Vertigo IT Management Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06489527 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2019

FOR

VERTIGO IT MANAGEMENT LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M Buckfield

REGISTERED OFFICE:

93 Bohemia Road

St Leonards On Sea

East Sussex

TN37 6RJ

REGISTERED NUMBER:

06489527 (England and Wales)

ACCOUNTANTS:

Acuity Professional Partnership LLP

91-97 Bohemia Road

St Leonards on Sea

East Sussex

TN37 6RJ

FIXED ASSETS

Tangible assets

3

346

782

CURRENT ASSETS

Debtors

4

1,312

1,250

Cash at bank

-

1,149

1,312

2,399

CREDITORS

Amounts falling due within one year

5

1,691

2,595

NET CURRENT LIABILITIES

(379

)

(196

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(33

)

586

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

7

(133

)

486

SHAREHOLDERS' FUNDS

(33

)

586

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 3 December 2019 and were signed by:

Mr M Buckfield - Director

1.	STATUTORY INFORMATION

Vertigo IT Management Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Computer equipment

-

33% on cost

3.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

Cost

At 1 April 2018

and 31 March 2019

3,443

4,279

7,722

Depreciation

At 1 April 2018

2,982

3,958

6,940

Charge for year

115

321

436

At 31 March 2019

3,097

4,279

7,376

Net book value

At 31 March 2019

346

-

346

At 31 March 2018

461

321

782

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Tax

928

928

VAT

384

322

1,312

1,250

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Directors' current accounts

1,381

2,145

Accruals and deferred income

310

450

1,691

2,595

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

100

Ordinary

£1

100

100

7.

RESERVES

Retained

earnings

£

At 1 April 2018

486

Deficit for the year

(619

)

At 31 March 2019

(133

)