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Company Registration No. 11701428 (England and Wales)
Velos Advisory Limited Unaudited accounts for the year ended 31 December 2024
Velos Advisory Limited Unaudited accounts Contents
Page
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Velos Advisory Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,281 
4,843 
Current assets
Debtors
40,940 
45,899 
Cash at bank and in hand
50,134 
73,481 
91,074 
119,380 
Creditors: amounts falling due within one year
(17,770)
(21,128)
Net current assets
73,304 
98,252 
Net assets
76,585 
103,095 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
76,485 
102,995 
Shareholders' funds
76,585 
103,095 
For the year ending 31 December 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 her 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 26 August 2025 and were signed on its behalf by
Aemilia Varfis Director Company Registration No. 11701428
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Velos Advisory Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Velos Advisory Limited is a private company, limited by shares, registered in England and Wales, registration number 11701428. The registered office is 85 Great Portland Street, Great Portland Street, London, W1W 7LT, 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.
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:
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
396 
9,334 
9,730 
At 31 December 2024
396 
9,334 
9,730 
Depreciation
At 1 January 2024
396 
4,491 
4,887 
Charge for the year
- 
1,562 
1,562 
At 31 December 2024
396 
6,053 
6,449 
Net book value
At 31 December 2024
- 
3,281 
3,281 
At 31 December 2023
- 
4,843 
4,843 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,161 
43,806 
Accrued income and prepayments
30,302 
- 
Other debtors
4,477 
2,093 
40,940 
45,899 
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Velos Advisory Limited Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
5,583 
18,725 
Loans from directors
10,587 
803 
Accruals
1,600 
1,600 
17,770 
21,128 
7
Transactions with related parties
At the year end the year company owed £10,587 (2023 - £803) to the director of the company, in respect of an interest free loan which is repayable on demand.
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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