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REGISTERED NUMBER: 14123662 (England and Wales)















Unaudited Financial Statements

for the Period 1 October 2023 to 31 December 2023

for

Versus-UK Ltd

Versus-UK Ltd (Registered number: 14123662)






Contents of the Financial Statements
for the Period 1 October 2023 to 31 December 2023




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


Versus-UK Ltd

Company Information
for the Period 1 October 2023 to 31 December 2023







DIRECTOR: A A Westwood





REGISTERED OFFICE: 147a High Street
Waltham Cross
Hertfordshire
EN8 7AP





REGISTERED NUMBER: 14123662 (England and Wales)





ACCOUNTANTS: Thickbroom Coventry Limited
Chartered Accountants
147a High Street
Waltham Cross
Hertfordshire
EN8 7AP

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Versus-UK Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Director's Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Versus-UK Ltd for the period ended 31 December 2023 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Versus-UK Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Versus-UK Ltd and state those matters that we have agreed to state to the director of Versus-UK Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Versus-UK Ltd and its director for our work or for this report.

It is your duty to ensure that Versus-UK Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Versus-UK Ltd. You consider that Versus-UK Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Versus-UK Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Thickbroom Coventry Limited
Chartered Accountants
147a High Street
Waltham Cross
Hertfordshire
EN8 7AP


Date: .............................................

Versus-UK Ltd (Registered number: 14123662)

Statement of Financial Position
31 December 2023

2023 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,844 6,911

CURRENT ASSETS
Stocks 155,497 110,543
Debtors 5 234,964 250,424
Cash at bank 14,071 313,831
404,532 674,798
CREDITORS
Amounts falling due within one year 6 289,257 189,037
NET CURRENT ASSETS 115,275 485,761
TOTAL ASSETS LESS CURRENT
LIABILITIES

122,119

492,672

CAPITAL AND RESERVES
Called up share capital 7 10,000 10,000
Retained earnings 112,119 482,672
SHAREHOLDERS' FUNDS 122,119 492,672

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Versus-UK Ltd (Registered number: 14123662)

Statement of Financial Position - continued
31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 March 2024 and were signed by:





A A Westwood - Director


Versus-UK Ltd (Registered number: 14123662)

Notes to the Financial Statements
for the Period 1 October 2023 to 31 December 2023

1. STATUTORY INFORMATION

Versus-UK Ltd 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 15% on reducing balance
Computer equipment - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position 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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - NIL ) .

Versus-UK Ltd (Registered number: 14123662)

Notes to the Financial Statements - continued
for the Period 1 October 2023 to 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 October 2023 8,000 - 8,000
Additions - 235 235
At 31 December 2023 8,000 235 8,235
DEPRECIATION
At 1 October 2023 200 - 200
Charge for period 1,170 21 1,191
At 31 December 2023 1,370 21 1,391
NET BOOK VALUE
At 31 December 2023 6,630 214 6,844
At 30 September 2023 7,800 - 7,800

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
£    £   
Trade debtors 158,436 206,590
Other debtors 76,528 43,834
234,964 250,424

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
£    £   
Bank loans and overdrafts - 212,136
Trade creditors 115,495 (296,440 )
Taxation and social security 52,013 140,958
Other creditors 121,749 132,383
289,257 189,037

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2023
value: £    £   
10,000 Ordinary £1 10,000 10,000