Company Registration No. 11074597 (England and Wales)
ST TRADING LINKS LIMITED
Unaudited accounts
for the year ended 30 November 2023
ST TRADING LINKS LIMITED
Unaudited accounts
Contents
ST TRADING LINKS LIMITED
Company Information
for the year ended 30 November 2023
Director
Dr. Saschi Ahmed Momin
Company Number
11074597 (England and Wales)
Registered Office
7 Bell Yard
London
England
WC2A 2JR
Accountants
MJ Support & Co Certified Accountants & Business Consultants
30 Churchill Place
Canary Wharf
E14 5EU
ST TRADING LINKS LIMITED
Statement of financial position
as at 30 November 2023
Tangible assets
1,441
1,921
Cash at bank and in hand
5,455
19,888
Creditors: amounts falling due within one year
(9,797)
(13,707)
Net current assets
2,536
13,059
Total assets less current liabilities
4,172
15,222
Creditors: amounts falling due after more than one year
(9,519)
(18,558)
Net liabilities
(5,347)
(3,336)
Called up share capital
20
20
Profit and loss account
(5,367)
(3,356)
Shareholders' funds
(5,347)
(3,336)
For the year ending 30 November 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 7 August 2024 and were signed on its behalf by
Dr. Saschi Ahmed Momin
Director
Company Registration No. 11074597
ST TRADING LINKS LIMITED
Notes to the Accounts
for the year ended 30 November 2023
ST TRADING LINKS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11074597. The registered office is 7 Bell Yard, London , England, WC2A 2JR.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
25% Reducing Balance Method
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
ST TRADING LINKS LIMITED
Notes to the Accounts
for the year ended 30 November 2023
5
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
3,217
3,217
Loans from directors
6,000
10,000
8
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
5,477
11,477
Creditors includes the Bounce Back Loan for the amount of £4,041.65 GBP which is unsecured, and repayable together with the interest payments in 3 years.
9
Transactions with related parties
During the year costs for displacements services in relation to properties for the amount of £6,000.00 GBP are paid to NORTHSIDE APARTMENTS LTD where Mr. Dr. Saschi Ahmed Momin is director and shareholder.
10
Average number of employees
During the year the average number of employees was 0 (2022: 0).