Company registration number 10804661 (England and Wales)
VEXEL CONSULTING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
PAGES FOR FILING WITH REGISTRAR
VEXEL CONSULTING LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
VEXEL CONSULTING LIMITED
BALANCE SHEET
AS AT
30 JUNE 2025
30 June 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
-
0
-
0
Tangible assets
3
260
373
Current assets
Cash at bank and in hand
38
760
Creditors: amounts falling due within one year
4
(10,628)
(6,722)
Net current liabilities
(10,590)
(5,962)
Total assets less current liabilities
(10,330)
(5,589)
Creditors: amounts falling due after more than one year
5
(19,971)
(24,103)
Net liabilities
(30,301)
(29,692)
Capital and reserves
Called up share capital
2
2
Distributable profit and loss reserves
(30,303)
(29,694)
Total equity
(30,301)
(29,692)

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

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.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

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

The financial statements were approved by the board of directors and authorised for issue on 3 March 2026 and are signed on its behalf by:
Mr MS Mossdorf
Director
Company registration number 10804661 (England and Wales)
VEXEL CONSULTING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
- 2 -
1
Accounting policies
Company information

Vexel Consulting Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1st Floor 3 & 4 Cranmere Ct, Lustleigh Close, Matford Business Park, Exeter, Devon, EX2 8PW.

1.1
Basis of preparation

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
Going concern

The financial statements have been prepared on a going concern basis as the company continues to have the support of its' directors.true

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:

Fixtures and fittings
25% Reducing Balance
Computers
33.33% Reducing Balance

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
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

VEXEL CONSULTING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 3 -
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.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

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.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.7
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Employees

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

2025
2024
Number
Number
Total
2
2
VEXEL CONSULTING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 4 -
3
Tangible fixed assets
Fixtures and fittings
Computers
Total
£
£
£
Cost
At 1 July 2024 and 30 June 2025
660
5,021
5,681
Depreciation and impairment
At 1 July 2024
523
4,785
5,308
Depreciation charged in the year
34
79
113
At 30 June 2025
557
4,864
5,421
Carrying amount
At 30 June 2025
103
157
260
At 30 June 2024
137
236
373
4
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
10,174
5,859
Accruals and deferred income
454
863
10,628
6,722
5
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Bank loans and overdrafts
19,971
24,103
6
Directors' transactions

During the year, the director loaned money to the company. At the balance sheet date, the amount due to the director was £10,174 (2024: £5,859)

No interest has been charged and there is no set date for repayment.

2025-06-30 2024-07-01 false false false 03 March 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mrs F J Mossdorf Mr M S Mossdorf 10804661 2024-07-01 2025-06-30 10804661 2025-06-30 10804661 2024-06-30 10804661 core:FurnitureFittings 2025-06-30 10804661 core:ComputerEquipment 2025-06-30 10804661 core:FurnitureFittings 2024-06-30 10804661 core:ComputerEquipment 2024-06-30 10804661 core:CurrentFinancialInstruments 2025-06-30 10804661 core:CurrentFinancialInstruments 2024-06-30 10804661 core:Non-currentFinancialInstruments 2025-06-30 10804661 core:Non-currentFinancialInstruments 2024-06-30 10804661 core:ShareCapital 2025-06-30 10804661 core:ShareCapital 2024-06-30 10804661 core:RetainedEarningsAccumulatedLosses 2025-06-30 10804661 core:RetainedEarningsAccumulatedLosses 2024-06-30 10804661 bus:Director2 2024-07-01 2025-06-30 10804661 core:FurnitureFittings 2024-07-01 2025-06-30 10804661 core:ComputerEquipment 2024-07-01 2025-06-30 10804661 2023-07-01 2024-06-30 10804661 core:FurnitureFittings 2024-06-30 10804661 core:ComputerEquipment 2024-06-30 10804661 2024-06-30 10804661 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 10804661 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 10804661 bus:FRS102 2024-07-01 2025-06-30 10804661 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 10804661 bus:Director1 2024-07-01 2025-06-30 10804661 bus:FullAccounts 2024-07-01 2025-06-30 xbrli:pure xbrli:shares iso4217:GBP