SIMILAN TRADING LIMITED

Company Registration Number:
04982123 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

SIMILAN TRADING LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Notes

SIMILAN TRADING LIMITED

Balance sheet

As at 30 November 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 3,860 3,703
Total fixed assets: 3,860 3,703
Current assets
Stocks: 2,450 2,300
Cash at bank and in hand: 45,271 60,057
Total current assets: 47,721 62,357
Creditors: amounts falling due within one year: 4 (19,488) (33,277)
Net current assets (liabilities): 28,233 29,080
Total assets less current liabilities: 32,093 32,783
Creditors: amounts falling due after more than one year: 5 (29,000) (29,000)
Provision for liabilities: (733) (704)
Total net assets (liabilities): 2,360 3,079
Capital and reserves
Called up share capital: 4 4
Profit and loss account: 2,356 3,075
Shareholders funds: 2,360 3,079

The notes form part of these financial statements

SIMILAN TRADING LIMITED

Balance sheet statements

For the year ending 30 November 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 August 2024
and signed on behalf of the board by:

Name: L Gregory
Status: Director

The notes form part of these financial statements

SIMILAN TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Depreciation on fixed assets is calculated on a reducing balance basis to write off the cost over the estimated lives in the company's business

Other accounting policies

Deferred taxation is provided for using the liability method

SIMILAN TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

2. Employees

2023 2022
Average number of employees during the period 3 3

SIMILAN TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible Assets

Total
Cost £
At 01 December 2022 47,593
Additions 1,444
At 30 November 2023 49,037
Depreciation
At 01 December 2022 43,890
Charge for year 1,287
At 30 November 2023 45,177
Net book value
At 30 November 2023 3,860
At 30 November 2022 3,703

SIMILAN TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Creditors: amounts falling due within one year note

Trade creditors £ 1746 ( £ 2551 ) Other creditors and accruals £ 1615 ( £ 1585 ) Taxation and social security £8316 ( £ 12128) Directors' current accounts £ 7809 ( £17013 )

SIMILAN TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

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

Directors' current accounts £ 29000 ( £ 29000 ). These are unsecured and interest free

SIMILAN TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

6. Loans to directors

There us no controlling party as each director has one share each. The director's have confirmed that they will continue to support the business and therefore the accounts have been preapred on a going concern basis