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REGISTERED NUMBER: 09569412 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Versalius Marketing Limited

Versalius Marketing Limited (Registered number: 09569412)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Versalius Marketing Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Dr P O'Connor
Ms F Winter





REGISTERED OFFICE: 3 Park Square
Leeds
LS1 2NE





REGISTERED NUMBER: 09569412 (England and Wales)





ACCOUNTANTS: Charles Stewart & Co Limited
3 Park Square
Leeds
LS1 2NE

Versalius Marketing Limited (Registered number: 09569412)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 45,600 57,000
Investments 6 3,000 3,000
48,600 60,000

CURRENT ASSETS
Debtors 7 6,754 70,413
Cash at bank 355,536 256,576
362,290 326,989
CREDITORS
Amounts falling due within one year 8 5,103 15,183
NET CURRENT ASSETS 357,187 311,806
TOTAL ASSETS LESS CURRENT
LIABILITIES

405,787

371,806

PROVISIONS FOR LIABILITIES 9 1,382 1,949
NET ASSETS 404,405 369,857

CAPITAL AND RESERVES
Called up share capital 10 3,000 3,000
Retained earnings 11 401,405 366,857
SHAREHOLDERS' FUNDS 404,405 369,857

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.

Versalius Marketing Limited (Registered number: 09569412)

Balance Sheet - continued
31 May 2024


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 Board of Directors and authorised for issue on 17 January 2025 and were signed on its behalf by:





Dr P O'Connor - Director


Versalius Marketing Limited (Registered number: 09569412)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Versalius Marketing 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents net invoiced sales of services provided, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 20% on cost

Investments in associates
Investments in associate undertakings are recognised at 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.

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 1 (2023 - 1 ) .

Versalius Marketing Limited (Registered number: 09569412)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2023
and 31 May 2024 10,857
AMORTISATION
At 1 June 2023
and 31 May 2024 10,857
NET BOOK VALUE
At 31 May 2024 -
At 31 May 2023 -

5. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 June 2023
and 31 May 2024 57,000
DEPRECIATION
Charge for year 11,400
At 31 May 2024 11,400
NET BOOK VALUE
At 31 May 2024 45,600
At 31 May 2023 57,000

6. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 1 June 2023
and 31 May 2024 3,000
NET BOOK VALUE
At 31 May 2024 3,000
At 31 May 2023 3,000

Versalius Marketing Limited (Registered number: 09569412)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors - 46,709
Amounts owed by related undertakings - 16,488
Prepayments 6,754 7,216
6,754 70,413

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Corporation tax 3,385 3,465
Directors' current accounts 218 10,218
Accrued expenses 1,500 1,500
5,103 15,183

9. PROVISIONS FOR LIABILITIES
31.5.24 31.5.23
£    £   
Deferred tax 1,382 1,949

Deferred
tax
£   
Balance at 1 June 2023 1,949
Provided during year (567 )
Balance at 31 May 2024 1,382

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
2,000 Ordinary £1 2,000 3,000
1,000 Ordinary B £1 1,000 -
3,000 3,000

During the year 1,000 ordinary shares were redesignated into ordinary B shares.

Versalius Marketing Limited (Registered number: 09569412)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

11. RESERVES
Retained
earnings
£   

At 1 June 2023 366,857
Profit for the year 64,548
Dividends (30,000 )
At 31 May 2024 401,405

12. RELATED PARTY DISCLOSURES

During the period the company raised invoices totalling £80,000 (2023: £80,000) to Skeletal Imaging Limited, a company of which Dr P O'Connor and Ms F Winter are both directors.

At 31 May 2024 the company was owed an amount of £Nil (2023: £16,488) from Skeletal Imaging Ltd.

During the period the company paid dividends totalling £30,000 (2023: £28,000) to its directors.

13. ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of its directors.