Commercial Facilities Engineers Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08237922 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

COMMERCIAL FACILITIES ENGINEERS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

H Foulis

P Lennon

REGISTERED OFFICE:

4 Sudley Road

Bognor Regis

West Sussex

PO21 1EU

REGISTERED NUMBER:

08237922 (England and Wales)

ACCOUNTANTS:

Adams Beeny Limited

4 Sudley Road

Bognor Regis

West Sussex

PO21 1EU

FIXED ASSETS

Tangible assets

4

48

64

CURRENT ASSETS

Stocks

980

4,580

Debtors

5

62,812

61,130

Cash at bank

8,660

24,194

72,452

89,904

CREDITORS

Amounts falling due within one year

6

53,480

70,397

NET CURRENT ASSETS

18,972

19,507

TOTAL ASSETS LESS CURRENT
LIABILITIES

19,020

19,571

CREDITORS

Amounts falling due after more than one
year

7

15,036

19,333

NET ASSETS

3,984

238

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

9

3,884

138

SHAREHOLDERS' FUNDS

3,984

238

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 October 2025 and were signed on its behalf by:

H Foulis - Director

P Lennon - Director

1.	STATUTORY INFORMATION

Commercial Facilities Engineers 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

-

33% on cost and 25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

4,118

DEPRECIATION

At 1 January 2024

4,054

Charge for year

16

At 31 December 2024

4,070

NET BOOK VALUE

At 31 December 2024

48

At 31 December 2023

64

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

60,830

59,148

Other debtors

1,982

62,812

61,130

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Bank loans and overdrafts

493

235

Trade creditors

15,641

31,609

Taxation and social security

2,987

13,467

Other creditors

34,359

25,086

53,480

70,397

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.24

31.12.23

£

Bank loans

15,036

19,333

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

100

Ordinary

£1

100

9.

RESERVES

Retained

earnings

£

At 1 January 2024

138

Profit for the year

41,946

Dividends

(38,200

)

At 31 December 2024

3,884

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

H Foulis

Balance outstanding at start of year

(22,216

)

(24,266

)

Amounts advanced

7,700

2,050

Amounts repaid

(11,798

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(26,314

)

(22,216

)

P Lennon

Balance outstanding at start of year

(50

)

(2,100

)

Amounts advanced

7,700

2,050

Amounts repaid

(12,870

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(5,220

)

(50

)

The directors loans are interest free and repayable on demand.

11.	RELATED PARTY DISCLOSURES

The company remained under the control of the directors.