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REGISTERED NUMBER: 03766294 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

VERTIKAL PRESS LIMITED

VERTIKAL PRESS LIMITED (REGISTERED NUMBER: 03766294)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


VERTIKAL PRESS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: Mr L W Sparrow





SECRETARY: Mrs M L Sparrow





REGISTERED OFFICE: 18 Cross Lane
Helmdon
Northamptonshire
NN13 5QL





REGISTERED NUMBER: 03766294 (England and Wales)






VERTIKAL PRESS LIMITED (REGISTERED NUMBER: 03766294)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 28,000 28,000
Tangible assets 5 1,798 2,263
29,798 30,263

CURRENT ASSETS
Debtors 6 1,067,511 1,311,296
Cash at bank and in hand 3,049,859 2,755,169
4,117,370 4,066,465
CREDITORS
Amounts falling due within one year 7 331,478 577,503
NET CURRENT ASSETS 3,785,892 3,488,962
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,815,690

3,519,225

CAPITAL AND RESERVES
Called up share capital 83,747 83,747
Capital redemption reserve 4,653 4,653
Retained earnings 3,727,290 3,430,825
3,815,690 3,519,225

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

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

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 July 2024 and were signed by:





Mr L W Sparrow - Director


VERTIKAL PRESS LIMITED (REGISTERED NUMBER: 03766294)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

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

Intangible assets
Intangible Assets comprise of two publishing titles, "Cranes and Access" and "Kran und Bühne".

The published titles have a value that is substantial and long term. They were amortised over the estimated useful lives but no longer than 20 years except where the end of the useful economic life of the publishing title cannot be foreseen. The carrying value of the publishing titles with an indefinite life is subject to an annual review by the Director or provision for permanent impairment is charged against the profit in the year concerned.

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 - 20% on reducing balance
Fixtures and fittings - 20% on cost
Computer equipment - 33% on reducing balance

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
fixed
assets
£   
COST
At 1 November 2022
and 31 October 2023 28,000
NET BOOK VALUE
At 31 October 2023 28,000
At 31 October 2022 28,000

VERTIKAL PRESS LIMITED (REGISTERED NUMBER: 03766294)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 November 2022 9,694 9,604 11,309 30,607
Additions - - 2,686 2,686
At 31 October 2023 9,694 9,604 13,995 33,293
DEPRECIATION
At 1 November 2022 8,285 9,604 10,455 28,344
Charge for year 1,409 - 1,742 3,151
At 31 October 2023 9,694 9,604 12,197 31,495
NET BOOK VALUE
At 31 October 2023 - - 1,798 1,798
At 31 October 2022 1,409 - 854 2,263

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,024,268 1,157,951
Other debtors 43,243 153,345
1,067,511 1,311,296

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 54,248 56,033
Taxation and social security 78,913 112,202
Other creditors 198,317 409,268
331,478 577,503