Registered number
08923992
HTM TRADE LTD
Filleted Accounts
31 March 2024
HTM TRADE LTD
Registered number: 08923992
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 - 163
Current assets
Cash at bank and in hand 12,421 17,381
Creditors: amounts falling due within one year 4 (1,058) (1,057)
Net current assets 11,363 16,324
Total assets less current liabilities 11,363 16,487
Creditors: amounts falling due after more than one year 5 (14,450) (18,860)
Net liabilities (3,087) (2,373)
Capital and reserves
Called up share capital 2 2
Profit and loss account (3,089) (2,375)
Shareholder's funds (3,087) (2,373)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Hatem Letaief
Director
Approved by the board on 25 December 2024
HTM TRADE LTD
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment over 5 years
2 Employees 2024 2023
Number Number
Average number of persons employed by the company - 1
3 Tangible fixed assets
Fixtures, fittings, tools and equipment
£
Cost
At 1 April 2023 2,356
At 31 March 2024 2,356
Depreciation
At 1 April 2023 2,193
Charge for the year 163
At 31 March 2024 2,356
Net book value
At 31 March 2024 -
At 31 March 2023 163
4 Creditors: amounts falling due within one year 2024 2023
£ £
Other taxes and social security costs 194 194
Other creditors 864 863
1,058 1,057
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 14,450 18,860
6 Other information
HTM TRADE LTD is a private company limited by shares and incorporated in England. Its registered office is:
23 whitestone way
Croydon
CR0 4WF
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