Velo Angel Investments LLP (formerly Velo Seed Investments LLP) Filleted accounts for Companies House (small and micro)

REGISTERED NUMBER: OC453435

Velo Angel Investments LLP (formerly Velo Seed Investments LLP)

Filleted Unaudited Financial Statements

31 August 2025

Velo Angel Investments LLP (formerly Velo Seed Investments LLP)

Financial Statements

Period from 19 August 2024 to 31 August 2025

Contents	Page

Designated members and professional advisers	1

Chartered certified accountants report to the members on the preparation of the unaudited statutory financial statements	2

Statement of financial position	3

Notes to the financial statements	5

Velo Angel Investments LLP (formerly Velo Seed Investments LLP)

Designated Members and Professional Advisers

Designated members	AJ Reader
	EG Hoff
	RA Duboff

Registered office	727-729 High Road
	London
	N12 0BP

Accountants	Complete Accounting Solutions
	Chartered Certified Accountants
	727-729 High Road
	London
	N12 0BP

Velo Angel Investments LLP (formerly Velo Seed Investments LLP)

Chartered Certified Accountants Report to the Members on the Preparation of the Unaudited Statutory Financial Statements of Velo Angel Investments LLP (formerly Velo Seed Investments LLP)

Period from 19 August 2024 to 31 August 2025

As described on the statement of financial position, the members of the LLP are responsible for the preparation of the financial statements for the period ended 31 August 2025, which comprise the statement of financial position and the related notes. You consider that the LLP is exempt from an audit under the Companies Act 2006 as applied to limited liability partnerships by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

Complete Accounting Solutions

727-729 High Road Chartered Certified Accountants London N12 0BP

14 August 2026

Velo Angel Investments LLP (formerly Velo Seed Investments LLP)

Statement of Financial Position

31 August 2025

	31 Aug 25
Note	£

Fixed assets

Investments	4	130,901

Current assets

Debtors	5	2,820
Cash at bank and in hand		166,999
		---------
		169,819

Creditors: amounts falling due within one year	6	720
		---------
Net current assets		169,099
		---------
Total assets less current liabilities		300,000
		---------
Net assets		300,000
		---------

Represented by:

Loans and other debts due to members

Other amounts	7	300,000
		---------

Members' other interests

Other reserves	–
	---------
	300,000
	---------

Total members' interests

Amounts due from members		(2,820)
Loans and other debts due to members	7	300,000
Members' other interests		–
		---------
		297,180
		---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006 (as applied to LLPs), the statement of income and retained earnings has not been delivered.

For the period ending 31 August 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008) relating to small LLPs.

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of financial statements .

Velo Angel Investments LLP (formerly Velo Seed Investments LLP)

Statement of Financial Position (continued)

31 August 2025

These financial statements were approved by the members and authorised for issue on 14 August 2026 , and are signed on their behalf by:

EG Hoff

Designated Member

Registered number: OC453435

Velo Angel Investments LLP (formerly Velo Seed Investments LLP)

Notes to the Financial Statements

Period from 19 August 2024 to 31 August 2025

1.	General information

The LLP is registered in England and Wales. The address of the registered office is 727-729 High Road, London, N12 0BP.

2.	Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP 2021).

3.	Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling , which is the functional currency of the entity.

Members' participation rights

Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed, remuneration and profits).

Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with Section 22 of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships'. A member's participation right results in a liability unless the right to any payment is discretionary on the part of the LLP.

Amounts subscribed or otherwise contributed by members, for example members' capital, are classed as equity if the LLP has an unconditional right to refuse payment to members. If the LLP does not have such an unconditional right, such amounts are classified as liabilities.

Where profits are automatically divided as they arise, so the LLP does not have an unconditional right to refuse payment, the amounts arising that are due to members are in the nature of liabilities. They are therefore treated as an expense in the statement of income and retained earnings in the relevant year. To the extent that they remain unpaid at the year end, they are shown as liabilities in the statement of financial position.

Conversely, where profits are divided only after a decision by the LLP or its representative, so that the LLP has an unconditional right to refuse payment, such profits are classed as an appropriation of equity rather than as an expense. They are therefore shown as a residual amount available for discretionary division among members in the statement of income and retained earnings and are equity appropriations in the statement of financial position.

Other amounts applied to members, for example remuneration paid under an employment contract and interest on capital balances, are treated in the same way as all other divisions of profits, as described above, according to whether the LLP has, in each case, an unconditional right to refuse payment.

All amounts due to members that are classified as liabilities are presented in the statement of financial position within 'Loans and other debts due to members' and are charged to the statement of income and retained earnings within 'Members' remuneration charged as an expense'. Amounts due to members that are classified as equity are shown in the statement of financial position within 'Members' other interests'.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

4.	Investments

	Other investments other than loans
	£
Cost
At 19 August 2024	–
Additions	130,901
	---------
At 31 August 2025	130,901
	---------
Impairment
At 19 August 2024 and 31 August 2025	–
	---------

Carrying amount
At 31 August 2025	130,901
	---------

5.	Debtors

	31 Aug 25
	£
Other debtors	2,820
	-------

6. Creditors: amounts falling due within one year

	31 Aug 25
	£
Other creditors	720
	----

7.	Loans and other debts due to members

	31 Aug 25
	£
Loans from members	300,000
	---------