Company Registration Number 03954284 (England and Wales)
VELOCITY DESIGN LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017
PAGES FOR FILING WITH REGISTRAR
VELOCITY DESIGN LTD
BALANCE SHEET
AS AT
31 MARCH 2017
31 March 2017
- 1 -
2017
2016
£
£
£
£
Fixed assets
3,315
6,240
Current assets
74,254
139,120
Creditors: amounts falling due within one year
(73,350)
(111,630)
Net current assets
904
27,490
Total assets less current liabilities
4,219
33,730
Net assets
4,219
33,730
Capital and reserves
4,219
33,730
Notes to the financial statements
1.
Financial commitments, guarantees and contingencies
The company has annual commitments under operating leases of £6,200.
Velocity Design Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Bank House, 66 High Street, Dawley, Telford, TF4 2HD.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
For the year ended 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
T
he directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105: The Financial Reporting Standard applicable to the Micro-entities Regime and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements were approved by the board of directors and authorised for issue on 15 December 2017 and are signed on its behalf by:
Mr. S L Jones
Mrs S Jones
Director
Director
Company Registration Number 03954284