Company No:
Contents
DIRECTORS | Mr M J Evison |
Mr M J Leathley |
REGISTERED OFFICE | Carlyle House |
78 Chorley New Road | |
Bolton | |
BL1 4BY | |
United Kingdom |
COMPANY NUMBER | 13692228 (England and Wales) |
CHARTERED ACCOUNTANTS | Barlow Andrews LLP |
Carlyle House | |
78 Chorley New Road | |
Bolton |
Note | 29.02.2024 | 28.02.2023 | ||
£ | £ | |||
Current assets | ||||
Stocks | 3 |
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Debtors | 4 |
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Cash at bank and in hand |
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896,167 | 1,972 | |||
Creditors: amounts falling due within one year | 5 | (
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Net current assets | 132,779 | 895 | ||
Total assets less current liabilities | 132,779 | 895 | ||
Net assets |
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Capital and reserves | ||||
Called-up share capital |
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Profit and loss account |
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Total shareholder's funds |
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Directors' responsibilities:
The financial statements of Tradescape Wholesale Limited (registered number:
Mr M J Leathley
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.
Tradescape Wholesale Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Carlyle House, 78 Chorley New Road, Bolton, BL1 4BY, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.
Year ended 29.02.2024 |
Period from 20.10.2021 to 28.02.2023 |
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Number | Number | ||
Monthly average number of persons employed by the Company during the year, including directors |
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29.02.2024 | 28.02.2023 | ||
£ | £ | ||
Stocks |
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29.02.2024 | 28.02.2023 | ||
£ | £ | ||
Trade debtors |
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Other debtors |
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29.02.2024 | 28.02.2023 | ||
£ | £ | ||
Trade creditors |
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Taxation and social security |
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Other creditors |
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Other related party transactions
As at the balance sheet date the company was owed the following amount from a related company. The amount is disclosed as Other debtors :
Tradescape Holdings Limited £125,100 (2023: £100).
Also as at the year end the company owed the following amounts to related companies. The amounts are disclosed as Other creditors :
Surfaces Group Limited £229,472 (2023: £138) &
Tradescape Limited £235,998 (2023: £753).