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Company Registration No. 11776312 (England and Wales)
SCHNELL COMMERCE LIMITED Unaudited accounts for the period from 1 February 2024 to 31 August 2024
SCHNELL COMMERCE LIMITED Unaudited accounts Contents
Page
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SCHNELL COMMERCE LIMITED Company Information for the period from 1 February 2024 to 31 August 2024
Director
Bahzad Ahmed
Company Number
11776312 (England and Wales)
Registered Office
124 CITY ROAD LONDON EC1V 2NX ENGLAND
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SCHNELL COMMERCE LIMITED Statement of financial position as at 31 August 2024
31/08/2024 
31/01/2024 
Notes
£ 
£ 
Current assets
Debtors
50,405 
13,009 
Cash at bank and in hand
83,598 
26,425 
134,003 
39,434 
Creditors: amounts falling due within one year
(144,794)
(62,577)
Net current liabilities
(10,791)
(23,143)
Net liabilities
(10,791)
(23,143)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(10,792)
(23,144)
Shareholders' funds
(10,791)
(23,143)
For the period ending 31 August 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 8 May 2025 and were signed on its behalf by
Bahzad Ahmed Director Company Registration No. 11776312
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SCHNELL COMMERCE LIMITED Notes to the Accounts for the period from 1 February 2024 to 31 August 2024
1
Statutory information
SCHNELL COMMERCE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11776312. The registered office is 124 CITY ROAD, LONDON, EC1V 2NX, ENGLAND.
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 period, 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.
4
Debtors
31/08/2024 
31/01/2024 
£ 
£ 
Amounts falling due within one year
VAT
- 
73 
Trade debtors
50,405 
12,936 
50,405 
13,009 
5
Creditors: amounts falling due within one year
31/08/2024 
31/01/2024 
£ 
£ 
VAT
3,000 
- 
Trade creditors
52,205 
57,921 
Amounts owed to group undertakings and other participating interests
82,982 
- 
Taxes and social security
481 
- 
Loans from directors
1,106 
2,156 
Accruals
5,020 
2,500 
144,794 
62,577 
6
Average number of employees
During the period the average number of employees was 2 (31/01/2024: 0).
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