1 November 2022 false Taxfiler 2023.10 09243473business:PrivateLimitedCompanyLtd2022-11-012023-10-31 092434732022-10-31 092434732022-11-012023-10-31 09243473business:AuditExemptWithAccountantsReport2022-11-012023-10-31 09243473business:FilletedAccounts2022-11-012023-10-31 092434732023-10-31 09243473business:Director12022-11-012023-10-31 09243473business:Director22022-11-012023-10-31 09243473business:RegisteredOffice2022-11-012023-10-31 092434732022-10-31 09243473core:WithinOneYear2023-10-31 09243473core:WithinOneYear2022-10-31 09243473core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 09243473core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 09243473core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 09243473core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 09243473core:PreviouslyStatedAmount2023-10-31 09243473core:PreviouslyStatedAmount2022-10-31 09243473business:SmallEntities2022-11-012023-10-31 09243473countries:EnglandWales2022-11-012023-10-31 09243473core:PlantMachinery2022-11-012023-10-31 09243473core:PlantMachinery2022-10-31 09243473core:PlantMachinery2023-10-31 09243473business:OrdinaryShareClass12022-11-012023-10-31 09243473business:OrdinaryShareClass12021-11-012022-10-31 092434732021-11-012022-10-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 09243473 (England and Wales)
ASTUTE COMMERCIAL SERVICES LTD Unaudited accounts for the year ended 31 October 2023
ASTUTE COMMERCIAL SERVICES LTD Unaudited accounts Contents
Page
- 2 -
ASTUTE COMMERCIAL SERVICES LTD Company Information for the year ended 31 October 2023
Directors
Michael James Smith Carly Anne Smith
Company Number
09243473 (England and Wales)
Registered Office
WESLEY OFFICES 74 SILVER STREET NAILSEA BS48 2DS
Accountants
Tempo Accounting Limited 74 Silver Street Nailsea Bristol N. Somerset BS48 2DS
- 3 -
ASTUTE COMMERCIAL SERVICES LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,223 
3,138 
Current assets
Debtors
- 
10 
Cash at bank and in hand
61,484 
37,113 
61,484 
37,123 
Creditors: amounts falling due within one year
(34,626)
(26,863)
Net current assets
26,858 
10,260 
Net assets
29,081 
13,398 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
29,071 
13,388 
Shareholders' funds
29,081 
13,398 
For the year ending 31 October 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 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 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 of Directors and authorised for issue on 11 February 2024 and were signed on its behalf by
Michael James Smith Director Company Registration No. 09243473
- 4 -
ASTUTE COMMERCIAL SERVICES LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
ASTUTE COMMERCIAL SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 09243473. The registered office is WESLEY OFFICES, 74 SILVER STREET, NAILSEA, BS48 2DS.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% Straight Line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 November 2022
13,453 
Additions
1,564 
At 31 October 2023
15,017 
Depreciation
At 1 November 2022
10,315 
Charge for the year
2,479 
At 31 October 2023
12,794 
Net book value
At 31 October 2023
2,223 
At 31 October 2022
3,138 
- 5 -
ASTUTE COMMERCIAL SERVICES LTD Notes to the Accounts for the year ended 31 October 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
10 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
34,594 
26,863 
Loans from directors
32 
- 
34,626 
26,863 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10 
10 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 6 -