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REGISTERED NUMBER: 11046825 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 DECEMBER 2022 TO 31 DECEMBER 2023

FOR

DCE TRADING LIMITED

DCE TRADING LIMITED (REGISTERED NUMBER: 11046825)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 1 December 2022 to 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DCE TRADING LIMITED

COMPANY INFORMATION
for the Period 1 December 2022 to 31 December 2023







DIRECTORS: Mrs D M Higgins
C P Higgins
E W D Duncan





REGISTERED OFFICE: Wynn Cottage Farm
Brind
Howden
Goole
East Yorkshire
DN14 7LA





REGISTERED NUMBER: 11046825 (England and Wales)





ACCOUNTANTS: Sowerby
Chartered Accountants
Beckside Court
Annie Reed Road
Beverley
East Yorkshire
HU17 0LF

DCE TRADING LIMITED (REGISTERED NUMBER: 11046825)

BALANCE SHEET
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 34,974 25,754

CURRENT ASSETS
Debtors 5 675,934 1,233,705
Cash at bank 1,256,199 1,019,243
1,932,133 2,252,948
CREDITORS
Amounts falling due within one year 6 1,515,928 1,930,258
NET CURRENT ASSETS 416,205 322,690
TOTAL ASSETS LESS CURRENT
LIABILITIES

451,179

348,444

PROVISIONS FOR LIABILITIES - 157
NET ASSETS 451,179 348,287

CAPITAL AND RESERVES
Called up share capital 150 150
Retained earnings 451,029 348,137
SHAREHOLDERS' FUNDS 451,179 348,287

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

DCE TRADING LIMITED (REGISTERED NUMBER: 11046825)

BALANCE SHEET - continued
31 December 2023


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 Board of Directors and authorised for issue on 30 September 2024 and were signed on its behalf by:





C P Higgins - Director


DCE TRADING LIMITED (REGISTERED NUMBER: 11046825)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 1 December 2022 to 31 December 2023


1. STATUTORY INFORMATION

DCE Trading Limited is a private company, limited by shares, incorporated and domiciled in England. The company's registered number is 11046825 and its registered office and principal place of business is Wynn Cottage Farm, Brind, Howden, Goole, DN14 7LA..

The financial statements are presented in Sterling, which is the functional currency of the company and cover the individual entity only.

The principal activity of the company is that of commodity trading.

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.

Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

The directors, having taken into the factors discussed above as well as the uncertainties of the current economic environment, have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Turnover
Turnover is the amount derived from ordinary activities, measured at the fair value of the consideration received or receivable. Turnover excludes value added tax and trade discounts.

Turnover from the sale of goods is recognised at the point of sale.

Turnover from services is recognised on completion of service, or when those services span the year end date, by reference to the stage of completion at the balance sheet date.

All sales are recognised at the point which the company has fulfilled its contractual obligations and the risks and rewards attached to the product, have been transferred to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on 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 balance sheet date.


DCE TRADING LIMITED (REGISTERED NUMBER: 11046825)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 December 2022 to 31 December 2023


2. ACCOUNTING POLICIES - continued
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 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.

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.

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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022 35,429
Additions 39,500
Disposals (33,830 )
At 31 December 2023 41,099
DEPRECIATION
At 1 December 2022 9,675
Charge for period 8,261
Eliminated on disposal (11,811 )
At 31 December 2023 6,125
NET BOOK VALUE
At 31 December 2023 34,974
At 30 November 2022 25,754

DCE TRADING LIMITED (REGISTERED NUMBER: 11046825)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 December 2022 to 31 December 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 458,674 1,023,869
Other debtors 217,260 209,836
675,934 1,233,705

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,282,299 1,835,520
Taxation and social security 138,210 64,778
Other creditors 95,419 29,960
1,515,928 1,930,258