Company Registration No. 10627124 (England and Wales)
VERISUB LTD
Unaudited accounts
for the period from 1 March 2023 to 28 February 2024
VERISUB LTD
Unaudited accounts
Contents
VERISUB LTD
Company Information
for the period from 1 March 2023 to 28 February 2024
Company Number
10627124 (England and Wales)
Registered Office
COUCHAYES COTTAGE COUCHES LANE
WOODBURY
EXETER
DEVON
EX5 1HL
UNITED KINGDOM
Accountants
Philip Gurnhill Accountants
FIRST FLOOR 6 GLOUCESTER STREET
MALMESBURY
Wiltshire
SN16 0AA
VERISUB LTD
Statement of financial position
as at 28 February 2024
Cash at bank and in hand
1,188,151
461,197
Creditors: amounts falling due within one year
(649,451)
(809,604)
Net current assets
881,160
557,211
Net assets
882,116
559,514
Called up share capital
100
100
Profit and loss account
882,016
559,414
Shareholders' funds
882,116
559,514
For the period ending 28 February 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 director acknowledges his 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 and authorised for issue on 27 June 2024 and were signed on its behalf by
Damian Francis
Director
Company Registration No. 10627124
VERISUB LTD
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
VERISUB LTD is a private company, limited by shares, registered in England and Wales, registration number 10627124. The registered office is COUCHAYES COTTAGE COUCHES LANE, WOODBURY, EXETER, DEVON, EX5 1HL, UNITED KINGDOM.
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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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
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Tangible fixed assets
Computer equipment
Charge for the period
2,090
Amounts falling due within one year
Trade debtors
327,385
886,342
VERISUB LTD
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
330,374
620,178
Taxes and social security
112,685
75,029
Proposed dividends
50,000
50,000
Other creditors
1,832
4,642
Loans from directors
14,575
14,575
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Average number of employees
During the period the average number of employees was 2 (2023: 2).