VERSCO LTD

Company Registration Number:
07581096 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

VERSCO LTD

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Notes

VERSCO LTD

Balance sheet

As at 31 July 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 61,066 56,765
Tangible assets: 4 479,490 498,013
Total fixed assets: 540,556 554,778
Current assets
Stocks: 631,730 518,343
Debtors:   850,978 516,801
Cash at bank and in hand: 3,814 284,685
Total current assets: 1,486,522 1,319,829
Creditors: amounts falling due within one year:   (437,800) (228,774)
Net current assets (liabilities): 1,048,722 1,091,055
Total assets less current liabilities: 1,589,278 1,645,833
Creditors: amounts falling due after more than one year:   (74,141) (166,376)
Total net assets (liabilities): 1,515,137 1,479,457
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 1,515,135 1,479,455
Shareholders funds: 1,515,137 1,479,457

The notes form part of these financial statements

VERSCO LTD

Balance sheet statements

For the year ending 31 July 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 February 2024
and signed on behalf of the board by:

Name: Steve Balmer
Status: Director

The notes form part of these financial statements

VERSCO LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

VERSCO LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

2. Employees

2023 2022
Average number of employees during the period 11 11

VERSCO LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Intangible Assets

Total
Cost £
At 01 August 2022 65,060
Additions 4,301
At 31 July 2023 69,361
Amortisation
At 01 August 2022 8,295
At 31 July 2023 8,295
Net book value
At 31 July 2023 61,066
At 31 July 2022 56,765

VERSCO LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Tangible Assets

Total
Cost £
At 01 August 2022 1,086,539
Additions 105,981
At 31 July 2023 1,192,520
Depreciation
At 01 August 2022 588,526
Charge for year 124,504
At 31 July 2023 713,030
Net book value
At 31 July 2023 479,490
At 31 July 2022 498,013