RIGHT TRADE EXCHANGE LIMITED

Company Registration Number:
13758154 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

RIGHT TRADE EXCHANGE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

RIGHT TRADE EXCHANGE LIMITED

Profit And Loss Account

for the Period Ended 31 March 2024

2024 4 months to 31 March 2023


£

£
Turnover: 0 0
Cost of sales: 0 0
Gross profit(or loss): 0 0
Distribution costs: 0 0
Administrative expenses: ( 142,880 ) ( 3,861 )
Other operating income: 0 0
Operating profit(or loss): (142,880) (3,861)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (142,880) (3,861)
Profit(or loss) for the financial year: (142,880) (3,861)

RIGHT TRADE EXCHANGE LIMITED

Balance sheet

As at 31 March 2024

Notes 2024 4 months to 31 March 2023


£

£
Fixed assets
Intangible assets: 3 614,672 270,642
Total fixed assets: 614,672 270,642
Current assets
Cash at bank and in hand: 564 8,301
Total current assets: 564 8,301
Net current assets (liabilities): 564 8,301
Total assets less current liabilities: 615,236 278,943
Creditors: amounts falling due after more than one year: 4 ( 46,180 ) 0
Total net assets (liabilities): 569,056 278,943
Capital and reserves
Called up share capital: 711,936 282,772
Profit and loss account: (142,880 ) (3,829 )
Total Shareholders' funds: 569,056 278,943

The notes form part of these financial statements

RIGHT TRADE EXCHANGE LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 5 August 2024
and signed on behalf of the board by:

Name: P P Delaney
Status: Director

The notes form part of these financial statements

RIGHT TRADE EXCHANGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Tangible fixed assets depreciation policy

    Amortization over 3 years

RIGHT TRADE EXCHANGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 4 months to 31 March 2023
    Average number of employees during the period 3 0

RIGHT TRADE EXCHANGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 April 2023 270,642 270,642
Additions 486,910 486,910
Disposals
Revaluations
Transfers
At 31 March 2024 757,552 757,552
Amortisation
At 1 April 2023 0 0
Charge for year 142,880 142,880
On disposals
Other adjustments
At 31 March 2024 142,880 142,880
Net book value
At 31 March 2024 614,672 614,672
At 31 March 2023 270,642 270,642

RIGHT TRADE EXCHANGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Creditors: amounts falling due after more than one year note

2024 4 months to 31 March 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 46,180 0
Total 46,180 0