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Company Registration No. 08875179 (England and Wales)
Ando Trading Limited Unaudited accounts for the year ended 28 February 2023
Ando Trading Limited Unaudited accounts Contents
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Ando Trading Limited Company Information for the year ended 28 February 2023
Directors
John Meirion HUGHES Orie HUGHES
Company Number
08875179 (England and Wales)
Registered Office
65 Penarth Road Cardiff CF10 5DL Wales
Accountants
Cranleys Chartered Accountants Winton House Winton Square Basingstoke Hampshire RG21 8EN
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Ando Trading Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
102 
180 
Tangible assets
252 
336 
354 
516 
Current assets
Inventories
18,500 
18,500 
Debtors
- 
954 
Cash at bank and in hand
51,594 
81,038 
70,094 
100,492 
Creditors: amounts falling due within one year
(58,003)
(52,035)
Net current assets
12,091 
48,457 
Total assets less current liabilities
12,445 
48,973 
Creditors: amounts falling due after more than one year
- 
(38,798)
Net assets
12,445 
10,175 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
12,441 
10,171 
Shareholders' funds
12,445 
10,175 
For the year ending 28 February 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 20 November 2023 and were signed on its behalf by
John Meirion HUGHES Director Company Registration No. 08875179
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Ando Trading Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Ando Trading Limited is a private company, limited by shares, registered in England and Wales, registration number 08875179. The registered office is 65 Penarth Road, Cardiff, CF10 5DL, Wales.
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 remained unchanged from the previous year, and also 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Total 
£ 
Cost
At 1 March 2022
784 
At 28 February 2023
784 
Amortisation
At 1 March 2022
604 
Charge for the year
78 
At 28 February 2023
682 
Net book value
At 28 February 2023
102 
At 28 February 2022
180 
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Ando Trading Limited Notes to the Accounts for the year ended 28 February 2023
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 March 2022
2,262 
At 28 February 2023
2,262 
Depreciation
At 1 March 2022
1,926 
Charge for the year
84 
At 28 February 2023
2,010 
Net book value
At 28 February 2023
252 
At 28 February 2022
336 
6
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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