Accounts Submission


VELO MARKETING LTD

Company Registration Number:
07191038 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

VELO MARKETING LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

VELO MARKETING LTD

Company Information

for the Period Ended 31 March 2023




Registered office: 60
Weston Street
London
England
SE1 3QJ
Company Registration Number: 07191038 (England and Wales)

VELO MARKETING LTD

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 42,359 30,276
Total fixed assets: 42,359 30,276
Current assets
Debtors: 5 323,391 327,543
Cash at bank and in hand: 386,557 677,188
Total current assets: 709,948 1,004,731
Prepayments and accrued income: 34,816 8,037
Creditors: amounts falling due within one year: 6 ( 34,810 ) ( 44,156 )
Net current assets (liabilities): 709,954 968,612
Total assets less current liabilities: 752,313 998,888
Provision for liabilities: ( 81,166 ) ( 145,213 )
Accruals and deferred income: ( 81,175 ) ( 187,689 )
Total net assets (liabilities): 589,972 665,986

The notes form part of these financial statements

VELO MARKETING LTD

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 6,268 6,268
Profit and loss account: 583,704 659,718
Shareholders funds: 589,972 665,986

For the year ending 31 March 2023 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 29 November 2023
And Signed On Behalf Of The Board By:

Name: Paul David Crabtree
Status: Director

The notes form part of these financial statements

VELO MARKETING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 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 MARKETING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 25 24

VELO MARKETING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

VELO MARKETING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible assets

Plant & machinery Total
Cost £ £
At 01 April 2022 117,759 117,759
Additions 32,822 32,822
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2023 150,581 150,581
Depreciation
At 01 April 2022 87,483 87,483
Charge for year 20,739 20,739
On disposals - -
Other adjustments - -
At 31 March 2023 108,222 108,222
Net book value
At 31 March 2023 42,359 42,359
At 31 March 2022 30,276 30,276

VELO MARKETING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Debtors


2023
£

2022
£
Trade debtors 234,248 234,121
Other debtors 89,143 93,422
Total 323,391 327,543

VELO MARKETING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 34,810 44,156
Total 34,810 44,156