| Vela Info. Iq Limited |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
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|
| 1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Turnover |
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Turnover is measured at the fair value of the consideration received or receivable, net of discounts.During the year there was no turnover company was dormant. |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
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| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
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| 3 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Other creditors |
4,337 |
|
4,058 |
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| 4 |
Other information |
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Vela Info. Iq Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
25 Balham High Road |
|
Balham |
|
London |
|
SW12 9AL |