Company Registration No. 09668667 (England and Wales)
Compact Supplies Limited
Unaudited accounts
for the year ended 31 March 2025
Compact Supplies Limited
Unaudited accounts
Contents
Compact Supplies Limited
Company Information
for the year ended 31 March 2025
Directors
Neil Lammiman
Ann Marie Lammiman
Company Number
09668667 (England and Wales)
Registered Office
Green & Co
Ground Floor
23 Albion Street
Hull
North Humberside
HU1 3TG
England
Compact Supplies Limited
Statement of financial position
as at 31 March 2025
Intangible assets
26,000
26,000
Tangible assets
93,846
63,186
Cash at bank and in hand
19,127
11,390
Creditors: amounts falling due within one year
(153,102)
(104,361)
Net current assets
161,578
194,864
Total assets less current liabilities
281,424
284,050
Creditors: amounts falling due after more than one year
(72,456)
(49,863)
Provisions for liabilities
Other provisions
(11,702)
(11,702)
Net assets
197,266
222,485
Called up share capital
2
2
Profit and loss account
197,264
222,483
Shareholders' funds
197,266
222,485
For the year ending 31 March 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 19 September 2025 and were signed on its behalf by
Neil Lammiman
Director
Company Registration No. 09668667
Compact Supplies Limited
Notes to the Accounts
for the year ended 31 March 2025
Compact Supplies Limited is a private company, limited by shares, registered in England and Wales, registration number 09668667. The registered office is Green & Co, Ground Floor, 23 Albion Street, Hull, North Humberside, HU1 3TG, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on Reducing Balance
Motor vehicles
25% on Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Compact Supplies Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2024
88,552
-
88,552
Additions
59,561
12,825
72,386
Disposals
(37,062)
-
(37,062)
At 31 March 2025
111,051
12,825
123,876
At 1 April 2024
25,366
-
25,366
Charge for the year
10,817
1,443
12,260
On disposals
(7,596)
-
(7,596)
At 31 March 2025
28,587
1,443
30,030
At 31 March 2025
82,464
11,382
93,846
At 31 March 2024
63,186
-
63,186
Amounts falling due within one year
Trade debtors
38,267
34,066
Amounts due from group undertakings etc.
210,678
204,788
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
45,242
30,900
Obligations under finance leases and hire purchase contracts
20,603
6,399
Trade creditors
45,649
46,547
Taxes and social security
-
361
Other creditors
3,806
3,680
Loans from directors
36,102
6,650
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
72,456
19,196
Compact Supplies Limited
Notes to the Accounts
for the year ended 31 March 2025
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).