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Company Registration No. 08337991 (England and Wales)
Tradewize Ltd Unaudited accounts for the year ended 31 December 2023
Tradewize Ltd Unaudited accounts Contents
Page
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Tradewize Ltd Company Information for the year ended 31 December 2023
Director
Ali Raza
Company Number
08337991 (England and Wales)
Registered Office
UNIT 7, 108 WATERLOO ROAD MANCHESTER M8 8AF UNITED KINGDOM
Accountants
FIRST CHOICE ACCOUNTANTS LTD SUITE 2.18, UNIVERSAL SQUARE DEVONSHIRE STREET NORTH MANCHESTER LANCASHIRE M12 6JH
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Tradewize Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
494 
581 
Current assets
Inventories
43,275 
42,950 
Debtors
7,647 
15,921 
Cash at bank and in hand
49,243 
47,581 
100,165 
106,452 
Creditors: amounts falling due within one year
(68,424)
(69,386)
Net current assets
31,741 
37,066 
Total assets less current liabilities
32,235 
37,647 
Creditors: amounts falling due after more than one year
(24,917)
(34,803)
Net assets
7,318 
2,844 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
6,318 
1,844 
Shareholders' funds
7,318 
2,844 
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 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 19 September 2024 and were signed on its behalf by
Ali Raza Director Company Registration No. 08337991
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Tradewize Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Tradewize Ltd is a private company, limited by shares, registered in England and Wales, registration number 08337991. The registered office is UNIT 7,, 108 WATERLOO ROAD, MANCHESTER, M8 8AF, UNITED KINGDOM.
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:
Fixtures & fittings
15% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
2,019 
230 
2,249 
At 31 December 2023
2,019 
230 
2,249 
Depreciation
At 1 January 2023
1,571 
97 
1,668 
Charge for the year
67 
20 
87 
At 31 December 2023
1,638 
117 
1,755 
Net book value
At 31 December 2023
381 
113 
494 
At 31 December 2022
448 
133 
581 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,772 
14,046 
Accrued income and prepayments
1,875 
1,875 
7,647 
15,921 
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Tradewize Ltd Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
3,614 
6,682 
Trade creditors
56,254 
55,747 
Proposed dividends
3,000 
2,000 
Other creditors
5,556 
4,957 
68,424 
69,386 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
24,917 
34,803 
8
Average number of employees
During the year the average number of employees was 5 (2022: 5).
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