Verdys Limited - Limited company accounts 11.4

REGISTERED NUMBER: 06008312 (England and Wales)

Report of the Director and

Unaudited Financial Statements For The Year Ended 30 November 2013

for

Verdys Limited

Page

Company Information

1

Report of the Director

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

M Ulrich

SECRETARY:

REGISTERED OFFICE:

Third Floor

15 Poland Street

London

W1F 8QE

REGISTERED NUMBER:

06008312 (England and Wales)

ACCOUNTANTS:

Gower Accountancy

Third Floor

15 Poland Street

London

W1F 8QE

The director presents his report with the financial statements of the company for the year ended 30 November 2013.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of trading in the promotion and developments

of Agriculture Pesticides

DIRECTOR

M Ulrich held office during the whole of the period from 1 December 2012 to the date of this report.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating

to small companies.

ON BEHALF OF THE BOARD:

M Ulrich - Director

13 August 2014

TURNOVER

57,042

87,888

Cost of sales

(46,278

)

(41,948

)

GROSS PROFIT

10,764

45,940

Administrative expenses

(11,608

)

(37,177

)

OPERATING (LOSS)/PROFIT and

(LOSS)/PROFIT ON ORDINARY
ACTIVITIES BEFORE TAXATION

2

(844

)

8,763

Tax on (loss)/profit on ordinary activities

3

-

(2,039

)

(LOSS)/PROFIT FOR THE FINANCIAL
YEAR

(844

)

6,724

CURRENT ASSETS

Debtors

4

19,467

73,153

Cash at bank

1,328

7,119

20,795

80,272

CREDITORS

Amounts falling due within one year

5

(240

)

(58,873

)

NET CURRENT ASSETS

20,555

21,399

TOTAL ASSETS LESS CURRENT
LIABILITIES

20,555

21,399

CAPITAL AND RESERVES

Called up share capital

6

2

Profit and loss account

7

20,553

21,397

SHAREHOLDERS' FUNDS

20,555

21,399

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2013 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 in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the director on 13 August 2014 and were signed by:

M Ulrich - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	OPERATING (LOSS)/PROFIT

The operating loss (2012 - operating profit) is stated after charging:

2013

2012

£

Foreign exchange differences

68

5,887

Director's remuneration and other benefits etc

-

3.

TAXATION

Analysis of the tax charge

The tax charge on the loss on ordinary activities for the year was as follows:

2013

2012

£

Current tax:

UK corporation tax

-

2,039

Tax on (loss)/profit on ordinary activities

-

2,039

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2013

2012

£

Trade debtors

4,624

73,073

Other debtors

14,843

80

19,467

73,153

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2013

2012

£

Trade creditors

240

6,000

Taxation and social security

-

2,039

Other creditors

-

50,834

240

58,873

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

2

ORDINARY

1

2

7.

RESERVES

Profit

and loss

account

£

At 1 December 2012

21,397

Deficit for the year

(844

)

At 30 November 2013

20,553