2022-05-242023-10-312023-10-31false14126847VERTIGO DEVELOPMENTS 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VERTIGO DEVELOPMENTS LIMITED

Registered Number
14126847
(England and Wales)

Unaudited Financial Statements for the Period ended
31 October 2023

VERTIGO DEVELOPMENTS LIMITED
Company Information
for the period from 24 May 2022 to 31 October 2023

Director

Stephen John Nelson

Registered Address

6 Cleveland Road
South Woodford
London
E18 2AN

Registered Number

14126847 (England and Wales)
VERTIGO DEVELOPMENTS LIMITED
Balance Sheet as at
31 October 2023

Notes

2023

£

£

Fixed assets
Investments31
1
Current assets
Debtors30,000
Cash at bank and on hand1,233
31,233
Creditors amounts falling due within one year5(1,753)
Net current assets (liabilities)29,480
Total assets less current liabilities29,481
Creditors amounts falling due after one year6(30,500)
Net assets(1,019)
Capital and reserves
Called up share capital1
Profit and loss account(1,020)
Shareholders' funds(1,019)
The financial statements were approved and authorised for issue by the Director on 8 February 2024, and are signed on its behalf by:
Stephen John Nelson
Director
Registered Company No. 14126847
VERTIGO DEVELOPMENTS LIMITED
Notes to the Financial Statements
for the period ended 31 October 2023

1.Accounting policies
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.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
Foreign currency translation
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.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
2.Average number of employees

2023
Average number of employees during the year1
3.Fixed asset investments

Other investments1

Total

££
Cost or valuation
Additions11
At 31 October 2311
Net book value
At 31 October 2311

Notes

1Other investments other than loans
4.Debtors: amounts due after one year

2023

£
Other debtors30,000
Total30,000
5.Creditors: amounts due within one year

2023

£
Amounts owed to related parties733
Accrued liabilities and deferred income1,020
Total1,753
6.Creditors: amounts due after one year

2023

£
Other creditors30,500
Total30,500