REGISTERED NUMBER: 05934312 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

COMTAB LIMITED

Page

Company Information

1

Report of the Directors

2

Statement of Income and Retained Earnings

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

C D LONGMORE

MRS N LONGMORE

SECRETARY:

REGISTERED OFFICE:

59 WOODING DRIVE

LAWLEY

TELFORD

Shropshire

TF3 5JH

REGISTERED NUMBER:

05934312 (England and Wales)

The directors present their report with the financial statements of the company for the year ended 31 March 2025.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2024 to the date of this report.

C D LONGMORE

MRS N LONGMORE

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

C D LONGMORE - Director

1 September 2025

TURNOVER

187,477

185,387

Cost of sales

85,999

76,976

GROSS PROFIT

101,478

108,411

Administrative expenses

62,851

74,833

OPERATING PROFIT and

PROFIT BEFORE TAXATION

38,627

33,578

Tax on profit

7,324

6,361

PROFIT FOR THE FINANCIAL YEAR

31,303

27,217

Retained earnings at beginning of year

11,300

16,083

Dividends

4

(28,000

)

(32,000

)

RETAINED EARNINGS AT END OF YEAR

14,603

11,300

FIXED ASSETS

Tangible assets

5

6,170

6,170

CURRENT ASSETS

Debtors

6

47,996

30,112

Cash at bank and in hand

6,157

7,837

54,153

37,949

CREDITORS

Amounts falling due within one year

7

45,717

32,816

NET CURRENT ASSETS

8,436

5,133

TOTAL ASSETS LESS CURRENT LIABILITIES

14,606

11,303

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

14,603

11,300

SHAREHOLDERS' FUNDS

14,606

11,303

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 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 1 September 2025 and were signed on its behalf by:

C D LONGMORE - Director

1.	STATUTORY INFORMATION

COMTAB 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.

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.

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.

DIVIDENDS

31/3/25

31/3/24

£

£

ordinary share of 1

Final

25,000

16,000

ORDINARY share of 1.00

Final

3,000

16,000

28,000

32,000

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

16,271

7,050

23,321

DEPRECIATION

At 1 April 2024

and 31 March 2025

11,985

5,166

17,151

NET BOOK VALUE

At 31 March 2025

4,286

1,884

6,170

At 31 March 2024

4,286

1,884

6,170

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

CIS Tax suffered

47,996

30,112

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

193

-

Trade creditors

7

5

Tax

15,162

12,596

VAT

27,731

17,568

Directors' current accounts

399

1,397

Accrued expenses

2,225

1,250

45,717

32,816