VERE NORTH LTD - Filleted accounts

Registered number

10723451

VERE NORTH LTD

Filleted Accounts

31 August 2025

VERE NORTH LTD
Registered number:			10723451
Balance Sheet
as at 31 August 2025

Notes		31/8/25			30/4/25
£					£
Fixed assets
Tangible assets	3			772			965

Current assets
Debtors	4		1,224			929
Cash at bank and in hand			3,330			3,681
			4,554			4,610

Creditors: amounts falling due within one year	5		(24,777)			(23,011)

Net current liabilities				(20,223)			(18,401)

Net liabilities				(19,451)			(17,436)

Capital and reserves
Called up share capital				100			100
Profit and loss account				(19,551)			(17,536)

Shareholders' funds				(19,451)			(17,436)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




G Vere
Director
Approved by the board on 12 September 2025

VERE NORTH LTD
Notes to the Accounts
for the period from 1 May 2025 to 31 August 2025


1	Accounting policies

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.


2	Employees	31/8/25	30/4/25
Number			Number

	Average number of persons employed by the company	1		1


3	Tangible fixed assets
				Plant and machinery etc
£
	Cost
	At 1 May 2025			4,137
	At 31 August 2025			4,137

	Depreciation
	At 1 May 2025			3,172
	Charge for the period			193
	At 31 August 2025			3,365

	Net book value
	At 31 August 2025			772
	At 30 April 2025			965


4	Debtors	31/8/25	30/4/25
£			£

	Trade debtors	1,224		929


5	Creditors: amounts falling due within one year	31/8/25	30/4/25
£			£

	Trade creditors	2,530		476
	Taxation and social security costs	-		160
	Director's account	22,501		20,681
	Accruals	-		1,260
	VAT	(254)		203
	Other creditors	-		231
		24,777		23,011


6	Other information

	VERE NORTH LTD is a private company limited by shares and incorporated in England. Its registered office is:
	97 High Street
	Oldham
	Lees
	Lancashire
	OL4 4LY