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REGISTERED NUMBER: 07058227 (England and Wales)















TRADE FIT 4 U LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024






TRADE FIT 4 U LIMITED (REGISTERED NUMBER: 07058227)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TRADE FIT 4 U LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024







DIRECTORS: J Wisker
A Wisker
Mrs R A Wisker





REGISTERED OFFICE: 124 Maple leaf Business Park
Manston
Ramsgate
Kent
CT12 5GY





REGISTERED NUMBER: 07058227 (England and Wales)





ACCOUNTANTS: Spurling Cannon
Chartered Certified Accountants
424 Margate Road
Westwood
Ramsgate
Kent
CT12 6SJ

TRADE FIT 4 U LIMITED (REGISTERED NUMBER: 07058227)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 80,021 107,642
80,021 107,642

CURRENT ASSETS
Stocks 107,446 43,269
Debtors 6 685,558 731,851
Cash at bank 16,822 8
809,826 775,128
CREDITORS
Amounts falling due within one year 7 (658,525 ) (403,383 )
NET CURRENT ASSETS 151,301 371,745
TOTAL ASSETS LESS CURRENT
LIABILITIES

231,322

479,387

CREDITORS
Amounts falling due after more than one
year

8

(207,978

)

(311,662

)
NET ASSETS 23,344 167,725

CAPITAL AND RESERVES
Called up share capital 103 103
Retained earnings 23,241 167,622
SHAREHOLDERS' FUNDS 23,344 167,725

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

TRADE FIT 4 U LIMITED (REGISTERED NUMBER: 07058227)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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

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

The financial statements were approved by the Board of Directors and authorised for issue on 17 January 2025 and were signed on its behalf by:





A Wisker - Director


TRADE FIT 4 U LIMITED (REGISTERED NUMBER: 07058227)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Trade Fit 4 U Limited 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

TRADE FIT 4 U LIMITED (REGISTERED NUMBER: 07058227)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued

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 period was 8 (2023 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 30 September 2024 15,000
AMORTISATION
At 1 April 2023
and 30 September 2024 15,000
NET BOOK VALUE
At 30 September 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 61,722 138,985 9,638 210,345
Additions 9,600 - 2,294 11,894
At 30 September 2024 71,322 138,985 11,932 222,239
DEPRECIATION
At 1 April 2023 27,019 71,911 3,773 102,703
Charge for period 13,634 23,074 2,807 39,515
At 30 September 2024 40,653 94,985 6,580 142,218
NET BOOK VALUE
At 30 September 2024 30,669 44,000 5,352 80,021
At 31 March 2023 34,703 67,074 5,865 107,642

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 333,310 394,091
Other debtors 352,248 337,760
685,558 731,851

TRADE FIT 4 U LIMITED (REGISTERED NUMBER: 07058227)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 25,662
Hire purchase contracts 11,602 12,020
Trade creditors 225,053 198,946
Taxation and social security 28,423 51,016
Other creditors 393,447 115,739
658,525 403,383

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 5,544 23,681
Other creditors 202,434 287,981
207,978 311,662