Vortex Commerce LTD Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08038297

Vortex Commerce LTD

Filleted Unaudited Abridged Financial Statements

30 April 2025

Vortex Commerce LTD

Abridged Financial Statements

Year ended 30 April 2025

Contents	Page

Officers and professional advisers	1

Report to the board of directors on the preparation of the unaudited statutory abridged financial statements	2

Abridged statement of financial position	3

Notes to the abridged financial statements	5

Vortex Commerce LTD

Officers and Professional Advisers

The board of directors	Mr B S Mead
	Mr J Hyett

Registered office	2nd Floor
	Equity House
	Boar Lane
	Leeds
	England
	LS1 5EN

Accountants	ADK
	Chartered accountants
	Scottsdale House
	Springfield Avenue
	Harrogate
	England
	HG1 2HR

Vortex Commerce LTD

Report to the Board of Directors on the Preparation of the Unaudited Statutory Abridged Financial Statements of Vortex Commerce LTD

Year ended 30 April 2025

As described on the abridged statement of financial position, the directors of the company are responsible for the preparation of the abridged financial statements for the year ended 30 April 2025, which comprise the abridged statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these abridged financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

ADK Chartered accountants

Scottsdale House Springfield Avenue Harrogate England HG1 2HR

5 December 2025

Vortex Commerce LTD

Abridged Statement of Financial Position

30 April 2025

	2025		2024
Note	£	£	£

Fixed assets

Intangible assets	4		3,500	4,000

Current assets

Debtors		351,206	258,620
Investments	5	103,544	103,544
Cash at bank and in hand		1,046	59,526
		---------	---------
		455,796	421,690

Creditors: amounts falling due within one year	1,454		6,704
	---------		---------
Net current assets		454,342	414,986
		---------	---------
Total assets less current liabilities		457,842	418,986

Creditors: amounts falling due after more than one year	305	305
	---------	---------
Net assets	457,537	418,681
	---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	457,437	418,581
	---------	---------
Shareholders funds	457,537	418,681
	---------	---------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged income statement has not been delivered.

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

All of the members have consented to the preparation of the abridged income statement and the abridged statement of financial position for the year ending 30 April 2025 in accordance with Section 444(2A) of the Companies Act 2006.

Vortex Commerce LTD

Abridged Statement of Financial Position (continued)

30 April 2025

These abridged financial statements were approved by the board of directors and authorised for issue on 5 December 2025 , and are signed on behalf of the board by:

Mr B Mead Director

Company registration number: 08038297

Vortex Commerce LTD

Notes to the Abridged Financial Statements

Year ended 30 April 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2nd Floor, Equity House, Boar Lane, Leeds, LS1 5EN, England.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The abridged financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	5% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

4. Intangible assets

	£
Cost
At 1 May 2024 and 30 April 2025	10,000
	--------
Amortisation
At 1 May 2024	6,000
Charge for the year	500
	--------
At 30 April 2025	6,500
	--------
Carrying amount
At 30 April 2025	3,500
	--------
At 30 April 2024	4,000
	--------

5. Investments

	2025	2024
	£	£
Other investments	103,544	103,544
	---------	---------

6. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	Balance brought forward and outstanding
	2025	2024
	£	£
Mr B S Mead	( 274)	( 274)
Mr J Hyett	( 31)	( 31)
	----	----
	( 305)	( 305)
	----	----

7. Related party transactions

The company was under the control of Mr B S Mead & Mr J Hyett throughout the current and previous year. As at the Year End Mr B Mead was owed £274 and Mr J Hyett £31 by the company.