Company Registration No. 09755759 (England and Wales)
Mexus Trading Ltd
Unaudited accounts
for the year ended 30 September 2023
Mexus Trading Ltd
Statement of financial position
as at 30 September 2023
Tangible assets
4,088
7,839
Inventories
440,000
510,000
Cash at bank and in hand
7,492
17,126
Creditors: amounts falling due within one year
(247,763)
(265,344)
Net current assets
199,729
261,782
Total assets less current liabilities
203,817
269,621
Creditors: amounts falling due after more than one year
(17,695)
(27,305)
Net assets
186,122
242,316
Called up share capital
100
100
Profit and loss account
186,022
242,216
Shareholders' funds
186,122
242,316
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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
Abdul Javad Ahmed
Director
Company Registration No. 09755759
Mexus Trading Ltd
Notes to the Accounts
for the year ended 30 September 2023
Mexus Trading Ltd is a private company, limited by shares, registered in England and Wales, registration number 09755759. The registered office is Unit 9 The Mead Business Centre, 176-178 Berkhampstead Road, Chesham, HP5 3EE, United Kingdom.
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
4 year straight line
4
Tangible fixed assets
Fixtures & fittings
At 30 September 2023
19,197
At 30 September 2023
15,109
At 30 September 2023
4,088
At 30 September 2022
7,839
Mexus Trading Ltd
Notes to the Accounts
for the year ended 30 September 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,000
10,000
Trade creditors
6,300
6,300
Taxes and social security
33,248
65,906
Other creditors
92,652
124,605
Loans from directors
103,163
56,133
6
Creditors: amounts falling due after more than one year
2023
2022
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).