2023-04-012024-03-312024-03-31false13214362FELU TRADING & DEVELOPMENT LTD2024-10-16iso4217:GBPxbrli:pure132143622023-04-01132143622024-03-31132143622023-04-012024-03-31132143622022-04-01132143622023-03-31132143622022-04-012023-03-3113214362bus:SmallEntities2023-04-012024-03-3113214362bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3113214362bus:FullAccounts2023-04-012024-03-3113214362bus:PrivateLimitedCompanyLtd2023-04-012024-03-3113214362core:WithinOneYear2024-03-3113214362core:AfterOneYear2024-03-3113214362core:WithinOneYear2023-03-3113214362core:AfterOneYear2023-03-3113214362core:ShareCapital2024-03-3113214362core:SharePremium2024-03-3113214362core:RevaluationReserve2024-03-3113214362core:OtherReservesSubtotal2024-03-3113214362core:RetainedEarningsAccumulatedLosses2024-03-3113214362core:ShareCapital2023-03-3113214362core:SharePremium2023-03-3113214362core:RevaluationReserve2023-03-3113214362core:OtherReservesSubtotal2023-03-3113214362core:RetainedEarningsAccumulatedLosses2023-03-3113214362core:LandBuildings2024-03-3113214362core:PlantMachinery2024-03-3113214362core:Vehicles2024-03-3113214362core:FurnitureFittings2024-03-3113214362core:OfficeEquipment2024-03-3113214362core:NetGoodwill2024-03-3113214362core:IntangibleAssetsOtherThanGoodwill2024-03-3113214362core:ListedExchangeTraded2024-03-3113214362core:UnlistedNon-exchangeTraded2024-03-3113214362core:LandBuildings2023-03-3113214362core:PlantMachinery2023-03-3113214362core:Vehicles2023-03-3113214362core:FurnitureFittings2023-03-3113214362core:OfficeEquipment2023-03-3113214362core:NetGoodwill2023-03-3113214362core:IntangibleAssetsOtherThanGoodwill2023-03-3113214362core:ListedExchangeTraded2023-03-3113214362core:UnlistedNon-exchangeTraded2023-03-3113214362core:LandBuildings2023-04-012024-03-3113214362core:PlantMachinery2023-04-012024-03-3113214362core:Vehicles2023-04-012024-03-3113214362core:FurnitureFittings2023-04-012024-03-3113214362core:OfficeEquipment2023-04-012024-03-3113214362core:NetGoodwill2023-04-012024-03-3113214362core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3113214362core:ListedExchangeTraded2023-04-012024-03-3113214362core:UnlistedNon-exchangeTraded2023-04-012024-03-3113214362core:MoreThanFiveYears2023-04-012024-03-3113214362core:Non-currentFinancialInstruments2024-03-3113214362core:Non-currentFinancialInstruments2023-03-3113214362dpl:CostSales2023-04-012024-03-3113214362dpl:DistributionCosts2023-04-012024-03-3113214362core:LandBuildings2023-04-012024-03-3113214362core:PlantMachinery2023-04-012024-03-3113214362core:Vehicles2023-04-012024-03-3113214362core:FurnitureFittings2023-04-012024-03-3113214362core:OfficeEquipment2023-04-012024-03-3113214362dpl:AdministrativeExpenses2023-04-012024-03-3113214362core:NetGoodwill2023-04-012024-03-3113214362core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3113214362dpl:GroupUndertakings2023-04-012024-03-3113214362dpl:ParticipatingInterests2023-04-012024-03-3113214362dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3113214362core:ListedExchangeTraded2023-04-012024-03-3113214362dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3113214362core:UnlistedNon-exchangeTraded2023-04-012024-03-3113214362dpl:CostSales2022-04-012023-03-3113214362dpl:DistributionCosts2022-04-012023-03-3113214362core:LandBuildings2022-04-012023-03-3113214362core:PlantMachinery2022-04-012023-03-3113214362core:Vehicles2022-04-012023-03-3113214362core:FurnitureFittings2022-04-012023-03-3113214362core:OfficeEquipment2022-04-012023-03-3113214362dpl:AdministrativeExpenses2022-04-012023-03-3113214362core:NetGoodwill2022-04-012023-03-3113214362core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3113214362dpl:GroupUndertakings2022-04-012023-03-3113214362dpl:ParticipatingInterests2022-04-012023-03-3113214362dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3113214362core:ListedExchangeTraded2022-04-012023-03-3113214362dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3113214362core:UnlistedNon-exchangeTraded2022-04-012023-03-3113214362core:NetGoodwill2024-03-3113214362core:IntangibleAssetsOtherThanGoodwill2024-03-3113214362core:LandBuildings2024-03-3113214362core:PlantMachinery2024-03-3113214362core:Vehicles2024-03-3113214362core:FurnitureFittings2024-03-3113214362core:OfficeEquipment2024-03-3113214362core:AfterOneYear2024-03-3113214362core:WithinOneYear2024-03-3113214362core:ListedExchangeTraded2024-03-3113214362core:UnlistedNon-exchangeTraded2024-03-3113214362core:ShareCapital2024-03-3113214362core:SharePremium2024-03-3113214362core:RevaluationReserve2024-03-3113214362core:OtherReservesSubtotal2024-03-3113214362core:RetainedEarningsAccumulatedLosses2024-03-3113214362core:NetGoodwill2023-03-3113214362core:IntangibleAssetsOtherThanGoodwill2023-03-3113214362core:LandBuildings2023-03-3113214362core:PlantMachinery2023-03-3113214362core:Vehicles2023-03-3113214362core:FurnitureFittings2023-03-3113214362core:OfficeEquipment2023-03-3113214362core:AfterOneYear2023-03-3113214362core:WithinOneYear2023-03-3113214362core:ListedExchangeTraded2023-03-3113214362core:UnlistedNon-exchangeTraded2023-03-3113214362core:ShareCapital2023-03-3113214362core:SharePremium2023-03-3113214362core:RevaluationReserve2023-03-3113214362core:OtherReservesSubtotal2023-03-3113214362core:RetainedEarningsAccumulatedLosses2023-03-3113214362core:NetGoodwill2022-04-0113214362core:IntangibleAssetsOtherThanGoodwill2022-04-0113214362core:LandBuildings2022-04-0113214362core:PlantMachinery2022-04-0113214362core:Vehicles2022-04-0113214362core:FurnitureFittings2022-04-0113214362core:OfficeEquipment2022-04-0113214362core:AfterOneYear2022-04-0113214362core:WithinOneYear2022-04-0113214362core:ListedExchangeTraded2022-04-0113214362core:UnlistedNon-exchangeTraded2022-04-0113214362core:ShareCapital2022-04-0113214362core:SharePremium2022-04-0113214362core:RevaluationReserve2022-04-0113214362core:OtherReservesSubtotal2022-04-0113214362core:RetainedEarningsAccumulatedLosses2022-04-0113214362core:AfterOneYear2023-04-012024-03-3113214362core:WithinOneYear2023-04-012024-03-3113214362core:Non-currentFinancialInstrumentscore:CostValuation2023-04-012024-03-3113214362core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-012024-03-3113214362core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-012024-03-3113214362core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-012024-03-3113214362core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-012024-03-3113214362core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-012024-03-3113214362core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3113214362core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3113214362core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3113214362core:Non-currentFinancialInstrumentscore:CostValuation2024-03-3113214362core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-03-3113214362core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-03-3113214362core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-03-3113214362core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-03-3113214362core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-03-3113214362core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-03-3113214362core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-03-3113214362core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-03-3113214362core:Non-currentFinancialInstrumentscore:CostValuation2023-03-3113214362core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-3113214362core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-3113214362core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-3113214362core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-3113214362core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-3113214362core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-3113214362core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-3113214362core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-3113214362bus:Director12023-04-012024-03-31

