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Company Registration No. 11920755 (England and Wales)
Verrom Limited Unaudited accounts for the year ended 31 May 2024
Verrom Limited Unaudited accounts Contents
Page
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Verrom Limited Company Information for the year ended 31 May 2024
Director
Roman Vladyka
Company Number
11920755 (England and Wales)
Registered Office
60 Carr Road Northolt Middlesex UB5 4RA ENGLAND
Accountants
Bainton Swift Accountancy 4 Birch Close, Snettisham Snettisham King's Lynn Norfolk PE31 7RP
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Verrom Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,568 
7,917 
Current assets
Debtors
92,189 
128,127 
Cash at bank and in hand
5,386 
14,823 
97,575 
142,950 
Creditors: amounts falling due within one year
(32,547)
(90,929)
Net current assets
65,028 
52,021 
Net assets
71,596 
59,938 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
71,595 
59,937 
Shareholders' funds
71,596 
59,938 
For the year ending 31 May 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 5 January 2025 and were signed on its behalf by
Roman Vladyka Director Company Registration No. 11920755
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Verrom Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Verrom Limited is a private company, limited by shares, registered in England and Wales, registration number 11920755. The registered office is 60 Carr Road, Northolt, Middlesex, UB5 4RA, ENGLAND.
2
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% straight line
Motor vehicles
25% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
3,336 
6,286 
6,287 
15,909 
Additions
- 
- 
2,170 
2,170 
At 31 May 2024
3,336 
6,286 
8,457 
18,079 
Depreciation
At 1 June 2023
503 
5,368 
2,121 
7,992 
Charge for the year
834 
1,571 
1,114 
3,519 
At 31 May 2024
1,337 
6,939 
3,235 
11,511 
Net book value
At 31 May 2024
1,999 
(653)
5,222 
6,568 
At 31 May 2023
2,833 
918 
4,166 
7,917 
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Verrom Limited Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,019 
8,509 
Other debtors
85,170 
119,618 
92,189 
128,127 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(115)
(2,893)
Trade creditors
1,852 
3,563 
Taxes and social security
22,441 
59,235 
Other creditors
375 
- 
Loans from directors
7,994 
31,024 
32,547 
90,929 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Loans to directors
£7,994 was due to director at the end of the period (2023: £3,025)
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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