REGISTERED NUMBER: 11122968 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Commotive Trading Ltd

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

CURRENT ASSETS

Inventories

4

287,394

281,194

Debtors

5

76,716

77,096

Cash at bank and in hand

1,770

227

365,880

358,517

CREDITORS

Amounts falling due within one year

6

345,848

165,461

NET CURRENT ASSETS

20,032

193,056

TOTAL ASSETS LESS CURRENT LIABILITIES

20,032

193,056

CREDITORS

Amounts falling due after more than one year

7

177,527

338,968

NET LIABILITIES

(157,495

)

(145,912

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

(157,595

)

(146,012

)

SHAREHOLDERS' FUNDS

(157,495

)

(145,912

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 28 September 2025 and were signed on its behalf by:

Mr Johannes Struik - Director

1.	STATUTORY INFORMATION

Commotive Trading Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11122968

Registered office:

01 Meadlake Place

Thorpe Lea Road

Egham

Surrey

TW20 8HE

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.

Stocks

Stock representing properties intended for resale is valued at the lower of cost and estimated selling price less costs to complete and sell. Costs incurred in refurbishing properties to the resale standard are included in the cost of each property.

Taxation

Taxation for the year 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 at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern

The company has net liabilities of £157,495. The accounts have been prepared on going concern basis as the Directors has confirmed that they will continue to provide support to the company for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	INVENTORIES

Stock property situated at 25 Charles Street, Blaenavon, Pontypool NP4 9HG and 26 Charles Street, Blaenavon, Pontypool NP4 9HG is under a charge from Sdka LTD.The charge was created on 12th December 2024.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

76,716

77,096

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

175,000

-

Other creditors

170,848

165,461

345,848

165,461

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

177,527

338,968

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank loans

175,000

-

The loan amounting to £175,000 is secured by the way of charge on the property situated at 25 Charles Street, Blaenavon, Pontypool NP4 9HG and 26 Charles Street, Blaenavon, Pontypool NP4 9HG (disclosed as inventories). The charge was created in the name of Sdka LTD on 12th December 2024.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

£1

100

100

10.	RELATED PARTY DISCLOSURES

The company owes £149,716 including €179,600 (2023: £324,154 including €373,883) to Commotive BV (a company registered in Netherlands) who is also a sole shareholder of the company as at accounting year end date.

The company owes £711 (2023: £711) to its director, Mrs Catharina Caroline Struik as at accounting year end date.

The company owes £711 (2023: £711) to its director, Mr Johannes Struik as at accounting year end date.

The company owes £27,811 (2023: £14,814) as at accounting year end date to Commotive Property Ltd, a company registered in United Kingdom (Company registered number: 11123147).Mr Johannes Struik and Mrs Catharina Caroline Struik are also directors of this company.

The company owes £5,000 (2023: £5,000) as at accounting year end date to Green World Property Trade Ltd, a company registered in United Kingdom (Company registered number:11596007). Mr Johannes Struik is a director of the company as at accounting year end date.