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REGISTERED NUMBER: 11605136 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 October 2024

for

WASTE TRADE LTD

WASTE TRADE LTD (REGISTERED NUMBER: 11605136)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


WASTE TRADE LTD

Company Information
for the Year Ended 31 October 2024







DIRECTOR: L J Lovett





REGISTERED OFFICE: Pentre Dafis Farm
Dryslwyn
Carmarthen
Carmarthenshire
SA32 8RP





REGISTERED NUMBER: 11605136 (England and Wales)





ACCOUNTANTS: Ashmole & Co
3 Market Street
Llandeilo
Carmarthenshire
SA19 6AH

WASTE TRADE LTD (REGISTERED NUMBER: 11605136)

Abridged Balance Sheet
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,059 7,044

CURRENT ASSETS
Debtors 12,988 5,226
Cash at bank and in hand 29,221 32,525
42,209 37,751
CREDITORS
Amounts falling due within one year 28,475 24,075
NET CURRENT ASSETS 13,734 13,676
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,793

20,720

PROVISIONS FOR LIABILITIES 581 1,338
NET ASSETS 16,212 19,382

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 16,211 19,381
16,212 19,382

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

WASTE TRADE LTD (REGISTERED NUMBER: 11605136)

Abridged Balance Sheet - continued
31 October 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 29 November 2024 and were signed by:





L J Lovett - Director


WASTE TRADE LTD (REGISTERED NUMBER: 11605136)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Waste Trade LTD 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 20% on cost
Office Equipment - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 year was 1 (2023 - 1 ) .

WASTE TRADE LTD (REGISTERED NUMBER: 11605136)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2023
and 31 October 2024 48,680
DEPRECIATION
At 1 November 2023 41,636
Charge for year 3,985
At 31 October 2024 45,621
NET BOOK VALUE
At 31 October 2024 3,059
At 31 October 2023 7,044