11 March 2025 false No description of principal activity Taxfiler 2024.6 16309253business:PrivateLimitedCompanyLtd2025-03-112026-03-31 163092532025-03-10 163092532025-03-112026-03-31 16309253business:AuditExempt-NoAccountantsReport2025-03-112026-03-31 16309253business:FilletedAccounts2025-03-112026-03-31 163092532026-03-31 16309253business:Director12025-03-112026-03-31 16309253business:RegisteredOffice2025-03-112026-03-31 16309253core:WithinOneYear2026-03-31 16309253core:ShareCapitalcore:PreviouslyStatedAmount2026-03-31 16309253core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2026-03-31 16309253core:PreviouslyStatedAmount2026-03-31 16309253business:SmallEntities2025-03-112026-03-31 16309253countries:EnglandWales2025-03-112026-03-31 iso4217:GBP xbrli:pure
Company Registration No. 16309253 (England and Wales)
Veliglobal Merchant Ltd Unaudited accounts for the period from 11 March 2025 to 31 March 2026
Veliglobal Merchant Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Veliglobal Merchant Ltd Company Information for the period from 11 March 2025 to 31 March 2026
Director
Emmanuel Ndubisi Akobi
Company Number
16309253 (England and Wales)
Registered Office
41 Hadfield Street Oldham Lancashire OL8 3EE England
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Veliglobal Merchant Ltd Statement of financial position as at 31 March 2026
2026 
Notes
£ 
Current assets
Debtors
4
8,818 
Creditors: amounts falling due within one year
5
(1,682)
Net current assets
7,136 
Net assets
7,136 
Capital and reserves
Called up share capital
1 
Profit and loss account
7,135 
Shareholders' funds
7,136 
For the period ending 31 March 2026 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 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 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 8 May 2026 and were signed on its behalf by
Emmanuel Ndubisi Akobi Director Company Registration No. 16309253
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Veliglobal Merchant Ltd Notes to the Accounts for the period from 11 March 2025 to 31 March 2026
1
Statutory information
Veliglobal Merchant Ltd is a private company, limited by shares, registered in England and Wales, registration number 16309253. The registered office is 41 Hadfield Street, Oldham, Lancashire, OL8 3EE, 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 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.
4
Debtors
2026 
£ 
Amounts falling due within one year
Accrued income and prepayments
8,818 
5
Creditors: amounts falling due within one year
2026 
£ 
Bank loans and overdrafts
8 
Taxes and social security
1,674 
1,682 
6
Average number of employees
During the period the average number of employees was 1.
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