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REGISTERED NUMBER: 01149458 (England and Wales)















COMPMAIN LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024






COMPMAIN LIMITED (Registered number: 01149458)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


COMPMAIN LIMITED

COMPANY INFORMATION
for the Year Ended 31 MAY 2024







DIRECTORS: Mrs M Allison
L K Allison





SECRETARY: Mrs M Allison





REGISTERED OFFICE: Enterprise House
2 The Crest
London
NW4 2HW





REGISTERED NUMBER: 01149458 (England and Wales)





ACCOUNTANT: DICKER ECONOMOU & CO
Chartered Certified Accountants
Enterprise House
2 The Crest
Hendon
London
NW4 2HN

COMPMAIN LIMITED (Registered number: 01149458)

BALANCE SHEET
31 MAY 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,378 2,921

CURRENT ASSETS
Cash at bank 84,399 84,171

CREDITORS
Amounts falling due within one year 5 22,777 19,314
NET CURRENT ASSETS 61,622 64,857
TOTAL ASSETS LESS CURRENT
LIABILITIES

65,000

67,778

CAPITAL AND RESERVES
Called up share capital 6 200 200
Retained earnings 64,800 67,578
SHAREHOLDERS' FUNDS 65,000 67,778

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 July 2024 and were signed on its behalf by:





L K Allison - Director


COMPMAIN LIMITED (Registered number: 01149458)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 MAY 2024

1. STATUTORY INFORMATION

COMPMAIN LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

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

Turnover
Turnover consists of invoiced work done net of returns, trade discounts and value added tax.

Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:

Plant and machinery 20% reducing balance
Motor vehicles25% reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

COMPMAIN LIMITED (Registered number: 01149458)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MAY 2024

4. TANGIBLE FIXED ASSETS
Plant & Motor
equipment vehicles Totals
£    £    £   
COST
At 1 June 2023 82,629 950 83,579
Additions 1,823 - 1,823
Disposals - (950 ) (950 )
At 31 May 2024 84,452 - 84,452
DEPRECIATION
At 1 June 2023 79,817 841 80,658
Charge for year 1,257 - 1,257
Eliminated on disposal - (841 ) (841 )
At 31 May 2024 81,074 - 81,074
NET BOOK VALUE
At 31 May 2024 3,378 - 3,378
At 31 May 2023 2,812 109 2,921

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 1 -
Corporation tax 11,579 10,439
Other creditors including
taxation and social security 7,192 5,049
Directors' current accounts 2,980 2,831
Accrued expenses 1,025 995
22,777 19,314

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
100 Ordinary £1 100 100
100 Ordinary A £1 100 100
200 200