Commercial Systems Consultants Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02397788 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2019

for

Commercial Systems Consultants Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A.J. Creamer

A.D. Millington

SECRETARY:

Mr. A.D. Millington

REGISTERED OFFICE:

397 Anlaby Road

Hull

East Yorkshire

HU3 6AB

REGISTERED NUMBER:

02397788 (England and Wales)

ACCOUNTANTS:

Norrie Gibson & Co Limited

Grosvenor House

100-102 Beverley Road

HULL

East Yorkshire

HU3 1YA

FIXED ASSETS

Tangible assets

4

406

478

CURRENT ASSETS

Stocks

2,657

8,153

Debtors

5

133,976

120,167

Cash at bank and in hand

268,524

86,416

405,157

214,736

CREDITORS

Amounts falling due within one year

6

149,127

130,302

NET CURRENT ASSETS

256,030

84,434

TOTAL ASSETS LESS CURRENT LIABILITIES

256,436

84,912

PROVISIONS FOR LIABILITIES

89

90

NET ASSETS

256,347

84,822

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

256,147

84,622

SHAREHOLDERS' FUNDS

256,347

84,822

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 23 January 2020 and were signed on its behalf by:

A.D. Millington - Director

1.	STATUTORY INFORMATION

Commercial Systems Consultants Limited 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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 operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme 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 7 (2018 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 December 2018

and 30 November 2019

2,900

DEPRECIATION

At 1 December 2018

2,422

Charge for year

72

At 30 November 2019

2,494

NET BOOK VALUE

At 30 November 2019

406

At 30 November 2018

478

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

128,826

109,116

Due from associated company

150

150

Other debtors

5,000

10,901

133,976

120,167

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

29,759

23,155

Taxation and social security

79,707

60,455

Other creditors

39,661

46,692

149,127

130,302

7.	ULTIMATE CONTROLLING PARTY

The controlling parties are A J Creamer and A D Millington