Acorah Software Products - Accounts Production 16.8.310 false true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 11767625 Mr Atif Waqar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11767625 2024-06-30 11767625 2025-06-30 11767625 2024-07-01 2025-06-30 11767625 frs-core:CurrentFinancialInstruments 2025-06-30 11767625 frs-core:ComputerEquipment 2025-06-30 11767625 frs-core:ComputerEquipment 2024-07-01 2025-06-30 11767625 frs-core:ComputerEquipment 2024-06-30 11767625 frs-core:SharePremium 2025-06-30 11767625 frs-core:ShareCapital 2025-06-30 11767625 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 11767625 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 11767625 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 11767625 frs-bus:SmallEntities 2024-07-01 2025-06-30 11767625 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 11767625 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 11767625 frs-bus:OrdinaryShareClass1 2024-07-01 2025-06-30 11767625 frs-bus:OrdinaryShareClass1 2025-06-30 11767625 frs-bus:Director1 2024-07-01 2025-06-30 11767625 frs-countries:EnglandWales 2024-07-01 2025-06-30 11767625 2023-06-30 11767625 2024-06-30 11767625 2023-07-01 2024-06-30 11767625 frs-core:CurrentFinancialInstruments 2024-06-30 11767625 frs-core:SharePremium 2024-06-30 11767625 frs-core:ShareCapital 2024-06-30 11767625 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 11767625 frs-bus:OrdinaryShareClass1 2023-07-01 2024-06-30
Registered number: 11767625
Velocity Acquisitions Limited
Unaudited Financial Statements
For The Year Ended 30 June 2025
More Group (Accounting) Limited
Velocity Acquisitions Limited
Contents
Contents

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

Page 1
Velocity Acquisitions Limited
Company Information
For The Year Ended 30 June 2025
Company Information

Director | Mr Atif Waqar
Company Number | 11767625
Registered Office | 1 Giltspur Street
| Farringdon
| London
| EC1A 9DD
Accountants | More Group (Accounting) Limited
| 1 Giltspur Street
| Farringdon
| London
| EC1A 9DD

Page 1
Page 2
Velocity Acquisitions Limited
Balance Sheet
As At 30 June 2025
Balance Sheet
Registered number: 11767625

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 63 |  | 366
|  |  | 63 |  | 366
CURRENT ASSETS
Cash at bank and in hand |  | 5,014 |  | 8,681 |
|  | 5,014 |  | 8,681 |
Creditors: Amounts Falling Due Within One Year | 6 | (3,972 ) |  | (604 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,042 |  | 8,077
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,105 |  | 8,443
NET ASSETS |  |  | 1,105 |  | 8,443
CAPITAL AND RESERVES
Called up share capital | 7 |  | 1,000 |  | 1,000
Share premium account |  |  | 3,996 |  | 3,996
Profit and Loss Account |  |  | (3,891 ) |  | 3,447
SHAREHOLDERS' FUNDS |  |  | 1,105 |  | 8,443

For the year ending 30 June 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.
The financial statements were approved by the board of directors on 16 February 2026 and were signed on its behalf by:

Mr Atif Waqar Director
16/02/2026

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Velocity Acquisitions Limited
Notes to the Financial Statements
For The Year Ended 30 June 2025
Notes to the Financial Statements
1. General Information
Velocity Acquisitions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11767625 . The registered office is 1 Giltspur Street, Farringdon, London, EC1A 9DD.
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. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment | 33.33% Straight Line Method

2.3. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not discounted.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction where they are subsequently carried at amortised cost using effective interest method. Financial liabilities that constitute a financing transaction are measured at present value of future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not discounted.
Debt instruments are subsequently carried at amortised cost, using effective interest rate method.
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
Page 3
Page 4
Velocity Acquisitions Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
4. Tangible Assets

| Computer Equipment
--- | ---
| £
Cost
As at 1 July 2024 | 1,153
As at 30 June 2025 | 1,153
Depreciation
As at 1 July 2024 | 787
Provided during the period | 303
As at 30 June 2025 | 1,090
Net Book Value
As at 30 June 2025 | 63
As at 1 July 2024 | 366

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 429 |  | -
Accruals and deferred income | 1,313 |  | -
Director's loan account | 2,230 |  | 604
| 3,972 |  | 604

7. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
1,000 Ordinary Shares of £ 1.00 each | 1,000 |  | 1,000

Page 4