REGISTERED NUMBER: 09999455 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

VERDIER & CO LTD

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTOR:

Mr J P Verdier

REGISTERED OFFICE:

55 Baker Street

London

W1U 7EU

REGISTERED NUMBER:

09999455 (England and Wales)

ACCOUNTANTS:

TC Group

Baird House

Seebeck Place

Knowlhill

Milton Keynes

Buckinghamshire

MK5 8FR

FIXED ASSETS

Tangible assets

4

432

1,420

CURRENT ASSETS

Debtors

5

175,372

200,773

Cash at bank

63

100,231

175,435

301,004

CREDITORS

Amounts falling due within one year

6

221,181

182,966

NET CURRENT (LIABILITIES)/ASSETS

(45,746

)

118,038

TOTAL ASSETS LESS CURRENT LIABILITIES

(45,314

)

119,458

CREDITORS

Amounts falling due after more than one year

7

(106,400

)

(30,067

)

PROVISIONS FOR LIABILITIES

8

-

(355

)

NET (LIABILITIES)/ASSETS

(151,714

)

89,036

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

(151,715

)

89,035

SHAREHOLDERS' FUNDS

(151,714

)

89,036

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

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 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 September 2025 and were signed by:

Mr J P Verdier - Director

1.	STATUTORY INFORMATION

Verdier & Co 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.

The principal activity of the company during the year was the provision of financial services in relation to fundraising, listings, and mergers & acquisitions.

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.

Fixtures and fittings

-

50% on cost

Computer equipment

-

50% on cost

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

The assets' residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Foreign currency translation

The Company's functional and presentational currency is GBP.

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

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.

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.

Going concern

The financial statements have been prepared on a going concern basis although the balance sheet displayed a negative position at the balance sheet date. The director has confirmed continued support to the company in the form of director loans and will ensure the company retains sufficient working capital to continue trading for the foreseeable future.

The management team continue to consider the wider economic climate in relation to the assessment of going concern and in their opinion have taken all reasonable steps to mitigate these factors. As a result the director believes the going concern assumption to still be appropriate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

490

7,377

7,867

Additions

-

320

320

At 31 March 2025

490

7,697

8,187

DEPRECIATION

At 1 April 2024

314

6,133

6,447

Charge for year

162

1,146

1,308

At 31 March 2025

476

7,279

7,755

NET BOOK VALUE

At 31 March 2025

14

418

432

At 31 March 2024

176

1,244

1,420

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

129,500

163,471

Amounts owed by associates

614

-

Other debtors

45,258

37,302

175,372

200,773

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

88,505

5,350

Trade creditors

25,971

23,373

Taxation and social security

27,450

144,039

Other creditors

79,255

10,204

221,181

182,966

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

106,400

30,067

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

5,110

8,667

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

-

355

Deferred

tax

£

Balance at 1 April 2024

355

Provided during year

(355

)

Balance at 31 March 2025

-

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary Shares

£0.01

1

1

10.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme for its employees. The assets of the scheme are held separately from those of the company in an independently administered fund. During the year contributions payable by the company to the scheme totalled £22,230 (2024: £8,247).

There were unpaid contributions at the year end of £1,581 (2024: £2,854) relating to deductions during the year.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr J P Verdier.