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REGISTERED NUMBER: 09436126 (England and Wales)















B2BTRADECARD LIMITED

UNAUDITED CESSATION FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2023 TO 31 JULY 2024






B2BTRADECARD LIMITED (REGISTERED NUMBER: 09436126)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 31 JULY 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


B2BTRADECARD LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 APRIL 2023 TO 31 JULY 2024







DIRECTOR: C Parsons





REGISTERED OFFICE: 5A Chorley Business & Technology Centre
Euxton Lane
Euxton
Chorley
PR7 6TE





REGISTERED NUMBER: 09436126 (England and Wales)





ACCOUNTANTS: DJH Bury Limited
The Exchange
5 Bank Street
Bury
BL9 0DN

B2BTRADECARD LIMITED (REGISTERED NUMBER: 09436126)

STATEMENT OF FINANCIAL POSITION
31 JULY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 - 181,814

CURRENT ASSETS
Debtors 5 92,100 3,168,004
Cash at bank 72,145 2,180,973
164,245 5,348,977
CREDITORS
Amounts falling due within one year 6 (141,575 ) (2,672,966 )
NET CURRENT ASSETS 22,670 2,676,011
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,670

2,857,825

PROVISIONS FOR LIABILITIES - (45,453 )
NET ASSETS 22,670 2,812,372

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 22,668 2,812,370
22,670 2,812,372

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

B2BTRADECARD LIMITED (REGISTERED NUMBER: 09436126)

STATEMENT OF FINANCIAL POSITION - continued
31 JULY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 November 2024 and were signed by:





C Parsons - Director


B2BTRADECARD LIMITED (REGISTERED NUMBER: 09436126)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 31 JULY 2024


1. STATUTORY INFORMATION

B2BTradecard Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 09436126 and its registered office address is 5A Chorley Business & Technology Centre, Euxton Lane, Euxton, Chorley, PR7 6TE.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

After due consideration, the director is no longer satisfied that the company is a going concern. The financial statements are correctly prepared on this basis.

Significant judgements and estimates
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on management's best knowledge of the amount, events or actions, actual results ultimately may differ from those estimates.

The estimates are continually evaluated. Revisions to accounting estimates are recognised in the period in which the estimate is revised.

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are outlined below:-

i) Making judgement based on historical experience on the level of provision required for bad debts. Further information received after the statement of financial position date may impact on the level of provision required.

Revenue
Revenue comprises income from the sale of tradecard points and marketing services, net of VAT and discounts afforded to customers.

Sales of tradecard points are recognised at the point the customer is contractually committed to purchase.

Sales from marketing services are recognised as those services are provided to customers.

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

The residual values, estimated useful lives and depreciation method of property, plant and equipment are reviewed, and adjusted as appropriate, at each statement of financial position date. The effects of any revision are recognised in the income statement when the change arises.

B2BTRADECARD LIMITED (REGISTERED NUMBER: 09436126)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 31 JULY 2024


2. ACCOUNTING POLICIES - continued

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Basic financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the income statement.

Basic financial liabilities are initially measured at transaction price and subsequently measured at amortised cost.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2023 - 13 ) .

B2BTRADECARD LIMITED (REGISTERED NUMBER: 09436126)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 31 JULY 2024


4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 April 2023 219,091
Additions 5,412
Disposals (224,503 )
At 31 July 2024 -
DEPRECIATION
At 1 April 2023 37,277
Charge for period 66,987
Eliminated on disposal (104,264 )
At 31 July 2024 -
NET BOOK VALUE
At 31 July 2024 -
At 31 March 2023 181,814

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 1,115,748
Other debtors 92,100 2,052,256
92,100 3,168,004

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 215,368
Taxation and social security 141,575 1,629,382
Other creditors - 828,216
141,575 2,672,966