2023-09-01 2024-08-31 false Capium Accounts Production 1.1 05541361 2023-09-01 2024-08-31 05541361 bus:FullAccounts 2023-09-01 2024-08-31 05541361 bus:FRS102 2023-09-01 2024-08-31 05541361 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 05541361 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 05541361 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 05541361 2023-09-01 2024-08-31 05541361 2024-08-31 05541361 bus:RegisteredOffice 2023-09-01 2024-08-31 05541361 core:WithinOneYear 2024-08-31 05541361 core:AfterOneYear 2024-08-31 05541361 1 2023-09-01 2024-08-31 05541361 bus:Director1 2023-09-01 2024-08-31 05541361 bus:Director1 2024-08-31 05541361 bus:Director1 2022-09-01 2023-08-31 05541361 2022-09-01 05541361 bus:LeadAgentIfApplicable 2023-09-01 2024-08-31 05541361 2022-09-01 2023-08-31 05541361 2023-08-31 05541361 core:WithinOneYear 2023-08-31 05541361 core:AfterOneYear 2023-08-31 05541361 bus:EntityAccountantsOrAuditors 2022-09-01 2023-08-31 05541361 bus:OrdinaryShareClass1 2023-09-01 2024-08-31 05541361 bus:OrdinaryShareClass1 2024-08-31 05541361 bus:OrdinaryShareClass1 2022-09-01 2023-08-31 05541361 bus:OrdinaryShareClass1 2023-08-31 05541361 core:FurnitureFittings 2023-09-01 2024-08-31 05541361 core:FurnitureFittings 2024-08-31 05541361 core:FurnitureFittings 2023-08-31 05541361 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-08-31 05541361 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-08-31 05541361 core:CostValuation core:Non-currentFinancialInstruments 2024-08-31 05541361 core:CostValuation core:Non-currentFinancialInstruments 2023-08-31 05541361 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-08-31 05541361 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-08-31 05541361 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-08-31 05541361 core:Non-currentFinancialInstruments 2024-08-31 05541361 core:Non-currentFinancialInstruments 2023-08-31 05541361 core:ShareCapital 2024-08-31 05541361 core:ShareCapital 2023-08-31 05541361 core:RetainedEarningsAccumulatedLosses 2024-08-31 05541361 core:RetainedEarningsAccumulatedLosses 2023-08-31 05541361 dpl:Item1 2023-09-01 05541361 dpl:Item1 2024-08-31 05541361 dpl:Item1 2022-09-01 05541361 dpl:Item1 2023-08-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 05541361
England and Wales

 

 

 

VELENSKI & CO LIMITED


Unaudited Financial Statements
 


Period of accounts

Start date: 01 September 2023

End date: 31 August 2024
Director Ramon Lipton
Registered Number 05541361
Registered Office 21 Arnold Gardens
Palmers Green
London
N13 5JE
Accountants Lane Cavendish Ltd
Chartered Certified Accountants
21 Arnold Gardens
Palmers Green, London
N13 5JE
1
Report to the directors on the preparation of the unaudited statutory accounts of Velenski & Co Limited for the year ended 31 August 2024
In order to assist you to fulfill your duties under the Companies Act 2006, we have prepared for your approval the accounts of Velenski & Co Limited for the year ended 31 August 2024 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/
This report is made solely to the Board of Directors of Velenski & Co Limited, as a body, in accordance with the terms of our engagement letter dated 06 March 2023 Our work has been undertaken solely to prepare for your approval the accounts of Velenski & Co Limited and state those matters that we have agreed to state to the Board of Directors of Velenski & Co Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Velenski & Co Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Velenski & Co Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Velenski & Co Limited. You consider that Velenski & Co Limited is exempt from the statutory audit requirement for the year
We have not been instructed to carry out an audit or a review of the accounts of Velenski & Co Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts
31 August 2024



....................................................
Lane Cavendish Ltd
Chartered Certified Accountants
21 Arnold Gardens
Palmers Green, London
N13 5JE
06 March 2025
2
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 1,641    2,188 
1,641    2,188 
Current assets      
Debtors 4 188    8,850 
Cash at bank and in hand 165,422    25,847 
165,610    34,697 
Creditors: amount falling due within one year 5 (111,907)   (12,960)
Net current assets 53,703    21,737 
 
Total assets less current liabilities 55,344    23,925 
Net assets 55,344    23,925 
 

Capital and reserves
     
Called up share capital 6 100    100 
Profit and loss account 55,244    23,825 
Shareholders' funds 55,344    23,925 
 


For the year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 06 March 2025 and were signed by:


-------------------------------
Ramon Lipton
Director
3
General Information
Velenski & Co Limited is a private company, limited by shares, registered in England and Wales, registration number 05541361, registration address 21 Arnold Gardens, Palmers Green, London, N13 5JE.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery etc 25% reducing balance
2.

Average number of employees

Average number of employees during the year was 2 (2023 : 2).
3.

Tangible fixed assets

Cost or valuation Plant and machinery etc   Total
  £   £
At 01 September 2023 8,932    8,932 
Additions  
Disposals  
At 31 August 2024 8,932    8,932 
Depreciation
At 01 September 2023 6,744    6,744 
Charge for year 547    547 
On disposals  
At 31 August 2024 7,291    7,291 
Net book values
Closing balance as at 31 August 2024 1,641    1,641 
Opening balance as at 01 September 2023 2,188    2,188 


4.

Debtors: amounts falling due within one year

2024
£
  2023
£
Trade Debtors   8,850 
Other Debtors 188   
188    8,850 

5.

Creditors: amount falling due within one year

2024
£
  2023
£
Trade Creditors 3,096   
Taxation and Social Security 33,477    7,626 
Other Creditors 75,334    5,334 
111,907    12,960 

6.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
100 Ordinary shares of £1.00 each 100    100 
100    100 

4