Accounts Submission


VELO INNOVATIONS LIMITED

Company Registration Number:
12246829 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2022

(Dormant)

Period of accounts

Start date: 01 November 2021

End date: 31 October 2022

VELO INNOVATIONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2022

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

VELO INNOVATIONS LIMITED

Company Information

for the Period Ended 31 October 2022




Director: Paul Farrell
Craig McDonald
Secretary: Julia McDonald
Registered office: 8
Henderson Place
Epping Green
Hertford
England
SG13 8GA
Company Registration Number: 12246829 (England and Wales)

VELO INNOVATIONS LIMITED

Directors' Report Period Ended 31 October 2022

The directors present their report with the financial statements of the company for the period ended 31 October 2022

Directors

The directors shown below have held office during the whole of the period from 01 November 2021 to 31 October 2022
Paul Farrell
Craig McDonald

The company was dormant and did not trade in the period.

Secretary
Julia McDonald

This report was approved by the board of directors on 28 July 2023
And Signed On Behalf Of The Board By:

Name: Craig McDonald
Status: Director

VELO INNOVATIONS LIMITED

Profit and Loss Account

for the Period Ended 31 October 2022

The company was dormant and did not trade in the period. The company received no income and incurred no expenditure in the period and therefore did not make either a profit or loss.

VELO INNOVATIONS LIMITED

Balance sheet

As at 31 October 2022


Notes

2022
£

2021
£
Fixed assets
Intangible assets: 4 100 100
Tangible assets: 5 0 0
Total fixed assets: 100 100
Current assets
Stocks: 0 0
Debtors: 0 0
Cash at bank and in hand: 1
Total current assets: 1 0
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 1 )
Net current assets (liabilities): 0 0
Total assets less current liabilities: 100 100
Creditors: amounts falling due after more than one year: ( 0 )
Provision for liabilities: ( 0 )
Accruals and deferred income: ( 0 )
Total net assets (liabilities): 100 100

The notes form part of these financial statements

VELO INNOVATIONS LIMITED

Balance sheet continued

As at 31 October 2022


Notes

2022
£

2021
£
Capital and reserves
Called up share capital: 100 100
Revaluation reserve: 0
Profit and loss account: 0
Shareholders funds: 100 100

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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the year ending 31 October 2022 the company was entitled to exemption under section 480 of the Companies Act 2006 relating to dormant companies.

This report was approved by the board of directors on 28 July 2023
And Signed On Behalf Of The Board By:

Name: Craig McDonald
Status: Director

The notes form part of these financial statements

VELO INNOVATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

VELO INNOVATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

  • 2. Employees


    2022

    2021
    Average number of employees during the period 0 0

VELO INNOVATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

  • 3. Off balance sheet disclosure

    No

VELO INNOVATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

  • 4. Intangible assets

    Total
    Cost £
    At 01 November 2021 100
    Additions -
    Disposals -
    Revaluations -
    Transfers -
    At 31 October 2022 100
    Amortisation
    Amortisation at 01 November 2021 0
    Charge for year -
    On disposals -
    Other adjustments -
    Amortisation at 31 October 2022 0
    Net book value
    Net book value at 31 October 2022 100
    Net book value at 31 October 2021 100

VELO INNOVATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

5. Tangible Assets

Total
Cost £
At 01 November 2021 -
Additions -
Disposals -
Revaluations -
Transfers -
At 31 October 2022 -
Depreciation
At 01 November 2021 0
Charge for year -
On disposals -
Other adjustments -
At 31 October 2022 0
Net book value
At 31 October 2022 0
At 31 October 2021 0