Vertella Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 02317273

VERTELLA LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 December 2025

VERTELLA LIMITED

STATEMENT OF FINANCIAL POSITION

31 December 2025

	2025		2024
Note	£	£	£

FIXED ASSETS

Tangible assets	6	31,389	61,828
Investments	7	2	2
		---------	---------
		31,391	61,830

CURRENT ASSETS

Stocks		251,248	300,521
Debtors	8	255,690	354,863
Cash at bank and in hand		286,378	312,496
		-----------	-----------
		793,316	967,880

CREDITORS: amounts falling due within one year	9	527,788		628,124
		-----------		-----------
NET CURRENT ASSETS			265,528	339,756
			-----------	-----------
TOTAL ASSETS LESS CURRENT LIABILITIES			296,919	401,586

CREDITORS: amounts falling due after more than one year	10		11,639	31,521

PROVISIONS

Taxation including deferred tax	7,847	15,457
	-----------	-----------
NET ASSETS	277,433	354,608
	-----------	-----------

CAPITAL AND RESERVES

Called up share capital	74	74
Capital redemption reserve	26	26
Profit and loss account	277,333	354,508
	-----------	-----------
SHAREHOLDERS FUNDS	277,433	354,608
	-----------	-----------

These 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 statement of income and retained earnings has not been delivered.

VERTELLA LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 December 2025

For the year ending 31st December 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 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 financial statements .

These financial statements were approved by the board of directors and authorised for issue on 3 March 2026 , and are signed on behalf of the board by:

Mr P R Bentley	Mr D R Bentley
Director	Director

Company registration number: 02317273

VERTELLA LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31st DECEMBER 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 Hornby House, Lansil Industrial Estate, Caton Road, Lancaster, LA1 3PQ.

2. STATEMENT OF COMPLIANCE

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

Consolidation

The entity has taken advantage of the exemption from preparing consolidated financial statements contained in Section 402 of the Companies Act 2006 on the basis that its subsidiaries are excluded from consolidation on the grounds that their inclusion is not material for the purpose of giving a true and fair view.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

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.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

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.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold Property Improvements	-	20% straight line
Plant and Machinery	-	25% straight line
Fixtures and Fittings	-	25% straight line

	Motor Vehicles	-	25% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Investments in associates

Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Defined contribution plans

The company makes contributions to individual employees' personal pension plans and the pension charge represents the amounts payable by the company to the plans in respect of the year.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 14 (2024: 15 ).

5. INTANGIBLE ASSETS

	Goodwill
	£

Cost
At 1st January 2025 and 31st December 2025	200,173
	-----------
Amortisation
At 1st January 2025 and 31st December 2025	200,173
	-----------
Carrying amount
At 31st December 2025	–
	-----------
At 31st December 2024	–
	-----------

6. TANGIBLE ASSETS

Leasehold property improve-ments	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
£	£	£	£	£

Cost
At 1st January 2025 and 31st December 2025	6,829	46,856	5,689	128,275	187,649
	--------	---------	--------	-----------	-----------
Depreciation
At 1st January 2025	6,829	39,237	3,848	75,907	125,821
Charge for the year	–	4,612	697	25,130	30,439
	--------	---------	--------	-----------	-----------
At 31st December 2025	6,829	43,849	4,545	101,037	156,260
	--------	---------	--------	-----------	-----------
Carrying amount
At 31st December 2025	–	3,007	1,144	27,238	31,389
	--------	---------	--------	-----------	-----------
At 31st December 2024	–	7,619	1,841	52,368	61,828
	--------	---------	--------	-----------	-----------

7. INVESTMENTS

	Other investments other than loans
	£

Cost
At 1st January 2025 and 31st December 2025	2
	-----
Impairment
At 1st January 2025 and 31st December 2025	–
	-----

Carrying amount
At 31st December 2025	2
	-----
At 31st December 2024	2
	-----

The company owns 100% of the issued share capital of Cleaning Supplies North West Limited, a company incorporated in England and Wales. The company did not trade during the year. The aggregate share capital and reserves at the year end was £2.

8. DEBTORS

	2025	2024
	£	£

Trade debtors	250,050	349,395
Prepayments and accrued income	5,640	5,468
	-----------	-----------
	255,690	354,863
	-----------	-----------

9. CREDITORS: amounts falling due within one year

	2025	2024
	£	£

Bank loans and overdrafts	–	1,646
Trade creditors	416,091	491,199
Accruals and deferred income	12,549	7,696
Corporation tax	11,349	21,169
Social security and other taxes	65,194	73,205
Obligations under finance leases and hire purchase contracts	19,883	28,611
Other creditors	2,722	4,598
	-----------	-----------
	527,788	628,124
	-----------	-----------

10. CREDITORS: amounts falling due after more than one year

	2025	2024
	£	£

Obligations under finance leases and hire purchase contracts	11,639	31,521
	---------	---------

11. RELATED PARTY TRANSACTIONS

During the year the company continued to borrow funds from director Mr D R Bentley . During the year the company paid interest of £76 (2024 £62) to Mr D R Bentley in respect of this loan. At the balance sheet date the company owed £1,950 (2024 £1,950) to Mr D R Bentley . During the year the company continued to borrow funds from director Mr P R Bentley . During the year the company paid interest of £Nil (2024 £87) to Mr P R Bentley in respect of this loan. At the balance sheet date the company was owed £1,889 (2024 £287 owed) by Mr P R Bentley . During the year the company continued to borrow funds from director Mr T Bentley. During the year the company paid interest of £55 (2024 £38) to Mr T Bentley in respect of this loan. At the balance sheet date the company owed £1,450 (2024 £1,406) to Mr T Bentley. During the year the company paid rent of £108,000 (2024 £108,000) to PDG, a partnership comprised of directors Mr P R Bentley ,Mr D R Bentley and Miss G R Bentley. During the year the company paid dividends amounting to £39,600 (2024 £39,600) to Mr D R Bentley. During the year the company paid dividends amounting to £39,600 (2024 £39,600) to Mr P R Bentley . During the year the company paid dividends amounting to £10,000 (2024 £10,000) to Miss G R Bentley.