Young Velocity Limited - Accounts to registrar - small 17.2

Young Velocity Limited - Accounts to registrar - small 17.2

YOUNG VELOCITY LIMITED - Company Information

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REGISTERED NUMBER: SC481979 (Scotland)















Unaudited Financial Statements

for the Year Ended 31 July 2017

for

Young Velocity Limited

Young Velocity Limited (by shares) (Registered number: SC481979)






Contents of the Financial Statements
for the Year Ended 31 July 2017




Page

Company Information 1

Balance Sheet 2


Young Velocity Limited (by shares)

Company Information
for the Year Ended 31 July 2017







DIRECTOR: Mr G Young





REGISTERED OFFICE: 7 Berryhill Place
Skene
Westhill
AB32 6BG





REGISTERED NUMBER: SC481979 (Scotland)





ACCOUNTANTS: SJD Accountancy Scotland
3rd Floor
116 Dundas Street
Edinburgh
EH3 5DQ
Page 1
Young Velocity Limited (by shares) (Registered number: SC481979)

Balance Sheet
31 July 2017

31.7.17 31.7.16
£    £    £    £   
FIXED ASSETS 371 -

CURRENT ASSETS 40,387 48,167

CREDITORS
Amounts falling due within one year (24,447 ) (25,892 )
NET CURRENT ASSETS 15,940 22,275
TOTAL ASSETS LESS CURRENT
LIABILITIES
16,311
22,275

CAPITAL AND RESERVES 16,311 22,275

NOTE TO THE FINANCIAL STATEMENTS

1. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at 31st July 2017, the director Mr G Young owed £13,425 to Young Velocity Limited.

This loan is interest free, unsecured and has no set repayment terms.



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 4 October 2017 and were signed by:





Mr G Young - Director


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