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REGISTERED NUMBER: 13971557 (England and Wales)










Unaudited Financial Statements

for the Period 11th March 2022 to 31st March 2023

for

Trade Smart Building Plastics Ltd

Trade Smart Building Plastics Ltd (Registered number: 13971557)






Contents of the Financial Statements
for the Period 11th March 2022 to 31st March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Trade Smart Building Plastics Ltd

Company Information
for the Period 11th March 2022 to 31st March 2023







DIRECTORS: D J Ridgway
Mrs R L Ridgway
E T Ridgway





REGISTERED OFFICE: Unit 2271h Dunbeath Road
Elgin Industrial Estate
Swindon
SN2 8EA





REGISTERED NUMBER: 13971557 (England and Wales)





ACCOUNTANTS: Bew & Co Limited
Chartered Accountants
130 High Street
Marlborough
Wiltshire
SN8 1LZ

Trade Smart Building Plastics Ltd (Registered number: 13971557)

Balance Sheet
31st March 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 9,186

CURRENT ASSETS
Stocks 40,000
Debtors 5 17,580
Cash at bank and in hand 10,776
68,356
CREDITORS
Amounts falling due within one year 6 99,913
NET CURRENT LIABILITIES (31,557 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(22,371

)

CAPITAL AND RESERVES
Called up share capital 4
Retained earnings (22,375 )
SHAREHOLDERS' FUNDS (22,371 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2023 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27th July 2023 and were signed on its behalf by:





E T Ridgway - Director


Trade Smart Building Plastics Ltd (Registered number: 13971557)

Notes to the Financial Statements
for the Period 11th March 2022 to 31st March 2023

1. STATUTORY INFORMATION

Trade Smart Building Plastics 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
The accounts have ben prepared on a going concern basis in the light of support form the directors and shareholders.

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.

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 period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

Trade Smart Building Plastics Ltd (Registered number: 13971557)

Notes to the Financial Statements - continued
for the Period 11th March 2022 to 31st March 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 12,302
At 31st March 2023 12,302
DEPRECIATION
Charge for period 3,116
At 31st March 2023 3,116
NET BOOK VALUE
At 31st March 2023 9,186

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 4,736
Other debtors 12,844
17,580

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 31,491
Taxation and social security (24 )
Other creditors 68,446
99,913

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
£   
Within one year 25,440
Between one and five years 101,760
In more than five years 152,620
279,820