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REGISTERED NUMBER: 12350367 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

TRADERON LIMITED

TRADERON LIMITED (REGISTERED NUMBER: 12350367)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TRADERON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTOR: T J Archard





REGISTERED OFFICE: Pavilion View
19 New Road
Brighton
East Sussex
BN1 1EY





REGISTERED NUMBER: 12350367 (England and Wales)





ACCOUNTANTS: Hartley Fowler LLP
Chartered Accountants
Pavilion View
19 New Road
Brighton
East Sussex
BN1 1EY

TRADERON LIMITED (REGISTERED NUMBER: 12350367)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 140,938 146,394
Cash at bank 44 240
140,982 146,634
CREDITORS
Amounts falling due within one year 5 65,484 67,121
NET CURRENT ASSETS 75,498 79,513
TOTAL ASSETS LESS CURRENT
LIABILITIES

75,498

79,513

CREDITORS
Amounts falling due after more than one
year

6

21,054

16,318
NET ASSETS 54,444 63,195

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 54,344 63,095
SHAREHOLDERS' FUNDS 54,444 63,195

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

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 22 November 2024 and were signed by:





T J Archard - Director


TRADERON LIMITED (REGISTERED NUMBER: 12350367)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024


1. STATUTORY INFORMATION

Traderon Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The company ceased to trade on July 26th 2022, in accordance with s38 of Financial Reporting Standard 102 (FRS102) the company is no longer considered a going concern, accordingly the financial statements have been prepared on a basis other than going concern. The effect of this change in basis of preparation is the reclassification of fixed assets acquired in the year to current assets. Long term liabilities continue to be disclosed as due in more than one year as the contractual terms of the agreement do not state that early repayment is required in the event of the company ceasing to trade.

Turnover
Revenue is measured at fair value of the consideration received net of VAT in respect of restaurant sales and services and are recognised at the point of sale.

Taxation
Taxation for the year 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivables or payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

TRADERON LIMITED (REGISTERED NUMBER: 12350367)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


2. ACCOUNTING POLICIES - continued

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 3 ).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 345
Amounts owed by connected companies 610 660
Other debtors 680 680
Directors' current accounts 113,386 118,447
Tax 25,871 25,871
VAT 391 391
140,938 146,394

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 7) 3,221 10,000
Trade creditors 4,188 325
Amounts owed to connected companies 1,235 52
Taxation and social security 52,744 54,244
Other creditors 4,096 2,500
65,484 67,121

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans (see note 7) 21,054 16,318

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 5,579 -

7. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 3,221 10,000

TRADERON LIMITED (REGISTERED NUMBER: 12350367)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


7. LOANS - continued
2024 2023
£    £   
Amounts falling due between one and two years:
Bank loans - 1-2 years 3,869 10,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 11,606 6,318

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 5,579 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£    £   
T J Archard
Balance outstanding at start of year 118,447 141,758
Amounts advanced - 27,112
Amounts repaid (5,061 ) (50,423 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 113,386 118,447