Company Registration No. 11140767 (England and Wales)
COMMENCIZ LTD
Unaudited accounts
for the year ended 31 January 2024
COMMENCIZ LTD
Unaudited accounts
Contents
COMMENCIZ LTD
Company Information
for the year ended 31 January 2024
Company Number
11140767 (England and Wales)
Registered Office
Fairgate House
205 Kings Road, Tyseley
Birmingham
B11 2AA
ENGLAND
COMMENCIZ LTD
Statement of financial position
as at 31 January 2024
Intangible assets
3,403
4,150
Tangible assets
3,591
4,380
Cash at bank and in hand
13,123
10,500
Creditors: amounts falling due within one year
(1,886)
(9,000)
Net current assets
26,921
27,883
Total assets less current liabilities
33,915
36,413
Creditors: amounts falling due after more than one year
(30,000)
(39,000)
Net assets/(liabilities)
3,915
(2,587)
Called up share capital
200
200
Profit and loss account
3,715
(2,787)
Shareholders' funds
3,915
(2,587)
For the year ending 31 January 2024 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 24 October 2024 and were signed on its behalf by
Muhammad Nawaz
Director
Company Registration No. 11140767
COMMENCIZ LTD
Notes to the Accounts
for the year ended 31 January 2024
COMMENCIZ LTD is a private company, limited by shares, registered in England and Wales, registration number 11140767. The registered office is Fairgate House, 205 Kings Road, Tyseley, Birmingham, B11 2AA, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 rate of 18% in order to write off the assets over their estimated useful lives:
Intangible fixed assets are impaired at the rate of 18% included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
COMMENCIZ LTD
Notes to the Accounts
for the year ended 31 January 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
3,526
1,560
2,452
7,538
At 31 January 2024
3,526
1,560
2,452
7,538
At 1 February 2023
1,582
855
721
3,158
Charge for the year
350
127
312
789
At 31 January 2024
1,932
982
1,033
3,947
At 31 January 2024
1,594
578
1,419
3,591
At 31 January 2023
1,944
705
1,731
4,380
Amounts falling due within one year
Accrued income and prepayments
5,801
16,985
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,886
6,104
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 8 (2023: 8).