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Company Registration No. 06929613 (England and Wales)
The Velvet Room (UK) Ltd Unaudited accounts for the year ended 31 March 2025
The Velvet Room (UK) Ltd Unaudited accounts Contents
Page
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The Velvet Room (UK) Ltd Company Information for the year ended 31 March 2025
Directors
Andrew Johnson Sinead Kelly
Company Number
06929613 (England and Wales)
Registered Office
58 White Hart Lane Barnes London SW13 0PZ
Accountants
CP Finance Unit 11, Worton Court Worton Hall Ind Estate Worton Road Isleworth Middlesex TW7 6ER
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The Velvet Room (UK) Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,788 
2,384 
Current assets
Inventories
4,465 
5,967 
Debtors
90,218 
535 
Cash at bank and in hand
21,732 
125,554 
116,415 
132,056 
Creditors: amounts falling due within one year
(103,808)
(87,905)
Net current assets
12,607 
44,151 
Net assets
14,395 
46,535 
Capital and reserves
Called up share capital
20 
20 
Profit and loss account
14,375 
46,515 
Shareholders' funds
14,395 
46,535 
For the year ending 31 March 2025 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 18 June 2025 and were signed on its behalf by
Sinead Kelly Director Company Registration No. 06929613
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The Velvet Room (UK) Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
The Velvet Room (UK) Ltd is a private company, limited by shares, registered in England and Wales, registration number 06929613. The registered office is 58 White Hart Lane, Barnes, London, SW13 0PZ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
Not depreciated
Fixtures & fittings
25% reducuing balance
Computer equipment
50% straight line
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
54,595 
4,761 
59,356 
At 31 March 2025
54,595 
4,761 
59,356 
Depreciation
At 1 April 2024
52,211 
4,761 
56,972 
Charge for the year
596 
- 
596 
At 31 March 2025
52,807 
4,761 
57,568 
Net book value
At 31 March 2025
1,788 
- 
1,788 
At 31 March 2024
2,384 
- 
2,384 
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The Velvet Room (UK) Ltd Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
535 
Amounts due from group undertakings etc.
68,500 
- 
Accrued income and prepayments
21,718 
- 
90,218 
535 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
11,483 
26,592 
Taxes and social security
23,439 
42,932 
Other creditors
68,386 
15,372 
Loans from directors
- 
2,509 
Accruals
500 
500 
103,808 
87,905 
7
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
20 Ordinary shares of £1 each
20 
20 
8
Transactions with related parties
During the year the company paid rent of £24,100 (2024 : £24,100) to a pension fund of the directors which own the property the company trades out of. During the year the company paid £98,500 (2024 : £320,000) in dividends to the holding company. At the year end the company had lent £68,500 (2024 : £nil) to the parent company.
9
Controlling party
The parent undertaking is Fifteen 10 Limited whose registered office is Marston House, 5 Elmdon Lane, Marston Green, Solihull. B37 7DL.
10
Average number of employees
During the year the average number of employees was 9 (2024: 11).
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