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REGISTERED NUMBER: 09806416















Unaudited Financial Statements for the Year Ended 31 July 2024

for

VELOCITY 400 LIMITED

VELOCITY 400 LIMITED (REGISTERED NUMBER: 09806416)

Contents of the Financial Statements
for the Year Ended 31 July 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


VELOCITY 400 LIMITED

Company Information
for the Year Ended 31 July 2024







DIRECTORS: C A Teigh
R A Harris
K V Di Lorenzo
M Blaney
R Sanders
A Laure





REGISTERED OFFICE: 5th Floor, Pinnacle House
23-26 St Dunstans Hill
London
London
EC3R 8HN





REGISTERED NUMBER: 09806416

VELOCITY 400 LIMITED (REGISTERED NUMBER: 09806416)

Balance Sheet
31 July 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Cash at bank 19,509 24,266

CREDITORS
Amounts falling due within one year 4 6,947 10,358
NET CURRENT ASSETS 12,562 13,908
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,562

13,908

RESERVES
Income and expenditure account 5 12,562 13,908
MEMBERS' FUNDS 12,562 13,908

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 November 2024 and were signed on its behalf by:





C A Teigh - Director


VELOCITY 400 LIMITED (REGISTERED NUMBER: 09806416)

Notes to the Financial Statements
for the Year Ended 31 July 2024


1. STATUTORY INFORMATION

Velocity 400 Limited is a private company, limited by guarantee , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 929 3,370
Taxation and social security 6,018 6,988
6,947 10,358

5. RESERVES
Income
and
expenditure
account
£   

At 1 August 2023 13,908
Deficit for the year (1,346 )
At 31 July 2024 12,562

VELOCITY 400 LIMITED (REGISTERED NUMBER: 09806416)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


6. LIMITED BY GUARANTEE

The liability of each member is limited to £1, being the amount that each member undertakes to contribute to the assets of the Company in the event of its being wound up which he is a member or within one year after he ceases to be a member.