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
E K TRADE LTD
Company Information
for the year ended 31 March 2023
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
E K TRADE LTD
Statement of financial position
as at 31 March 2023
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)
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
E K TRADE LTD
Notes to the Accounts
for the year ended 31 March 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
2,800
1,250
4,050
At 31 March 2023
2,800
1,250
4,050
Charge for the year
700
313
1,013
At 31 March 2023
700
313
1,013
At 31 March 2023
2,100
937
3,037
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
7
Average number of employees
During the year the average number of employees was 0 (2022: 2).