Company Registration No. 13044402 (England and Wales)
Comfy Workers Limited
Unaudited accounts
for the year ended 31 December 2024
Comfy Workers Limited
Unaudited accounts
Contents
Comfy Workers Limited
Company Information
for the year ended 31 December 2024
Directors
Gregory Houghton DORBAN
Natalie Layla Dorban
Company Number
13044402 (England and Wales)
Registered Office
Bedford Heights
Brickhill Drive
Bedford
Bedfordshire
MK41 7PH
United Kingdom
Accountants
The Accountancy Cloud
1 Fore Street Avenue
London
EC2Y 9DT
Comfy Workers Limited
Statement of financial position
as at 31 December 2024
Tangible assets
41,571
65,627
Cash at bank and in hand
466,017
207,480
Creditors: amounts falling due within one year
(632,525)
(458,405)
Net current assets
106,142
9,359
Total assets less current liabilities
147,713
74,986
Provisions for liabilities
Called up share capital
1,000
1,000
Profit and loss account
144,804
73,986
Shareholders' funds
145,804
74,986
For the 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. 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 27 May 2025 and were signed on its behalf by
Gregory Houghton DORBAN
Director
Company Registration No. 13044402
Comfy Workers Limited
Notes to the Accounts
for the year ended 31 December 2024
Comfy Workers Limited is a private company, limited by shares, registered in England and Wales, registration number 13044402. The registered office is Bedford Heights, Brickhill Drive, Bedford, Bedfordshire, MK41 7PH, United Kingdom.
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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 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:
Motor vehicles
30% Reducing Balance
Fixtures & fittings
30% Reducing Balance
Computer equipment
30% Reducing Balance
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in
operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Expenditure on research and development is written off in the year in which it is incurred.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Comfy Workers Limited
Notes to the Accounts
for the year ended 31 December 2024
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
71,890
869
4,680
77,439
Disposals
(6,399)
-
-
(6,399)
At 31 December 2024
65,491
869
4,680
71,040
At 1 January 2024
10,171
264
1,377
11,812
Charge for the year
16,484
182
991
17,657
At 31 December 2024
26,655
446
2,368
29,469
At 31 December 2024
38,836
423
2,312
41,571
At 31 December 2023
61,719
605
3,303
65,627
Amounts falling due within one year
Trade debtors
134,426
104,091
Accrued income and prepayments
15,655
3,796
Amounts falling due after more than one year
Other debtors
122,569
152,397
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
215,536
15,275
Taxes and social security
36
(1,179)
Other creditors
369,637
419,015
Loans from directors
9,935
9,861
Comfy Workers Limited
Notes to the Accounts
for the year ended 31 December 2024
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
As at 31 December 2024, £9,861 (2023: £9,861) is due to Gregory Houghton Dorban, the director of Comfy Workers Ltd.
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Transactions with related parties
At the year end, a loan of £115,602.74 (2023: £103,397.26) is due from Dorban Investments Limited, a company controlled by Greg Dorban, director. Interest accrues at a rate of 10% and the loan is repayable on demand.
The controlling party is Comfy Workers Corporate Investment FZCO, the parent entity with 100% shareholding. Their registered office is: IFZA Business Park, DDP, PO Box 342001, Dubai, UAE.
Gregory Houghton Dorban holds 100% of the shares in the parent entity and is the ultimate controlling party.
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Average number of employees
During the year the average number of employees was 9 (2023: 8).