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Company Registration No. 03928959 (England and Wales)
Comtran Limited Unaudited accounts for the year ended 31 July 2024
Comtran Limited Unaudited accounts Contents
Page
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Comtran Limited Company Information for the year ended 31 July 2024
Director
C R Green
Company Number
03928959 (England and Wales)
Registered Office
Churchill House 137-139 Brent Street London NW4 4DJ
Accountants
Clearfin Accountants Limited Churchill House 137-139 Brent Street London NW4 4DJ
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Comtran Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,453 
2,886 
Current assets
Inventories
3,120 
2,920 
Debtors
8,915 
40,382 
Cash at bank and in hand
57,395 
132,881 
69,430 
176,183 
Creditors: amounts falling due within one year
(67,375)
(126,275)
Net current assets
2,055 
49,908 
Net assets
4,508 
52,794 
Capital and reserves
Called up share capital
50 
50 
Capital redemption reserve
50 
50 
Profit and loss account
4,408 
52,694 
Shareholders' funds
4,508 
52,794 
For the year ending 31 July 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 16 April 2025 and were signed on its behalf by
C R Green Director Company Registration No. 03928959
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Comtran Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Comtran Limited is a private company, limited by shares, registered in England and Wales, registration number 03928959. The registered office is Churchill House, 137-139 Brent Street, London, NW4 4DJ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
15% on Reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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Comtran Limited Notes to the Accounts for the year ended 31 July 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 August 2023
9,045 
At 31 July 2024
9,045 
Depreciation
At 1 August 2023
6,159 
Charge for the year
433 
At 31 July 2024
6,592 
Net book value
At 31 July 2024
2,453 
At 31 July 2023
2,886 
5
Inventories
2024 
2023 
£ 
£ 
Finished goods
3,120 
2,920 
3,120 
2,920 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
8,915 
38,532 
Accrued income and prepayments
- 
1,850 
8,915 
40,382 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
11,594 
12,071 
Trade creditors
4,524 
9,338 
Taxes and social security
36,129 
24,497 
Other creditors
11,519 
22,976 
Loans from directors
649 
52,575 
Accruals
2,960 
2,960 
Deferred income
- 
1,858 
67,375 
126,275 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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