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REGISTERED NUMBER: 13690399 (England and Wales)








Unaudited Financial Statements

for the Year Ended

31 December 2023

for

Combi Holdings Limited

Combi Holdings Limited (Registered number: 13690399)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Combi Holdings Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: I Ahmed





REGISTERED OFFICE: 238 Oldbury Road
West Bromwich
West Midlands
B70 9BJ





REGISTERED NUMBER: 13690399 (England and Wales)





ACCOUNTANTS: Nicklin Accountancy Services Limited
Church Court
Stourbridge Road
Halesowen
West Midlands
B63 3TT

Combi Holdings Limited (Registered number: 13690399)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 209,900 236,139
Investments 5 200 200
210,100 236,339

CURRENT ASSETS
Stocks 476,095 476,095
Debtors 6 29,495 56,528
Cash at bank 7,681 15,040
513,271 547,663
CREDITORS
Amounts falling due within one year 7 298,789 684,193
NET CURRENT ASSETS/(LIABILITIES) 214,482 (136,530 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

424,582

99,809

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 424,382 99,609
SHAREHOLDERS' FUNDS 424,582 99,809

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 30 July 2024 and were signed by:





I Ahmed - Director


Combi Holdings Limited (Registered number: 13690399)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Combi Holdings 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.

Preparation of consolidated financial statements
The financial statements contain information about Combi Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 10% on cost
Motor vehicles - 10% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 1 (2022 - 1 ) .

Combi Holdings Limited (Registered number: 13690399)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 200,396 61,982 262,378
DEPRECIATION
At 1 January 2023 20,040 6,199 26,239
Charge for year 20,040 6,199 26,239
At 31 December 2023 40,080 12,398 52,478
NET BOOK VALUE
At 31 December 2023 160,316 49,584 209,900
At 31 December 2022 180,356 55,783 236,139

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2023
and 31 December 2023 200
NET BOOK VALUE
At 31 December 2023 200
At 31 December 2022 200

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 6,174 47,376
Amounts owed by group undertakings 23,321 -
Other debtors - 9,152
29,495 56,528

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings - 422,456
Taxation and social security 13,775 -
Other creditors 285,014 261,737
298,789 684,193

8. RELATED PARTY DISCLOSURES

Amounts owed to the director at 31st December 2023 amounted to £283,514 (2022 £260,237)