Company Registration No. 7942210 (England and Wales)
Blundell Trading Limited
Unaudited accounts
for the period from 1 April 2022 to 30 March 2023
Blundell Trading Limited
Unaudited accounts
Contents
Blundell Trading Limited
Company Information
for the period from 1 April 2022 to 30 March 2023
Director
Kashif Ishtiaq Latif
Company Number
7942210 (England and Wales)
Registered Office
7 NEW BARTHOLOMEW STREET
BIRMINGHAM
B5 5QS
ENGLAND
Accountants
Clark & Deen Taxpro Limited
Benson House, Suite D
98-104 Lombard Street
Birmingham
West Midlands
B12 0QR
Blundell Trading Limited
Statement of financial position
as at 30 March 2023
Tangible assets
71,070
89,269
Inventories
1,860,000
1,870,000
Cash at bank and in hand
10,877
15,501
Creditors: amounts falling due within one year
(1,596,551)
(1,529,383)
Net current assets
467,016
432,018
Net assets
538,086
521,287
Called up share capital
15
15
Profit and loss account
538,071
521,272
Shareholders' funds
538,086
521,287
For the period ending 30 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 7 March 2024 and were signed on its behalf by
Kashif Ishtiaq Latif
Director
Company Registration No. 7942210
Blundell Trading Limited
Notes to the Accounts
for the period from 1 April 2022 to 30 March 2023
Blundell Trading Limited is a private company, limited by shares, registered in England and Wales, registration number 7942210. The registered office is 7 NEW BARTHOLOMEW STREET, BIRMINGHAM, B5 5QS, 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.
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.
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:
Land & buildings
20% reducing balance
Motor vehicles
25% reducing balance (pro-rata in the year of addition)
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
158,441
15,000
141,619
315,060
At 30 March 2023
158,441
15,000
142,652
316,093
At 1 April 2022
91,569
9,124
125,098
225,791
Charge for the period
13,374
1,469
4,389
19,232
At 30 March 2023
104,943
10,593
129,487
245,023
At 30 March 2023
53,498
4,407
13,165
71,070
At 31 March 2022
66,872
5,876
16,521
89,269
Blundell Trading Limited
Notes to the Accounts
for the period from 1 April 2022 to 30 March 2023
Amounts falling due within one year
Trade debtors
5,374
20,980
Accrued income and prepayments
187,316
54,920
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
132,582
141,077
Trade creditors
1,414,678
1,280,986
Amounts owed to group undertakings and other participating interests
10,000
8,500
Taxes and social security
20,738
16,205
Other creditors
11,547
11,766
Loans from directors
3,810
27,058
7
Average number of employees
During the period the average number of employees was 39 (2022: 45).