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REGISTERED NUMBER: 02777836 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Tradewinds International Limited

Tradewinds International Limited (Registered number: 02777836)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Tradewinds International Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: J P Ratchford
Mrs G J Ratchford





SECRETARY: Mrs G J Ratchford





REGISTERED OFFICE: Kennedy Way
Green Lane
Stcokport
Cheshire
SK4 2JX





REGISTERED NUMBER: 02777836 (England and Wales)





ACCOUNTANTS: Lucas Reis Ltd
Chartered Accountants
Lansdowne House
85 Buxton Road
Stockport
Cheshire
SK2 6LR

Tradewinds International Limited (Registered number: 02777836)

Abridged Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 1,429,238 1,156,118
1,429,238 1,156,118

CURRENT ASSETS
Debtors 3,083 2,405
Cash at bank 98,079 392,221
101,162 394,626
CREDITORS
Amounts falling due within one year 1,150,992 1,179,103
NET CURRENT LIABILITIES (1,049,830 ) (784,477 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

379,408

371,641

PROVISIONS FOR LIABILITIES 24,868 24,868
NET ASSETS 354,540 346,773

CAPITAL AND RESERVES
Called up share capital 6 2 2
Undistributable reserves 7 106,014 106,014
Retained earnings 248,524 240,757
SHAREHOLDERS' FUNDS 354,540 346,773

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Tradewinds International Limited (Registered number: 02777836)

Abridged Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 March 2024 and were signed on its behalf by:





J P Ratchford - Director


Tradewinds International Limited (Registered number: 02777836)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Tradewinds International Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents rent receivable for the year from let property.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Investment properties
Investment properties are held for their investment potential and are shown at fair value and are not depreciated.

Surplus or deficits arising from the annual revaluation are recognised in the income statement. Deferred tax is provided on these gains at the rate expected to apply when the property is sold.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.

Tax deferred or accelerated is accounted for in respect of all material timing differences.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Tradewinds International Limited (Registered number: 02777836)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023
and 31 December 2023 13,402
DEPRECIATION
At 1 January 2023
and 31 December 2023 13,402
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023 1,156,118
Additions 273,120
At 31 December 2023 1,429,238
NET BOOK VALUE
At 31 December 2023 1,429,238
At 31 December 2022 1,156,118

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2008 15,882
Valuation in 2009 115,000
Cost 1,298,356
1,429,238

If investment property had not been revalued they would have been included at the following historical cost:

31.12.23 31.12.22
£    £   
Cost 1,298,356 1,025,236

Investment properties were valued on a fair value basis on 31 December 2023 by the directors .

Tradewinds International Limited (Registered number: 02777836)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
2 Ordinary £1 2 2

7. RESERVES
Undistributable
reserves
£   
At 1 January 2023
and 31 December 2023 106,014

8. RELATED PARTY DISCLOSURES

The controlling party is J P Ratchford.