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Registered Number: 12951995
England and Wales

 

 

 

VELOCITY CREDIT GROWTH I LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 November 2024

End date: 31 October 2025
 
 
Notes
 
2025
£
  2024
£
Current assets      
Debtors 695,869    676,098 
Cash at bank and in hand 22    203 
695,891    676,301 
Creditors: amount falling due within one year (26,238)   (46,605)
Net current assets 669,653    629,696 
 
Total assets less current liabilities 669,653    629,696 
Net assets 669,653    629,696 
 

Capital and reserves
     
Called up share capital 3 5,240    5,240 
Share Premium Account 492,140    492,140 
Profit and loss account 172,273    132,316 
Shareholders' funds 669,653    629,696 
 


For the year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 27 October 2026 and were signed on its behalf by:


-------------------------------
Thomas Edward LINDUP
Director
1
General Information
Velocity Credit Growth I Limited is a private company, limited by shares, registered in England and Wales, registration number 12951995, registration address 123 Buckingham Palace Road, London, SW1W 9SH.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
2.

Average number of employees

Average number of employees during the period was 0 (2024 : 0).
3.

Share Capital

Allotted, called up and fully paid
2025
£
  2024
£
524,035 Class A shares of £1.00 each 524,035    524,035 
524,035    524,035 

2