TJ TRADING LONDON LTD

Company Registration Number:
12206479 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2023

Period of accounts

Start date: 01 October 2022

End date: 30 September 2023

TJ TRADING LONDON LTD

Contents of the Financial Statements

for the Period Ended 30 September 2023

Balance sheet
Notes

TJ TRADING LONDON LTD

Balance sheet

As at 30 September 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 16,225 18,358
Total fixed assets: 16,225 18,358
Current assets
Stocks: 651,520 636,000
Debtors: 4 6,289 8,768
Cash at bank and in hand: 44,187 38,514
Total current assets: 701,996 683,282
Creditors: amounts falling due within one year: 5 (627,136) (618,073)
Net current assets (liabilities): 74,860 65,209
Total assets less current liabilities: 91,085 83,567
Creditors: amounts falling due after more than one year: 6 (15,399) (26,047)
Total net assets (liabilities): 75,686 57,520
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 75,586 57,420
Shareholders funds: 75,686 57,520

The notes form part of these financial statements

TJ TRADING LONDON LTD

Balance sheet statements

For the year ending 30 September 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 September 2024
and signed on behalf of the board by:

Name: Tasmin Jamil
Status: Director

The notes form part of these financial statements

TJ TRADING LONDON LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Plant & machinery 10% reducing balance basis. Fixtures, fittings, tools and equipment 20% reducing balance basis.

TJ TRADING LONDON LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

2. Employees

2023 2022
Average number of employees during the period 12 11

TJ TRADING LONDON LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

3. Tangible Assets

Total
Cost £
At 01 October 2022 25,398
At 30 September 2023 25,398
Depreciation
At 01 October 2022 7,040
Charge for year 2,133
At 30 September 2023 9,173
Net book value
At 30 September 2023 16,225
At 30 September 2022 18,358

TJ TRADING LONDON LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 6,289 8,768

TJ TRADING LONDON LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

5. Creditors: amounts falling due within one year note

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

TJ TRADING LONDON LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

6. Creditors: amounts falling due after more than one year note

Long term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.