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Company Registration No. 14027723 (England and Wales)
VERX NETWORK SERVICES LTD Unaudited accounts for the year ended 30 April 2024
VERX NETWORK SERVICES LTD Unaudited accounts Contents
Page
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VERX NETWORK SERVICES LTD Company Information for the year ended 30 April 2024
Directors
Georgia Luton Lewis Miles
Company Number
14027723 (England and Wales)
Registered Office
Suite 10 Waterham Business Park Highstreet Road, Hernhill Faversham Kent ME13 9EJ England
Accountants
Eco Accountancy Services Ltd Suite 2074 Letraset Building Wotton Road TN23 6LN
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VERX NETWORK SERVICES LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Called up share capital not paid
100 
100 
Fixed assets
Tangible assets
13,941 
34,187 
Current assets
Debtors
91,359 
116,958 
Cash at bank and in hand
7,164 
15,487 
98,523 
132,445 
Creditors: amounts falling due within one year
(57,400)
(39,840)
Net current assets
41,123 
92,605 
Net assets
55,164 
126,892 
Capital and reserves
Profit and loss account
55,164 
126,892 
Shareholders' funds
55,164 
126,892 
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 September 2024 and were signed on its behalf by
Lewis Miles Director Company Registration No. 14027723
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VERX NETWORK SERVICES LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
VERX NETWORK SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 14027723. The registered office is Suite 10, Waterham Business Park, Highstreet Road, Hernhill, Faversham, Kent, ME13 9EJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Straight line 33% per year
Motor vehicles
Straight line 25% per year
Computer equipment
Straight line 33% per year
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
3,643 
32,733 
4,902 
41,278 
Additions
857 
8,083 
974 
9,914 
Disposals
- 
(32,425)
- 
(32,425)
At 30 April 2024
4,500 
8,391 
5,876 
18,767 
Depreciation
At 1 May 2023
665 
5,591 
835 
7,091 
Charge for the year
1,184 
8,744 
1,547 
11,475 
On disposals
- 
(13,740)
- 
(13,740)
At 30 April 2024
1,849 
595 
2,382 
4,826 
Net book value
At 30 April 2024
2,651 
7,796 
3,494 
13,941 
At 30 April 2023
2,978 
27,142 
4,067 
34,187 
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VERX NETWORK SERVICES LTD Notes to the Accounts for the year ended 30 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
14,892 
920 
Trade debtors
38,611 
20,308 
Other debtors
37,856 
95,730 
91,359 
116,958 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
5,269 
- 
Taxes and social security
34,598 
35,407 
Other creditors
10,170 
3,211 
Loans from directors
7,363 
1,222 
57,400 
39,840 
7
Average number of employees
During the year the average number of employees was 5 (2023: 2).
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