Veloce Autos Ltd.

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

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.

	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

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)

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