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Company Registration No. 10409312 (England and Wales)
Commversion Limited Unaudited accounts for the year ended 31 October 2025
Commversion Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Commversion Limited Company Information for the year ended 31 October 2025
Directors
Albert Horne Piers Maughan Shobhit Patil Asif Rizvi
Company Number
10409312 (England and Wales)
Registered Office
142 Cromwell Road London SW7 4EF United Kingdom
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Commversion Limited Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
331,483
97,786
Tangible assets
5
7,252
7,771
Investments
6
55,925
12,462
394,660
118,019
Current assets
Debtors
7
728,569
576,299
Cash at bank and in hand
410,690
319,747
1,139,259
896,046
Creditors: amounts falling due within one year
8
(531,432)
(607,846)
Net current assets
607,827
288,200
Total assets less current liabilities
1,002,487
406,219
Creditors: amounts falling due after more than one year
9
(26,687)
(35,087)
Provisions for liabilities
Deferred tax
(82,871)
-
Net assets
892,929
371,132
Capital and reserves
Called up share capital
147
150
Profit and loss account
892,782
370,982
Shareholders' funds
892,929
371,132
For the year ending 31 October 2025 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 February 2026 and were signed on its behalf by
Piers Maughan Director Company Registration No. 10409312
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Commversion Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Commversion Limited is a private company, limited by shares, registered in England and Wales, registration number 10409312. The registered office is 142 Cromwell Road, London, SW7 4EF, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation over five years.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 5 -
Commversion Limited Notes to the Accounts for the year ended 31 October 2025
4
Intangible fixed assets
Other
£
Cost
At 1 November 2024
97,786
Additions
233,697
At 31 October 2025
331,483
Amortisation
At 1 November 2024
-
At 31 October 2025
-
Net book value
At 31 October 2025
331,483
At 31 October 2024
97,786
5
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 November 2024
12,960
Additions
3,002
Disposals
(470)
At 31 October 2025
15,492
Depreciation
At 1 November 2024
5,189
Charge for the year
3,285
On disposals
(234)
At 31 October 2025
8,240
Net book value
At 31 October 2025
7,252
At 31 October 2024
7,771
6
Investments
Subsidiary undertakings
£
Valuation at 1 November 2024
12,462
Additions
43,463
Valuation at 31 October 2025
55,925
- 6 -
Commversion Limited Notes to the Accounts for the year ended 31 October 2025
7
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
483,645
514,579
Amounts due from group undertakings etc.
189,650
-
Accrued income and prepayments
36,368
-
Other debtors
18,906
27,533
728,569
542,112
Amounts falling due after more than one year
Accrued income and prepayments
-
34,187
8
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
94,749
101,300
Trade creditors
67,250
44,916
Taxes and social security
37,254
114,401
Accruals
299,563
347,229
Deferred income
32,616
-
531,432
607,846
9
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
26,687
32,803
Deferred income
-
2,284
26,687
35,087
10
Average number of employees
During the year the average number of employees was 8 (2024: 8).
- 7 -