2024-04-01 07520605 2025-03-31 07520605 2024-04-01 2025-03-31 07520605 2024-03-31 07520605 2023-04-01 2024-03-31 07520605 uk-core:WithinOneYear 2024-03-31 07520605 uk-core:WithinOneYear 2025-03-31 07520605 uk-core:AfterOneYear 2024-03-31 07520605 uk-core:AfterOneYear 2025-03-31 07520605 uk-core:ShareCapital 2025-03-31 07520605 uk-core:ShareCapital 2024-03-31 07520605 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 07520605 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 07520605 uk-bus:Director1 2024-04-01 2025-03-31 07520605 uk-core:NetGoodwill 2024-04-01 2025-03-31 07520605 uk-core:ToolsEquipment 2024-04-01 2025-03-31 07520605 uk-core:Goodwill 2024-03-31 07520605 uk-core:Goodwill 2025-03-31 iso4217:GBP xbrli:pure 07520605 uk-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 07520605 uk-bus:FRS102 2024-04-01 2025-03-31 07520605 uk-bus:FilletedAccounts 2024-04-01 2025-03-31 07520605 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31

Vertex-QIS Ltd

Registered Number:07520605

For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements

2
For the year ended 31 March 2025
Vertex-QIS Ltd
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
3

Registered Number :

07520605

As at 31 March 2025

Vertex-QIS Ltd
Statement of Financial Position

£

£

2024
2025

Notes

Fixed assets

Property, plant and equipment

1,494
2,166
3
1,494
2,166

Current assets

Trade and other receivables

5,884
6,608
4
75,091

Cash and cash equivalents

40,020
46,628
80,975

Trade and other payables: amounts falling due within one
year

(15,247)
(17,270)
5
65,728
29,358
Net current assets

Total assets less current liabilities

30,852
67,894

Trade and other payables: amounts falling due after more
than one year

(16,773)
(29,318)
6
(284)
(412)

Provisions for liabilities

1,250
Net assets
50,709

Capital and reserves

Called up share capital

1,250
1,000

Retained earnings

-
49,709
1,250
50,709
Shareholders' funds

For the year ended 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.

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

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

Mr G Smith Director

These financial statements were approved and authorised for issue by the Board on 30 September 2025 and were signed by:

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4

Registered Number :

07520605

For the year ended 31 March 2025
Vertex-QIS Ltd
Statement of Financial Position Continued

The notes form part of these financial statements

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5
For the year ended 31 March 2025
Vertex-QIS Ltd
Notes to the Financial Statements
Statutory Information

Vertex-QIS Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
07520605.

Registered address:

15 Copper Beech
Broughton
Flintshire
CH4 0QY

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1 A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of 5 years.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

25% per annum on cost

Computer equipment
Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account.

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6
For the year ended 31 March 2025
Vertex-QIS Ltd
Notes to the Financial Statements Continued

2. Intangible fixed assets

Goodwill

Cost or valuation

£

At 01 April 2024

18,000

At 31 March 2025

18,000

Amortisation

At 01 April 2024

18,000

At 31 March 2025

18,000

Net book value

At 31 March 2025

-

At 31 March 2024

-

3. Property, plant and equipment

Computer
equipment

£

Cost or
valuation

At 01 April 2024

5,305

At 31 March 2025

5,305

Provision for depreciation and impairment

At 01 April 2024

3,139
Charge for year
672

At 31 March 2025

3,811

At 31 March 2025

Net book value

1,494

At 31 March 2024

2,166

4. Trade and other receivables

2024
2025

£

£

Trade debtors

6,608
5,884

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7
For the year ended 31 March 2025
Vertex-QIS Ltd
Notes to the Financial Statements Continued

5. Trade and other payables: amounts falling due within one year

2024
2025

£

£

Trade creditors

8,369
4,504

Taxation and social security

8,293
7,717

Accruals and deferred income

608
2,943

Other creditors

-
83
17,270
15,247

6. Trade and other payables: amounts falling due after more than one year

2024
2025

£

£

16,773
29,318

Directors' loan accounts

7. Average number of persons employed

During the year the average number of employees was 2 (2024 : 2)
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