REGISTERED NUMBER: 12788422 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

VERTEX ASSOCIATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D Calcott

Ms J L Gent

Mr V M Solanki

Mr R T Bishop

REGISTERED OFFICE:

85 Great Portland Street

First Floor

London

W1W 7LT

REGISTERED NUMBER:

12788422 (England and Wales)

ACCOUNTANTS:

Total Back Office Solutions Limited

4th Floor Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

FIXED ASSETS

Tangible assets

4

4,209

4,238

CURRENT ASSETS

Debtors

5

275,549

255,909

Cash at bank and in hand

126,755

172,566

402,304

428,475

CREDITORS

Amounts falling due within one year

6

(196,766

)

(182,468

)

NET CURRENT ASSETS

205,538

246,007

TOTAL ASSETS LESS CURRENT LIABILITIES

209,747

250,245

PROVISIONS FOR LIABILITIES

(1,052

)

(805

)

NET ASSETS

208,695

249,440

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

208,595

249,340

208,695

249,440

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 December 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.

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 18 September 2025 and were signed on its behalf by:

Mr V M Solanki - Director

Mr R T Bishop - Director

Ms J L Gent - Director

Mr D Calcott - Director

1.	STATUTORY INFORMATION

Vertex Associates 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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on reducing balance

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 21 (2023 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2024

11,285

Additions

3,488

At 31 December 2024

14,773

DEPRECIATION

At 1 January 2024

7,047

Charge for year

3,517

At 31 December 2024

10,564

NET BOOK VALUE

At 31 December 2024

4,209

At 31 December 2023

4,238

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

254,689

97,839

Other debtors

20,356

158,070

Directors' current accounts

504

-

275,549

255,909

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

10,307

2,014

Corporation Tax

62,845

79,446

PAYE/NI

3,941

6,609

VAT

51,177

63,683

Other Creditors

62,404

20,342

Directors' current accounts

6,092

10,374

196,766

182,468