REGISTERED NUMBER: 02081107 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Commercial Systems International Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D A Craven

M Kleinhout

REGISTERED OFFICE:

Unit A

133 Marfleet Avenue

Hull

E Yorks

HU9 5SA

REGISTERED NUMBER:

02081107 (England and Wales)

FIXED ASSETS

Tangible assets

4

240,539

270,418

CURRENT ASSETS

Stocks

449,035

1,379,391

Debtors

5

1,693,667

998,936

Cash at bank and in hand

791

1,106

2,143,493

2,379,433

CREDITORS

Amounts falling due within one year

6

1,317,950

1,459,638

NET CURRENT ASSETS

825,543

919,795

TOTAL ASSETS LESS CURRENT LIABILITIES

1,066,082

1,190,213

CREDITORS

Amounts falling due after more than one year

7

(125,527

)

(145,931

)

PROVISIONS FOR LIABILITIES

(46,685

)

(43,895

)

NET ASSETS

893,870

1,000,387

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

892,870

999,387

SHAREHOLDERS' FUNDS

893,870

1,000,387

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2025 and were signed on its behalf by:

D A Craven - Director

1.	STATUTORY INFORMATION

Commercial Systems International 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance, 15% on reducing balance and Straight line over 20 years

Stocks

Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items. Cost is calculated on an average cost basis.

Taxation

Taxation for the yearyear comprises current and deferred tax. Tax is recognised in the Income Statement, 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 as the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 47 (2024 - 47 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2024

1,128,897

Additions

14,931

Disposals

(6,000

)

At 31 January 2025

1,137,828

DEPRECIATION

At 1 February 2024

858,479

Charge for year

43,882

Eliminated on disposal

(5,072

)

At 31 January 2025

897,289

NET BOOK VALUE

At 31 January 2025

240,539

At 31 January 2024

270,418

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 February 2024

and 31 January 2025

82,210

DEPRECIATION

At 1 February 2024

58,908

Charge for year

5,826

At 31 January 2025

64,734

NET BOOK VALUE

At 31 January 2025

17,476

At 31 January 2024

23,302

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

1,460,057

815,415

Amounts owed by group undertakings

135,962

134,182

Other debtors

97,648

49,339

1,693,667

998,936

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

42,754

125,407

Hire purchase contracts

14,513

7,005

Trade creditors

977,159

813,638

Taxation and social security

132,802

217,674

Other creditors

150,722

295,914

1,317,950

1,459,638

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Hire purchase contracts

17,210

37,464

Other creditors

108,317

108,467

125,527

145,931

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.25

31.1.24

£

£

Bank overdrafts

42,754

125,407

Hire purchase contracts

31,723

44,469

74,477

169,876

Obligations under hire purchase agreements are secured by a charge over the assets to which they relate.

The bank overdraft is secured by way of a fixed and floating charge over all the assets of the company.

9.	RELATED PARTY DISCLOSURES

31.1.25

31.1.24

£

£

Amounts owing from related parties

11,824

1,946

Amounts owing to related parties

164,751

167,433

Management charges received from related parties

-

-

Sales to related parties during the year

87,243

60,042

Purchases from related parties during the year

118,656

81,483

Related parties are companies which the director is also a director or has a controlling interest.