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Registration number: 06186627

Compton Communications Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2024

 

Compton Communications Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3 to 7

 

Compton Communications Limited

Company Information

Directors

Mr J M Aljoe

Mr M C Aljoe

Mrs Sally Aljoe

Company secretary

Mrs Sally Aljoe

Registered office

9A Burroughs Gardens
London
NW4 4AU

Registered number

06186627

Accountants

Ripe LLP
Chartered accountants9A Burroughs Gardens
London
NW4 4AU

 

Compton Communications Limited

(Registration number: 06186627)
Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

135,642

233,333

Cash at bank and in hand

 

52,069

48,620

 

187,711

281,953

Creditors: Amounts falling due within one year

6

(134,421)

(196,130)

Net assets

 

53,290

85,823

Capital and reserves

 

Called up share capital

7

100

100

Retained earnings

53,190

85,723

Shareholders' funds

 

53,290

85,823

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 11 April 2025 and signed on its behalf by:
 

.........................................
Mr M C Aljoe
Director

   
     
 

Compton Communications Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
9A Burroughs Gardens
London
NW4 4AU
England

The principal place of business is:
Old Trees
Green Dene
East Horsley
Surrey
KT24 5RF

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in Sterling (£) and figures are shown to the nearest whole pound.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Compton Communications Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 2).

 

Compton Communications Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

4

Taxation

Tax charged/(credited) in the profit and loss account

2024
£

2023
£

Current taxation

UK corporation tax

2,846

12,558

 

Compton Communications Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

5

Debtors

Current

Note

2024
£

2023
£

Trade debtors

 

9,084

3,699

Amounts owed by related parties

9

119,058

172,569

Other debtors

 

7,500

57,065

   

135,642

233,333

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Trade creditors

 

5,400

63,206

Amount due to related parties

9

104,541

104,541

Other creditors

 

24,480

28,383

 

134,421

196,130

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100

       

8

Dividend

2024
 £

2023
 £

Ordinary shares of £1 each
Final

42,000

48,000

 

Compton Communications Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

9

Related party transactions

Mr M.C. Aljoe is a director of the following related company.

At the balance sheet date,

a) Abbey Leisure Group Limited owed £107,155 (2023: £40,198) to the company.

b) Abbey Box Office Limited owed £22,743 (2023: £101,061) to the company.

At the balance sheet date, the company owed:

a) £39,034 (2023: £39,033) to Helenslea Limited.

b) £13,808 (2023: £13,808) to Abbey International Events Limited.

c) £10,840 to DAM Management Limited, where as DAM Management Limited owed £31,310 to the company in last year.

d) £51,699 (2023: £51,700) to Mr M.C Aljoe, a director and shareholder of the company.