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Company Registration No. 12276366 (England and Wales)
PASSMORES COMMERCIALS LTD Unaudited accounts for the year ended 31 October 2021
PASSMORES COMMERCIALS LTD Unaudited accounts Contents
Page
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PASSMORES COMMERCIALS LTD Company Information for the year ended 31 October 2021
Director
MR MULOPWE ZOE KALONJI
Company Number
12276366 (England and Wales)
Registered Office
34 HARE STREET SPRINGS HARLOW ESSEX CM19 4AL ENGLAND
Accountants
BILBERRY ACCOUNTANTS LTD KINGSGATE 62 HIGH STREET REDHILL SURREY RH1 1SG
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PASSMORES COMMERCIALS LTD Statement of financial position as at 31 October 2021
2021 
2020 
Notes
£ 
£ 
Current assets
Debtors
17,336 
4,014 
Cash at bank and in hand
15 
8 
17,351 
4,022 
Creditors: amounts falling due within one year
(840)
(1,444)
Net current assets
16,511 
2,578 
Total assets less current liabilities
16,511 
2,578 
Creditors: amounts falling due after more than one year
(50,000)
- 
Net (liabilities)/assets
(33,489)
2,578 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(33,490)
2,577 
Shareholders' funds
(33,489)
2,578 
For the year ending 31 October 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 August 2022 and were signed on its behalf by
MR MULOPWE ZOE KALONJI Director Company Registration No. 12276366
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PASSMORES COMMERCIALS LTD Notes to the Accounts for the year ended 31 October 2021
1
Statutory information
PASSMORES COMMERCIALS LTD is a private company, limited by shares, registered in England and Wales, registration number 12276366. The registered office is 34 HARE STREET SPRINGS, HARLOW, ESSEX, CM19 4AL, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Debtors: amounts falling due after more than one year
Other debtors
17,336 
4,014 
5
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Taxes and social security
- 
604 
Other creditors
840 
840 
840 
1,444 
6
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
50,000 
- 
7
Average number of employees
During the year the average number of employees was 1 (2020: 1).
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