Company Registration No. 09669435 (England and Wales)
VERTEX DESIGN LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
TWP Accounting LLP
Chartered Accountants
The Old Rectory
Church Street
Weybridge
Surrey
KT13 8DE
VERTEX DESIGN LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
VERTEX DESIGN LTD
Company Registration No. 09669435
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
2,080
1,251
Current assets
Debtors
4
3,464
-
0
Cash at bank and in hand
24,278
17,994
27,742
17,994
Creditors: amounts falling due within one year
5
(7,484)
(6,592)
Net current assets
20,258
11,402
Total assets less current liabilities
22,338
12,653
Provisions for liabilities
(520)
(186)
Net assets
21,818
12,467
Capital and reserves
Called up share capital
6
1
1
Profit and loss reserves
21,817
12,466
Total equity
21,818
12,467

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial 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 director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

VERTEX DESIGN LTD
Company Registration No. 09669435
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 2 -
The financial statements were approved and signed by the director and authorised for issue on 19 November 2025
R A Brankin
Director
VERTEX DESIGN LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information

Vertex Design Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 79 Morello Chase, Soham, Ely, CB7 5ZU.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
33% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Financial instruments
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

VERTEX DESIGN LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 4 -
1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024
23,123
Additions
1,640
At 31 March 2025
24,763
Depreciation and impairment
At 1 April 2024
21,872
Depreciation charged in the year
811
At 31 March 2025
22,683
Carrying amount
At 31 March 2025
2,080
At 31 March 2024
1,251
VERTEX DESIGN LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
3,464
-
0
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxation and social security
2,312
2,160
Other creditors
5,172
4,432
7,484
6,592
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A Share of 1p each
80
80
0.80
0.80
Ordinary B Shares of 1p each
20
20
0.20
0.20
100
100
1.00
1.00
7
Directors' transactions

At the year ended 31 March 2025, the company ow ed £2,799 (2024 - 2,875) to the directors.

2025-03-31 2024-04-01 false false false 19 November 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity R A Brankin 09669435 2024-04-01 2025-03-31 09669435 2025-03-31 09669435 2024-03-31 09669435 core:OtherPropertyPlantEquipment 2025-03-31 09669435 core:OtherPropertyPlantEquipment 2024-03-31 09669435 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 09669435 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 09669435 core:CurrentFinancialInstruments 2025-03-31 09669435 core:CurrentFinancialInstruments 2024-03-31 09669435 core:ShareCapital 2025-03-31 09669435 core:ShareCapital 2024-03-31 09669435 core:RetainedEarningsAccumulatedLosses 2025-03-31 09669435 core:RetainedEarningsAccumulatedLosses 2024-03-31 09669435 bus:Director1 2024-04-01 2025-03-31 09669435 core:PlantMachinery 2024-04-01 2025-03-31 09669435 2023-04-01 2024-03-31 09669435 core:OtherPropertyPlantEquipment 2024-03-31 09669435 core:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 09669435 core:WithinOneYear 2025-03-31 09669435 core:WithinOneYear 2024-03-31 09669435 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 09669435 bus:OrdinaryShareClass2 2024-04-01 2025-03-31 09669435 bus:OrdinaryShareClass1 2025-03-31 09669435 bus:OrdinaryShareClass1 2024-03-31 09669435 bus:OrdinaryShareClass2 2025-03-31 09669435 bus:OrdinaryShareClass2 2024-03-31 09669435 bus:AllOrdinaryShares 2025-03-31 09669435 bus:AllOrdinaryShares 2024-03-31 09669435 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09669435 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09669435 bus:FRS102 2024-04-01 2025-03-31 09669435 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 09669435 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP