Velvet Mortgage & Insure Services Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08800561 (England and Wales)

VELVET MORTGAGE & INSURE SERVICES LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2018

Page

Balance Sheet

1

FIXED ASSETS

2,077

2,310

CURRENT ASSETS

33,800

8,658

PREPAYMENTS AND ACCRUED INCOME

158

144

CREDITORS

Amounts falling due within one year

(28,898

)

(9,597

)

NET CURRENT ASSETS/(LIABILITIES)

5,060

(795

)

TOTAL ASSETS LESS CURRENT LIABILITIES

7,137

1,515

ACCRUALS AND DEFERRED INCOME

1,500

1,514

NET ASSETS

5,637

1

CAPITAL AND RESERVES

5,637

1

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Velvet Mortgage & Insure Services Ltd is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address are as below:

Registered number:

08800561

Registered office:

3 Weekley Wood Close

Kettering

Northamptonshire

NN14 1UQ

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2017 - 1 ) .

3.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2018 and

30 November 2017:

2018

2017

£

£

Mrs J Streames

Balance outstanding at start of year

7,303

4,884

Amounts advanced

-

59,615

Amounts repaid

(7,303

)

(57,196

)

Balance outstanding at end of year

-

7,303

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 28 August 2019 and were signed by:

Mrs J Streames - Director