TRADE BROKERS LIMITED

Company Registration Number:
11873074 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

TRADE BROKERS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

TRADE BROKERS LIMITED

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Directors

The director shown below has held office during the period of
1 April 2023 to 1 March 2024

Natalie King


The director shown below has held office during the period of
4 August 2023 to 31 March 2024

Stuart John Wilson


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
31 August 2024

And signed on behalf of the board by:
Name: Stuart John Wilson
Status: Director

TRADE BROKERS LIMITED

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 4,089,364 3,894,632
Cost of sales: ( 2,753,445 ) ( 2,647,543 )
Gross profit(or loss): 1,335,919 1,247,089
Distribution costs: ( 108,213 ) ( 103,282 )
Administrative expenses: ( 318,029 ) ( 311,921 )
Operating profit(or loss): 909,677 831,886
Profit(or loss) before tax: 909,677 831,886
Tax: ( 172,839 ) ( 153,832 )
Profit(or loss) for the financial year: 736,838 678,054

TRADE BROKERS LIMITED

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,473,181 1,071,340
Total fixed assets: 1,473,181 1,071,340
Current assets
Stocks: 4 403,567 283,937
Debtors: 5 430,683 352,723
Cash at bank and in hand: 189,245 112,672
Total current assets: 1,023,495 749,332
Creditors: amounts falling due within one year: 6 ( 131,998 ) ( 192,832 )
Net current assets (liabilities): 891,497 556,500
Total assets less current liabilities: 2,364,678 1,627,840
Total net assets (liabilities): 2,364,678 1,627,840
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 2,364,677 1,627,839
Total Shareholders' funds: 2,364,678 1,627,840

The notes form part of these financial statements

TRADE BROKERS LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 31 August 2024
and signed on behalf of the board by:

Name: Stuart John Wilson
Status: Director

The notes form part of these financial statements

TRADE BROKERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TRADE BROKERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 17 14

TRADE BROKERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 720,608 72,000 88,068 112,650 256,284 1,249,610
Additions 310,000 31,565 57,222 28,103 31,630 458,520
Disposals
Revaluations
Transfers
At 31 March 2024 1,030,608 103,565 145,290 140,753 287,914 1,708,130
Depreciation
At 1 April 2023 11,171 27,000 46,058 94,041 178,270
Charge for year 5,768 7,286 8,394 35,231 56,679
On disposals
Other adjustments
At 31 March 2024 16,939 34,286 54,452 129,272 234,949
Net book value
At 31 March 2024 1,030,608 86,626 111,004 86,301 158,642 1,473,181
At 31 March 2023 720,608 60,829 61,068 66,592 162,243 1,071,340

TRADE BROKERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Stocks

2024 2023
£ £
Stocks 403,567 283,937
Total 403,567 283,937

TRADE BROKERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors

2024 2023
£ £
Trade debtors 430,683 352,723
Total 430,683 352,723

TRADE BROKERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 28,713 39,000
Taxation and social security 103,285 153,832
Total 131,998 192,832