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REGISTERED NUMBER: 13310344 (England and Wales)


Financial Statements for the Year Ended 31 March 2024

for

Timber Products Trade Limited

Timber Products Trade Limited (Registered number: 13310344)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Timber Products Trade Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mr. Mandeep Singh Athwal





REGISTERED OFFICE: Midlands House Park Lane
Handsworth
Birmingham
England
B21 8LE





REGISTERED NUMBER: 13310344 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Timber Products Trade Limited (Registered number: 13310344)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 290 387

CURRENT ASSETS
Stocks 78,025 98,745
Debtors 5 15,147 21,166
Cash at bank and in hand 7,059 11,440
100,231 131,351
CREDITORS
Amounts falling due within one year 6 115,637 147,872
NET CURRENT LIABILITIES (15,406 ) (16,521 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(15,116

)

(16,134

)

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings (15,117 ) (16,135 )
SHAREHOLDERS' FUNDS (15,116 ) (16,134 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Timber Products Trade Limited (Registered number: 13310344)

Statement of Financial Position - continued
31 March 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 September 2024 and were signed by:





Mr. Mandeep Singh Athwal - Director


Timber Products Trade Limited (Registered number: 13310344)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Timber Products Trade Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net sales of invoiced goods and services excluding Value Added Tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 576
DEPRECIATION
At 1 April 2023 189
Charge for year 97
At 31 March 2024 286
NET BOOK VALUE
At 31 March 2024 290
At 31 March 2023 387

Timber Products Trade Limited (Registered number: 13310344)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 11,142 17,359
Other debtors 4,005 3,807
15,147 21,166

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors - 6,611
Other creditors 115,637 141,261
115,637 147,872

7. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
1 Share capital 1 £1 1 1