Velocity Research Limited

Notes

1. General Information

Velocity Research Limited is a private company, limited by shares, incorporated in England & Wales, registered number 16035679 . The registered office is 128 City Road, London, EC1V 2NX. The Company was incorporated on 23rd October 2024 and therefore no comparative figures are shown.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

2. Average Number of Employees

Average number of employees, including directors, during the period was: 2

3. Directors Advances, Credits and Guarantees

Included within Creditors due after one year are the following loans from directors:

	As at 23 October 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 October 2025
	£	£	£	£	£
Dr William McGhee	-	(16,240 )	72	-	(16,168 )

The above loan is unsecured, interest free and repayable on demand, but not expected to be repaid within the year.

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.

Page 0

Page 1

Velocity Research Limited

Balance Sheet (continued)

As At 31 October 2025

For the period ending 31 October 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to deliver the Profit and Loss Account.

The financial statements were signed and approved by the Director on behalf of the board on 30 June 2026 :

Dr William McGhee

Director

		31 October 2025
		£
Fixed assets		708

Current assets		14,498
Creditors: Amounts Falling Due Within One Year		(697 )

NET CURRENT ASSETS		13,801

TOTAL ASSETS LESS CURRENT LIABILITIES		14,509

Creditors: Amounts Falling Due After More Than One Year		(16,168 )
Accruals and deferred income		(1,303 )

NET LIABILITIES		(2,962 )

CAPITAL AND RESERVES		(2,962 )