Verfides Secretarial Services (London) Limited 03165072 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is that of an investment company. Digita Accounts Production Advanced 6.30.9574.0 true false 03165072 2023-01-01 2023-12-31 03165072 2023-12-31 03165072 core:Non-currentFinancialInstruments 2023-12-31 03165072 bus:SmallEntities 2023-01-01 2023-12-31 03165072 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 03165072 bus:AbridgedAccounts 2023-01-01 2023-12-31 03165072 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 03165072 bus:RegisteredOffice 2023-01-01 2023-12-31 03165072 bus:Director3 2023-01-01 2023-12-31 03165072 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03165072 countries:UnitedKingdom 2023-01-01 2023-12-31 03165072 core:CostValuation core:Non-currentFinancialInstruments 2022-12-31 03165072 2022-01-01 2022-12-31 03165072 2022-12-31 03165072 core:Non-currentFinancialInstruments 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 03165072

Verfides Secretarial Services (London) Limited

Annual Report and Unaudited Abridged Financial Statements

for the Year Ended 31 December 2023

 

Verfides Secretarial Services (London) Limited

Contents

Company Information

1

Director's Report

2

Abridged Balance Sheet

3

Notes to the Unaudited Abridged Financial Statements

4 to 5

 

Verfides Secretarial Services (London) Limited

Company Information

Director

A. Soave

Registered office

5th Floor
86 Jermyn Street
London
SW1Y 6AW

Accountants

Verfides
5th Floor
86 Jermyn Street
London
SW1Y 6AW

 

Verfides Secretarial Services (London) Limited

Director's Report for the Year Ended 31 December 2023

The director presents her report and the abridged financial statements for the year ended 31 December 2023.

Director of the company

The director who held office during the year was as follows:

A. Soave

Principal activity

The principal activity of the company is that of an investment company.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 16 August 2024
 

.........................................
A. Soave
Director

 

Verfides Secretarial Services (London) Limited

(Registration number: 03165072)
Abridged Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Investments

4

110

110

Capital and reserves

 

Called up share capital

2

2

Retained earnings

108

108

Shareholders' funds

 

110

110

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

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 16 August 2024
 

.........................................

A. Soave

Director

 

Verfides Secretarial Services (London) Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
5th Floor
86 Jermyn Street
London
SW1Y 6AW

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged 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).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Pound Sterling which is the functional currency of the company and are rounded to the nearest whole Pound.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Verfides Secretarial Services (London) Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2023

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

4

Investments

Total
£

Cost or valuation

At 1 January 2023

110

Carrying amount

At 31 December 2023

110

At 31 December 2022

110