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Company Registration No. 13546226 (England and Wales)
POSHMARK SHAH TRADING HUB LIMITED Unaudited accounts for the year ended 31 August 2023
POSHMARK SHAH TRADING HUB LIMITED Unaudited accounts Contents
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POSHMARK SHAH TRADING HUB LIMITED Company Information for the year ended 31 August 2023
Director
HADIR ALI SHAH
Company Number
13546226 (England and Wales)
Registered Office
128 BROUGHTON STREET UNIT 1 MANCHESTER M8 8AN ENGLAND
Accountants
M SAFDAR & CO ACCOUNTANTS 28 MEREFIELD STREET ROCHDALE OL11 3RU
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POSHMARK SHAH TRADING HUB LIMITED Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,090 
- 
Current assets
Inventories
49,875 
80,012 
Debtors
14,298 
3,964 
Cash at bank and in hand
1,261 
10,818 
65,434 
94,794 
Creditors: amounts falling due within one year
(9,049)
(79,532)
Net current assets
56,385 
15,262 
Total assets less current liabilities
57,475 
15,262 
Creditors: amounts falling due after more than one year
(24,392)
(9,808)
Net assets
33,083 
5,454 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
33,082 
5,453 
Shareholders' funds
33,083 
5,454 
For the year ending 31 August 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 19 April 2024 and were signed on its behalf by
HADIR ALI SHAH Director Company Registration No. 13546226
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POSHMARK SHAH TRADING HUB LIMITED Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
POSHMARK SHAH TRADING HUB LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13546226. The registered office is 128 BROUGHTON STREET UNIT 1, MANCHESTER, M8 8AN, 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.
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.
SUNDRY EXPENSES
Also include Packaging & Security.
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
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 September 2022
- 
Additions
1,090 
At 31 August 2023
1,090 
Depreciation
At 31 August 2023
- 
Net book value
At 31 August 2023
1,090 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
9,971 
3,964 
Trade debtors
4,327 
- 
14,298 
3,964 
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POSHMARK SHAH TRADING HUB LIMITED Notes to the Accounts for the year ended 31 August 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
- 
77,653 
Taxes and social security
8,199 
1,279 
Accruals
850 
600 
9,049 
79,532 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
14,584 
- 
Loans from directors
9,808 
9,808 
24,392 
9,808 
8
Average number of employees
During the year the average number of employees was 4 (2022: 2).
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