IRIS Accounts Production v25.1.3.33 11213580 director 1.3.24 28.2.25 28.2.25 false true false false true false Ordinary 1,000.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh112135802024-02-29112135802025-02-28112135802024-03-012025-02-28112135802023-02-28112135802023-03-012024-02-29112135802024-02-2911213580ns15:EnglandWales2024-03-012025-02-2811213580ns14:PoundSterling2024-03-012025-02-2811213580ns10:Director12024-03-012025-02-2811213580ns10:PrivateLimitedCompanyLtd2024-03-012025-02-2811213580ns10:SmallEntities2024-03-012025-02-2811213580ns10:AuditExempt-NoAccountantsReport2024-03-012025-02-2811213580ns10:SmallCompaniesRegimeForDirectorsReport2024-03-012025-02-2811213580ns10:SmallCompaniesRegimeForAccounts2024-03-012025-02-2811213580ns10:FullAccounts2024-03-012025-02-2811213580ns10:OrdinaryShareClass12024-03-012025-02-2811213580ns10:CompanySecretary12024-03-012025-02-2811213580ns10:RegisteredOffice2024-03-012025-02-2811213580ns5:CurrentFinancialInstruments2025-02-2811213580ns5:CurrentFinancialInstruments2024-02-2911213580ns5:ShareCapital2025-02-2811213580ns5:ShareCapital2024-02-2911213580ns5:RetainedEarningsAccumulatedLosses2025-02-2811213580ns5:RetainedEarningsAccumulatedLosses2024-02-2911213580ns5:CostValuation2024-02-2911213580ns5:DisposalsRepaymentsInvestments2025-02-2811213580ns5:CostValuation2025-02-2811213580ns10:OrdinaryShareClass12025-02-2811213580ns5:RetainedEarningsAccumulatedLosses2024-02-2911213580ns5:RetainedEarningsAccumulatedLosses2024-03-012025-02-281121358012024-03-012025-02-28
REGISTERED NUMBER: 11213580 (England and Wales)












Unaudited Financial Statements

for the Year Ended 28 February 2025

for

Vertical Realties Limited

Vertical Realties Limited (Registered number: 11213580)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Vertical Realties Limited

Company Information
for the Year Ended 28 February 2025







DIRECTOR: G Schneider





SECRETARY: MYUKOFFICE LTD





REGISTERED OFFICE: Westwood House
Annie Med Lane
South Cave
East Yorkshire
HU15 2HG





REGISTERED NUMBER: 11213580 (England and Wales)





ACCOUNTANTS: Try Lunn & Co
Chartered Accountants
Roland House
Princes Dock Street
Hull
HU1 2LD

Vertical Realties Limited (Registered number: 11213580)

Balance Sheet
28 February 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Investments 4 - 509,338

CREDITORS
Amounts falling due within one year 5 14,556 521,908
NET CURRENT LIABILITIES (14,556 ) (521,908 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(14,556

)

(12,570

)

CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Retained earnings 7 (15,556 ) (13,570 )
SHAREHOLDERS' FUNDS (14,556 ) (12,570 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 May 2025 and were signed by:





G Schneider - Director


Vertical Realties Limited (Registered number: 11213580)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Vertical Realties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The directors intend to carry out an orderly closure of the company. The accounts have therefore been prepared on the break up basis.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Investments
Investments are recognized in the balance sheet at their original cost plus/minus any exchange rate differences.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 March 2024 517,508
Disposals (517,508 )
At 28 February 2025 -
PROVISIONS
At 1 March 2024 8,170

Eliminated on disposal (8,170 )
At 28 February 2025 -
NET BOOK VALUE
At 28 February 2025 -
At 29 February 2024 509,338

Vertical Realties Limited (Registered number: 11213580)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Amounts owed to group undertakings - 5,842
Other creditors 14,556 516,066
14,556 521,908

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
1,000 Ordinary 1000 1,000 1,000

7. RESERVES
Retained
earnings
£   

At 1 March 2024 (13,570 )
Deficit for the year (1,986 )
At 28 February 2025 (15,556 )

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 28 February 2025 the Company owed the director, G Schneider £NIL (2024 - £10,458). This loan was repaid during the year.

9. ULTIMATE CONTROLLING PARTY

The parent company of Vertical Realties Limited is Avatargen Ltd.

The ultimate controlling party is M Vasile.