VELOCITY VENTURE CAPITAL LTD
VELOCITY VENTURE CAPITAL LTD
VELOCITY VENTURE CAPITAL LTD
Company Registration Number:
07227174 (England and Wales)
Unaudited abridged accounts for the year ended 30 April 2020
Period of accounts
Start date: 01 May 2019
End date: 30 April 2020
VELOCITY VENTURE CAPITAL LTD
Contents of the Financial Statements
for the Period Ended 30 April 2020
Balance sheet | |
Notes |
VELOCITY VENTURE CAPITAL LTD
Balance sheet
As at
Notes | 2020 | 2019 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Investments: | 4 | | |
Total fixed assets: | | | |
Current assets | |||
Stocks: | | | |
Debtors: | 5 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 6 | ( | ( |
Net current assets (liabilities): | ( | | |
Total assets less current liabilities: | | | |
Total net assets (liabilities): | | | |
Capital and reserves | |||
Called up share capital: | | | |
Profit and loss account: | ( | ( | |
Shareholders funds: | | |
The notes form part of these financial statements
VELOCITY VENTURE CAPITAL LTD
Balance sheet statements
The directors have chosen to not file a copy of the company’s profit & loss account.
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
VELOCITY VENTURE CAPITAL LTD
Notes to the Financial Statements
for the Period Ended 30 April 2020
1. Accounting policies
Turnover policy
Tangible fixed assets and depreciation policy
Valuation and information policy
Other accounting policies
VELOCITY VENTURE CAPITAL LTD
Notes to the Financial Statements
for the Period Ended 30 April 2020
2. Employees
2020 | 2019 | |
---|---|---|
Average number of employees during the period | | |
VELOCITY VENTURE CAPITAL LTD
Notes to the Financial Statements
for the Period Ended 30 April 2020
3. Tangible Assets
Total | |
---|---|
Cost | £ |
At 01 May 2019 | |
Additions | |
At 30 April 2020 | |
Depreciation | |
At 01 May 2019 | |
Charge for year | |
At 30 April 2020 | |
Net book value | |
At 30 April 2020 | |
At 30 April 2019 | |
VELOCITY VENTURE CAPITAL LTD
Notes to the Financial Statements
for the Period Ended 30 April 2020
4. Fixed investments
Property investments - Cost b/f & c/f £308,000. Investments in group undertakings B/f £50,021, Additions £150,000, Disposals (1), C/f £200,020. The company holds more than 20% of the following companies: LAT Holdings Limited-England & Wales-Ordinary shares-100%-Capital and reserves £(15,517),Loss for the year £(3,128). Chevron Racing Cars Ltd-England & Wales-Ordinary shares-100%-Capital and reserves £100,P&L for the year £-. Chevron Cars Ltd-England & Wales-Ordinary shares-100%-Capital and reserves £1,P&L for the year £-.Derek Bennett Engineering Ltd-England & Wales-Ordinary shares-100%-Capital and reserves £(16,813),P&L for the year £-.
VELOCITY VENTURE CAPITAL LTD
Notes to the Financial Statements
for the Period Ended 30 April 2020
5. Debtors
2020 | 2019 | |
---|---|---|
£ | £ | |
Debtors due after more than one year: | | |
VELOCITY VENTURE CAPITAL LTD
Notes to the Financial Statements
for the Period Ended 30 April 2020
6. Creditors: amounts falling due within one year note