1.
General Information
Commando Investments Ltd
is a private company, limited by shares, incorporated in England & Wales, registered number
11597170
. The registered office is St James' Hall, Mill Road, Lancing, West Sussex, BN15 0PT.
2.
Accounting Policies
2.1.
Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Motor Vehicles |
|
| Fixtures & Fittings |
|
| Computer Equipment |
|
2.4.
Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5.
Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6.
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 balance sheet date.
Deferred Tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.
Commando Investments Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
2.7.
Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3.
Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 3)
4.
Tangible Assets
Freehold land were valued on an open market basis on 31 October 2025 by The directors.
| Land & Property | |||||
|---|---|---|---|---|---|
| Freehold | Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total | |
| £ | £ | £ | £ | £ | |
| Cost or Valuation | |||||
| As at 1 November 2024 |
|
|
|
|
|
| As at 31 October 2025 |
|
|
|
|
|
| Depreciation | |||||
| As at 1 November 2024 |
|
|
|
|
|
| Provided during the period |
|
|
|
|
|
| As at 31 October 2025 |
|
|
|
|
|
| Net Book Value | |||||
| As at 31 October 2025 |
|
|
|
|
|
| As at 1 November 2024 |
|
|
|
|
|
Cost or valuation at 31 October 2024 is represented by:
|
Land and buildings
|
Plant and machinery etc
|
Totals
|
|
|
£
|
£
|
£
|
|
|
Valuation in 2024
|
(13,325)
|
-
|
(13,325)
|
|
Cost
|
13,325
![image](data:image/svg+xml;utf8,<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 80 2" preserveAspectRatio="none"> <line x1="0" y1="1" x2="80" y2="1" stroke="black" shape-rendering="crispEdges"/> </svg>){kind=small}
|
172,677
|
186,002
|
|
-
![image](data:image/svg+xml;utf8,<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 80 5" preserveAspectRatio="none"> <line x1="0" y1="1" x2="80" y2="1" stroke="black" shape-rendering="crispEdges"/> <line x1="0" y1="4" x2="80" y2="4" stroke="black" shape-rendering="crispEdges"/> </svg>){kind=small}
|
172,677
|
172,677
|
If freehold land had not been revalued they would have been included at the following historical cost:
|
2024
|
2023
|
|
|
£
|
£
|
|
|
Cost
|
13,325
|
-
|
Freehold land were valued on an open market basis on 31 October 2025 by The directors.
5.
Debtors
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Other debtors | 1,690 | 1,220 | |
Commando Investments Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
6.
Creditors: Amounts Falling Due Within One Year
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Net obligations under finance lease and hire purchase contracts |
|
|
|
| Trade creditors |
|
|
|
| Bank loans and overdrafts |
|
|
|
| Other creditors | 23,463 | 10,552 | |
| Taxation and social security |
|
|
|
|
|
|
||
7.
Creditors: Amounts Falling Due After More Than One Year
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Net obligations under finance lease and hire purchase contracts |
|
|
|
| Bounce back loan more than 1 year |
|
|
|
|
|
|
||
8.
Obligations Under Finance Leases and Hire Purchase
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| The future minimum finance lease payments are as follows: | |||
| Not later than one year |
|
|
|
| Later than one year and not later than five years |
|
|
|
|
|
|
||
|
|
|
||
9.
Provisions for Liabilities
| Deferred Tax | Total | |
|---|---|---|
| £ | £ | |
| As at 1 November 2024 |
|
3,318 |
| Deferred taxation |
( |
( |
| Balance at 31 October 2025 |
|
1,008 |
Commando Investments Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
11.
Reserves
| Fair value reserve | Profit and Loss Account | |
|---|---|---|
| £ | £ | |
| As at 1 November 2024 |
|
( |
| Profit for the year and total comprehensive income | - |
|
| Dividends paid | - | (40,770) |
| As at 31 October 2025 |
|
( |
12.
Related Party Transactions
At the beginning of the period there was an amount of £18, owed from Haalo Ltd, a company that Peter Bowe is also a director of. At the end of the period there was an amount of £18 owed from Haalo Ltd.
At the beginning of the period there was an amount of £1,202, owed from Safety Case Partnership Ltd, a company that Peter Bowe is also a director of. At the end of the period there was an amount of £1,202 owed from Safety Case Partnership Ltd.