Company Registration No. 4208684 (England and Wales)
Commco Print Solutions Limited
Unaudited accounts
for the year ended 31 May 2024
Commco Print Solutions Limited
Unaudited accounts
Contents
Commco Print Solutions Limited
Company Information
for the year ended 31 May 2024
Company Number
4208684 (England and Wales)
Registered Office
10 ATKINSON STREET
WALLSEND
TYNE AND WEAR
NE28 6RG
Commco Print Solutions Limited
Accountants' report
Accountants' report to the director of Commco Print Solutions Limited on the preparation of the unaudited statutory accounts for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Commco Print Solutions Limited for the year ended
31 May 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Commco Print Solutions Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Commco Print Solutions Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Commco Print Solutions Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Commco Print Solutions Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Commco Print Solutions Limited. You consider that Commco Print Solutions Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Commco Print Solutions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Commco Print Solutions Limited
Statement of financial position
as at 31 May 2024
Cash at bank and in hand
18,899
14,206
Creditors: amounts falling due within one year
(187,777)
(149,064)
Net current liabilities
(129,890)
(93,899)
Total assets less current liabilities
(129,890)
(93,899)
Creditors: amounts falling due after more than one year
-
(51,237)
Net liabilities
(129,890)
(145,136)
Called up share capital
20
20
Profit and loss account
(129,910)
(145,156)
Shareholders' funds
(129,890)
(145,136)
For the year ending 31 May 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 28 February 2025 and were signed on its behalf by
Michael Robson
Director
Company Registration No. 4208684
Commco Print Solutions Limited
Notes to the Accounts
for the year ended 31 May 2024
Commco Print Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 4208684. The registered office is 10 ATKINSON STREET, WALLSEND, TYNE AND WEAR, NE28 6RG.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% Straight Line
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
36,431
40,959
Amounts falling due after more than one year
Commco Print Solutions Limited
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
54,866
56,586
Loans from directors
34,148
101,510
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
20 Ordinary shares of £1 each
20
20
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).