REGISTERED NUMBER: 11055921 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Commodities People Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr B M Hillary

SECRETARY:

Mr B M Hillary

REGISTERED OFFICE:

Kemp House

160 City Road

London

EC1V 2NX

REGISTERED NUMBER:

11055921 (England and Wales)

ACCOUNTANTS:

Mellor Oxland LLP

Hine House

25 Regent Street

Nottingham

Nottinghamshire

NG1 5BS

FIXED ASSETS

Intangible assets

4

2,332

3,499

Tangible assets

5

28,715

36,355

Investments

6

1

-

31,048

39,854

CURRENT ASSETS

Debtors

7

1,921,938

1,053,473

Prepayments and accrued income

395,117

214,057

Cash at bank

474,566

639,689

2,791,621

1,907,219

CREDITORS

Amounts falling due within one year

8

2,125,787

1,410,356

NET CURRENT ASSETS

665,834

496,863

TOTAL ASSETS LESS CURRENT LIABILITIES

696,882

536,717

PROVISIONS FOR LIABILITIES

5,074

6,522

NET ASSETS

691,808

530,195

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

690,808

529,195

691,808

530,195

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 July 2026 and were signed by:

Mr B M Hillary - Director

1.	STATUTORY INFORMATION

Commodities People Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about Commodities People Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Purchased goodwill is amortised over its estimated useful life. The most recent acquisition of good will is being amortised over 6 years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Pension costs and other post-retirement benefits

The company makes contributions for employees to defined contribution pension schemes. Contributions payable 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 17 (2024 - 16 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

17,250

AMORTISATION

At 1 November 2024

13,751

Charge for year

1,167

At 31 October 2025

14,918

NET BOOK VALUE

At 31 October 2025

2,332

At 31 October 2024

3,499

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

158,355

Additions

1,932

At 31 October 2025

160,287

DEPRECIATION

At 1 November 2024

122,000

Charge for year

9,572

At 31 October 2025

131,572

NET BOOK VALUE

At 31 October 2025

28,715

At 31 October 2024

36,355

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

1

At 31 October 2025

1

NET BOOK VALUE

At 31 October 2025

1

During the year, a wholly owned subsidiary, Commodities People Inc was incorporated in Delaware USA. The company owns 100% of the common stock and all transactions with the subsidiary are subject to a formal transfer pricing agreement. The profit for Commodities People Inc for the period ending 31 October 2025 was approximately £72,000.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,469,058

715,502

Other debtors

452,880

337,971

1,921,938

1,053,473

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

367,338

282,310

Taxation and social security

270,436

314,937

Other creditors

1,488,013

813,109

2,125,787

1,410,356

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end the Director owed £360,492 (2024 £252,015) to the company. Interest is paid on the loan at the official rate.