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REGISTERED NUMBER: 12414569 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

NOMAD TRADING LTD

NOMAD TRADING LTD (REGISTERED NUMBER: 12414569)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NOMAD TRADING LTD

Company Information
for the Year Ended 31 January 2024







DIRECTOR: H Williams





REGISTERED OFFICE: Unit A6 Chaucer Business Park
Dittons Road
Polegate
East Sussex
BN26 6QH





REGISTERED NUMBER: 12414569 (England and Wales)





ACCOUNTANTS: MDJ Services Limited
Unit A6
Chaucer Business Park
Dittons Road
Polegate
East Sussex
BN26 6QH

NOMAD TRADING LTD (REGISTERED NUMBER: 12414569)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 28,008 35,401

CURRENT ASSETS
Debtors 5 4,000 4,000
Cash at bank 9,182 31,932
13,182 35,932
CREDITORS
Amounts falling due within one year 6 156,731 138,408
NET CURRENT LIABILITIES (143,549 ) (102,476 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(115,541

)

(67,075

)

CREDITORS
Amounts falling due after more than one
year

7

9,350

15,950
NET LIABILITIES (124,891 ) (83,025 )

CAPITAL AND RESERVES
Called up share capital 12 12
Retained earnings (124,903 ) (83,037 )
SHAREHOLDERS' FUNDS (124,891 ) (83,025 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

NOMAD TRADING LTD (REGISTERED NUMBER: 12414569)

Balance Sheet - continued
31 January 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 24 October 2024 and were signed by:





H Williams - Director


NOMAD TRADING LTD (REGISTERED NUMBER: 12414569)

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

1. STATUTORY INFORMATION

Nomad Trading Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

NOMAD TRADING LTD (REGISTERED NUMBER: 12414569)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 February 2023
and 31 January 2024 3,600 54,115 4,360 62,075
DEPRECIATION
At 1 February 2023 1,296 23,424 1,954 26,674
Charge for year 461 6,138 794 7,393
At 31 January 2024 1,757 29,562 2,748 34,067
NET BOOK VALUE
At 31 January 2024 1,843 24,553 1,612 28,008
At 31 January 2023 2,304 30,691 2,406 35,401

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other debtors 4,000 4,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 6,600 6,600
Trade creditors 1,800 1,680
Related Company Loan 15,666 8,166
Directors' current accounts 231 329
Deferred income 130,634 120,673
Accrued expenses 1,800 960
156,731 138,408

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans - 1-2 years 6,600 6,600
Bank loans - 2-5 years 2,750 9,350
9,350 15,950