COMMERCIAL SUPPLIES LIMITED

Company Registration Number:
01450677 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

COMMERCIAL SUPPLIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

COMMERCIAL SUPPLIES LIMITED

Company Information

for the Period Ended 31 December 2023




Director: D Petch
S Petch
Registered office: Howgare Road
Broadchalke
Salisbury
Wiltshire
SP5 5DR
Company Registration Number: 01450677 (England and Wales)

COMMERCIAL SUPPLIES LIMITED

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 27,846 17,500
Total fixed assets: 27,846 17,500
Current assets
Stocks: 47,763 45,984
Debtors: 5 125,345 96,662
Cash at bank and in hand: 78,624 59,585
Total current assets: 251,732 202,231
Creditors: amounts falling due within one year: 6 ( 162,062 ) ( 109,105 )
Net current assets (liabilities): 89,670 93,126
Total assets less current liabilities: 117,516 110,626
Accruals and deferred income: ( 2,047 ) ( 2,035 )
Total net assets (liabilities): 115,469 108,591

The notes form part of these financial statements

COMMERCIAL SUPPLIES LIMITED

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 114,469 107,591
Shareholders funds: 115,469 108,591

For the year ending 31 December 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 10 September 2024
And Signed On Behalf Of The Board By:

Name: D Petch
Status: Director

The notes form part of these financial statements

COMMERCIAL SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

COMMERCIAL SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

COMMERCIAL SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

COMMERCIAL SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Motor vehicles Total
Cost £ £ £ £ £
At 01 January 2023 5,209 32,953 6,575 15,150 59,887
Additions - - - 24,094 24,094
Disposals - - - ( 15,150 ) ( 15,150 )
Revaluations - - - - -
Transfers - - - - -
At 31 December 2023 5,209 32,953 6,575 24,094 68,831
Depreciation
At 01 January 2023 3,702 21,753 6,575 10,357 42,387
Charge for year 130 2,800 - 6,024 8,954
On disposals - - - ( 10,356 ) ( 10,356 )
Other adjustments - - - - -
At 31 December 2023 3,832 24,553 6,575 6,025 40,985
Net book value
At 31 December 2023 1,377 8,400 0 18,069 27,846
At 31 December 2022 1,507 11,200 0 4,793 17,500

COMMERCIAL SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Debtors


2023
£

2022
£
Trade debtors 122,241 90,659
Prepayments and accrued income 1,027 1,058
Other debtors 2,077 4,945
Total 125,345 96,662

COMMERCIAL SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 105,816 64,839
Taxation and social security 6,220 5,685
Other creditors 50,026 38,581
Total 162,062 109,105