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Company Registration No. 09470108 (England and Wales)
Verstech Ltd Unaudited accounts for the year ended 31 March 2025
Verstech Ltd Unaudited accounts Contents
Page
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Verstech Ltd Company Information for the year ended 31 March 2025
Directors
WALLOM, Nicholas Anthony WILLIAMSON, Kyle Michael
Company Number
09470108 (England and Wales)
Registered Office
Bayside Business Centre 48 Willis Way Poole Dorset BH15 3TB
Accountants
Atreus Accountants Ltd. Arena Business Centre 9 Nimrod Way Wimborne Dorset BH21 7UH
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Verstech Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,072 
2,572 
Current assets
Inventories
- 
156 
Debtors
21,096 
31,213 
Cash at bank and in hand
65,213 
56,281 
86,309 
87,650 
Creditors: amounts falling due within one year
(53,275)
(51,589)
Net current assets
33,034 
36,061 
Total assets less current liabilities
36,106 
38,633 
Creditors: amounts falling due after more than one year
(30,581)
(35,965)
Net assets
5,525 
2,668 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
5,523 
2,666 
Shareholders' funds
5,525 
2,668 
For the year ending 31 March 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 27 May 2025 and were signed on its behalf by
WALLOM, Nicholas Anthony Director Company Registration No. 09470108
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Verstech Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Verstech Ltd is a private company, limited by shares, registered in England and Wales, registration number 09470108. The registered office is Bayside Business Centre, 48 Willis Way, Poole, Dorset, BH15 3TB.
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:
Fixtures & fittings
25% reducing balance method
Computer equipment
25% reducing balance method
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
5,086 
4,222 
9,308 
Additions
425 
1,100 
1,525 
At 31 March 2025
5,511 
5,322 
10,833 
Depreciation
At 1 April 2024
3,865 
2,871 
6,736 
Charge for the year
412 
613 
1,025 
At 31 March 2025
4,277 
3,484 
7,761 
Net book value
At 31 March 2025
1,234 
1,838 
3,072 
At 31 March 2024
1,221 
1,351 
2,572 
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Verstech Ltd Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,795 
2,778 
Amounts due from group undertakings etc.
319 
285 
Accrued income and prepayments
15,032 
27,750 
Other debtors
1,950 
400 
21,096 
31,213 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
8,304 
8,898 
Trade creditors
5,918 
7,688 
Taxes and social security
27,020 
27,627 
Other creditors
11,843 
5,482 
Loans from directors
190 
1,894 
53,275 
51,589 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
30,581 
35,965 
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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