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Company Registration No. 7338171 (England and Wales)
Vielo Sports Ltd Unaudited accounts for the year ended 31 December 2025
Vielo Sports Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Vielo Sports Ltd Company Information for the year ended 31 December 2025
Directors
Ian Hughes Trevor Hughes Simon Morland Sam Ratcliffe
Secretary
Trevor Hughes
Company Number
7338171 (England and Wales)
Registered Office
10 Keel Row The Watermark Gateshead Tyne And Wear NE11 9SZ UK
Accountants
JBC Management Solutions Ltd 5 Dene Park Ponteland Newcastle upon Tyne Northumberland NE20 9AH
- 3 -
Vielo Sports Ltd Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
89,921 
89,975 
Tangible assets
5
23,072 
26,797 
112,993 
116,772 
Current assets
Inventories
279,091 
216,898 
Debtors
6
12,900 
17,844 
Cash at bank and in hand
57,729 
143,631 
349,720 
378,373 
Creditors: amounts falling due within one year
7
(204,688)
(210,505)
Net current assets
145,032 
167,868 
Total assets less current liabilities
258,025 
284,640 
Creditors: amounts falling due after more than one year
8
(119,993)
(7,832)
Net assets
138,032 
276,808 
Capital and reserves
Called up share capital
771,631 
771,631 
Share premium
140,042 
140,042 
Profit and loss account
(773,641)
(634,865)
Shareholders' funds
138,032 
276,808 
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 21 September 2026 and were signed on its behalf by
Trevor Hughes Director Company Registration No. 7338171
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Vielo Sports Ltd Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Vielo Sports Ltd is a private company, limited by shares, registered in England and Wales, registration number 7338171. The registered office is 10 Keel Row, The Watermark, Gateshead, Tyne And Wear, NE11 9SZ, UK.
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
Straight line depreciation across 4 years
Motor vehicles
Straight line depreciation across 4 years
Fixtures & fittings
Straight line depreciation across 2 years
Computer equipment
Straight line depreciation across 4 years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill, intellectual property and patents) are included at cost less accumulated amortisation. Amortisation is straight line across 4 years
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2025
101,495 
At 31 December 2025
101,495 
Amortisation
At 1 January 2025
11,520 
Charge for the year
54 
At 31 December 2025
11,574 
Net book value
At 31 December 2025
89,921 
At 31 December 2024
89,975 
- 5 -
Vielo Sports Ltd Notes to the Accounts for the year ended 31 December 2025
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2025
104,485 
- 
28,424 
16,645 
149,554 
Additions
- 
14,950 
250 
- 
15,200 
At 31 December 2025
104,485 
14,950 
28,674 
16,645 
164,754 
Depreciation
At 1 January 2025
81,097 
- 
27,039 
14,621 
122,757 
Charge for the year
12,481 
3,732 
1,176 
1,536 
18,925 
At 31 December 2025
93,578 
3,732 
28,215 
16,157 
141,682 
Net book value
At 31 December 2025
10,907 
11,218 
459 
488 
23,072 
At 31 December 2024
23,388 
- 
1,385 
2,024 
26,797 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,353 
9,479 
Accrued income and prepayments
3,497 
8,315 
Other debtors
50 
50 
12,900 
17,844 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
13,611 
26,765 
VAT
19,765 
2,245 
Trade creditors
168,285 
165,800 
Taxes and social security
2,075 
15,695 
Other creditors
452 
- 
Accruals
500 
- 
204,688 
210,505 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
- 
7,832 
Loans from directors
119,993 
- 
119,993 
7,832 
9
Average number of employees
During the year the average number of employees was 3 (2024: 4).
- 6 -