Company Registration No. 14969131 (England and Wales)
Veles Water And Carbon Projects Ltd
Unaudited accounts
for the period from 29 June 2023 to 30 June 2024
Veles Water And Carbon Projects Ltd
Unaudited accounts
Contents
Veles Water And Carbon Projects Ltd
Statement of financial position
as at 30 June 2024
Creditors: amounts falling due within one year
(29,115)
Net current liabilities
(29,105)
Called up share capital
10
Profit and loss account
(29,115)
Shareholders' funds
(29,105)
For the period ending 30 June 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 27 June 2025 and were signed on its behalf by
Lance Reginald Coogan
Director
Company Registration No. 14969131
Veles Water And Carbon Projects Ltd
Notes to the Accounts
for the period from 29 June 2023 to 30 June 2024
Veles Water And Carbon Projects Ltd is a private company, limited by shares, registered in England and Wales, registration number 14969131. The registered office is Lime Tree Work Shop, 11 Lime Tree Walk, Sevenoaks, TN13 1YH, 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.
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.
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.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
The company is a going concern. It embarks on long term projects for which the income arises at completion. The company is funded and supported by long term shareholders.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2024
Bank loans and overdrafts
5
Amounts owed to group undertakings and other participating interests
28,410
Allotted, called up and fully paid:
1,000 Ordinary shares of £0.01 each
10
Veles Water And Carbon Projects Ltd
Notes to the Accounts
for the period from 29 June 2023 to 30 June 2024
7
Transactions with related parties
At the end of the year, the company owed £28,410 to Veles Water Limited where the director Mr Coogan has participating interest.
The company is controlled by the shareholders by virtue of their shareholding.
9
Average number of employees
During the period the average number of employees was 0.