Accounts filed on 31-03-2015

Accounts filed on 31-03-2015

VELONE LTD - Company Information

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2014-03-042015-03-3108920926falsetruehttp://www.companieshouse.gov.uk/cd:Director12014-03-042015-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-03-042015-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2015-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2014-03-042015-03-31http://www.companieshouse.gov.uk/2014-03-042015-03-31http://www.companieshouse.gov.uk/2015-03-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2014-03-042015-03-31http://www.companieshouse.gov.uk/2014-03-03iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 08920926
Velone Ltd
ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 31/03/2015
Prepared By:
Victor Stewart

Velone Ltd
ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 31/03/2015
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 08920926

Velone Ltd
Registered Number: 08920926
BALANCE SHEET AT 31/03/2015
2015
Notes£
FIXED ASSETS
Tangible assets21,034
CURRENT ASSETS
Cash at bank and in hand13,249
13,249
CREDITORS: Amounts falling due within one year8,114
NET CURRENT ASSETS5,135
TOTAL ASSETS LESS CURRENT LIABILITIES6,169
CREDITORS: Amounts falling due after more than one year320,000
NET LIABILITIES(13,831)
CAPITAL AND RESERVES
Called up share capital4100
Profit and loss account(13,931)
SHAREHOLDERS' FUNDS(13,831)
For the year ending 31/03/2015 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board on 02/12/2015 and signed on their behalf by
Daren Beazley
Director

Velone Ltd
NOTES TO THE ACCOUNTS
FOR THE PERIOD ENDED 31/03/2015
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipment %
1d. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
2. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
Additions1,3791,379
At 31/03/20151,3791,379
Depreciation
For the period345345
At 31/03/2015345345
Net Book Amounts
At 31/03/20151,0341,034

Velone Ltd
3. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2015
£
Other creditors20,000
20,000
4. SHARE CAPITAL 2015
£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100
100
New shares issued during period:
100 Ordinary shares of £1 each100
100