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Company Registration No. 11140767 (England and Wales)
COMMENCIZ LTD Unaudited accounts for the year ended 31 January 2023
COMMENCIZ LTD Unaudited accounts Contents
Page
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COMMENCIZ LTD Company Information for the year ended 31 January 2023
Director
Muhammad Nawaz
Company Number
11140767 (England and Wales)
Registered Office
Fairgate House 205 Kings Road, Tyseley Birmingham B11 2AA ENGLAND
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COMMENCIZ LTD Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
4,150 
5,061 
Tangible assets
4,380 
5,342 
8,530 
10,403 
Current assets
Debtors
26,383 
20,827 
Cash at bank and in hand
10,500 
405 
36,883 
21,232 
Creditors: amounts falling due within one year
(9,000)
(3,738)
Net current assets
27,883 
17,494 
Total assets less current liabilities
36,413 
27,897 
Creditors: amounts falling due after more than one year
(39,000)
(40,000)
Net liabilities
(2,587)
(12,103)
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
(2,787)
(12,303)
Shareholders' funds
(2,587)
(12,103)
For the year ending 31 January 2023 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 19 November 2023 and were signed on its behalf by
Muhammad Nawaz Director Company Registration No. 11140767
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COMMENCIZ LTD Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
COMMENCIZ LTD is a private company, limited by shares, registered in England and Wales, registration number 11140767. The registered office is Fairgate House, 205 Kings Road, Tyseley, Birmingham, B11 2AA, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the rate of 18% in order to write off the assets over their estimated useful lives:
Intangible fixed assets
Intangible fixed assets are impaired at the rate of 18% included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 February 2022
6,780 
At 31 January 2023
6,780 
Amortisation
At 1 February 2022
1,719 
Charge for the year
911 
At 31 January 2023
2,630 
Net book value
At 31 January 2023
4,150 
At 31 January 2022
5,061 
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COMMENCIZ LTD Notes to the Accounts for the year ended 31 January 2023
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2022
3,526 
1,560 
2,452 
7,538 
At 31 January 2023
3,526 
1,560 
2,452 
7,538 
Depreciation
At 1 February 2022
1,155 
700 
341 
2,196 
Charge for the year
427 
155 
380 
962 
At 31 January 2023
1,582 
855 
721 
3,158 
Net book value
At 31 January 2023
1,944 
705 
1,731 
4,380 
At 31 January 2022
2,371 
860 
2,111 
5,342 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
16,985 
14,875 
Other debtors
9,398 
5,952 
26,383 
20,827 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
2,896 
- 
Taxes and social security
6,104 
3,738 
9,000 
3,738 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
39,000 
40,000 
9
Average number of employees
During the year the average number of employees was 8 (2022: 8).
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