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REGISTERED NUMBER: 07086534 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

TRADES SUPERSITE LIMITED

TRADES SUPERSITE LIMITED (REGISTERED NUMBER: 07086534)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TRADES SUPERSITE LIMITED

COMPANY INFORMATION
for the Year Ended 30 November 2023







DIRECTOR: S N V Kemp





SECRETARY:





REGISTERED OFFICE: 222 Upper Richmond Road West
London
SW14 8AH





REGISTERED NUMBER: 07086534 (England and Wales)





ACCOUNTANTS: K S Goring & Co Chartered Accountants
222 Upper Richmond Road West
London
SW14 8AH

TRADES SUPERSITE LIMITED (REGISTERED NUMBER: 07086534)

BALANCE SHEET
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3 3

CURRENT ASSETS
Debtors 5 26 -
Cash at bank 771 2,222
797 2,222
CREDITORS
Amounts falling due within one year 6 304,404 304,193
NET CURRENT LIABILITIES (303,607 ) (301,971 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(303,604

)

(301,968

)

CREDITORS
Amounts falling due after more than one
year

7

1,085,617

1,085,617
NET LIABILITIES (1,389,221 ) (1,387,585 )

CAPITAL AND RESERVES
Called up share capital 200 200
Share premium 199,970 199,970
Retained earnings (1,589,391 ) (1,587,755 )
SHAREHOLDERS' FUNDS (1,389,221 ) (1,387,585 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

TRADES SUPERSITE LIMITED (REGISTERED NUMBER: 07086534)

BALANCE SHEET - continued
30 November 2023


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

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

The financial statements were approved by the director and authorised for issue on 24 July 2024 and were signed by:





S N V Kemp - Director


TRADES SUPERSITE LIMITED (REGISTERED NUMBER: 07086534)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

TRADES SUPERSITE 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.

The directors consider that, notwithstanding the company's negative net assets position, it is appropriate to prepare the accounts on a going concern basis as the company will be able to continue to meet its liabilities as they fall due, due to the continuing support of its directors, as and when fresh injection are needed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & machinery (including IT equipment) - Straight line over 2 years
Fixtures and fittings - Straight line over 4 years

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 recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company's workplace pension scheme for its employees is provided through automatic enrolment pension scheme in line with Government legislation.
Under the terms of this scheme, employees make pension contributions out of their salaries, and the company also makes additional contributions.
Contributions payable for the year are charged to the profit and loss account in the period to which they relate. Staff contribution are charged to wages and salaries and company contribution are charged to pension cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

TRADES SUPERSITE LIMITED (REGISTERED NUMBER: 07086534)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Plant &
machinery
(including Fixtures
IT and Computer
equipment) fittings equipment Totals
£    £    £    £   
COST
At 1 December 2022
and 30 November 2023 178,765 6,328 5,775 190,868
DEPRECIATION
At 1 December 2022
and 30 November 2023 178,763 6,327 5,775 190,865
NET BOOK VALUE
At 30 November 2023 2 1 - 3
At 30 November 2022 2 1 - 3

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 26 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 220,383 220,383
Other creditors 84,021 83,810
304,404 304,193

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 1,085,617 1,085,617

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more than 5 years 1,085,617 1,085,617

8. RELATED PARTY DISCLOSURES

The company is related to Supersite Design Limited (the Parent company) by virtue of having a common board of director and shareholder.

Included within other creditors (note 8) at 30th November 2023 is an amount of £1,085,617 (2022: £1,085,617), owed to Mr S Kemp, a director and shareholder of the company. Currently, this loan is interest free and repayable on demand.

TRADES SUPERSITE LIMITED (REGISTERED NUMBER: 07086534)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2023

9. ULTIMATE CONTROLLING PARTY

The directors and their close family members are the ultimate controlling parties.