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Company Registration No. 10590989 (England and Wales)
TY TRADING LIMITED Unaudited accounts for the year ended 31 January 2024
TY TRADING LIMITED Unaudited accounts Contents
Page
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TY TRADING LIMITED Company Information for the year ended 31 January 2024
Director
THOMAS ALEXANDER YOUNG
Company Number
10590989 (England and Wales)
Registered Office
62 BARTHOLOMEW STREET NEWBURY BERKSHIRE RG14 7BE
Accountants
ASPIRE ACCOUNTANTS AND ADVISORS LIMITED 62 BARTHOLOMEW STREET NEWBURY NEWBURY BERKSHIRE RG14 7BE
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TY TRADING LIMITED Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,316 
4,631 
Current assets
Debtors
11,040 
4,655 
Cash at bank and in hand
577 
- 
11,617 
4,655 
Creditors: amounts falling due within one year
(8,890)
(4,623)
Net current assets
2,727 
32 
Net assets
6,043 
4,663 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
5,943 
4,563 
Shareholders' funds
6,043 
4,663 
For the year ending 31 January 2024 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 1 March 2024 and were signed on its behalf by
THOMAS ALEXANDER YOUNG Director Company Registration No. 10590989
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TY TRADING LIMITED Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
TY TRADING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10590989. The registered office is 62 BARTHOLOMEW STREET, NEWBURY, BERKSHIRE, RG14 7BE.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
Straight line basis over five years
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 February 2023
8,054 
Additions
370 
At 31 January 2024
8,424 
Depreciation
At 1 February 2023
3,423 
Charge for the year
1,685 
At 31 January 2024
5,108 
Net book value
At 31 January 2024
3,316 
At 31 January 2023
4,631 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
205 
1,072 
Other debtors
10,835 
3,583 
11,040 
4,655 
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TY TRADING LIMITED Notes to the Accounts for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
48 
Trade creditors
1,648 
1,033 
Taxes and social security
6,378 
2,762 
Accruals
864 
780 
8,890 
4,623 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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