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REGISTERED NUMBER: 09569412 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

Versalius Marketing Limited

Versalius Marketing Limited (Registered number: 09569412)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Versalius Marketing Limited

Company Information
for the Year Ended 31 May 2023







DIRECTORS: Dr P O'Connor
Ms F Winter





REGISTERED OFFICE: 3 Park Square
Leeds
LS1 2NE





REGISTERED NUMBER: 09569412 (England and Wales)





ACCOUNTANTS: Charles Stewart & Co Limited
Chartered Accountants
3 Park Square
Leeds
LS1 2NE

Versalius Marketing Limited (Registered number: 09569412)

Balance Sheet
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 2,173
Tangible assets 5 57,000 -
Investments 6 3,000 3,000
60,000 5,173

CURRENT ASSETS
Debtors 7 70,413 22,714
Cash at bank 256,576 281,961
326,989 304,675
CREDITORS
Amounts falling due within one year 8 15,183 17,307
NET CURRENT ASSETS 311,806 287,368
TOTAL ASSETS LESS CURRENT
LIABILITIES

371,806

292,541

PROVISIONS FOR LIABILITIES 9 1,949 -
NET ASSETS 369,857 292,541

CAPITAL AND RESERVES
Called up share capital 10 3,000 3,000
Retained earnings 11 366,857 289,541
SHAREHOLDERS' FUNDS 369,857 292,541

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 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.

Versalius Marketing Limited (Registered number: 09569412)

Balance Sheet - continued
31 May 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 24 January 2024 and were signed on its behalf by:





Dr P O'Connor - Director


Versalius Marketing Limited (Registered number: 09569412)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Versalius Marketing Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

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

Turnover
Turnover represents net invoiced sales of services provided, excluding value added tax.

Goodwill
Goodwill is depreciated on a straight line basis over 5 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Investments in associates
Investments in associate undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 1 (2022 - 3 ) .

Versalius Marketing Limited (Registered number: 09569412)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2022
and 31 May 2023 10,857
AMORTISATION
At 1 June 2022 8,684
Charge for year 2,173
At 31 May 2023 10,857
NET BOOK VALUE
At 31 May 2023 -
At 31 May 2022 2,173

5. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
Additions 57,000
At 31 May 2023 57,000
NET BOOK VALUE
At 31 May 2023 57,000

6. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 1 June 2022
and 31 May 2023 3,000
NET BOOK VALUE
At 31 May 2023 3,000
At 31 May 2022 3,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 46,709 -
Amounts owed by related undertakings 16,488 16,488
Prepayments 7,216 6,226
70,413 22,714

Versalius Marketing Limited (Registered number: 09569412)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Corporation tax 3,465 5,589
Directors' current accounts 10,218 10,218
Accrued expenses 1,500 1,500
15,183 17,307

9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 1,949 -

Deferred
tax
£   
Charge to Income Statement during year 1,949
Balance at 31 May 2023 1,949

10. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
3,000 Ordinary £1 3,000 3,000

11. RESERVES
Retained
earnings
£   

At 1 June 2022 289,541
Profit for the year 105,316
Dividends (28,000 )
At 31 May 2023 366,857

12. RELATED PARTY DISCLOSURES

During the period the company raised invoices totalling £80,000 (2022: £80,000) to Skeletal Imaging Limited, a company of which Dr P O'Connor and Ms F Winter are both directors.

At 31 May 2023 the company was owed an amount of £16,488 (2022: £16,488) from Skeletal Imaging Ltd.

During the period the company paid dividends totalling £28,000 (2022: £24,000) to its directors.

13. ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of its directors.