Company registration number 10126055 (England and Wales)
IPSUM COMMERCIAL LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
IPSUM COMMERCIAL LIMITED
COMPANY INFORMATION
Directors
K Cottam
R Marlow
Company number
10126055
Registered office
18 The Bridge Business Centre
Beresford Way
Chesterfield
S41 9FG
Accountants
Ashgates Corporate Services Limited
5 Prospect Place
Millennium Way
Pride Park
Derby
DE24 8HG
IPSUM COMMERCIAL LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3
IPSUM COMMERCIAL LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF IPSUM COMMERCIAL LIMITED FOR THE YEAR ENDED 31 MARCH 2025
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of IPSUM Commercial Limited for the year ended 31 March 2025 which comprise, the 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 at https://www.icaew.com/regulation.

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

It is your duty to ensure that IPSUM Commercial 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 result of IPSUM Commercial Limited. You consider that IPSUM Commercial 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 IPSUM Commercial 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.

Ashgates Corporate Services Limited
5 Prospect Place
Millennium Way
Pride Park
Derby
DE24 8HG
25 July 2025
IPSUM COMMERCIAL LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 2 -
2025
2024
Notes
£
£
£
£
Current assets
Cash at bank and in hand
100
100
Net current assets
100
100
Capital and reserves
-
-
Called up share capital
3
100
100

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 27 June 2025 and are signed on its behalf by:
...............................
K Cottam
Director
Company Registration No. 10126055
IPSUM COMMERCIAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information

IPSUM Commercial Limited is a private company limited by shares incorporated in England and Wales. The registered office is 18 The Bridge Business Centre, Beresford Way, Chesterfield, S41 9FG.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

                        

1.2

Profit and loss account

The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in the financial statements.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
3
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
2025-03-312024-04-01falsefalsefalse25 July 2025CCH SoftwareCCH Accounts Production 2025.100No description of principal activityK CottamR Marlow101260552024-04-012025-03-3110126055bus:Director12024-04-012025-03-3110126055bus:Director22024-04-012025-03-3110126055bus:RegisteredOffice2024-04-012025-03-31101260552025-03-31101260552024-03-3110126055core:ShareCapital2025-03-3110126055core:ShareCapital2024-03-3110126055core:ShareCapitalOrdinaryShareClass12025-03-3110126055core:ShareCapitalOrdinaryShareClass12024-03-31101260552023-04-012024-03-3110126055bus:OrdinaryShareClass12024-04-012025-03-3110126055bus:OrdinaryShareClass12025-03-3110126055bus:OrdinaryShareClass12024-03-3110126055bus:PrivateLimitedCompanyLtd2024-04-012025-03-3110126055bus:SmallCompaniesRegimeForAccounts2024-04-012025-03-3110126055bus:FRS1022024-04-012025-03-3110126055bus:AuditExemptWithAccountantsReport2024-04-012025-03-3110126055bus:FullAccounts2024-04-012025-03-31xbrli:purexbrli:sharesiso4217:GBP