Vertex ODK Ltd 15000265 true 2023-07-13 2024-09-30 2024-09-30 The principal activity of the company is that of a dormant company. Digita Accounts Production Advanced 6.30.9574.0 true M C Coverley S K Esdaile M Gough true 15000265 2023-07-13 2024-09-30 15000265 2024-09-30 15000265 bus:Director1 2024-09-30 15000265 bus:Director2 2024-09-30 15000265 bus:Director3 2024-09-30 15000265 bus:OrdinaryShareClass1 2024-09-30 15000265 core:ShareCapital 2024-09-30 15000265 core:CurrentFinancialInstruments 2024-09-30 15000265 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 15000265 bus:FRS102 2023-07-13 2024-09-30 15000265 bus:AuditExempt-NoAccountantsReport 2023-07-13 2024-09-30 15000265 bus:FullAccounts 2023-07-13 2024-09-30 15000265 bus:RegisteredOffice 2023-07-13 2024-09-30 15000265 bus:Director1 2023-07-13 2024-09-30 15000265 bus:Director2 2023-07-13 2024-09-30 15000265 bus:Director3 2023-07-13 2024-09-30 15000265 bus:OrdinaryShareClass1 2023-07-13 2024-09-30 15000265 bus:EntityHasNeverTraded 2023-07-13 2024-09-30 15000265 bus:PrivateLimitedCompanyLtd 2023-07-13 2024-09-30 15000265 bus:Agent1 2023-07-13 2024-09-30 15000265 countries:EnglandWales 2023-07-13 2024-09-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 15000265

Vertex ODK Ltd

Annual Report and Unaudited Financial Statements

for the Period from 13 July 2023 to 30 September 2024

 

Vertex ODK Ltd

Contents

Company Information

1

Directors' Report

2

Income statement

3

Statement of Financial Position

4

Notes to the Unaudited Financial Statements

5 to 6

 

Vertex ODK Ltd

Company Information

Directors

M C Coverley

S K Esdaile

M Gough

Registered office

145 High Street
Old Woking
Woking
Surrey
GU22 9JW

Accountants

Shaw Gibbs Limited Salatin House
19 Cedar Road
Sutton
Surrey
SM2 5DA

 

Vertex ODK Ltd

Directors' Report
for the Period from 13 July 2023 to 30 September 2024

The directors present their report and the financial statements for the period from 13 July 2023 to 30 September 2024.

Incorporation

The company was incorporated on 13 July 2023.

Principal activity

The principal activity of the company is that of a dormant company.

Directors of the company

The directors who held office during the period were as follows:

M C Coverley (appointed 13 July 2023)

S K Esdaile (appointed 13 July 2023)

M Gough (appointed 13 July 2023)

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis in preparing the annual financial statements.

Small companies provision statement

The directors have taken advantage of the small companies exemptions provided by sections 414B and 415A of the Companies Act 2006 from the requirement to prepare a strategic report and in preparing the directors’ report on the grounds that the company is entitled to prepare its accounts for the year in accordance with the small companies regime.

Approved and authorised by the Board on 11 April 2025 and signed on its behalf by:
 

.........................................
M Gough
Director

 

Vertex ODK Ltd

Income statement
for the Period from 13 July 2023 to 30 September 2024

The company has not traded during the period. During this period, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Vertex ODK Ltd

(Registration number: 15000265)
Statement of Financial Position as at 30 September 2024

Note

2024
£

Current assets

 

Receivables

3

100

Equity

 

Called up share capital

4

100

Shareholders' funds

 

100

For the financial period ending 30 September 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 11 April 2025 and signed on its behalf by:
 

.........................................
M Gough
Director

 

Vertex ODK Ltd

Notes to the Unaudited Financial Statements
for the Period from 13 July 2023 to 30 September 2024

1

General information

Vertex ODK Ltd (the 'company') is a private company limited by share capital, registered in England and Wales under the Companies Act. The address of the registered office is given on page 1. The nature of the company’s operations and its principal activities are set out in the directors' report on page 2.

These financial statements were authorised for issue by the Board on 11 April 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The functional currency of the company is considered to be pound sterling (£) because that is the currency of the primary economic environment in which the company operates. The financial statements are presented in pound sterling (£).

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis in preparing the annual financial statements.

Receivables

Receivables are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of receivables is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Vertex ODK Ltd

Notes to the Unaudited Financial Statements
for the Period from 13 July 2023 to 30 September 2024 (continued)

2

Accounting policies (continued)

Financial instruments

Classification
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
 

3

Receivables

Current

2024
£

Other receivables

100

 

100

4

Share capital

Allotted, called up and not fully paid shares

2024

No.

£

Ordinary shares of £1 each

100

100

   

New shares allotted

During the period 100 Ordinary shares having an aggregate nominal value of £100 were allotted for an aggregate consideration of £100. The shares were allotted on the incorporation of the company.