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REGISTERED NUMBER: 06059139 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2024

FOR

TRADE PARTNERS INTERNATIONAL LIMITED

TRADE PARTNERS INTERNATIONAL LIMITED (REGISTERED NUMBER: 06059139)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30th April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TRADE PARTNERS INTERNATIONAL LIMITED

COMPANY INFORMATION
for the Year Ended 30th April 2024







DIRECTORS: T P Bradley
A J Topham





SECRETARY: Mrs A J E Bradley





REGISTERED OFFICE: 6 Reynolds Drive
Wollaton
Nottingham
Nottinghamshire
NG8 1HE





REGISTERED NUMBER: 06059139 (England and Wales)





ACCOUNTANTS: Stephenson Nuttall & Co
Chartered Accountants
Ossington Chambers
6-8 Castle Gate
Newark
Nottinghamshire
NG24 1AX

TRADE PARTNERS INTERNATIONAL LIMITED (REGISTERED NUMBER: 06059139)

BALANCE SHEET
30th April 2024

30/4/24 30/4/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,325 2,794

CURRENT ASSETS
Stocks 197,414 231,787
Debtors 5 473,846 453,561
Cash at bank 427,729 384,279
1,098,989 1,069,627
CREDITORS
Amounts falling due within one year 6 380,242 442,413
NET CURRENT ASSETS 718,747 627,214
TOTAL ASSETS LESS CURRENT
LIABILITIES

721,072

630,008

PROVISIONS FOR LIABILITIES 7 574 545
NET ASSETS 720,498 629,463

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 720,398 629,363
SHAREHOLDERS' FUNDS 720,498 629,463

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

TRADE PARTNERS INTERNATIONAL LIMITED (REGISTERED NUMBER: 06059139)

BALANCE SHEET - continued
30th April 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th September 2024 and were signed on its behalf by:




T P Bradley - Director



A J Topham - Director


TRADE PARTNERS INTERNATIONAL LIMITED (REGISTERED NUMBER: 06059139)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30th April 2024

1. STATUTORY INFORMATION

Trade Partners International 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

TRADE PARTNERS INTERNATIONAL LIMITED (REGISTERED NUMBER: 06059139)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th April 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st May 2023
and 30th April 2024 15,600 15,586 3,480 34,666
DEPRECIATION
At 1st May 2023 13,300 15,092 3,480 31,872
Charge for year 345 124 - 469
At 30th April 2024 13,645 15,216 3,480 32,341
NET BOOK VALUE
At 30th April 2024 1,955 370 - 2,325
At 30th April 2023 2,300 494 - 2,794

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Trade debtors 302,700 263,383
Other debtors 170,063 189,219
Prepayments 1,083 959
473,846 453,561

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Other loans 4,530 56,361
Trade creditors 270,936 278,155
Tax 48,090 47,222
Social security and other taxes 52,912 56,688
Directors' current accounts 1,649 1,962
Accrued expenses 2,125 2,025
380,242 442,413

7. PROVISIONS FOR LIABILITIES
30/4/24 30/4/23
£    £   
Deferred tax 574 545

TRADE PARTNERS INTERNATIONAL LIMITED (REGISTERED NUMBER: 06059139)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th April 2024

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st May 2023 545
Accelerated capital allowances 29
Balance at 30th April 2024 574

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/4/24 30/4/23
value: £    £   
100 Ordinary £1 100 100

9. CONTINGENT LIABILITIES

The company had no contingent liabilities at 30th April 2024 (2023 - none).

10. CAPITAL COMMITMENTS
30/4/24 30/4/23
£    £   
Contracted but not provided for in the
financial statements - -

11. RELATED PARTY DISCLOSURES

The company paid rent during the year of £40,000 (2023 - £25,000) to Castle View Holdings, a partnership in which TP Bradley and AJ Topham are partners. At 30th April 2024 an amount of £170,063 (2023 - £188,864) was due to the company from Castle View Holdings and is included within other debtors.