13123705falsesupport services2023-02-012024-01-31http://www.companieshouse.gov.uk/2023-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-01-31http://www.companieshouse.gov.uk/cd:Director12023-02-012024-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-02-012024-01-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-02-012024-01-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-02-012024-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-01-31http://www.companieshouse.gov.uk/2023-02-012024-01-31http://www.companieshouse.gov.uk/2023-01-31http://www.companieshouse.gov.uk/cd:FRS1022023-02-012024-01-31http://www.companieshouse.gov.uk/2024-01-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-02-012024-01-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-02-012024-01-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 13123705

Onlinetradingcircle Limited

ACCOUNTS
FOR THE YEAR ENDED 31/01/2024

Prepared By:
N B Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

Onlinetradingcircle Limited

ACCOUNTS
FOR THE YEAR ENDED 31/01/2024
DIRECTORS
Scott Bradley Fitzsimmons
REGISTERED OFFICE
Highview House 1st Floor
Tattenham Crescent
Epsom
KT18 5QJ
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 13123705
BANKERS
Monzo Bank Limited
ACCOUNTANTS
N B Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

Onlinetradingcircle Limited

ACCOUNTS
FOR THEYEARENDED31/01/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Onlinetradingcircle Limited

BALANCE SHEET AT 31/01/2024
20242023
Notes££
CURRENT ASSETS
Debtors39,9598,607
Cash at bank and in hand701430
10,6609,037
CREDITORS: Amounts falling due within one year416,6658,049
NET CURRENT (LIABILITIES) / ASSETS(6,005)988
TOTAL ASSETS LESS CURRENT LIABILITIES(6,005)988
CAPITAL AND RESERVES
Called up share capital511
Profit and loss account(6,006)987
SHAREHOLDERS' FUNDS(6,005)988
For the year ending 31/01/2024 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 09/10/2024 and signed on their behalf by
.............................
Scott Bradley Fitzsimmons
Director

Onlinetradingcircle Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/01/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
2. EMPLOYEES
20242023
No.No.
Average number of employees--
3. DEBTORS 20242023
££
Amounts falling due within one year
Directors current account9,9598,607
9,9598,607
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax15,3456,429
Accruals1,3201,620
16,6658,049

Onlinetradingcircle Limited

5. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11
6. RELATED PARTY TRANSACTIONS
A salary of £5,200 was paid to the director during the year (2023 - £8,000).
Dividends of £45,000 were paid to the director during the year (2023 - £24,000).
At the balance sheet date the director owed the company £9,959 (2023 - £8,607). The loan is unsecured, interest free and repayable on demand.
7. GOING CONCERN
At the balance sheet date the company's liabilities exceeded its assets. The company has received assurances from the director that they will continue to give financial support to the company for the twelve months from the date of signing these financial statements.