Registration number:
Vertex ODK Ltd
for the Period from 13 July 2023 to 30 September 2024
Vertex ODK Ltd
Contents
Company Information |
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Directors' Report |
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Income statement |
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Statement of Financial Position |
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Notes to the Unaudited Financial Statements |
Vertex ODK Ltd
Company Information
Directors |
M C Coverley S K Esdaile M Gough |
Registered office |
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Accountants |
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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
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:
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
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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 |
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Current assets |
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Receivables |
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Equity |
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Called up share capital |
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Shareholders' funds |
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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:
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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
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Vertex ODK Ltd
Notes to the Unaudited Financial Statements
for the Period from 13 July 2023 to 30 September 2024
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
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
Receivables |
Current |
2024 |
Other receivables |
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Share capital |
Allotted, called up and not fully paid shares
2024 |
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No. |
£ |
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100 |
New shares allotted
During the period 100 |