REGISTERED NUMBER: 10198602 (England and Wales)

Financial Statements for the Period 1 June 2024 to 30 June 2025

for

Veloce Repairs Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr. Muhmmad Ajmal Ali

REGISTERED OFFICE:

Bridge House

9-13 Holbrook Lane

Coventry

West Midlands

CV6 4AD

REGISTERED NUMBER:

10198602 (England and Wales)

ACCOUNTANTS:

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

FIXED ASSETS

Property, plant and equipment

4

9,375

-

CURRENT ASSETS

Debtors

5

9,602

-

Cash at bank and in hand

715

1,333

10,317

1,333

CREDITORS

Amounts falling due within one year

6

17,364

1,289

NET CURRENT (LIABILITIES)/ASSETS

(7,047

)

44

TOTAL ASSETS LESS CURRENT LIABILITIES

2,328

44

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

2,327

43

SHAREHOLDERS' FUNDS

2,328

44

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 profit or loss 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 director and authorised for issue on 31 October 2025 and were signed by:

Mr. Muhmmad Ajmal Ali - Director

1.	STATUTORY INFORMATION

Veloce Repairs Ltd is a private company, limited by shares , registered in England and Wales. 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 represents gross income of invoiced goods and services including Value Added Tax.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2024 - NIL ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

Additions

12,500

At 30 June 2025

12,500

DEPRECIATION

Charge for period

3,125

At 30 June 2025

3,125

NET BOOK VALUE

At 30 June 2025

9,375

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

31.5.24

£

£

Trade debtors

9,602

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

31.5.24

£

£

Trade creditors

2,000

-

Taxation and social security

2,057

925

Other creditors

13,307

364

17,364

1,289

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

31.5.24

value:

£

£

1

Ordinary

£1

1

1