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REGISTERED NUMBER: 07870285 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Vesaro Limited

Vesaro Limited (Registered number: 07870285)






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

Report of the Accountants 7

Vesaro Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: N Slade





REGISTERED OFFICE: 26 Bell Street
Sawbridgeworth
Hertfordshire
CM21 9AN





REGISTERED NUMBER: 07870285 (England and Wales)





ACCOUNTANTS: Lawrence & Company
Chartered Certified Accountants
26 Bell Street
Sawbridgeworth
Hertfordshire
CM21 9AN

Vesaro Limited (Registered number: 07870285)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 125,483 57,905

CURRENT ASSETS
Stocks 5 249,867 240,886
Debtors 6 56,591 -
Cash at bank 891,621 469,604
1,198,079 710,490
CREDITORS
Amounts falling due within one year 7 673,948 272,956
NET CURRENT ASSETS 524,131 437,534
TOTAL ASSETS LESS CURRENT
LIABILITIES

649,614

495,439

CREDITORS
Amounts falling due after more than one
year

8

21,755

31,755
NET ASSETS 627,859 463,684

CAPITAL AND RESERVES
Called up share capital 9 2,000 2,000
Retained earnings 625,859 461,684
SHAREHOLDERS' FUNDS 627,859 463,684

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 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.

Vesaro Limited (Registered number: 07870285)

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.

The financial statements were approved by the director and authorised for issue on 25 April 2024 and were signed by:





N Slade - Director


Vesaro Limited (Registered number: 07870285)

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

1. STATUTORY INFORMATION

Vesaro Limited 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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 44 (2022 - 29 ) .

Vesaro Limited (Registered number: 07870285)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 143,513 5,196 28,380 15,064 192,153
Additions 84,878 657 12,995 10,751 109,281
At 31 December 2023 228,391 5,853 41,375 25,815 301,434
DEPRECIATION
At 1 January 2023 93,126 3,801 24,592 12,729 134,248
Charge for year 33,816 520 4,196 3,171 41,703
At 31 December 2023 126,942 4,321 28,788 15,900 175,951
NET BOOK VALUE
At 31 December 2023 101,449 1,532 12,587 9,915 125,483
At 31 December 2022 50,387 1,395 3,788 2,335 57,905

5. STOCKS
31.12.23 31.12.22
£    £   
Stocks 249,867 240,886

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
VAT debtor 56,591 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 10,000 25,800
Trade creditors 607,555 200,000
Taxation 46,627 2,890
Social security and other taxes - 40,766
Directors' current accounts 6,766 -
Accrued expenses 3,000 3,500
673,948 272,956

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 11,755 21,755
21,755 31,755

Vesaro Limited (Registered number: 07870285)

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

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
2,000 Ordinary £1 2,000 2,000

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.12.23 31.12.22
£    £   
N Slade
Balance outstanding at start of year - (1,589 )
Amounts advanced - 1,589
Amounts repaid (6,766 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (6,766 ) -

11. RELATED PARTY DISCLOSURES

The director controls the company by virtue of a direct controlling interest of 100% of the issued ordinary share capital.

Vesaro Limited

Report of the Accountants to the Director of
Vesaro Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2023 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Lawrence & Company
Chartered Certified Accountants
26 Bell Street
Sawbridgeworth
Hertfordshire
CM21 9AN


25 April 2024