Sinclaire Trading Ltd 13571340 false 2022-09-01 2023-10-31 2023-10-31 The principal activity of the company is contract for differences trading. Digita Accounts Production Advanced 6.30.9574.0 true true 13571340 2022-09-01 2023-10-31 13571340 2023-10-31 13571340 core:CurrentFinancialInstruments 2023-10-31 13571340 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-31 13571340 bus:SmallEntities 2022-09-01 2023-10-31 13571340 bus:AuditExemptWithAccountantsReport 2022-09-01 2023-10-31 13571340 bus:FullAccounts 2022-09-01 2023-10-31 13571340 bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-10-31 13571340 bus:RegisteredOffice 2022-09-01 2023-10-31 13571340 bus:Director1 2022-09-01 2023-10-31 13571340 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-10-31 13571340 countries:England 2022-09-01 2023-10-31 13571340 2021-08-17 2022-08-31 13571340 2022-08-31 13571340 core:CurrentFinancialInstruments 2022-08-31 13571340 core:CurrentFinancialInstruments core:WithinOneYear 2022-08-31 iso4217:GBP xbrli:pure

Registration number: 13571340

Sinclaire Trading Ltd

Unaudited Filleted Financial Statements

for the Period from 1 September 2022 to 31 October 2023

 

Sinclaire Trading Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

Sinclaire Trading Ltd

(Registration number: 13571340)
Balance Sheet as at 31 October 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

138,985

127

Cash at bank and in hand

 

109

100

 

139,094

227

Creditors: Amounts falling due within one year

5

(693,371)

(620,180)

Net liabilities

 

(554,277)

(619,953)

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(554,377)

(620,053)

Shareholders' deficit

 

(554,277)

(619,953)

For the financial period ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 July 2024 and signed on its behalf by:
 

.........................................
Mr I Ahmed
Director

   
     
 

Sinclaire Trading Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2022 to 31 October 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Asia Mill
Bradford Road
Bolton
BL3 2HE

These financial statements were authorised for issue by the Board on 30 July 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

At the balance sheet date, the company's liabilities exceeded its assets. The company has a good working relationship with its creditors and received assurances from the directors that they will continue to give financial support to the company for twelve months from the date of signing these financial statements.

On this basis, the directors consider it appropriate to prepare the accounts on the going concern basis. However, should the financial support mentioned above not be forthcoming the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and provide for any further liabilities which might arise. The accounts do not include any adjustment to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 0 (2022 - 0).

 

Sinclaire Trading Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2022 to 31 October 2023

4

Debtors

Current

2023
£

2022
£

Other debtors

138,985

127

 

138,985

127

5

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Accruals and deferred income

6,360

3,180

Other creditors

687,011

617,000

693,371

620,180