The Commsco Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 08473379 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2023

for

The Commsco Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Clevertouch Marketing Limited

Ms I C Hitel

SECRETARY:

REGISTERED OFFICE:

REGISTERED NUMBER:

08473379 (England and Wales)

ACCOUNTANTS:

Tempus Tax Ltd

Netley House

Shere Road

Gomshall

Guildford

Surrey

GU5 9QA

FIXED ASSETS

Tangible assets

4

8,578

9,060

CURRENT ASSETS

Debtors

5

141,817

83,170

Prepayments and accrued income

25,931

5,806

Cash at bank

160,718

137,764

328,466

226,740

CREDITORS

Amounts falling due within one year

6

168,424

143,186

NET CURRENT ASSETS

160,042

83,554

TOTAL ASSETS LESS CURRENT LIABILITIES

168,620

92,614

CAPITAL AND RESERVES

Called up share capital

1,610

1,610

Retained earnings

167,010

91,004

168,620

92,614

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 23 January 2024 and were signed on its behalf by:

Ms I C Hitel - Director

1.	STATUTORY INFORMATION

The Commsco 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.

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2022

13,823

Additions

850

Disposals

(3,327

)

At 30 April 2023

11,346

DEPRECIATION

At 1 May 2022

4,763

Charge for year

1,332

Eliminated on disposal

(3,327

)

At 30 April 2023

2,768

NET BOOK VALUE

At 30 April 2023

8,578

At 30 April 2022

9,060

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.23

30.4.22

£

£

Trade debtors

136,756

88,441

Other debtors

5,061

(5,271

)

141,817

83,170

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.23

30.4.22

£

£

Trade creditors

40,246

23,147

Taxation and social security

114,981

91,923

Other creditors

13,197

28,116

168,424

143,186