COMMODITY TECHNOLOGIES LIMITED

Company Registration Number:
11374464 (England and Wales)

Unaudited abridged accounts for the year ended 26 May 2024

Period of accounts

Start date: 01 June 2023

End date: 26 May 2024

COMMODITY TECHNOLOGIES LIMITED

Contents of the Financial Statements

for the Period Ended 26 May 2024

Balance sheet
Notes

COMMODITY TECHNOLOGIES LIMITED

Balance sheet

As at 26 May 2024


Notes
2024
2023


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 27,234 24,505
Investments:   0 0
Total fixed assets: 27,234 24,505
Current assets
Stocks: 0 0
Debtors: 4 74,297 82,730
Cash at bank and in hand: 72,309 20,404
Investments:   0 0
Total current assets: 146,606 103,134
Creditors: amounts falling due within one year: 5 (132,416) (94,069)
Net current assets (liabilities): 14,190 9,065
Total assets less current liabilities: 41,424 33,570
Total net assets (liabilities): 41,424 33,570
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 40,424 32,570
Shareholders funds: 41,424 33,570

The notes form part of these financial statements

COMMODITY TECHNOLOGIES LIMITED

Balance sheet statements

For the year ending 26 May 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 21 September 2025
and signed on behalf of the board by:

Name: Alex Nikitin
Status: Director

The notes form part of these financial statements

COMMODITY TECHNOLOGIES LIMITED

Notes to the Financial Statements

for the Period Ended 26 May 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises revenue recognised by the Company in respect of services supplied during the year, exclusive of Value Added Tax. Revenue is recognised when the services are provided to the customer.

Tangible fixed assets and depreciation policy

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. Depreciation is provided on the following basis: Office equipment - 20% straight line 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.

Other accounting policies

Taxation 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 reporting date in the countries where the Company operates and generates income. Debtors Short-term debtors are measured at the transaction price, less any impairment. 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. Creditors Short-term creditors are measured at the transaction price.

COMMODITY TECHNOLOGIES LIMITED

Notes to the Financial Statements

for the Period Ended 26 May 2024

2. Employees

2024 2023
Average number of employees during the period 4 3

COMMODITY TECHNOLOGIES LIMITED

Notes to the Financial Statements

for the Period Ended 26 May 2024

3. Tangible Assets

Total
Cost £
At 01 June 2023 37,908
Additions 11,496
At 26 May 2024 49,404
Depreciation
At 01 June 2023 13,403
Charge for year 8,767
At 26 May 2024 22,170
Net book value
At 26 May 2024 27,234
At 31 May 2023 24,505

COMMODITY TECHNOLOGIES LIMITED

Notes to the Financial Statements

for the Period Ended 26 May 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 74,297 82,730

COMMODITY TECHNOLOGIES LIMITED

Notes to the Financial Statements

for the Period Ended 26 May 2024

5. Creditors: amounts falling due within one year note

Trade Creditors £51,620 Taxation and social security £16,898 Other creditors £56,883 Accruals £7,015