Verity Geosolutions Ltd 16175374 false 2025-02-01 2026-01-31 2026-01-31 The principal activity of the company is Data processing, hosting and related activities Digita Accounts Production Advanced 6.30.9574.0 true 16175374 2025-02-01 2026-01-31 16175374 2026-01-31 16175374 bus:OrdinaryShareClass1 2026-01-31 16175374 core:CurrentFinancialInstruments core:WithinOneYear 2026-01-31 16175374 bus:SmallEntities 2025-02-01 2026-01-31 16175374 bus:AuditExemptWithAccountantsReport 2025-02-01 2026-01-31 16175374 bus:FilletedAccounts 2025-02-01 2026-01-31 16175374 bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 16175374 bus:RegisteredOffice 2025-02-01 2026-01-31 16175374 bus:Director1 2025-02-01 2026-01-31 16175374 bus:OrdinaryShareClass1 2025-02-01 2026-01-31 16175374 bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 16175374 bus:Agent1 2025-02-01 2026-01-31 16175374 countries:England 2025-02-01 2026-01-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 16175374

Verity Geosolutions Ltd

Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 January 2026

 

Verity Geosolutions Ltd

Contents

Company Information

1

Abridged Balance Sheet

2

Notes to the Unaudited Abridged Financial Statements

3 to 5

 

Verity Geosolutions Ltd

Company Information

Director

Mr Abayomi Olusegun Adejonwo

Registered office

9 Hill View Drive
London
SE28 0LJ

Accountants

Edgar Merrell Ltd
Chartered Certified Accountants4 Meadow Gardens
Edgware
Middlesex
HA8 9LH

 

Verity Geosolutions Ltd

(Registration number: 16175374)
Abridged Balance Sheet as at 31 January 2026

Note

2026
£

Current assets

 

Cash at bank and in hand

 

34,299

Creditors: Amounts falling due within one year

(51,962)

Total assets less current liabilities

 

(17,663)

Accruals and deferred income

 

(480)

Net liabilities

 

(18,143)

Capital and reserves

 

Called up share capital

5

100

Retained earnings

(18,243)

Shareholders' deficit

 

(18,143)

For the financial year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

•

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 28 September 2026
 

.........................................
Mr Abayomi Olusegun Adejonwo
Director

 

Verity Geosolutions Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2026

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
9 Hill View Drive
London
SE28 0LJ
England

These financial statements were authorised for issue by the director on 28 September 2026.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Verity Geosolutions Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2026

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1.

4

Debtors

Debtors includes £Nil due after more than one year.

5

Share capital

Allotted, called up and fully paid shares

2026

No.

£

Ordinary shares of £1 each

100

100

   

6

Related party transactions

 

Verity Geosolutions Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2026

Director's remuneration

The director's remuneration for the year was as follows:

2026
£

Remuneration

12,570