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Registered number: 02986275
Velo Estates Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Velo Estates Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—4

Page 1
Velo Estates Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 02986275

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 81,418 |  | 81,418
|  |  | 81,418 |  | 81,418
CURRENT ASSETS
Debtors | 5 | 3,640 |  | 5,460 |
Cash at bank and in hand |  | 2,016 |  | - |
|  | 5,656 |  | 5,460 |
Creditors: Amounts Falling Due Within One Year | 6 | (14,384 ) |  | (14,975 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (8,728 ) |  | (9,515 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 72,690 |  | 71,903
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (37,841 ) |  | (35,000 )
NET ASSETS |  |  | 34,849 |  | 36,903
CAPITAL AND RESERVES
Called up share capital | 8 |  | 100 |  | 100
Other reserves |  |  | (55,000 ) |  | (55,000 )
Profit and Loss Account |  |  | 89,749 |  | 91,803
SHAREHOLDERS' FUNDS |  |  | 34,849 |  | 36,903

Page 1
Page 2
Velo Estates Limited
Balance Sheet (continued)
As At 31 March 2025
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 member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr R Williams Director
09/12/2025

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Velo Estates Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Velo Estates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02986275 . The registered office is 1, Lonsdale Gardens, Tunbridge Wells, Kent, TN1 1NU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover comprises the invoiced value of rents received by the company, net of Value Added Tax.
2.3. Tangible Fixed Assets and Depreciation
The company does not depreciate its investment properties as it is the company's policy to maintain these in good condition and wherever possible to enhance their value. The properties have not been revalued at the Balance Sheet date as the directors are of the opinion that the value is not materially different from cost.

Freehold | 0

2.4. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets

| Land & Property
--- | ---
| Freehold
| £
Cost
As at 1 April 2024 | 81,418
As at 31 March 2025 | 81,418
Net Book Value
As at 31 March 2025 | 81,418
As at 1 April 2024 | 81,418

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 3,640 |  | 5,460

Page 3
Page 4
Velo Estates Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 1,070 |  | 338
Bank loans and overdrafts | - |  | 2,019
Corporation tax | 3,037 |  | 2,841
VAT | 910 |  | 1,213
Accruals and deferred income | 9,367 |  | 8,564
| 14,384 |  | 14,975

7. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other creditors | 37,841 |  | 35,000

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

9. Dividends

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
On equity shares:
Final dividend paid | 15,000 |  | 14,000

10. Related Party Transactions
R Williams is also a Director of Starnes Developments Limited.
The Company provided a loan to help purchase balance of shares from previous shareholder and settle liabilities owed to him. This balance is included under long term other creditors.
Page 4