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
TRADING TERMS LIMITED
Company Information
for the year ended 31 March 2024
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
TRADING TERMS LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
2,127
1,195
Cash at bank and in hand
72,920
96,230
Creditors: amounts falling due within one year
(3,973)
(5,627)
Net current assets
83,394
107,940
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
TRADING TERMS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
At 31 March 2024
3,184
4,908
4,773
12,865
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
At 31 March 2024
-
2,127
-
2,127
At 31 March 2023
-
1,195
-
1,195
TRADING TERMS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Accrued income and prepayments
-
784
Other debtors
14,447
13,142
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
2,814
3,435
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).