Company Registration No. 09470108 (England and Wales)
Verstech Ltd
Unaudited accounts
for the year ended 31 March 2025
Verstech Ltd
Unaudited accounts
Contents
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
Verstech Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
3,072
2,572
Cash at bank and in hand
65,213
56,281
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)
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
Verstech Ltd
Notes to the Accounts
for the year ended 31 March 2025
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
At 31 March 2025
5,511
5,322
10,833
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
At 31 March 2025
1,234
1,838
3,072
At 31 March 2024
1,221
1,351
2,572
Verstech Ltd
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Amounts due from group undertakings etc.
319
285
Accrued income and prepayments
15,032
27,750
6
Creditors: amounts falling due within one year
2025
2024
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
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).