1 December 2022 false No description of principal activity Taxfiler 2024.5 12301168business:PrivateLimitedCompanyLtd2022-12-012023-11-30 123011682022-11-30 123011682022-12-012023-11-30 12301168business:AuditExempt-NoAccountantsReport2022-12-012023-11-30 12301168business:FilletedAccounts2022-12-012023-11-30 123011682023-11-30 12301168business:Director12022-12-012023-11-30 12301168business:RegisteredOffice2022-12-012023-11-30 123011682022-11-30 12301168core:AfterOneYear2023-11-30 12301168core:AfterOneYear2022-11-30 12301168core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 12301168core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 12301168core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 12301168core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 12301168core:PreviouslyStatedAmount2023-11-30 12301168core:PreviouslyStatedAmount2022-11-30 12301168business:SmallEntities2022-12-012023-11-30 12301168countries:EnglandWales2022-12-012023-11-30 12301168core:MotorVehicles2022-11-30 12301168core:MotorVehicles2022-12-012023-11-30 12301168core:MotorVehicles2023-11-30 123011682021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 12301168 (England and Wales)
COMMERCIAL INC. LTD Unaudited accounts for the year ended 30 November 2023
COMMERCIAL INC. LTD Unaudited accounts Contents
Page
- 2 -
COMMERCIAL INC. LTD Company Information for the year ended 30 November 2023
Director
Olisameka Okonkwo
Company Number
12301168 (England and Wales)
Registered Office
6 Longhoughton Avenue, Western Cross, Ebbsfleet Valley, DA10 1FU UNITED KINGDOM
Accountants
Grimsby & Company 105 Temple Hill Dartford Kent DA1 5TU
- 3 -
COMMERCIAL INC. LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
67,807 
- 
Current assets
Cash at bank and in hand
- 
97 
Net current assets
- 
97 
Total assets less current liabilities
67,807 
97 
Creditors: amounts falling due after more than one year
(79,085)
(3,168)
Net liabilities
(11,278)
(3,071)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(11,378)
(3,171)
Shareholders' funds
(11,278)
(3,071)
For the year ending 30 November 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 15 August 2024 and were signed on its behalf by
Olisameka Okonkwo Director Company Registration No. 12301168
- 4 -
COMMERCIAL INC. LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
COMMERCIAL INC. LTD is a private company, limited by shares, registered in England and Wales, registration number 12301168. The registered office is 6 Longhoughton Avenue, , Western Cross, Ebbsfleet Valley,, DA10 1FU, UNITED KINGDOM.
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 following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 December 2022
- 
Additions
67,807 
At 30 November 2023
67,807 
Depreciation
At 30 November 2023
- 
Net book value
At 30 November 2023
67,807 
5
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
40,000 
- 
Loans from directors
39,085 
3,168 
79,085 
3,168 
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 5 -