The most common and most likely answer to this crossword clue is the 5 letter word POEMS
I've seen this crossword clue in The Daily Telegraph
P
O
E
M
S
More clues leading to the result POEMS
Buddy explains!

The straight part
We know that "Verses" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case verses = poems.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does POEMS mean?
POEMS noun- A literary piece written in verse.
- A piece of writing in the tradition of poetry, an instance of poetry.
- A piece of poetic writing, that is with an intensity or depth of expression or inspiration greater than is usual in prose.