COMMERCE_ZONE_LTD_31_Aug_2026_companies_house_set_of

Commerce Zone Ltd

Statement of Financial Position

31 August 2026

		2026		2025
	Note	£		£
Fixed assets
Tangible assets	5	4,448		5,424
Current assets
Stocks		61,929		-
Debtors	6	18,046		52,688
Cash at bank and in hand		4,617		8,376
		84,592		61,064
Creditors: amounts falling due within one year	7	(23,510	)	-
Net current assets		61,082		61,064
Total assets less current liabilities		65,530		66,488
Creditors: amounts falling due after more than one year	8	(46,500	)	(81,623	)
Net assets/(liabilities)		19,030		(15,135	)
Capital and reserves
Called up share capital		1		1
Profit and loss account		19,029		(15,136	)
Shareholders funds/(deficit)		19,030		(15,135	)

For the year ending

31 August 2026

, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These

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.

These revised

financial statements

were approved by the board of directors and authorised for issue on

5 November 2026

, and are signed on behalf of the board by:

Z Siddique

Director

Company registration number:

12834279

Commerce Zone Ltd

Notes to the Financial Statements

Year ended

31 August 2026

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is

21 Dunkirk Mills

Dunkirk Street

Halifax

HX1 3TB

, England.

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The

financial statements

have been prepared on the historical cost basis, as modified by the revaluation of certain assets.

The

financial statements

are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.

Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.

All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4 Average number of employees

The average number of persons employed by the company during the year was

(2025:

2.00

5 Tangible assets

	Plant and machinery etc.
	£
Cost
At 1 September 2025 and 31 August 2026	8,067
Depreciation
At 1 September 2025	2,643
Charge	976
At 31 August 2026	3,619
Carrying amount
At 31 August 2026	4,448
At 31 August 2025	5,424

6 Debtors

	2026		2025
	£		£
Other debtors	18,046		52,688

7 Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	19,500	-
Taxation and social security	4,010	-
	23,510	-

8 Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Other creditors	46,500		81,623

9 Director's advances, credit and guarantees

£46500

10 Revised financial statements

These revised

financial statements

replace the original

financial statements

for the year ended

31 August 2026

They are now the statutory

financial statements

for that year.

They have been prepared as at

31 August 2026

and not as at the date of revision and accordingly do not deal with the events between those dates.

The original financial statements contained an incorrect disclosure of the average number of employees in the notes to the financial statements. The disclosure did not accurately reflect the average number of employees during the financial year, as required by Section 411 of the Companies Act 2006.

The note relating to the average number of employees has been amended to reflect the correct average number of employees for the financial year. The comparative information has also been reviewed and amended where necessary. No other amendments have been made to the financial statements.