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Company Registration No. 08359140 (England and Wales)
BULLION TRADING LTD Unaudited accounts for the period from 1 February 2022 to 31 May 2023
BULLION TRADING LTD Unaudited accounts Contents
Page
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BULLION TRADING LTD Company Information for the period from 1 February 2022 to 31 May 2023
Director
Prabesh KC
Company Number
08359140 (England and Wales)
Registered Office
2ND FLOOR, 2 ALEXANDRA TERRACE ALEXANDRA ROAD ALDERSHOT HAMPSHIRE GU11 3HU UNITED KINGDOM
Accountants
Asmita & Associates Ltd 114-116 Plumstead High Street Plumstead London SE18 1SJ
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BULLION TRADING LTD Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,239 
1,690 
Investment property
80,142 
- 
81,381 
1,690 
Current assets
Debtors
- 
54,338 
Cash at bank and in hand
3,809 
17,178 
3,809 
71,516 
Creditors: amounts falling due within one year
(104,396)
(74,962)
Net current liabilities
(100,587)
(3,446)
Total assets less current liabilities
(19,206)
(1,756)
Creditors: amounts falling due after more than one year
(17,170)
(21,667)
Net liabilities
(36,376)
(23,423)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(36,377)
(23,424)
Shareholders' funds
(36,376)
(23,423)
For the period ending 31 May 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 13 February 2024 and were signed on its behalf by
Prabesh KC Director Company Registration No. 08359140
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BULLION TRADING LTD Notes to the Accounts for the period from 1 February 2022 to 31 May 2023
1
Statutory information
BULLION TRADING LTD is a private company, limited by shares, registered in England and Wales, registration number 08359140. The registered office is 2ND FLOOR, 2 ALEXANDRA TERRACE, ALEXANDRA ROAD, ALDERSHOT, HAMPSHIRE, GU11 3HU, UNITED KINGDOM.
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 period, 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.
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
20% reducing balance basis
Motor vehicles
20% reducing balance basis
Computer equipment
20% reducing balance basis
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2022
3,480 
11,700 
1,908 
17,088 
At 31 May 2023
3,480 
11,700 
1,908 
17,088 
Depreciation
At 1 February 2022
3,280 
10,836 
1,282 
15,398 
Charge for the period
53 
231 
167 
451 
At 31 May 2023
3,333 
11,067 
1,449 
15,849 
Net book value
At 31 May 2023
147 
633 
459 
1,239 
At 31 January 2022
200 
864 
626 
1,690 
5
Investment property
2023 
£ 
Additions
80,142 
At 31 May 2023
80,142 
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BULLION TRADING LTD Notes to the Accounts for the period from 1 February 2022 to 31 May 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
54,338 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
66,655 
30,283 
Loans from directors
37,619 
44,649 
Accruals
122 
30 
104,396 
74,962 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
17,170 
21,667 
9
Transactions with related parties
The director loan includes credit balance of £37,619, (2022: £44,649) on which no interest has been charged to the company. This is repayable on demand. There is no security held by the director against the loan.
10
Average number of employees
During the period the average number of employees was 0 (2022: 0).
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