Commercial Debt Collections Limited - Period Ending 2020-08-31

Commercial Debt Collections Limited

Contents

Company Information	1
Profit and Loss Account	2
Balance Sheet	3
Notes to the Financial Statements	4 to 5

Commercial Debt Collections Limited

Company Information

Directors

Mr Paul O'Rourke

Registered office

First Floor Eastgate Castle Street Castlefield Manchester M3 4LZ

Accountants

Tree Accountancy Limited Chartered Certified Accountants First Floor Eastgate Castle Street Castlefield Manchester M3 4LZ

Commercial Debt Collections Limited

Profit and Loss Account for the Year Ended 31 August 2020

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

Commercial Debt Collections Limited

(Registration number: 05544407)
Balance Sheet as at 31 August 2020

	Note	2020 £	2019 £
Current assets
Cash at bank and in hand		1	1
Capital and reserves
Called up share capital	4	1	1
Total equity		1	1

For the financial year ending 31 August 2020 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

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

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the director on 25 November 2020
 

.........................................

Mr Paul O'Rourke
Director

Commercial Debt Collections Limited

Notes to the Financial Statements for the Year Ended 31 August 2020

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
First Floor
Eastgate
Castle Street
Castlefield
Manchester
M3 4LZ
United Kingdom

The company's registration number is: 05544407

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Commercial Debt Collections Limited

Notes to the Financial Statements for the Year Ended 31 August 2020

3	Cash and cash equivalents

	2020 £	2019 £
Cash at bank	1	1

4	Share capital

Allotted, called up and fully paid shares

	2020		2019
	No.	£	No.	£
Ordinary of £1 each	1	1	1	1