IRIS Accounts Production v24.1.9.2 07845799 Board of Directors 1.12.22 30.11.23 30.11.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh078457992022-11-30078457992023-11-30078457992022-12-012023-11-30078457992021-11-30078457992021-12-012022-11-30078457992022-11-3007845799ns15:EnglandWales2022-12-012023-11-3007845799ns14:PoundSterling2022-12-012023-11-3007845799ns10:Director12022-12-012023-11-3007845799ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3007845799ns10:SmallEntities2022-12-012023-11-3007845799ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3007845799ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3007845799ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3007845799ns10:FullAccounts2022-12-012023-11-3007845799ns5:CurrentFinancialInstruments2023-11-3007845799ns5:CurrentFinancialInstruments2022-11-3007845799ns5:Non-currentFinancialInstruments2023-11-3007845799ns5:Non-currentFinancialInstruments2022-11-3007845799ns5:ShareCapital2023-11-3007845799ns5:ShareCapital2022-11-3007845799ns5:RetainedEarningsAccumulatedLosses2023-11-3007845799ns10:RegisteredOffice2022-12-012023-11-3007845799ns5:ComputerEquipment2022-12-012023-11-3007845799ns5:PlantMachinery2022-11-3007845799ns5:PlantMachinery2022-12-012023-11-3007845799ns5:PlantMachinery2023-11-3007845799ns5:PlantMachinery2022-11-3007845799ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3007845799ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-30
REGISTERED NUMBER: 07845799 (England and Wales)


















Unaudited Financial Statements for the Year Ended 30 November 2023

for

The Comms Guys Limited

The Comms Guys Limited (Registered number: 07845799)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Balance Sheet 1

Notes to the Financial Statements 3


The Comms Guys Limited (Registered number: 07845799)

Balance Sheet
30 November 2023

2023 2022
as restated
Notes £    £   
FIXED ASSETS
Tangible assets 4 10,005 4,107

CURRENT ASSETS
Stocks 10,750 9,750
Debtors 5 395,809 293,152
Cash at bank and in hand 184,670 134,689
591,229 437,591
CREDITORS
Amounts falling due within one year 6 (228,591 ) (212,970 )
NET CURRENT ASSETS 362,638 224,621
TOTAL ASSETS LESS CURRENT
LIABILITIES

372,643

228,728

CREDITORS
Amounts falling due after more than one year 7 (60,693 ) (85,500 )
NET ASSETS 311,950 143,228

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 311,946 143,224
SHAREHOLDERS' FUNDS 311,950 143,228

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Profit and Loss Account has not been delivered.

The Comms Guys Limited (Registered number: 07845799)

Balance Sheet - continued
30 November 2023



The financial statements were approved by the Board of Directors and authorised for issue on 2 August 2024 and were signed on its behalf by:





H A Chaplin - Director


The Comms Guys Limited (Registered number: 07845799)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

The Comms Guys Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07845799

Registered office: Treviot House
186 - 192 High Road
Ilford
Essex
IG1 1LR

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the year. In respect of contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and estimated sales price, after making due allowance for obsolete and slow moving items.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 9 (2022 - 8 ) .

The Comms Guys Limited (Registered number: 07845799)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022 10,025
Additions 8,555
At 30 November 2023 18,580
DEPRECIATION
At 1 December 2022 5,918
Charge for year 2,657
At 30 November 2023 8,575
NET BOOK VALUE
At 30 November 2023 10,005
At 30 November 2022 4,107

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
as restated
£    £   
Trade debtors 47,348 32,664
Amounts owed by related party 346,915 257,613
Other debtors 1,546 2,875
395,809 293,152

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
as restated
£    £   
Bank loans and overdrafts 41,360 41,259
Trade creditors 27,619 45,626
Taxation and social security 119,893 70,975
Other creditors 39,719 55,110
228,591 212,970

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
as restated
£    £   
Bank loans 60,693 85,500