Registration number:
Verismart Newcastle Limited
for the Year Ended 31 March 2024
Verismart Newcastle Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
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Detailed Profit and Loss Account |
Verismart Newcastle Limited
Company Information
Director |
Sheida Karam-Aslam |
Registered office |
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Accountants |
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Verismart Newcastle Limited
(Registration number: 13279726)
Balance Sheet as at 31 March 2024
2024 |
2023 |
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Fixed assets |
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Current assets |
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Prepayments and accrued income |
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- |
Creditors: Amounts falling due within one year |
( |
( |
Net current liabilities |
( |
( |
Total assets less current liabilities |
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Accruals and deferred income |
( |
( |
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Capital and reserves |
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General information |
The company is a private company limited by share capital, incorporated in United Kingdom.
The address of its registered office is:
United Kingdom
These financial statements were authorised for issue by the
Basis of preparation
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Verismart Newcastle Limited
(Registration number: 13279726)
Balance Sheet as at 31 March 2024 (continued)
These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
......................................... |
Verismart Newcastle Limited
Detailed Profit and Loss Account for the Year Ended 31 March 2024
2024 |
2023 |
|
Turnover (analysed below) |
43,845 |
40,622 |
Cost of sales (analysed below) |
(14,822) |
(14,796) |
Gross profit |
29,023 |
25,826 |
Gross profit (%) |
66.19% |
63.58% |
Administrative expenses |
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Employment costs (analysed below) |
(9,289) |
(1,119) |
Establishment costs (analysed below) |
(1,966) |
(1,684) |
General administrative expenses (analysed below) |
(7,929) |
(9,625) |
Depreciation costs (analysed below) |
(4,647) |
(4,584) |
(23,831) |
(17,012) |
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Operating profit |
5,192 |
8,814 |
Interest payable and similar expenses (analysed below) |
(502) |
(500) |
Profit before tax |
4,690 |
8,314 |
Verismart Newcastle Limited
Detailed Profit and Loss Account for the Year Ended 31 March 2024 (continued)
2024 |
2023 |
Turnover |
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Sale of goods, UK |
9,000 |
- |
Rendering of services, UK |
34,845 |
40,622 |
43,845 |
40,622 |
Cost of sales |
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Direct costs |
(6,573) |
(6,033) |
Subcontract cost |
(8,249) |
(8,763) |
(14,822) |
(14,796) |
Employment costs |
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Directors remuneration |
(9,100) |
- |
Staff training |
(189) |
(1,119) |
(9,289) |
(1,119) |
Establishment costs |
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Insurance |
(706) |
(353) |
Use of home as office |
(1,200) |
(1,200) |
Repairs and renewals |
(60) |
(131) |
(1,966) |
(1,684) |
General administrative expenses |
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Computer software and maintenance costs |
- |
(267) |
Printing, postage and stationery |
(1,045) |
(819) |
Sundry expenses |
55 |
(109) |
Travel and subsistence |
(3,502) |
(5,972) |
Advertising |
(659) |
(89) |
Customer entertaining (disallowable for tax) |
(155) |
(155) |
Accountancy fees |
(2,461) |
(2,214) |
Consulting |
(162) |
- |
(7,929) |
(9,625) |
Depreciation costs |
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Amortisation of goodwill |
(4,355) |
(4,355) |
Depreciation of office equipment (owned) |
(292) |
(229) |
(4,647) |
(4,584) |
Interest payable and similar expenses |
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Other interest payable |
(502) |
(500) |