Company Registration No. 12385803 (England and Wales)
CUSTICE TRADERS LTD
Unaudited accounts
for the year ended 31 December 2023
CUSTICE TRADERS LTD
Unaudited accounts
Contents
CUSTICE TRADERS LTD
Company Information
for the year ended 31 December 2023
Directors
Madiha ABID
Kashaf TARIQ
Company Number
12385803 (England and Wales)
Registered Office
45 Temple Road
Richmond
TW9 2EB
Accountants
MK Accountancy Ltd AFA MIPA
Suite 3.17, Universal Square
Devonshire Street
Manchester
M12 6JH
CUSTICE TRADERS LTD
Statement of financial position
as at 31 December 2023
Tangible assets
5,791
5,717
Cash at bank and in hand
17,521
112,232
Creditors: amounts falling due within one year
(36,808)
(36,079)
Net current assets
45,604
110,538
Total assets less current liabilities
51,395
116,255
Creditors: amounts falling due after more than one year
(215,554)
(215,554)
Net liabilities
(164,159)
(99,299)
Called up share capital
100
100
Profit and loss account
(164,259)
(99,399)
Shareholders' funds
(164,159)
(99,299)
For the year ending 31 December 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 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 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 of Directors and authorised for issue on 21 August 2024 and were signed on its behalf by
Madiha ABID
Director
Company Registration No. 12385803
CUSTICE TRADERS LTD
Notes to the Accounts
for the year ended 31 December 2023
CUSTICE TRADERS LTD is a private company, limited by shares, registered in England and Wales, registration number 12385803. The registered office is 45 Temple Road , Richmond, TW9 2EB.
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.
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:
Motor vehicles
20% Reducing Balance
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
7,000
-
7,000
At 31 December 2023
7,000
1,498
8,498
At 1 January 2023
1,283
-
1,283
Charge for the year
1,143
281
1,424
At 31 December 2023
2,426
281
2,707
At 31 December 2023
4,574
1,217
5,791
At 31 December 2022
5,717
-
5,717
CUSTICE TRADERS LTD
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Accrued income and prepayments
400
400
Other debtors
26,500
7,050
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
3,428
3,050
Taxes and social security
373
136
Other creditors
25,722
25,160
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
215,554
215,554
8
Transactions with related parties
Name of directors receiving advance or credit: Madiha ABID & Kashaf TARIQ
Description of transaction: Directors Loan / Investment
Balance at 01/02/2022 47,554
Advances or credit made 168,000
Advances or credit repaid 0
Balance at 31/12/2022 215,554
9
Average number of employees
During the year the average number of employees was 5 (2022: 5).