ACCOUNTS - Final Accounts preparation

Registered number: 15546154

COMMERCIAL ENVIRONMENTAL SERVICES LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 JANUARY 2025

COMMERCIAL ENVIRONMENTAL SERVICES LTD

REGISTERED NUMBER: 15546154

BALANCE SHEET

AS AT 31 JANUARY 2025

		2025
Note		£

Fixed assets
Tangible assets	4		10,532
			10,532
Current assets
Stocks	5	10,659
Debtors: amounts falling due within one year	6	41,476
Cash at bank and in hand	7	20,647
Current liabilities		72,782
Creditors: amounts falling due within one year	8	(86,652)
Net current (liabilities)/assets			(13,870)
Total assets less current liabilities			(3,338)
Creditors: amounts falling due after more than one year	9		(10,669)

Net (liabilities)/assets			(14,007)

Capital and reserves
Called up share capital	12	1
Profit and loss account		(14,008)
		(14,007)

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COMMERCIAL ENVIRONMENTAL SERVICES LTD

REGISTERED NUMBER: 15546154

BALANCE SHEET (CONTINUED)

AS AT 31 JANUARY 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

S J Tavender

Director

Date: 30 September 2025

The notes on pages 3 to 9 form part of these financial statements.

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COMMERCIAL ENVIRONMENTAL SERVICES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2025

1.	General information

Commercial Environmental Services Limited is a private company limited by shares incorporated in England and Wales. The registered office and principal place of trade is Unit 12, Deer Park Farm Industrial Estate, Knowle Lane, Fair Oak, Hampshire, United Kingdom, SO50 7DZ.
The Company was incorporated on 7 March 2024. The Company started trading on this date. The accounts have been prepared from incorporation to 31 January 2025, this is the first period of trading as as such there are no comparatve figures to report.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

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COMMERCIAL ENVIRONMENTAL SERVICES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2025

2.Accounting policies (continued)

2.3

Operating leases: the Company as lessee

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

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

2.4

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles

25%

reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

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COMMERCIAL ENVIRONMENTAL SERVICES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2025

2.Accounting policies (continued)

2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.10

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

3.	Employees
	The average monthly number of employees, including directors, during the period was 3.

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COMMERCIAL ENVIRONMENTAL SERVICES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2025

4.	Tangible fixed assets

		Motor vehicles
		£
	Cost or valuation
	Additions	11,490
	At 31 January 2025	11,490
	Depreciation
	Charge for the period on owned assets	958
	At 31 January 2025	958
	Net book value
	At 31 January 2025	10,532

Included within motor vehicles is an asset under hire purchase. The net book value of the vehicle is £10,532.

5.	Stocks
		2025
		£

	Stock	706
	Work in progress	9,953
		10,659

Debtors

					2025
					£


	Trade debtors	36,381
	Other debtors	425
	Deferred taxation	4,670
		41,476

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COMMERCIAL ENVIRONMENTAL SERVICES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2025

7.	Cash and cash equivalents
		2025
		£

	Cash at bank and in hand	20,647
		20,647

8.	Creditors: Amounts falling due within one year
		2025
		£

	Trade creditors	5,323
	Amounts owed to group undertakings	55,442
	Other taxation and social security	8,661
	Obligations under finance lease and hire purchase contracts	46
	Other creditors	14,880
	Accruals and deferred income	2,300
		86,652

9.	Creditors: Amounts falling due after more than one year
		2025
		£

	Net obligations under finance leases and hire purchase contracts	10,669
		10,669

10.	Hire purchase and finance leases
	Minimum lease payments under hire purchase fall due as follows:
		2025
		£

	Within one year	46
	Between 1-5 years	10,669
		10,715

The hire purchase loan is secured against the vehicle in which it relates to.

11.	Deferred taxation

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COMMERCIAL ENVIRONMENTAL SERVICES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2025

11.Deferred taxation (continued)

		2025
		£

	Charged to profit or loss	4,670
	At end of year	4,670

	The deferred tax asset is made up as follows:
					2025
					£

	Accelerated capital allowances	(2,633)
	Tax losses carried forward	7,303
		4,670

Page 8

COMMERCIAL ENVIRONMENTAL SERVICES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2025

12.	Share capital
		2025
		£

		Allotted, called up and fully paid

		1 Ordinary share of £1.00	1

The Company was incorporated on 7 March 2024. 1 ordinary share was issued on incorporation at par.

13.	Related party transactions
	The Company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

14.	Controlling party

The Company's parent company is Commercial Kitchen Group Ltd, a company registered in England & Wales. The ultimate controlling party is S Tavender, director of Commercial Environmental Services Ltd.

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