Velocity 400 Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 09806416

Unaudited Financial Statements for the Year Ended 31 July 2017

for

VELOCITY 400 LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A P Davies

A White

B G Douglas

J M Barber

M McDonald

C A Teigh

REGISTERED OFFICE:

Shropshire House

179 Tottenham Court Road

London

London

W1T 7NZ

REGISTERED NUMBER:

09806416

CURRENT ASSETS

Debtors

4

19,000

3,700

Cash at bank

26,277

13,020

45,277

16,720

CREDITORS

Amounts falling due within one year

5

42,043

13,001

NET CURRENT ASSETS

3,234

3,719

TOTAL ASSETS LESS CURRENT LIABILITIES

3,234

3,719

RESERVES

Retained earnings

6

3,234

3,719

3,234

3,719

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 directors acknowledge their 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 and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 29 September 2017 and were signed on its behalf by:

J M Barber - Director

1.	STATUTORY INFORMATION

Velocity 400 Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered

number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added

tax and other sales taxes.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are

charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

19,000

2,800

Other debtors

-

900

19,000

3,700

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

1,043

3,900

Taxation and social security

-

3,101

Other creditors

41,000

6,000

42,043

13,001

6.

RESERVES

Retained

earnings

£

At 1 August 2016

3,719

Deficit for the year

(485

)

At 31 July 2017

3,234