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REGISTERED NUMBER: 12132180 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

FOR

VERTUS PROFESSIONAL SERVICES LTD

VERTUS PROFESSIONAL SERVICES LTD (REGISTERED NUMBER: 12132180)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


VERTUS PROFESSIONAL SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTOR: Dr K M Boden





REGISTERED OFFICE: 1 Highlands Road
Reigate
Surrey
RH2 0LA





REGISTERED NUMBER: 12132180 (England and Wales)





ACCOUNTANTS: GBJ Financial Limited
Sterling House
27 Hatchlands Road
Redhill
Surrey
RH1 6RW

VERTUS PROFESSIONAL SERVICES LTD (REGISTERED NUMBER: 12132180)

BALANCE SHEET
31 AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,003,875 825,000

CURRENT ASSETS
Debtors 5 3,469,664 3,226,654
Cash at bank 784,818 197,497
4,254,482 3,424,151
CREDITORS
Amounts falling due within one year 6 257,475 389,393
NET CURRENT ASSETS 3,997,007 3,034,758
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,000,882

3,859,758

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 5,000,872 3,859,748
5,000,882 3,859,758

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

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

VERTUS PROFESSIONAL SERVICES LTD (REGISTERED NUMBER: 12132180)

BALANCE SHEET - continued
31 AUGUST 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 29 August 2024 and were signed by:





Dr K M Boden - Director


VERTUS PROFESSIONAL SERVICES LTD (REGISTERED NUMBER: 12132180)

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


1. STATUTORY INFORMATION

Vertus Professional Services 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 as modified by the revaluation of certain assets.

Investments
Fixed asset investments are measured at fair value. Changes in fair value are recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 September 2022 825,000
Additions 200,296
Disposals (21,421 )
At 31 August 2023 1,003,875
NET BOOK VALUE
At 31 August 2023 1,003,875
At 31 August 2022 825,000

Cost or valuation at 31 August 2023 is represented by:

Other
investments
£   
Cost 1,003,875

VERTUS PROFESSIONAL SERVICES LTD (REGISTERED NUMBER: 12132180)

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


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 214,624 297,334
Other debtors 3,255,040 2,929,320
3,469,664 3,226,654

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 253,542 338,968
Other creditors 3,933 50,425
257,475 389,393

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2023 and 31 August 2022:

2023 2022
£    £   
Dr K M Boden
Balance outstanding at start of year - -
Amounts advanced 25,657 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 25,657 -