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REGISTERED NUMBER: 01308158 (England and Wales)








FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

COMMERCIAL
COMPONENTS LIMITED

COMMERCIAL
COMPONENTS LIMITED (REGISTERED NUMBER: 01308158)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

COMMERCIAL
COMPONENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: J M Pitter
S D Pitter





REGISTERED OFFICE: 3 Durrant Road
Bournemouth
Dorset
BH2 6NE





REGISTERED NUMBER: 01308158 (England and Wales)





ACCOUNTANTS: Carter & Coley
Chartered Accountants
3 Durrant Road
Bournemouth
Dorset
BH2 6NE

COMMERCIAL
COMPONENTS LIMITED (REGISTERED NUMBER: 01308158)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 245 497
Tangible assets 5 50,638 68,071
50,883 68,568

CURRENT ASSETS
Stocks 405,474 410,430
Debtors 6 410,915 462,164
Cash at bank and in hand 397,751 366,197
1,214,140 1,238,791
CREDITORS
Amounts falling due within one year 7 655,262 687,292
NET CURRENT ASSETS 558,878 551,499
TOTAL ASSETS LESS CURRENT
LIABILITIES

609,761

620,067

PROVISIONS FOR LIABILITIES 12,660 17,018
NET ASSETS 597,101 603,049

CAPITAL AND RESERVES
Called up share capital 24 24
Capital redemption reserve 76 76
Retained earnings 597,001 602,949
SHAREHOLDERS' FUNDS 597,101 603,049

COMMERCIAL
COMPONENTS LIMITED (REGISTERED NUMBER: 01308158)

BALANCE SHEET - continued
31 MARCH 2025


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 May 2025 and were signed on its behalf by:





J M Pitter - Director


COMMERCIAL
COMPONENTS LIMITED (REGISTERED NUMBER: 01308158)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Commercial Components Limited 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - 10% on cost
Workshop equipment - 30% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 40% on reducing balance
Computer equipment - 20% on reducing balance

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 Statement of Income and Retained Earnings, 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.


COMMERCIAL
COMPONENTS LIMITED (REGISTERED NUMBER: 01308158)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2024 - 22 ) .

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 1 April 2024
and 31 March 2025 1,251
AMORTISATION
At 1 April 2024 754
Amortisation for year 252
At 31 March 2025 1,006
NET BOOK VALUE
At 31 March 2025 245
At 31 March 2024 497

COMMERCIAL
COMPONENTS LIMITED (REGISTERED NUMBER: 01308158)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


5. TANGIBLE FIXED ASSETS
Fixtures
Long Workshop and
leasehold equipment fittings
£    £    £   
COST
At 1 April 2024 11,260 25,493 118,809
Additions - - -
Disposals - - -
At 31 March 2025 11,260 25,493 118,809
DEPRECIATION
At 1 April 2024 11,260 24,044 112,129
Charge for year - 436 1,004
Eliminated on disposal - - -
At 31 March 2025 11,260 24,480 113,133
NET BOOK VALUE
At 31 March 2025 - 1,013 5,676
At 31 March 2024 - 1,449 6,680

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2024 117,930 82,229 355,721
Additions 24,683 846 25,529
Disposals (47,808 ) - (47,808 )
At 31 March 2025 94,805 83,075 333,442
DEPRECIATION
At 1 April 2024 71,224 68,993 287,650
Charge for year 19,277 3,753 24,470
Eliminated on disposal (29,316 ) - (29,316 )
At 31 March 2025 61,185 72,746 282,804
NET BOOK VALUE
At 31 March 2025 33,620 10,329 50,638
At 31 March 2024 46,706 13,236 68,071

COMMERCIAL
COMPONENTS LIMITED (REGISTERED NUMBER: 01308158)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 406,887 458,966
Other debtors 4,028 3,198
410,915 462,164

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 414,230 432,250
Taxation and social security 198,837 213,282
Other creditors 42,195 41,760
655,262 687,292

8. RELATED PARTY DISCLOSURES

An interest free loan of £39,000 (2024: £39,000) has been received from a company associated to the directors. The loan is repayable on demand.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
COMMERCIAL
COMPONENTS LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Commercial Components Limited for the year ended 31 March 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Commercial Components Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Commercial Components Limited and state those matters that we have agreed to state to the Board of Directors of Commercial Components Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Commercial Components Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Commercial Components Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Commercial Components Limited. You consider that Commercial Components Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Commercial Components Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Carter & Coley
Chartered Accountants
3 Durrant Road
Bournemouth
Dorset
BH2 6NE


6 May 2025