
 
Total assets less current liabilities
81,052
 
37,351
 
   
Capital and reserves
81,052
 
37,351
 

Notes to the Financial Statements

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
38 Selkirk Road
,
Twickenham
,
TW2 6PX
, England.
The presentation currency is £ sterling.
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.

2 Average number of employees

The average number of persons employed by the company during the year was
1
(2022:
1
).
For the year ending
31 December 2023
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
14 June 2024
, and are signed on behalf of the board by:
Miss P Robins
Director
Company registration number:
08259865