2022-10-01 10386495 2023-09-30 10386495 2022-10-01 2023-09-30 10386495 2022-09-30 10386495 2021-10-01 2022-09-30 10386495 uk-core:WithinOneYear 2022-09-30 10386495 uk-core:WithinOneYear 2023-09-30 10386495 uk-core:ShareCapital 2023-09-30 10386495 uk-core:ShareCapital 2022-09-30 10386495 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 10386495 uk-core:RetainedEarningsAccumulatedLosses 2022-09-30 10386495 uk-bus:Director1 2022-10-01 2023-09-30 10386495 uk-core:OfficeEquipment 2022-10-01 2023-09-30 10386495 uk-core:ComputerEquipment 2022-10-01 2023-09-30 10386495 uk-core:FurnitureFittings 2022-10-01 2023-09-30 10386495 uk-core:WithinOneYear 2023-09-30 10386495 uk-core:WithinOneYear 2022-09-30 iso4217:GBP xbrli:pure 10386495 uk-bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 10386495 uk-bus:FRS102 2022-10-01 2023-09-30 10386495 uk-bus:FilletedAccounts 2022-10-01 2023-09-30 10386495 uk-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30
Draft
COMPANY TRADING & INVESTMENTS LTD
Registered Number:10386495
For the year ended 30 September 2023
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 30 September 2023
COMPANY TRADING & INVESTMENTS LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Draft
Registered Number :
10386495
As at 30 September 2023
COMPANY TRADING & INVESTMENTS LTD
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
206,025
218,075
Financial assets
298,702
2,565,040
2,771,065
516,777
Current assets
Trade and other receivables
353,700
349,559
2
106,032
Cash and cash equivalents
263,707
613,266
459,732
Trade and other payables: amounts falling due within one
year
(637,339)
(391,812)
3
(177,607)
221,454
Net current assets
Total assets less current liabilities
2,992,519
339,170
2,992,519
Net assets
339,170
Capital and reserves
Called up share capital
3,125,500
500,000
Retained earnings
(132,981)
(160,830)
2,992,519
339,170
Shareholders' funds
For the year ended 30 September 2023 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 of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Francesco Lombardo Director
These financial statements were approved and authorised for issue by the Board on 29 October 2024 and were signed by:
The notes form part of these financial statements
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4
Draft
For the year ended 30 September 2023
COMPANY TRADING & INVESTMENTS LTD
Notes to the Financial Statements
Statutory Information
COMPANY TRADING & INVESTMENTS LTD is a private limited company, limited by shares, domiciled in England
and Wales, registration number 10386495.
Principal place of business:
Flat 9
57 Sinclair Road
London
W14 0NR
Registered address:
Suite 205
Balfour House
741 High Road
London
N12 0BP
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
25% Reducing balance
25% Reducing balance
Computer Equipment
25% Straight line
Furniture and Fittings
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate at the date of transaction. Exchange rate differences are taken into account in arriving at the operating result.
2. Trade and other receivables
2022
2023
£
£
Trade debtors
91,374
352,079
Other debtors
258,185
1,621
353,700
349,559
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5
Draft
For the year ended 30 September 2023
COMPANY TRADING & INVESTMENTS LTD
Notes to the Financial Statements Continued
3. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
12,177
-
Trade creditors
46,147
37,963
Taxation and social security
903
14,037
Other creditors
332,585
585,339
391,812
637,339
4. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
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