Company Registration No. 09504036 (England and Wales)
Tnk Trading Limited
Unaudited accounts
for the year ended 31 March 2024
Tnk Trading Limited
Unaudited accounts
Contents
Tnk Trading Limited
Company Information
for the year ended 31 March 2024
Directors
Tushar Natvarlal Shah
Nimeshkumar Harshadbhai Majmundar
Company Number
09504036 (England and Wales)
Registered Office
Abbey House Lincoln Road
Cressex Business Park
High Wycombe
HP12 3RD
England
Tnk Trading Limited
Statement of financial position
as at 31 March 2024
Tangible assets
15,078
10,747
Cash at bank and in hand
18,976
(16,251)
Creditors: amounts falling due within one year
(274,970)
(241,254)
Net current assets
38,815
43,826
Total assets less current liabilities
53,893
54,573
Creditors: amounts falling due after more than one year
(30,646)
(45,689)
Called up share capital
100
100
Profit and loss account
23,147
8,784
Shareholders' funds
23,247
8,884
For the year ending 31 March 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 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 20 September 2024 and were signed on its behalf by
Tushar Natvarlal Shah
Director
Company Registration No. 09504036
Tnk Trading Limited
Notes to the Accounts
for the year ended 31 March 2024
Tnk Trading Limited is a private company, limited by shares, registered in England and Wales, registration number 09504036. The registered office is Abbey House Lincoln Road, Cressex Business Park, High Wycombe, HP12 3RD, England.
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:
Fixtures & fittings
20% on RBM
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2023
12,990
5,998
18,988
At 31 March 2024
20,241
6,848
27,089
At 1 April 2023
4,942
3,299
8,241
Charge for the year
3,060
710
3,770
At 31 March 2024
8,002
4,009
12,011
At 31 March 2024
12,239
2,839
15,078
At 31 March 2023
8,048
2,699
10,747
Tnk Trading Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
218,765
214,095
Accrued income and prepayments
1,000
1,000
Other debtors
42,009
37,209
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
193,550
168,290
Taxes and social security
20,945
15,588
Other creditors
29,308
31,523
Loans from directors
29,977
24,663
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 7 (2023: 5).