2022-05-012023-04-302023-04-30false13307994VERTINETIK 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VERTINETIK LIMITED

Registered Number
13307994
(England and Wales)

Unaudited Financial Statements for the Year ended
30 April 2023

VERTINETIK LIMITED
Company Information
for the year from 1 May 2022 to 30 April 2023

Directors

DUGARTE CLAPES, Carlos Enrique
KUNCKEL, Bela Dietrich

Company Secretary

EBS CORPORATE SERVICES LIMITED

Registered Address

Midlands Agri-Tech Innovation Hub Poultry Drive
Edgmond
Newport
TF10 8JZ

Registered Number

13307994 (England and Wales)
VERTINETIK LIMITED
Balance Sheet as at
30 April 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets532,817-
32,817-
Current assets
Debtors136,824595
Cash at bank and on hand19,167946
155,9911,541
Creditors amounts falling due within one year(218,265)(22,717)
Net current assets (liabilities)(62,274)(21,176)
Total assets less current liabilities(29,457)(21,176)
Creditors amounts falling due after one year(4,664)-
Net assets(34,121)(21,176)
Capital and reserves
Called up share capital100100
Profit and loss account(34,221)(21,276)
Shareholders' funds(34,121)(21,176)
The financial statements were approved and authorised for issue by the Board of Directors on 25 October 2023, and are signed on its behalf by:
DUGARTE CLAPES, Carlos Enrique
Director
KUNCKEL, Bela Dietrich
Director

Registered Company No. 13307994
VERTINETIK LIMITED
Notes to the Financial Statements
for the year ended 30 April 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery33,970
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
4.Employee information

20232022
Average number of employees during the year00
5.Property, plant and equipment

Total

£
Cost or valuation
Additions33,971
At 30 April 2333,971
Depreciation and impairment
Charge for year1,154
At 30 April 231,154
Net book value
At 30 April 2332,817
At 30 April 22-