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REGISTERED NUMBER: 04604544 (England and Wales)








FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

COMMERCIAL COMPONENTS
(PORTSMOUTH) LTD

COMMERCIAL COMPONENTS
(PORTSMOUTH) LTD (REGISTERED NUMBER: 04604544)

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
(PORTSMOUTH) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: D S Williamson
J M Pitter
S D Pitter





REGISTERED OFFICE: 3 Durrant Road
Bournemouth
Dorset
BH2 6NE





REGISTERED NUMBER: 04604544 (England and Wales)





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

COMMERCIAL COMPONENTS
(PORTSMOUTH) LTD (REGISTERED NUMBER: 04604544)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 821 1,027
Tangible assets 5 7,103 10,458
7,924 11,485

CURRENT ASSETS
Debtors 6 94,137 105,913
Cash at bank and in hand 68,126 62,583
162,263 168,496
CREDITORS
Amounts falling due within one year 7 64,875 71,622
NET CURRENT ASSETS 97,388 96,874
TOTAL ASSETS LESS CURRENT
LIABILITIES

105,312

108,359

PROVISIONS FOR LIABILITIES 1,981 2,815
NET ASSETS 103,331 105,544

CAPITAL AND RESERVES
Called up share capital 8 102 102
Retained earnings 103,229 105,442
SHAREHOLDERS' FUNDS 103,331 105,544

COMMERCIAL COMPONENTS
(PORTSMOUTH) LTD (REGISTERED NUMBER: 04604544)

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 2 May 2025 and were signed on its behalf by:





J M Pitter - Director


COMMERCIAL COMPONENTS
(PORTSMOUTH) LTD (REGISTERED NUMBER: 04604544)

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


1. STATUTORY INFORMATION

Commercial Components (Portsmouth) Ltd 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 represents commission earned from the sale of goods, excluding Value Added Tax.

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.
Motor vehicles - 40% on reducing balance
Equipment - 20% on reducing balance

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
(PORTSMOUTH) LTD (REGISTERED NUMBER: 04604544)

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 4 (2024 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 1 April 2024
and 31 March 2025 2,563
AMORTISATION
At 1 April 2024 1,536
Amortisation for year 206
At 31 March 2025 1,742
NET BOOK VALUE
At 31 March 2025 821
At 31 March 2024 1,027

COMMERCIAL COMPONENTS
(PORTSMOUTH) LTD (REGISTERED NUMBER: 04604544)

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


5. TANGIBLE FIXED ASSETS
Motor
vehicles Equipment Totals
£    £    £   
COST
At 1 April 2024
and 31 March 2025 26,909 39,636 66,545
DEPRECIATION
At 1 April 2024 20,587 35,500 56,087
Charge for year 2,528 827 3,355
At 31 March 2025 23,115 36,327 59,442
NET BOOK VALUE
At 31 March 2025 3,794 3,309 7,103
At 31 March 2024 6,322 4,136 10,458

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 55,137 66,913
Other debtors 39,000 39,000
94,137 105,913

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 4,378 4,153
Taxation and social security 53,423 60,296
Other creditors 7,074 7,173
64,875 71,622

COMMERCIAL COMPONENTS
(PORTSMOUTH) LTD (REGISTERED NUMBER: 04604544)

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


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
3 Ordinary £1 3 3
33 Ordinary A £1 33 33
33 Ordinary B £1 33 33
33 Ordinary C £1 33 33
102 102

9. RELATED PARTY DISCLOSURES

A loan has been given to an associated company of £39,000 (2024: £39,000). The loan is interest free and repayable on demand. The amount outstanding on the balance sheet is included within other debtors.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
COMMERCIAL COMPONENTS
(PORTSMOUTH) LTD


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 (Portsmouth) Ltd 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 (Portsmouth) Ltd, 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 (Portsmouth) Ltd and state those matters that we have agreed to state to the Board of Directors of Commercial Components (Portsmouth) Ltd, 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 (Portsmouth) Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Commercial Components (Portsmouth) Ltd 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 (Portsmouth) Ltd. You consider that Commercial Components (Portsmouth) Ltd 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 (Portsmouth) Ltd. 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


2 May 2025