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REGISTERED NUMBER: 04819529 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

Petlondon Trading Limited

Petlondon Trading Limited (Registered number: 04819529)






Contents of the Financial Statements
for the year ended 31 January 2023




Page

Balance Sheet 1

Notes to the Financial Statements 2


Petlondon Trading Limited (Registered number: 04819529)

Balance Sheet
31 January 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Stocks 45,579 61,321
Debtors 6 122,032 174,827
Cash at bank 1,894,303 1,611,042
2,061,914 1,847,190
CREDITORS
Amounts falling due within one year 7 171,581 109,118
NET CURRENT ASSETS 1,890,333 1,738,072
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,890,333

1,738,072

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,890,233 1,737,972
1,890,333 1,738,072

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 11 October 2023 and were signed by:





Miss M Lewis - Director


Petlondon Trading Limited (Registered number: 04819529)

Notes to the Financial Statements
for the year ended 31 January 2023

1. STATUTORY INFORMATION

Petlondon Trading Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04819529

Registered office: 10 Dovecot Close
Pinner
Middlesex
HA5 2RE

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


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.
Plant and machinery etc - 25% per annum 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.


Petlondon Trading Limited (Registered number: 04819529)

Notes to the Financial Statements - continued
for the year ended 31 January 2023

3. ACCOUNTING POLICIES - continued
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.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2022
and 31 January 2023 30,078
DEPRECIATION
At 1 February 2022
and 31 January 2023 30,078
NET BOOK VALUE
At 31 January 2023 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 119,709 169,378
Other debtors 2,323 5,449
122,032 174,827

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 60,101 104,592
Other creditors 111,480 4,526
171,581 109,118

Petlondon Trading Limited (Registered number: 04819529)

Notes to the Financial Statements - continued
for the year ended 31 January 2023

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2023 and 31 January 2022:

2023 2022
£    £   
Miss M Lewis
Balance outstanding at start of year 5,449 -
Amounts advanced 14,800 5,449
Amounts repaid (87,586 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (67,337 ) 5,449

The above loan is unsecured, interest free and repayable on demand.

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £70,000 (2022 - £70,000) were paid to the director .