IRIS Accounts Production v25.1.4.42 11198383 Board of Directors Board of Directors 1.12.23 30.11.24 30.11.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh111983832023-11-30111983832024-11-30111983832023-12-012024-11-30111983832022-11-30111983832022-12-012023-11-30111983832023-11-3011198383ns15:EnglandWales2023-12-012024-11-3011198383ns14:PoundSterling2023-12-012024-11-3011198383ns10:Director12023-12-012024-11-3011198383ns10:Director22023-12-012024-11-3011198383ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3011198383ns10:SmallEntities2023-12-012024-11-3011198383ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3011198383ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3011198383ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3011198383ns10:FullAccounts2023-12-012024-11-301119838312023-12-012024-11-3011198383ns10:OrdinaryShareClass12023-12-012024-11-3011198383ns10:RegisteredOffice2023-12-012024-11-3011198383ns5:CurrentFinancialInstruments2024-11-3011198383ns5:CurrentFinancialInstruments2023-11-3011198383ns5:ShareCapital2024-11-3011198383ns5:ShareCapital2023-11-3011198383ns5:RetainedEarningsAccumulatedLosses2024-11-3011198383ns5:RetainedEarningsAccumulatedLosses2023-11-3011198383ns5:IntangibleAssetsOtherThanGoodwill2023-12-012024-11-3011198383ns5:ComputerSoftware2023-12-012024-11-3011198383ns5:FurnitureFittings2023-12-012024-11-3011198383ns5:ComputerEquipment2023-12-012024-11-3011198383ns5:IntangibleAssetsOtherThanGoodwill2023-11-3011198383ns5:IntangibleAssetsOtherThanGoodwill2024-11-3011198383ns5:IntangibleAssetsOtherThanGoodwill2023-11-3011198383ns5:PlantMachinery2023-11-3011198383ns5:PlantMachinery2023-12-012024-11-3011198383ns5:PlantMachinery2024-11-3011198383ns5:PlantMachinery2023-11-3011198383ns5:WithinOneYearns5:CurrentFinancialInstruments2024-11-3011198383ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-3011198383ns10:OrdinaryShareClass12024-11-30
REGISTERED NUMBER: 11198383 (England and Wales)

















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

VERTO SERVICES LTD

VERTO SERVICES LTD (REGISTERED NUMBER: 11198383)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


VERTO SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: Mr H J Davies
Mr J Long





REGISTERED OFFICE: 27 Charter Gate
Northampton
Northamptonshire
NN3 6QB





REGISTERED NUMBER: 11198383 (England and Wales)





ACCOUNTANTS: Sutton McGrath Hartley Limited
5 Westbrook Court
Sharrowvale Road
Sheffield
S11 8YZ

VERTO SERVICES LTD (REGISTERED NUMBER: 11198383)

STATEMENT OF FINANCIAL POSITION
30 NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Property, plant and equipment 5 28,916 33,136
28,916 33,136

CURRENT ASSETS
Debtors 6 155,245 89,299
Cash at bank 64,798 196,840
220,043 286,139
CREDITORS
Amounts falling due within one year 7 82,427 100,967
NET CURRENT ASSETS 137,616 185,172
TOTAL ASSETS LESS CURRENT LIABILITIES 166,532 218,308

PROVISIONS FOR LIABILITIES 6,593 8,284
NET ASSETS 159,939 210,024

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 159,839 209,924
SHAREHOLDERS' FUNDS 159,939 210,024

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

VERTO SERVICES LTD (REGISTERED NUMBER: 11198383)

STATEMENT OF FINANCIAL POSITION - continued
30 NOVEMBER 2024


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 Board of Directors and authorised for issue on 29 August 2025 and were signed on its behalf by:




Mr H J Davies - Director



Mr J Long - Director


VERTO SERVICES LTD (REGISTERED NUMBER: 11198383)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. STATUTORY INFORMATION

Verto Services Ltd 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.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Franchise fee is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

VERTO SERVICES LTD (REGISTERED NUMBER: 11198383)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 December 2023
and 30 November 2024 6,000
AMORTISATION
At 1 December 2023
and 30 November 2024 6,000
NET BOOK VALUE
At 30 November 2024 -
At 30 November 2023 -

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 December 2023 48,326
Additions 9,314
Disposals (2,927 )
At 30 November 2024 54,713
DEPRECIATION
At 1 December 2023 15,190
Charge for year 12,257
Eliminated on disposal (1,650 )
At 30 November 2024 25,797
NET BOOK VALUE
At 30 November 2024 28,916
At 30 November 2023 33,136

VERTO SERVICES LTD (REGISTERED NUMBER: 11198383)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 57,149 48,946
Other debtors - 888
Directors' current accounts 98,096 39,465
155,245 89,299

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 644 2,323
Tax 54,321 73,113
Social security and other taxes 2,207 2,010
VAT 22,240 20,506
Other creditors 595 595
Accrued expenses 2,420 2,420
82,427 100,967

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100