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Velvt Desserts Ltd
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Notes to the financial statements
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for the period ended 31 May 2026
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1
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Company information
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Velvt Desserts Ltd is a private company registered in England and Wales. Its registered number is 16472982. The company is limited by shares. Its registered office is 59 Lomond Road, Manchester, Lancashire, M22 5JB. Its principal place of business is 59 Lomond Road, Manchester, M22 5JB.
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2
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Accounting policies
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Basis of preparing the financial statements
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These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
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Going concern
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After reviewing the company’s forecasts and projections, the directors intend to apply for the company to be struck off the register at Companies House following the filing of these financial statements. Accordingly, the financial statements have not been prepared on a going concern basis.
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Turnover
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Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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3
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Average number of employees
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During the period the average number of employees was Nil.
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4
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Advances, credit and guarantees granted to the director
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The following advances and credits to a director subsisted during the period ended 31 May 2026.
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£
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Amounts advanced
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10,866
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Amounts repaid
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(11,764)
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Balance outstanding at end of period
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(898)
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The credit balance of £898 will not be recoverable due to the closure of the Company.
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2
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