Registered number
SC589492
COMMERCIAL AND ASSET LENDING LTD
Filleted Accounts
31 March 2026

COMMERCIAL AND ASSET LENDING LTD
Registered number: | SC589492
Balance Sheet
as at 31 March 2026
Notes |  |  | 2026 |  |  | 2025
£ | £
Current assets
Debtors | 3 |  | 10,847 |  |  | 38,671
Cash at bank and in hand |  |  | 95 |  |  | 984
|  |  | 10,942 |  |  | 39,655
Creditors: amounts falling due within one year | 4 |  | (7,504) |  |  | (7,504)
Net current assets |  |  |  | 3,438 |  |  | 32,151
Total assets less current liabilities |  |  |  | 3,438 |  |  | 32,151
Creditors: amounts falling due after more than one year | 5 |  |  | (18,991) |  |  | (45,191)
Net liabilities |  |  |  | (15,553) |  |  | (13,040)
Capital and reserves
Called up share capital |  |  |  | 10 |  |  | 10
Profit and loss account |  |  |  | (15,563) |  |  | (13,050)
Shareholder's funds |  |  |  | (15,553) |  |  | (13,040)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Blair Michie
Director
Approved by the board on 16 July 2026

COMMERCIAL AND ASSET LENDING LTD
Notes to the Accounts
for the year ended 31 March 2026
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
| Turnover
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
| Debtors
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| Taxation
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 | Employees | 2026 |  | 2025
Number | Number
| Average number of persons employed by the company | 0 |  | 0
3 | Debtors | 2026 |  | 2025
£ | £
| Trade debtors | 10,847 |  | 38,671
4 | Creditors: amounts falling due within one year | 2026 |  | 2025
£ | £
| Other creditors | 7,504 |  | 7,504
5 | Creditors: amounts falling due after one year | 2026 |  | 2025
£ | £
| Amounts owed to group undertakings and undertakings in which the company has a participating interest |  | 18,991 |  | 45,191
6 | Other information
| COMMERCIAL AND ASSET LENDING LTD is a private company limited by shares and incorporated in Scotland. Its registered office is:
| The Walkinshaw
| 11 Walkinshaw Street
| Johnstone
| PA5 8AF

COMMERCIAL AND ASSET LENDING LTD SC589492 false 2025-04-01 2026-03-31 2026-03-31 VT Final Accounts May 2026 Blair Michie No description of principal activity SC589492 2024-04-01 2025-03-31 SC589492 core:WithinOneYear 2025-03-31 SC589492 core:AfterOneYear 2025-03-31 SC589492 core:ShareCapital 2025-03-31 SC589492 core:RetainedEarningsAccumulatedLosses 2025-03-31 SC589492 2025-04-01 2026-03-31 SC589492 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 SC589492 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 SC589492 bus:Director40 2025-04-01 2026-03-31 SC589492 1 2025-04-01 2026-03-31 SC589492 2 2025-04-01 2026-03-31 SC589492 countries:England 2025-04-01 2026-03-31 SC589492 bus:FRS102 2025-04-01 2026-03-31 SC589492 bus:FilletedAccounts 2025-04-01 2026-03-31 SC589492 2026-03-31 SC589492 core:WithinOneYear 2026-03-31 SC589492 core:AfterOneYear 2026-03-31 SC589492 core:ShareCapital 2026-03-31 SC589492 core:RetainedEarningsAccumulatedLosses 2026-03-31 SC589492 2025-03-31 iso4217:GBP xbrli:pure