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Company Registration No. 12884084 (England and Wales)
Veyco Ltd Unaudited accounts for the year ended 31 December 2025
Veyco Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Veyco Ltd Company Information for the year ended 31 December 2025
Directors
Andrew Puryer Law Michael Colin Davis Claire Lucy Boyd Simon Paul Hughes
Company Number
12884084 (England and Wales)
Registered Office
C/O We Work 123 Buckingham Palace Road London SW1W 9SH United Kingdom
Accountants
CMJ Accounting Ltd 40 Sampsons Plantation Fremington Barnstaple England EX31 3FF
- 3 -
Veyco Ltd Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
1,947,956 
572,799 
Tangible assets
5
2,873 
- 
1,950,829 
572,799 
Current assets
Debtors
6
21,839 
988 
Cash at bank and in hand
87,279 
370 
109,118 
1,358 
Creditors: amounts falling due within one year
7
(74,015)
(16,540)
Net current assets/(liabilities)
35,103 
(15,182)
Total assets less current liabilities
1,985,932 
557,617 
Creditors: amounts falling due after more than one year
8
(1,482,825)
- 
Net assets
503,107 
557,617 
Capital and reserves
Called up share capital
15 
10 
Share premium
999,101 
642,144 
Profit and loss account
(496,009)
(84,537)
Shareholders' funds
503,107 
557,617 
For the year ending 31 December 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 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 of Directors and authorised for issue on 17 September 2026 and were signed on its behalf by
Michael Colin Davis Director Company Registration No. 12884084
- 4 -
Veyco Ltd Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Veyco Ltd is a private company, limited by shares, registered in England and Wales, registration number 12884084. The registered office is C/O We Work, 123 Buckingham Palace Road, London, SW1W 9SH, United Kingdom.
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 remained unchanged from the previous year, and also 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:
Plant & machinery
20% Reducing Balance
Computer equipment
33.33% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2025
572,799 
Additions
1,525,000 
At 31 December 2025
2,097,799 
Amortisation
At 1 January 2025
- 
Charge for the year
149,843 
At 31 December 2025
149,843 
Net book value
At 31 December 2025
1,947,956 
At 31 December 2024
572,799 
- 5 -
Veyco Ltd Notes to the Accounts for the year ended 31 December 2025
5
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2025
- 
- 
- 
Additions
1,664 
2,313 
3,977 
At 31 December 2025
1,664 
2,313 
3,977 
Depreciation
Charge for the year
333 
771 
1,104 
At 31 December 2025
333 
771 
1,104 
Net book value
At 31 December 2025
1,331 
1,542 
2,873 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
15,145 
- 
Trade debtors
2,338 
- 
Other debtors
4,356 
988 
21,839 
988 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
57,022 
13,840 
Taxes and social security
7,857 
- 
Other creditors
7,031 
- 
Loans from directors
2,105 
2,700 
74,015 
16,540 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Trade creditors
1,482,825 
- 
9
Average number of employees
During the year the average number of employees was 5 (2024: 1).
- 6 -