Company registration number 02975233 (England and Wales)
Trading Transformations Limited
FINANCIAL STATEMENTS
for the year ended 31 December 2023
PAGES FOR FILING WITH REGISTRAR
Trading Transformations Limited
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
Trading Transformations Limited
Statement Of Financial Position
as at 31 December 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Investments
2
912,033
912,033
Current assets
Debtors
-
0
1,037,373
Creditors: amounts falling due within one year
(376,694)
(1,061,758)
Net current liabilities
(376,694)
(24,385)
Net assets
535,339
887,648
Capital and reserves
Called up share capital
78,604
78,604
Share premium account
453,602
453,602
Profit and loss reserves
3,133
355,442
Total equity
535,339
887,648

In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 12 September 2024 and are signed on its behalf by:
R G King
Director
Company registration number 02975233 (England and Wales)
Trading Transformations Limited
Notes to the Financial Statements
for the year ended 31 December 2023
- 2 -
1
Accounting policies
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

This company is a qualifying entity for the purposes of FRS 102, being a member of a group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group. The company has therefore taken advantage of exemptions available to it.

Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

2
Fixed asset investments
2023
2022
£
£
Shares in group undertakings and participating interests
912,033
912,033
3
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:

The auditor's report was unqualified.

Senior Statutory Auditor:
Charles R Moorby
Statutory Auditor:
B M Howarth Ltd
Date of audit report:
12 September 2024
Trading Transformations Limited
Notes to the Financial Statements (continued)
for the year ended 31 December 2023
- 3 -
4
Related party transactions

The company is a wholly owned subsidiary of Datagraphic Holdings Limited, a company incorporated in England and Wales. No single individual controls the company.

 

The company is exempt from disclosing related party transactions with group companies as its results are included in consolidated accounts of its ultimate parent undertaking, Datagraphic Holdings Limited.

 

No other transactions with related parties were undertaken such as are required to be disclosed under the Financial Reporting Standards.

5
Company information

Trading Transformations Limited is a private company limited by shares incorporated in England and Wales. The registered office is Ireland Industrial Estate, Adelphi Way, Chesterfield, Derbyshire, S43 3LS.

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