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REGISTERED NUMBER: 07297770 (England and Wales)






























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

COMILIAN LTD

COMILIAN LTD (REGISTERED NUMBER: 07297770)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COMILIAN LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr S Islam
Mrs D Islam





REGISTERED OFFICE: Soho Plaza
41 Halford Street
Leicester
LE1 1TR





REGISTERED NUMBER: 07297770 (England and Wales)

COMILIAN LTD (REGISTERED NUMBER: 07297770)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 37,294 6,177

CURRENT ASSETS
Stocks 5 5,000 5,750
Debtors 6 374 281
Cash at bank and in hand 89,891 75,811
95,265 81,842
CREDITORS
Amounts falling due within one year 7 152,253 112,197
NET CURRENT LIABILITIES (56,988 ) (30,355 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(19,694

)

(24,178

)

CREDITORS
Amounts falling due after more than one
year

8

(29,907

)

(36,107

)

PROVISIONS FOR LIABILITIES (7,086 ) (1,174 )
NET LIABILITIES (56,687 ) (61,459 )

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings (56,887 ) (61,659 )
(56,687 ) (61,459 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

COMILIAN LTD (REGISTERED NUMBER: 07297770)

BALANCE SHEET - continued
31 MARCH 2024


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 Board of Directors and authorised for issue on 28 March 2025 and were signed on its behalf by:





Mr S Islam - Director


COMILIAN LTD (REGISTERED NUMBER: 07297770)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Comilian Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Going concern
The company is supported by the shareholders and directors of the company, who will continue to support the company for the foreseeable future. The directors confirm that they will not seek repayment of their loan account until the company is commercially able to do so. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax. The company supplies products and services to customers under standard terms and conditions. In all cases revenue is recognised when the risks and rewards of ownership are transferred.

Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold - 20% on cost
Fixtures, fittings and equipment - 25% on cost
Motor vehicles - 20% on 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.


COMILIAN LTD (REGISTERED NUMBER: 07297770)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued
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.

Operating leases
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 7 ) .

COMILIAN LTD (REGISTERED NUMBER: 07297770)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. TANGIBLE FIXED ASSETS
Fixtures,
fittings
Short and Motor
leasehold equipment vehicles Totals
£    £    £    £   
COST
At 1 April 2023 11,260 25,443 - 36,703
Additions - 29,543 15,750 45,293
At 31 March 2024 11,260 54,986 15,750 81,996
DEPRECIATION
At 1 April 2023 11,260 19,266 - 30,526
Charge for year - 11,026 3,150 14,176
At 31 March 2024 11,260 30,292 3,150 44,702
NET BOOK VALUE
At 31 March 2024 - 24,694 12,600 37,294
At 31 March 2023 - 6,177 - 6,177

5. STOCKS
2024 2023
£    £   
Stocks 5,000 5,750

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 374 281

7. CREDITORS LESS THAN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,827 6,584
Trade creditors 2,798 -
Taxation and social security 10,225 19,551
Other creditors 132,403 86,062
152,253 112,197

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 29,907 36,107

COMILIAN LTD (REGISTERED NUMBER: 07297770)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


9. LEASING AGREEMENTS

The company had future operating lease commitments of £33,333 (2023 - £83,333).

10. RELATED PARTY DISCLOSURES

At the year end the company owed £125,847 (2023 - £79,032) to the directors of the company.

No interest was charged on the above balances.

11. PENSION COMMITMENTS

The company operates defined contribution pension schemes. The assets of the schemes are held separately from those of the company within independently administered funds. The total contributions paid in the year amounted to £3,284 (2023 - £1,933). Contributions of £116 (2023 - £350) were unpaid at the year end.