Company Registration No. NI613695 (Northern Ireland)
Vela Consulting Ltd
Unaudited accounts
for the year ended 31 July 2024
Vela Consulting Ltd
Unaudited accounts
Contents
Vela Consulting Ltd
Company Information
for the year ended 31 July 2024
Directors
Francis Ezidi
Anthonia Ezidi
Company Number
NI613695 (Northern Ireland)
Registered Office
1 Church Street
Fintona
Tyrone
BT78 2BR
Northern Ireland
Accountants
A D Pottie & Co Ltd
1 Church Street
Fintona
Tyrone
BT78 2BR
Vela Consulting Ltd
Statement of financial position
as at 31 July 2024
Tangible assets
2,126
3,748
Cash at bank and in hand
717
717
Creditors: amounts falling due within one year
(61,775)
(54,806)
Net current assets
2,053
136
Called up share capital
100
100
Profit and loss account
4,079
3,784
Shareholders' funds
4,179
3,884
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 20 March 2025 and were signed on its behalf by
Francis Ezidi
Director
Company Registration No. NI613695
Vela Consulting Ltd
Notes to the Accounts
for the year ended 31 July 2024
Vela Consulting Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI613695. The registered office is 1 Church Street, Fintona, Tyrone, BT78 2BR, Northern Ireland.
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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 year, 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:
Plant & machinery
25% Straight Line
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Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Other debtors
63,111
54,225
Vela Consulting Ltd
Notes to the Accounts
for the year ended 31 July 2024
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
4,467
3,588
Taxes and social security
40,909
37,535
Other creditors
15,925
13,683
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Average number of employees
During the year the average number of employees was 2 (2023: 2).