COMSOL NORTHERN LTD - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 07949708 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

28 FEBRUARY 2023

FOR

COMSOL NORTHERN LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J R Hall

REGISTERED OFFICE:

Crystal Cottage

Belbrough Lane

Yarm

TS15 0JA

REGISTERED NUMBER:

07949708 (England and Wales)

ACCOUNTANTS:

JSA Services Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

FIXED ASSETS

Tangible assets

5

1,755

2,933

CURRENT ASSETS

Debtors

46,464

25,173

Cash at bank

70,109

87,409

116,573

112,582

CREDITORS

Amounts falling due within one year

(23,732

)

(15,729

)

NET CURRENT ASSETS

92,841

96,853

TOTAL ASSETS LESS CURRENT LIABILITIES

94,596

99,786

CAPITAL AND RESERVES

Called up share capital

6

2

2

Retained earnings

94,594

99,784

SHAREHOLDERS' FUNDS

94,596

99,786

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 28 February 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 and authorised for issue on 29 November 2023 and were signed by:

Mr J R Hall - Director

1.	STATUTORY INFORMATION

COMSOL NORTHERN LTD 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Office Cabin

-

25% on reducing balance

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% on cost

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 March 2022

17,843

Additions

712

At 28 February 2023

18,555

DEPRECIATION

At 1 March 2022

14,910

Charge for year

1,890

At 28 February 2023

16,800

NET BOOK VALUE

At 28 February 2023

1,755

At 28 February 2022

2,933

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2023

2022

value:

£

£

2

Ordinary

£1

2

2

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2023 and 28 February 2022:

2023

2022

£

£

Mr J R Hall

Balance outstanding at start of year

2,411

(401

)

Amounts advanced

63,589

57,589

Amounts repaid

(41,361

)

(54,777

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

24,639

2,411