COMMERCIAL SUPPLIES LIMITED

Company Registration Number:
01450677 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

COMMERCIAL SUPPLIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

COMMERCIAL SUPPLIES LIMITED

Company Information

for the Period Ended 31 December 2021




Director: D Petch
S Petch
Secretary: D Petch
Registered office: Howgare Road
Broadchalke
Salisbury
Wiltshire
SP5 5DR
Company Registration Number: 01450677 (England and Wales)

COMMERCIAL SUPPLIES LIMITED

Balance sheet

As at 31 December 2021


Notes

2021
£

2020
£
Fixed assets
Tangible assets: 4 8,213 10,506
Total fixed assets: 8,213 10,506
Current assets
Stocks: 43,250 39,130
Debtors: 5 87,003 56,592
Cash at bank and in hand: 62,698 76,803
Total current assets: 192,951 172,525
Creditors: amounts falling due within one year: 6 ( 91,875 ) ( 83,665 )
Net current assets (liabilities): 101,076 88,860
Total assets less current liabilities: 109,289 99,366
Total net assets (liabilities): 109,289 99,366

The notes form part of these financial statements

COMMERCIAL SUPPLIES LIMITED

Balance sheet continued

As at 31 December 2021


Notes

2021
£

2020
£
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 108,289 98,366
Shareholders funds: 109,289 99,366

For the year ending 31 December 2021 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 31 August 2022
And Signed On Behalf Of The Board By:

Name: D Petch
Status: Director

The notes form part of these financial statements

COMMERCIAL SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

COMMERCIAL SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 2. Employees


    2021

    2020
    Average number of employees during the period 2 2

COMMERCIAL SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 3. Off balance sheet disclosure

    No

COMMERCIAL SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Motor vehicles Total
Cost £ £ £ £ £
At 01 January 2021 5,209 21,628 6,575 15,150 48,562
Additions - - - - -
Disposals - - - - -
Revaluations - - - - -
Transfers - - - - -
At 31 December 2021 5,209 21,628 6,575 15,150 48,562
Depreciation
At 01 January 2021 3,441 21,476 6,511 6,628 38,056
Charge for year 130 23 10 2,130 2,293
On disposals - - - - -
Other adjustments - - - - -
At 31 December 2021 3,571 21,499 6,521 8,758 40,349
Net book value
At 31 December 2021 1,638 129 54 6,392 8,213
At 31 December 2020 1,768 152 64 8,522 10,506

COMMERCIAL SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

5. Debtors


2021
£

2020
£
Trade debtors 83,473 54,267
Prepayments and accrued income 1,032 935
Other debtors 2,498 1,390
Total 87,003 56,592

COMMERCIAL SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

6.Creditors: amounts falling due within one year note


2021
£

2020
£
Trade creditors 43,826 22,055
Taxation and social security 11,156 13,463
Accruals and deferred income 1,901 1,913
Other creditors 34,992 46,234
Total 91,875 83,665