08285758falsethe sale of imported specialised footweartogether with goods fabricated in house.2023-01-012023-12-31http://www.companieshouse.gov.uk/2022-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2022-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-12-31http://www.companieshouse.gov.uk/cd:Director12023-01-012023-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-01-012023-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-01-012023-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-01-012023-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-12-31http://www.companieshouse.gov.uk/2023-01-012023-12-31http://www.companieshouse.gov.uk/2022-12-31http://www.companieshouse.gov.uk/cd:FRS1022023-01-012023-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-01-012023-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-01-012023-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 08285758

Soame Trading Ltd.

ACCOUNTS
FOR THE YEAR ENDED 31/12/2023

Prepared By:
K E Cross Ltd.
Accountants
2
Air Balloon Road
Bristol
BS5 8LA

Soame Trading Ltd.

ACCOUNTS
FOR THE YEAR ENDED 31/12/2023
DIRECTORS
Gary M Soame
REGISTERED OFFICE
35 High Street
Standlake
Witney
Oxon
OX29 7RH
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08285758
ACCOUNTANTS
K E Cross Ltd.
Accountants
2
Air Balloon Road
Bristol
BS5 8LA

Soame Trading Ltd.

ACCOUNTS
FOR THEYEARENDED31/12/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Soame Trading Ltd.

BALANCE SHEET AT 31/12/2023
20232022
Notes££
FIXED ASSETS
Tangible assets3178237
CURRENT ASSETS
Stock6,0005,000
Cash at bank and in hand1,7471,057
7,7476,057
CREDITORS: Amounts falling due within one year57,6698,438
NET CURRENT ASSETS / (LIABILITIES)78(2,381)
TOTAL ASSETS LESS CURRENT LIABILITIES256(2,144)
PROVISIONS FOR LIABILITIES AND CHARGES63449
NET ASSETS / (LIABILITIES)222(2,193)
CAPITAL AND RESERVES
Called up share capital75050
Profit and loss account172(2,243)
SHAREHOLDERS' FUNDS222(2,193)
For the year ending 31/12/2023 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 20/09/2024 and signed on their behalf by
.............................
Gary M Soame
Director

Soame Trading Ltd.

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant & Machinery - 25% reducing balance basis
Plant And Machineryreducing balance25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. EMPLOYEES
20232022
No.No.
Average number of employees11
3. TANGIBLE FIXED ASSETS
Plant and
MachineryTotal
££
Cost
At 01/01/20231,8201,820
At 31/12/20231,8201,820
Depreciation
At 01/01/20231,5831,583
For the year5959
At 31/12/20231,6421,642
Net Book Amounts
At 31/12/2023178178
At 31/12/2022237237

Soame Trading Ltd.

4. STOCK 20232022
££
Stock comprises:
Stock6,0005,000
6,0005,000
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
Directors current account6,7447,713
Accruals925725
7,6698,438
6. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation3449
3449
7. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
50 Ordinary shares of £1 each5050
5050