Comm Sense Limited 31/12/2024 iXBRL

Company registration number: 03830985

Comm Sense Limited

Unaudited filleted financial statements

31 December 2024

Comm Sense Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

Comm Sense Limited

Directors and other information


	Director	B Moore


	Company number	03830985


	Registered office	111 Brooker Road
		Waltham Abbey
		Essex
		EN9 1JH


	Accountants	Pollock Taylor Ltd
		Chartered Certified Accountants
		Units 6-7, Thurrock Commercial Park
		Juliette Way
		Purfleet
		Essex
		RM15 4YA

Comm Sense Limited

Report to the director on the preparation of the

unaudited statutory financial statements of Comm Sense Limited

Year ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Comm Sense Limited for the year ended 31 December 2024 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.

This report is made solely to the director of Comm Sense 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 Comm Sense Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Comm Sense Limited and its director as a body for our work or for this report.

It is your duty to ensure that Comm Sense 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 loss of Comm Sense Limited. You consider that Comm Sense 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 Comm Sense 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.

Pollock Taylor Ltd

Chartered Certified Accountants

Units 6-7, Thurrock Commercial Park

Juliette Way

Purfleet

Essex

RM15 4YA

25 September 2025

Comm Sense Limited

Statement of financial position

31 December 2024

		2024		2023
	Note	£	£	£	£

Fixed assets
Tangible assets	6	11,162		6,495
		_________		_________
			11,162		6,495

Current assets
Stocks		259,286		281,812
Debtors	7	554,625		530,198
Investments	8	20,000		20,000
Cash at bank and in hand		218,762		457,573
		_________		_________
		1,052,673		1,289,583
Creditors: amounts falling due
within one year	9	( 260,425)		( 382,362)
		_________		_________
Net current assets			792,248		907,221
			_________		_________
Total assets less current liabilities			803,410		913,716

Creditors: amounts falling due
after more than one year	10		( 5,000)		( 15,000)

Provisions for liabilities			( 1,605)		( 436)

			_________		_________
Net assets			796,805		898,280
			_________		_________

Capital and reserves
Called up share capital			100		100
Profit and loss account			796,705		898,180
			_________		_________
Shareholders funds			796,805		898,280
			_________		_________

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- 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;

- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 25 September 2025 , and are signed on behalf of the board by:

B Moore

Director

Company registration number: 03830985

Comm Sense Limited

Notes to the financial statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in United Kingdom. The address of the registered office is 111 Brooker Road, Waltham Abbey, Essex, EN9 1JH.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	30 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 6 (2023: 8 ).

5. Tax on loss/profit

Major components of tax income/expense

	2024	2023
	£	£
UK current tax expense	-	19,764
Adjustments in respect of previous periods	( 19,764)	-
	_________	_________
Deferred tax:
Origination and reversal of timing differences	1,169	( 2,360)
	_________	_________
Tax on loss/profit	( 18,595)	17,404
	_________	_________

6. Tangible assets

	Fixtures, fittings and equipment	Total
	£	£
Cost
At 1 January 2024	79,213	79,213
Additions	9,450	9,450
	_________	_________
At 31 December 2024	88,663	88,663
	_________	_________
Depreciation
At 1 January 2024	72,718	72,718
Charge for the year	4,783	4,783
	_________	_________
At 31 December 2024	77,501	77,501
	_________	_________
Carrying amount
At 31 December 2024	11,162	11,162
	_________	_________
At 31 December 2023	6,495	6,495
	_________	_________

7. Debtors

	2024	2023
	£	£
Trade debtors	220,383	239,990
Other debtors	334,242	290,208
	_________	_________
	554,625	530,198
	_________	_________

8. Investments

	2024	2023
	£	£
Other investments 1	20,000	20,000
	_________	_________

9. Creditors: amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	10,000	10,000
Trade creditors	72,897	65,131
Corporation tax	62,609	82,911
Social security and other taxes	81,734	95,144
Other creditors	33,185	129,176
	_________	_________
	260,425	382,362
	_________	_________

10. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Bank loans and overdrafts	5,000	15,000
	_________	_________