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REGISTERED NUMBER: 14229230 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Verified Digital Ltd

Verified Digital Ltd (Registered number: 14229230)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Verified Digital Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mr Harry James Rawsthorne
Mr Tom Yeulet
Mr Paul Clement





REGISTERED OFFICE: 21
Gloucester Place
London
W1U 8HR





REGISTERED NUMBER: 14229230 (England and Wales)





ACCOUNTANTS: Inca Accountants Ltd
Chartered Certified Accountants
Central Office
Cobweb Buildings
The Lane, Lyford
Nr Wantage
Oxfordshire
OX12 0EE

Verified Digital Ltd (Registered number: 14229230)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 - 262

CURRENT ASSETS
Debtors 5 1,140,630 -
Cash at bank 54,284 9,624
1,194,914 9,624
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

6

(459,955

)

(65,271

)
NET CURRENT ASSETS/(LIABILITIES) 734,959 (55,647 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

734,959

(55,385

)

CAPITAL AND RESERVES
Called up share capital 100 -
Retained earnings 734,859 (55,385 )
734,959 (55,385 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Verified Digital Ltd (Registered number: 14229230)

Balance Sheet - continued
31 December 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 Income Statement has not been delivered.

Approved and authorised by the Board of Directors and authorised for issue on 9 September 2024 and were signed on its behalf by:





Mr Harry James Rawsthorne - Director


Verified Digital Ltd (Registered number: 14229230)

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

1. STATUTORY INFORMATION

Verified Digital 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 2 ) .

Verified Digital Ltd (Registered number: 14229230)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 January 2023 350
Disposals (28 )
At 31 December 2023 322
DEPRECIATION
At 1 January 2023 88
Charge for year 234
At 31 December 2023 322
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 262

5. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 581,442 -
Other debtors 12,062 -
593,504 -

Amounts falling due after more than one year:
Amounts owed by associates 479,425 -
Other debtors 67,701 -
547,126 -

Aggregate amounts 1,140,630 -

Verified Digital Ltd (Registered number: 14229230)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 41,845 -
Taxation and social security 248,502 -
Other creditors 169,608 65,271
459,955 65,271