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Company Registration No. 06857295 (England and Wales)
TRADING TERMS LIMITED Unaudited accounts for the year ended 31 March 2024
TRADING TERMS LIMITED Unaudited accounts Contents
Page
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TRADING TERMS LIMITED Company Information for the year ended 31 March 2024
Director
Joanna Tall
Company Number
06857295 (England and Wales)
Registered Office
159 ARTHUR ROAD LONDON SW19 8AD ENGLAND
Accountants
Lateral Accounting Ltd 2 Chestnut Road Kingston Upon Thames KT2 5AP
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TRADING TERMS LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,127 
1,195 
Current assets
Debtors
14,447 
17,337 
Cash at bank and in hand
72,920 
96,230 
87,367 
113,567 
Creditors: amounts falling due within one year
(3,973)
(5,627)
Net current assets
83,394 
107,940 
Net assets
85,521 
109,135 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
85,421 
109,035 
Shareholders' funds
85,521 
109,135 
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 October 2024 and were signed on its behalf by
Joanna Tall Director Company Registration No. 06857295
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TRADING TERMS LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
TRADING TERMS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06857295. The registered office is 159 ARTHUR ROAD, LONDON, SW19 8AD, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33% straight line
Computer equipment
33% straight line
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
3,184 
3,081 
4,773 
11,038 
Additions
- 
1,827 
- 
1,827 
At 31 March 2024
3,184 
4,908 
4,773 
12,865 
Depreciation
At 1 April 2023
3,184 
1,886 
4,773 
9,843 
Charge for the year
- 
895 
- 
895 
At 31 March 2024
3,184 
2,781 
4,773 
10,738 
Net book value
At 31 March 2024
- 
2,127 
- 
2,127 
At 31 March 2023
- 
1,195 
- 
1,195 
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TRADING TERMS LIMITED Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
3,411 
Accrued income and prepayments
- 
784 
Other debtors
14,447 
13,142 
14,447 
17,337 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
469 
1,779 
Trade creditors
2,814 
3,435 
Accruals
690 
413 
3,973 
5,627 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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