Company Registration No. 13515295 (England and Wales)
Verve Collaboration Limited
Unaudited accounts
for the period from 1 July 2024 to 30 November 2025
Verve Collaboration Limited
Unaudited accounts
Contents
Verve Collaboration Limited
Company Information
for the period from 1 July 2024 to 30 November 2025
Company Number
13515295 (England and Wales)
Registered Office
UNIT1B 2 HALLIDAYS FARM MOSS LANE
BILSBORROW
PRESTON
PR3 0RU
ENGLAND
Accountants
Walling Accountants
Unit 1B Hallidays Farm
Bilsborrow
Preston
PR3 0RU
Verve Collaboration Limited
Statement of financial position
as at 30 November 2025
Cash at bank and in hand
18,792
71,002
Creditors: amounts falling due within one year
(25,085)
(32,520)
Net current assets
1,000
39,846
Total assets less current liabilities
1,000
69,318
Creditors: amounts falling due after more than one year
-
(26,705)
Provisions for liabilities
Called up share capital
1,000
1,000
Profit and loss account
-
36,013
Shareholders' funds
1,000
37,013
For the period ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 June 2026 and were signed on its behalf by
Mr Oliver Burton
Director
Company Registration No. 13515295
Verve Collaboration Limited
Notes to the Accounts
for the period from 1 July 2024 to 30 November 2025
Verve Collaboration Limited is a private company, limited by shares, registered in England and Wales, registration number 13515295. The registered office is UNIT1B 2 HALLIDAYS FARM MOSS LANE, BILSBORROW, PRESTON, PR3 0RU, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Verve Collaboration Limited
Notes to the Accounts
for the period from 1 July 2024 to 30 November 2025
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2024
1,135
34,121
2,716
37,972
Disposals
(1,135)
(34,121)
(2,716)
(37,972)
At 30 November 2025
-
-
-
-
At 1 July 2024
390
7,819
291
8,500
Charge for the period
244
8,630
1,282
10,156
On disposals
(634)
(16,449)
(1,573)
(18,656)
At 30 November 2025
-
-
-
-
At 30 November 2025
-
-
-
-
At 30 June 2024
745
26,302
2,425
29,472
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
-
5,343
Taxes and social security
17,306
19,657
Loans from directors
-
886
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
-
26,705
Verve Collaboration Limited
Notes to the Accounts
for the period from 1 July 2024 to 30 November 2025
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's current account
-
2,133
-
2,133
9
Average number of employees
During the period the average number of employees was 2 (2024: 2).