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Company Registration No. 12681259 (England and Wales)
EGT TRADING LTD Unaudited accounts for the year ended 30 June 2023
EGT TRADING LTD Unaudited accounts Contents
Page
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EGT TRADING LTD Company Information for the year ended 30 June 2023
Director
Ermias Takele
Company Number
12681259 (England and Wales)
Registered Office
128 City Road London EC1V 2NX
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EGT TRADING LTD Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
859 
1,512 
Current assets
Inventories
37,653 
30,453 
Debtors
16,967 
- 
Cash at bank and in hand
141 
1,566 
54,761 
32,019 
Creditors: amounts falling due within one year
(65,685)
(52,825)
Net current liabilities
(10,924)
(20,806)
Net liabilities
(10,065)
(19,294)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(10,066)
(19,295)
Shareholders' funds
(10,065)
(19,294)
For the year 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 12 March 2024 and were signed on its behalf by
Ermias Takele Director Company Registration No. 12681259
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EGT TRADING LTD Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
EGT TRADING LTD is a private company, limited by shares, registered in England and Wales, registration number 12681259. The registered office is 128 City Road, London, EC1V 2NX.
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.
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
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 July 2022
2,380 
At 30 June 2023
2,380 
Depreciation
At 1 July 2022
868 
Charge for the year
188 
On disposals
465 
At 30 June 2023
1,521 
Net book value
At 30 June 2023
859 
At 30 June 2022
1,512 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
16,967 
- 
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EGT TRADING LTD Notes to the Accounts for the year ended 30 June 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
480 
480 
Loans from directors
64,485 
51,865 
Accruals
720 
480 
65,685 
52,825 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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