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Company Registration No. 14181830 (England and Wales)
TRADING ESSENTIALS LTD Unaudited accounts for the period from 20 June 2022 to 30 June 2023
TRADING ESSENTIALS LTD Unaudited accounts Contents
Page
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TRADING ESSENTIALS LTD Company Information for the period from 20 June 2022 to 30 June 2023
Director
Khas Mohammad Dadzadeh
Company Number
14181830 (England and Wales)
Registered Office
YAHYA ACCOUNTANCY 164 WEST HENDON BROADWAY LONDON NW9 7AA ENGLAND
Accountants
Yahya & Co Accountants Ltd T/A Yahya Accountancy 164 West Hendon Broadway London NW9 7AA
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TRADING ESSENTIALS LTD Statement of financial position as at 30 June 2023
2023 
Notes
£ 
Fixed assets
Intangible assets
15,000 
Tangible assets
8,700 
23,700 
Current assets
Inventories
79,486 
Debtors
12,075 
Cash at bank and in hand
6,894 
98,455 
Creditors: amounts falling due within one year
(71,090)
Net current assets
27,365 
Total assets less current liabilities
51,065 
Creditors: amounts falling due after more than one year
(38,716)
Net assets
12,349 
Capital and reserves
Called up share capital
100 
Profit and loss account
12,249 
Shareholders' funds
12,349 
For the period ending 30 June 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 25 July 2023 and were signed on its behalf by
Khas Mohammad Dadzadeh Director Company Registration No. 14181830
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TRADING ESSENTIALS LTD Notes to the Accounts for the period from 20 June 2022 to 30 June 2023
1
Statutory information
TRADING ESSENTIALS LTD is a private company, limited by shares, registered in England and Wales, registration number 14181830. The registered office is YAHYA ACCOUNTANCY 164, WEST HENDON BROADWAY, LONDON, NW9 7AA, 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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
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
18% Reducing Balance Method
Computer equipment
18% Reducing Balance Method
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 20 June 2022
- 
Additions
15,000 
At 30 June 2023
15,000 
Amortisation
At 20 June 2022
- 
At 30 June 2023
- 
Net book value
At 30 June 2023
15,000 
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TRADING ESSENTIALS LTD Notes to the Accounts for the period from 20 June 2022 to 30 June 2023
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 20 June 2022
- 
- 
- 
Additions
8,420 
2,190 
10,610 
At 30 June 2023
8,420 
2,190 
10,610 
Depreciation
Charge for the period
1,516 
394 
1,910 
At 30 June 2023
1,516 
394 
1,910 
Net book value
At 30 June 2023
6,904 
1,796 
8,700 
6
Debtors
2023 
£ 
Amounts falling due within one year
Other debtors
200 
Amounts falling due after more than one year
Other debtors
11,875 
7
Creditors: amounts falling due within one year
2023 
£ 
VAT
4,735 
Trade creditors
65,714 
Taxes and social security
641 
71,090 
8
Creditors: amounts falling due after more than one year
2023 
£ 
Loans from directors
38,716 
9
Average number of employees
During the period the average number of employees was 2.
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