1 April 2022 false No description of principal activity Taxfiler 2023.10 12308883business:PrivateLimitedCompanyLtd2022-04-012023-03-31 123088832022-03-31 123088832022-04-012023-03-31 12308883business:AuditExempt-NoAccountantsReport2022-04-012023-03-31 12308883business:FilletedAccounts2022-04-012023-03-31 123088832023-03-31 12308883business:Director12022-04-012023-03-31 12308883business:RegisteredOffice2022-04-012023-03-31 123088832022-03-31 12308883core:WithinOneYear2023-03-31 12308883core:WithinOneYear2022-03-31 12308883core:AfterOneYear2023-03-31 12308883core:AfterOneYear2022-03-31 12308883core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 12308883core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 12308883core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 12308883core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 12308883core:PreviouslyStatedAmount2023-03-31 12308883core:PreviouslyStatedAmount2022-03-31 12308883business:SmallEntities2022-04-012023-03-31 12308883countries:EnglandWales2022-04-012023-03-31 12308883core:FurnitureFittings2022-04-012023-03-31 12308883core:ComputerEquipment2022-04-012023-03-31 12308883core:FurnitureFittings2022-03-31 12308883core:ComputerEquipment2022-03-31 12308883core:FurnitureFittings2023-03-31 12308883core:ComputerEquipment2023-03-31 123088832021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 12308883 (England and Wales)
E K TRADE LTD Unaudited accounts for the year ended 31 March 2023
E K TRADE LTD Unaudited accounts Contents
Page
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E K TRADE LTD Company Information for the year ended 31 March 2023
Director
Erikson KARARAJ
Company Number
12308883 (England and Wales)
Registered Office
16 BATH HOUSE BATH STREET WALSALL WS1 3DB ENGLAND
Accountants
Divine Property Services Ltd 166 Lichfield Road Walsall West Midlands WS3 3BJ
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E K TRADE LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,037 
- 
Current assets
Cash at bank and in hand
1,709 
811 
Creditors: amounts falling due within one year
(3,693)
(6,474)
Net current liabilities
(1,984)
(5,663)
Total assets less current liabilities
1,053 
(5,663)
Creditors: amounts falling due after more than one year
(21,441)
(30,471)
Net liabilities
(20,388)
(36,134)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(20,389)
(36,135)
Shareholders' funds
(20,388)
(36,134)
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 November 2023 and were signed on its behalf by
Erikson KARARAJ Director Company Registration No. 12308883
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E K TRADE LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
E K TRADE LTD is a private company, limited by shares, registered in England and Wales, registration number 12308883. The registered office is 16 BATH HOUSE, BATH STREET, WALSALL, WS1 3DB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 March 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25%
Computer equipment
25%
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
- 
- 
- 
Additions
2,800 
1,250 
4,050 
At 31 March 2023
2,800 
1,250 
4,050 
Depreciation
Charge for the year
700 
313 
1,013 
At 31 March 2023
700 
313 
1,013 
Net book value
At 31 March 2023
2,100 
937 
3,037 
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E K TRADE LTD Notes to the Accounts for the year ended 31 March 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
3,693 
6,474 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
21,441 
30,471 
7
Average number of employees
During the year the average number of employees was 0 (2022: 2).
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