10 September 2024 false No description of principal activity Taxfiler 2024.6 15947212business:PrivateLimitedCompanyLtd2024-09-102025-09-30 159472122024-09-09 159472122024-09-102025-09-30 15947212business:AuditExempt-NoAccountantsReport2024-09-102025-09-30 15947212business:FilletedAccounts2024-09-102025-09-30 159472122025-09-30 15947212business:Director12024-09-102025-09-30 15947212business:RegisteredOffice2024-09-102025-09-30 15947212core:WithinOneYear2025-09-30 15947212core:ShareCapitalcore:PreviouslyStatedAmount2025-09-30 15947212core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-09-30 15947212core:PreviouslyStatedAmount2025-09-30 15947212business:SmallEntities2024-09-102025-09-30 15947212countries:EnglandWales2024-09-102025-09-30 15947212core:FurnitureFittings2024-09-102025-09-30 15947212core:FurnitureFittings2024-09-09 15947212core:FurnitureFittings2025-09-30 iso4217:GBP xbrli:pure
Company Registration No. 15947212 (England and Wales)
Velocity Associates Ltd Unaudited accounts for the period from 10 September 2024 to 30 September 2025
Velocity Associates Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Velocity Associates Ltd Company Information for the period from 10 September 2024 to 30 September 2025
Director
Aastha GUPTA
Company Number
15947212 (England and Wales)
Registered Office
VELOCITY ASSOCIATES LTD 51 Heather Road Binley Woods CV3 2DE
Accountants
MJS BUSINESS MANAGEMENT SERVICES LTD 51 HEATHER ROAD BINLEY WOODS COVENTRY CV3 2DE
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Velocity Associates Ltd Statement of financial position as at 30 September 2025
2025 
Notes
£ 
Fixed assets
Tangible assets
4
2,975 
Current assets
Debtors
5
8,141 
Cash at bank and in hand
526 
8,667 
Creditors: amounts falling due within one year
6
(9,699)
Net current liabilities
(1,032)
Net assets
1,943 
Capital and reserves
Called up share capital
1 
Profit and loss account
1,942 
Shareholders' funds
1,943 
For the period ending 30 September 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 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 10 June 2026 and were signed on its behalf by
Aastha GUPTA Director Company Registration No. 15947212
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Velocity Associates Ltd Notes to the Accounts for the period from 10 September 2024 to 30 September 2025
1
Statutory information
Velocity Associates Ltd is a private company, limited by shares, registered in England and Wales, registration number 15947212. The registered office is VELOCITY ASSOCIATES LTD, 51 Heather Road, Binley Woods, CV3 2DE.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% reducing balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 10 September 2024
- 
Additions
3,500 
At 30 September 2025
3,500 
Depreciation
Charge for the period
525 
At 30 September 2025
525 
Net book value
At 30 September 2025
2,975 
5
Debtors
2025 
£ 
Amounts falling due within one year
Other debtors
8,141 
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Velocity Associates Ltd Notes to the Accounts for the period from 10 September 2024 to 30 September 2025
6
Creditors: amounts falling due within one year
2025 
£ 
Loans from directors
8,499 
Accruals
1,200 
9,699 
7
Average number of employees
During the period the average number of employees was 3.
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