Acorah Software Products - Accounts Production 19.2.350 false true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 08169393 Firoz Ahmed Fahd Ahmed iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08169393 2024-08-31 08169393 2025-08-31 08169393 2024-09-01 2025-08-31 08169393 frs-core:CurrentFinancialInstruments 2025-08-31 08169393 frs-core:Non-currentFinancialInstruments 2025-08-31 08169393 frs-core:ShareCapital 2025-08-31 08169393 frs-core:RetainedEarningsAccumulatedLosses 2024-09-01 2025-08-31 08169393 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 08169393 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 08169393 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 08169393 frs-bus:SmallEntities 2024-09-01 2025-08-31 08169393 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 08169393 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 08169393 frs-bus:Director1 2024-09-01 2025-08-31 08169393 frs-bus:Director2 2024-09-01 2025-08-31 08169393 frs-core:CurrentFinancialInstruments 1 2025-08-31 08169393 frs-core:CurrentFinancialInstruments 2 2025-08-31 08169393 frs-core:CurrentFinancialInstruments 3 2025-08-31 08169393 frs-core:CurrentFinancialInstruments 4 2025-08-31 08169393 frs-countries:EnglandWales 2024-09-01 2025-08-31 08169393 2023-08-31 08169393 2024-08-31 08169393 2023-09-01 2024-08-31 08169393 frs-core:CurrentFinancialInstruments 2024-08-31 08169393 frs-core:Non-currentFinancialInstruments 2024-08-31 08169393 frs-core:ShareCapital 2023-08-31 08169393 frs-core:ShareCapital 2024-08-31 08169393 frs-core:RetainedEarningsAccumulatedLosses 2023-09-01 2024-08-31 08169393 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2023-08-31 08169393 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 08169393 frs-core:CurrentFinancialInstruments 1 2024-08-31 08169393 frs-core:CurrentFinancialInstruments 2 2024-08-31 08169393 frs-core:CurrentFinancialInstruments 3 2024-08-31 08169393 frs-core:CurrentFinancialInstruments 4 2024-08-31
Registered number: 08169393
Veloce Autos Ltd.
Unaudited Financial Statements
For The Year Ended 31 August 2025
3Es Accountants Limited
231 Kenton Road
Harrow
Greater London
HA3 0HD
Veloce Autos Ltd.
Contents
Contents

| Page
--- | ---
Statement of Financial Position | 1—2
Statement of Changes in Equity | 3
Notes to the Financial Statements | 4—5

Page 1
Veloce Autos Ltd.
Statement of Financial Position
As At 31 August 2025
Statement of Financial Position
Registered number: 08169393

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
CURRENT ASSETS
Stocks | 4 | 521,662 |  | 668,060 |
Debtors | 5 | 208,370 |  | 67,543 |
Cash at bank and in hand |  | 31,028 |  | 60,824 |
|  | 761,060 |  | 796,427 |
Creditors: Amounts Falling Due Within One Year | 6 | (263,084 ) |  | (277,661 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 497,976 |  | 518,766
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 497,976 |  | 518,766
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (408,858 ) |  | (439,698 )
PROVISIONS FOR LIABILITIES
Provisions For Charges |  |  | (10,884 ) |  | (13,093 )
NET ASSETS |  |  | 78,234 |  | 65,975
CAPITAL AND RESERVES
Called up share capital | 8 |  | 99 |  | 99
Income Statement |  |  | 78,135 |  | 65,876
SHAREHOLDERS' FUNDS |  |  | 78,234 |  | 65,975

Page 1
Page 2
Veloce Autos Ltd.
Statement of Financial Position (continued)
As At 31 August 2025
For the year ending 31 August 2025 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 directors acknowledge their 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 Income Statement.
On behalf of the board

Firoz Ahmed Director | Fahd Ahmed Director
13/05/2026

The notes on pages 4 to 5 form part of these financial statements.
Page 2
Page 3
Veloce Autos Ltd.
Statement of Changes in Equity
For The Year Ended 31 August 2025
Statement of Changes in Equity

| Share Capital | Income Statement | Total
--- | --- | --- | ---
| £ | £ | £
As at 1 September 2023 | 99 | 56,658 | 56,757
Profit for the year and total comprehensive income | - | 9,218 | 9,218
As at 31 August 2024 and 1 September 2024 | 99 | 65,876 | 65,975
Profit for the year and total comprehensive income | - | 12,259 | 12,259
As at 31 August 2025 | 99 | 78,135 | 78,234

Page 3
Page 4
Veloce Autos Ltd.
Notes to the Financial Statements
For The Year Ended 31 August 2025
Notes to the Financial Statements
1. General Information
Veloce Autos Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 08169393 . The registered office is 5 Rickard Close, West Drayton, Middlesex, UB7 7UX.
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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
2.3. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and
slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable
overheads.
2.4. Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: NIL)
1 -
4. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 521,662 |  | 668,060

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 18,000 |  | -
Prepayments and accrued income | - |  | 26,819
Deposit | 6,493 |  | 11,073
Next Gear Capital | 46,500 |  | -
Mahomed Nathvani Loan | 8,410 |  | -
Inter company- Velocity Auto Sales Ltd | 22,471 |  | 29,651
Other Debtors - Mehr Estates Ltd | 106,400 |  | -
Other taxes and social security | 96 |  | -
| 208,370 |  | 67,543

Page 4
Page 5
Veloce Autos Ltd.
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2025
6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | - |  | 1,750
Corporation tax | 2,875 |  | -
VAT | 51,663 |  | 120,079
Loan from finance company | 11,995 |  | -
Deferred income | 1,675 |  | -
Directors' loan accounts | 184,876 |  | 132,332
Accrued Expenses | 10,000 |  | 23,500
| 263,084 |  | 277,661

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Loan - Bounce Back | 6,643 |  | 17,483
Loan - Enriched Care | 67,215 |  | 87,215
Loan - Faheem Ahmed | 335,000 |  | 335,000
| 408,858 |  | 439,698

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 99 |  | 99

Page 5