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Company Registration No. 09998606 (England and Wales)
SHM Traders Ltd Unaudited accounts for the year ended 29 February 2024
SHM Traders Ltd Unaudited accounts Contents
Page
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SHM Traders Ltd Company Information for the year ended 29 February 2024
Director
Salma Noreen
Company Number
09998606 (England and Wales)
Registered Office
THAMES HOUSE 3 WELLINGTON STREET LONDON SE18 6NY ENGLAND
Accountants
SAAP & Associates Limited Thames House 3 Wellington Street Woolwich London SE18 6NY
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SHM Traders Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,719 
3,399 
Current assets
Inventories
100,500 
69,550 
Cash at bank and in hand
30,427 
21,379 
130,927 
90,929 
Creditors: amounts falling due within one year
(94,334)
(44,542)
Net current assets
36,593 
46,387 
Total assets less current liabilities
39,312 
49,786 
Creditors: amounts falling due after more than one year
(26,828)
(34,228)
Net assets
12,484 
15,558 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
12,384 
15,458 
Shareholders' funds
12,484 
15,558 
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 November 2024 and were signed on its behalf by
Salma Noreen Director Company Registration No. 09998606
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SHM Traders Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
SHM Traders Ltd is a private company, limited by shares, registered in England and Wales, registration number 09998606. The registered office is THAMES HOUSE, 3 WELLINGTON STREET, LONDON, SE18 6NY, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 March 2023
9,072 
At 29 February 2024
9,072 
Depreciation
At 1 March 2023
5,673 
Charge for the year
680 
At 29 February 2024
6,353 
Net book value
At 29 February 2024
2,719 
At 28 February 2023
3,399 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
50,406 
27,688 
VAT
1,610 
12,899 
Trade creditors
32,067 
- 
Taxes and social security
- 
136 
Other creditors
4,771 
3,819 
Loans from directors
5,480 
- 
94,334 
44,542 
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SHM Traders Ltd Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
26,828 
34,228 
7
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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