VERTICAL BRANDS LTD

Company Registration Number:
14254961 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

VERTICAL BRANDS LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Notes

VERTICAL BRANDS LTD

Balance sheet

As at 31 July 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 1,339 1,785
Total fixed assets: 1,339 1,785
Current assets
Debtors:   92,992 82,075
Cash at bank and in hand: 72,626 24,555
Total current assets: 165,618 106,630
Creditors: amounts falling due within one year:   (87,521) (57,098)
Net current assets (liabilities): 78,097 49,532
Total assets less current liabilities: 79,436 51,317
Creditors: amounts falling due after more than one year:   0 (319)
Provision for liabilities: (335) (446)
Total net assets (liabilities): 79,101 50,552
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 79,001 50,452
Shareholders funds: 79,101 50,552

The notes form part of these financial statements

VERTICAL BRANDS LTD

Balance sheet statements

For the year ending 31 July 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 16 September 2024
and signed on behalf of the board by:

Name: Aran Spencer- Higgins
Status: Director

The notes form part of these financial statements

VERTICAL BRANDS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

VERTICAL BRANDS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

VERTICAL BRANDS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible Assets

Total
Cost £
At 01 August 2023 2,274
At 31 July 2024 2,274
Depreciation
At 01 August 2023 489
Charge for year 446
At 31 July 2024 935
Net book value
At 31 July 2024 1,339
At 31 July 2023 1,785