2023-11-012024-10-312024-10-31false06387456MSI COMMERCE LIMITED2025-06-1162020falseiso4217:GBPxbrli:pure063874562023-11-01063874562024-10-31063874562023-11-012024-10-31063874562022-11-01063874562023-10-31063874562022-11-012023-10-3106387456bus:SmallEntities2023-11-012024-10-3106387456bus:AuditExempt-NoAccountantsReport2023-11-012024-10-3106387456bus:AbridgedAccounts2023-11-012024-10-3106387456bus:PrivateLimitedCompanyLtd2023-11-012024-10-3106387456core:WithinOneYear2024-10-3106387456core:AfterOneYear2024-10-3106387456core:WithinOneYear2023-10-3106387456core:AfterOneYear2023-10-3106387456core:ShareCapital2024-10-3106387456core:SharePremium2024-10-3106387456core:RevaluationReserve2024-10-3106387456core:OtherReservesSubtotal2024-10-3106387456core:RetainedEarningsAccumulatedLosses2024-10-3106387456core:ShareCapital2023-10-3106387456core:SharePremium2023-10-3106387456core:RevaluationReserve2023-10-3106387456core:OtherReservesSubtotal2023-10-3106387456core:RetainedEarningsAccumulatedLosses2023-10-3106387456core:LandBuildings2024-10-3106387456core:PlantMachinery2024-10-3106387456core:Vehicles2024-10-3106387456core:FurnitureFittings2024-10-3106387456core:OfficeEquipment2024-10-3106387456core:NetGoodwill2024-10-3106387456core:IntangibleAssetsOtherThanGoodwill2024-10-3106387456core:ListedExchangeTraded2024-10-3106387456core:UnlistedNon-exchangeTraded2024-10-3106387456core:LandBuildings2023-10-3106387456core:PlantMachinery2023-10-3106387456core:Vehicles2023-10-3106387456core:FurnitureFittings2023-10-3106387456core:OfficeEquipment2023-10-3106387456core:NetGoodwill2023-10-3106387456core:IntangibleAssetsOtherThanGoodwill2023-10-3106387456core:ListedExchangeTraded2023-10-3106387456core:UnlistedNon-exchangeTraded2023-10-3106387456core:LandBuildings2023-11-012024-10-3106387456core:PlantMachinery2023-11-012024-10-3106387456core:Vehicles2023-11-012024-10-3106387456core:FurnitureFittings2023-11-012024-10-3106387456core:OfficeEquipment2023-11-012024-10-3106387456core:NetGoodwill2023-11-012024-10-3106387456core:IntangibleAssetsOtherThanGoodwill2023-11-012024-10-3106387456core:ListedExchangeTraded2023-11-012024-10-3106387456core:UnlistedNon-exchangeTraded2023-11-012024-10-3106387456core:MoreThanFiveYears2023-11-012024-10-3106387456core:Non-currentFinancialInstruments2024-10-3106387456core:Non-currentFinancialInstruments2023-10-3106387456dpl:CostSales2023-11-012024-10-3106387456dpl:DistributionCosts2023-11-012024-10-3106387456core:LandBuildings2023-11-012024-10-3106387456core:PlantMachinery2023-11-012024-10-3106387456core:Vehicles2023-11-012024-10-3106387456core:FurnitureFittings2023-11-012024-10-3106387456core:OfficeEquipment2023-11-012024-10-3106387456dpl:AdministrativeExpenses2023-11-012024-10-3106387456core:NetGoodwill2023-11-012024-10-3106387456core:IntangibleAssetsOtherThanGoodwill2023-11-012024-10-3106387456dpl:GroupUndertakings2023-11-012024-10-3106387456dpl:ParticipatingInterests2023-11-012024-10-3106387456dpl:GroupUndertakingscore:ListedExchangeTraded2023-11-012024-10-3106387456core:ListedExchangeTraded2023-11-012024-10-3106387456dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-11-012024-10-3106387456core:UnlistedNon-exchangeTraded2023-11-012024-10-3106387456dpl:CostSales2022-11-012023-10-3106387456dpl:DistributionCosts2022-11-012023-10-3106387456core:LandBuildings2022-11-012023-10-3106387456core:PlantMachinery2022-11-012023-10-3106387456core:Vehicles2022-11-012023-10-3106387456core:FurnitureFittings2022-11-012023-10-3106387456core:OfficeEquipment2022-11-012023-10-3106387456dpl:AdministrativeExpenses2022-11-012023-10-3106387456core:NetGoodwill2022-11-012023-10-3106387456core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3106387456dpl:GroupUndertakings2022-11-012023-10-3106387456dpl:ParticipatingInterests2022-11-012023-10-3106387456dpl:GroupUndertakingscore:ListedExchangeTraded2022-11-012023-10-3106387456core:ListedExchangeTraded2022-11-012023-10-3106387456dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-11-012023-10-3106387456core:UnlistedNon-exchangeTraded2022-11-012023-10-3106387456core:NetGoodwill2024-10-3106387456core:IntangibleAssetsOtherThanGoodwill2024-10-3106387456core:LandBuildings2024-10-3106387456core:PlantMachinery2024-10-3106387456core:Vehicles2024-10-3106387456core:FurnitureFittings2024-10-3106387456core:OfficeEquipment2024-10-3106387456core:AfterOneYear2024-10-3106387456core:WithinOneYear2024-10-3106387456core:ListedExchangeTraded2024-10-3106387456core:UnlistedNon-exchangeTraded2024-10-3106387456core:ShareCapital2024-10-3106387456core:SharePremium2024-10-3106387456core:RevaluationReserve2024-10-3106387456core:OtherReservesSubtotal2024-10-3106387456core:RetainedEarningsAccumulatedLosses2024-10-3106387456core:NetGoodwill2023-10-3106387456core:IntangibleAssetsOtherThanGoodwill2023-10-3106387456core:LandBuildings2023-10-3106387456core:PlantMachinery2023-10-3106387456core:Vehicles2023-10-3106387456core:FurnitureFittings2023-10-3106387456core:OfficeEquipment2023-10-3106387456core:AfterOneYear2023-10-3106387456core:WithinOneYear2023-10-3106387456core:ListedExchangeTraded2023-10-3106387456core:UnlistedNon-exchangeTraded2023-10-3106387456core:ShareCapital2023-10-3106387456core:SharePremium2023-10-3106387456core:RevaluationReserve2023-10-3106387456core:OtherReservesSubtotal2023-10-3106387456core:RetainedEarningsAccumulatedLosses2023-10-3106387456core:NetGoodwill2022-11-0106387456core:IntangibleAssetsOtherThanGoodwill2022-11-0106387456core:LandBuildings2022-11-0106387456core:PlantMachinery2022-11-0106387456core:Vehicles2022-11-0106387456core:FurnitureFittings2022-11-0106387456core:OfficeEquipment2022-11-0106387456core:AfterOneYear2022-11-0106387456core:WithinOneYear2022-11-0106387456core:ListedExchangeTraded2022-11-0106387456core:UnlistedNon-exchangeTraded2022-11-0106387456core:ShareCapital2022-11-0106387456core:SharePremium2022-11-0106387456core:RevaluationReserve2022-11-0106387456core:OtherReservesSubtotal2022-11-0106387456core:RetainedEarningsAccumulatedLosses2022-11-0106387456core:AfterOneYear2023-11-012024-10-3106387456core:WithinOneYear2023-11-012024-10-3106387456core:Non-currentFinancialInstrumentscore:CostValuation2023-11-012024-10-3106387456core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-11-012024-10-3106387456core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-11-012024-10-3106387456core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-11-012024-10-3106387456core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-11-012024-10-3106387456core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-11-012024-10-3106387456core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-11-012024-10-3106387456core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-11-012024-10-3106387456core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-11-012024-10-3106387456core:Non-currentFinancialInstrumentscore:CostValuation2024-10-3106387456core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-10-3106387456core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-10-3106387456core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-10-3106387456core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-10-3106387456core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-10-3106387456core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-10-3106387456core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-10-3106387456core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-10-3106387456core:Non-currentFinancialInstrumentscore:CostValuation2023-10-3106387456core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-10-3106387456core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-10-3106387456core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-10-3106387456core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-10-3106387456core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-10-3106387456core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-10-3106387456core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-10-3106387456core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-10-3106387456bus:Director12023-11-012024-10-3106387456bus:Director22023-11-012024-10-31

