Company Registration No. SC516371 (Scotland)
Communicate Mailing Ltd
Unaudited accounts
for the year ended 30 June 2024
Communicate Mailing Ltd
Unaudited accounts
Contents
Communicate Mailing Ltd
Company Information
for the year ended 30 June 2024
Directors
Tommy Latta
Hugh Latta
Company Number
SC516371 (Scotland)
Registered Office
Unit A11 Block 14
Queenslie Industrial Estate
Glasgow
G33 4DR
Accountants
The Accounting Crew Scotland Limited
Certified Public Accountants
8 Benview Road
Glasgow
G76 7PP
Communicate Mailing Ltd
Statement of financial position
as at 30 June 2024
Intangible assets
40,000
40,000
Tangible assets
75,049
90,528
Cash at bank and in hand
25,968
1,586
Creditors: amounts falling due within one year
(113,656)
(180,558)
Net current assets
51,119
21,410
Total assets less current liabilities
166,168
151,938
Creditors: amounts falling due after more than one year
(51,614)
(90,296)
Called up share capital
2
2
Revaluation reserve
40,000
40,000
Profit and loss account
74,552
21,640
Shareholders' funds
114,554
61,642
For the year ending 30 June 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 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 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 of Directors and authorised for issue on 11 November 2024 and were signed on its behalf by
Tommy Latta
Director
Company Registration No. SC516371
Communicate Mailing Ltd
Notes to the Accounts
for the year ended 30 June 2024
Communicate Mailing Ltd is a private company, limited by shares, registered in Scotland, registration number SC516371. The registered office is Unit A11 Block 14, Queenslie Industrial Estate, Glasgow, G33 4DR.
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 following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5% reducing balance
Fixtures & fittings
15% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Communicate Mailing Ltd
Notes to the Accounts
for the year ended 30 June 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
37,995
113,307
10,033
161,335
At 30 June 2024
37,995
113,307
10,033
161,335
At 1 July 2023
-
66,233
4,574
70,807
Charge for the year
7,599
7,061
819
15,479
At 30 June 2024
7,599
73,294
5,393
86,286
At 30 June 2024
30,396
40,013
4,640
75,049
At 30 June 2023
37,995
47,074
5,459
90,528
Amounts falling due within one year
Trade debtors
126,807
175,393
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
55,579
98,901
Taxes and social security
56,719
67,103
Loans from directors
1,358
4,083
8
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
10
Average number of employees
During the year the average number of employees was 6 (2023: 6).