Velocimetrics Limited - Limited company - abbreviated - 11.0.0
Velocimetrics Limited - Limited company - abbreviated - 11.0.0
| Abbreviated Accounts for the Year Ended 30 June 2014 |
| for |
| Velocimetrics Limited |
| Velocimetrics Limited (Registered number: 06943398) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 30 June 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Certified Accountants' Report | 6 |
| Velocimetrics Limited |
| Company Information |
| for the Year Ended 30 June 2014 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| Velocimetrics Limited (Registered number: 06943398) |
| Abbreviated Balance Sheet |
| 30 June 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Share premium |
| Capital redemption reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| Velocimetrics Limited (Registered number: 06943398) |
| Abbreviated Balance Sheet - continued |
| 30 June 2014 |
| The financial statements were approved by the Board of Directors on its behalf by: |
| Velocimetrics Limited (Registered number: 06943398) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 30 June 2014 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance |
| with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover represents net sales of services, excluding value added tax. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Computer equipment | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
| the balance sheet date. |
| 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 the profit and loss account in the period to which they |
| relate. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 July 2013 |
| Additions |
| At 30 June 2014 |
| DEPRECIATION |
| At 1 July 2013 |
| Charge for year |
| At 30 June 2014 |
| NET BOOK VALUE |
| At 30 June 2014 |
| At 30 June 2013 |
| Velocimetrics Limited (Registered number: 06943398) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 30 June 2014 |
| 3. | FIXED ASSET INVESTMENTS |
| The company's investments at the balance sheet date in the share capital of companies include the |
| following: |
| Country of incorporation: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary |
| £ |
| Aggregate capital and reserves |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary A | £1 |
| Ordinary B,C,D & I | £1 |
| 1,122 | 1,122 |
| Certified Accountants' Report to the Board of Directors |
| on the Unaudited Financial Statements of |
| Velocimetrics Limited |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual |
| unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) |
| have been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval |
| the financial statements of Velocimetrics Limited for the year ended 30 June 2014 which comprise the Profit |
| and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and |
| from information and explanations you have given us. |
| As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its |
| ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com. |
| Our work has been undertaken in accordance with the requirements of the Association of Chartered |
| Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. |
| Chartered Certified Accountants |
| 1 December 2014 |