MSI COMMERCE LIMITED

Registered Number
06387456
(England and Wales)

Unaudited Financial Statements for the Year ended
31 October 2024

MSI COMMERCE LIMITED
Company Information
for the year from 1 November 2023 to 31 October 2024

Directors

BATES, Marianne Louise
BATES, Michael Anthony

Company Secretary

BATES, Marianne Louise

Registered Address

25 Silistria Close, Knaphill
Woking
Surrey
GU21 2TL

Registered Number

06387456 (England and Wales)
MSI COMMERCE LIMITED
Balance Sheet as at
31 October 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3-250
-250
Current assets
Debtors-3,010
-3,010
Creditors amounts falling due within one year(14,977)(10,202)
Net current assets (liabilities)(14,977)(7,192)
Total assets less current liabilities(14,977)(6,942)
Creditors amounts falling due after one year(9,511)(13,798)
Net assets(24,488)(20,740)
Capital and reserves
Called up share capital22
Profit and loss account(24,490)(20,742)
Shareholders' funds(24,488)(20,740)
The financial statements were approved and authorised for issue by the Board of Directors on 11 June 2025, and are signed on its behalf by:
BATES, Michael Anthony
Director
Registered Company No. 06387456
MSI COMMERCE LIMITED
Notes to the Financial Statements
for the year ended 31 October 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery3
2.Average number of employees

20242023
Average number of employees during the year22
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 November 234,300
At 31 October 244,300
Depreciation and impairment
At 01 November 234,051
Charge for year249
At 31 October 244,300
Net book value
At 31 October 24-
At 31 October 23250