FELU TRADING & DEVELOPMENT LTD

Registered Number
13214362
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

FELU TRADING & DEVELOPMENT LTD
Company Information
for the year from 1 April 2023 to 31 March 2024

Director

LUDWIG, Felix Maximilian, Mr.

Registered Address

Blake House
18 Blake Street
York
YO1 8QG

Registered Number

13214362 (England and Wales)
FELU TRADING & DEVELOPMENT LTD
Statement of Financial Position
31 March 2024

Notes

2024

2023

£

£

£

£

Current assets
Stocks343,81744,407
Debtors43,332742
Cash at bank and on hand4,8554,822
52,00449,971
Creditors amounts falling due within one year5(92,111)(97,185)
Net current assets (liabilities)(40,107)(47,214)
Total assets less current liabilities(40,107)(47,214)
Net assets(40,107)(47,214)
Capital and reserves
Called up share capital100100
Profit and loss account(40,207)(47,314)
Shareholders' funds(40,107)(47,214)
The financial statements were approved and authorised for issue by the Director on 16 October 2024, and are signed on its behalf by:
LUDWIG, Felix Maximilian, Mr.
Director
Registered Company No. 13214362
FELU TRADING & DEVELOPMENT LTD
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Going concern
The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.
Turnover policy
Turnover is measured at the invoiced value of product prices, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Revenue from sale of goods
The revenue shown in the profit and loss account represents income receivable from the sale of sports goods and toys.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year11
3.Stocks

2024

2023

££
Finished goods43,81744,407
Total43,81744,407
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables3,301612
Other debtors31130
Total3,332742
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables77,15882,607
Taxation and social security1,6351,259
Other creditors10,48410,218
Accrued liabilities and deferred income2,8343,101
Total92,11197,185
6.Related party transactions
During the period, the directors loaned the company £9,044 (2023: £8,732). This amount is interest free and repayable on demand.