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Company Registration No. 12763504 (England and Wales)
Vernix Limited Unaudited accounts for the year ended 31 July 2024
Vernix Limited Unaudited accounts Contents
Page
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Vernix Limited Company Information for the year ended 31 July 2024
Director
Farzana Jahan
Company Number
12763504 (England and Wales)
Registered Office
Fernhills House Foerster Chambers Todd Street Bury Lancashire BL9 5BJ England
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Vernix Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
13,200 
15,400 
Tangible assets
10,788 
12,586 
23,988 
27,986 
Current assets
Inventories
18,395 
15,272 
Debtors
14,326 
11,753 
Cash at bank and in hand
15,991 
12,749 
48,712 
39,774 
Creditors: amounts falling due within one year
(135,929)
(140,072)
Net current liabilities
(87,217)
(100,298)
Net liabilities
(63,229)
(72,312)
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(63,239)
(72,322)
Shareholders' funds
(63,229)
(72,312)
For the year ending 31 July 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 her 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 1 August 2024 and were signed on its behalf by
Farzana Jahan Director Company Registration No. 12763504
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Vernix Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Vernix Limited is a private company, limited by shares, registered in England and Wales, registration number 12763504. The registered office is Fernhills House Foerster Chambers, Todd Street, Bury, Lancashire, BL9 5BJ, 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.
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
10
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 August 2023
22,000 
At 31 July 2024
22,000 
Amortisation
At 1 August 2023
6,600 
Charge for the year
2,200 
At 31 July 2024
8,800 
Net book value
At 31 July 2024
13,200 
At 31 July 2023
15,400 
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Vernix Limited Notes to the Accounts for the year ended 31 July 2024
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 August 2023
17,980 
At 31 July 2024
17,980 
Depreciation
At 1 August 2023
5,394 
Charge for the year
1,798 
At 31 July 2024
7,192 
Net book value
At 31 July 2024
10,788 
At 31 July 2023
12,586 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
14,326 
11,753 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
12,489 
13,802 
Trade creditors
57,826 
54,837 
Taxes and social security
12,955 
13,629 
Other creditors
24,359 
25,436 
Loans from directors
9,753 
11,401 
Accruals
18,547 
20,967 
135,929 
140,072 
8
Average number of employees
During the year the average number of employees was 7 (2023: 7).
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