Company Registration No. 08760295 (England and Wales)
The Posh Trading Company Ltd
Unaudited accounts
for the year ended 30 April 2024
The Posh Trading Company Ltd
Unaudited accounts
Contents
The Posh Trading Company Ltd
Company Information
for the year ended 30 April 2024
Directors
TURPIN, Carl Stephen
TURPIN, Sarah Catherine
Company Number
08760295 (England and Wales)
Registered Office
12 Soho Square
London
W1D 3QF
United Kingdom
Accountants
Fortuous
First Floor Left
33 Roebuck Road
Hainault Ilford
IG6 3TZ
The Posh Trading Company Ltd
Statement of financial position
as at 30 April 2024
Intangible assets
1,167
3,172
Inventories
167,938
317,280
Cash at bank and in hand
(20,566)
(20,323)
Creditors: amounts falling due within one year
(208,520)
(510,116)
Net current assets/(liabilities)
63,138
(144,551)
Net assets/(liabilities)
64,305
(141,328)
Called up share capital
1,000,200
800,200
Profit and loss account
(935,895)
(941,528)
Shareholders' funds
64,305
(141,328)
For the year ending 30 April 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 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 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 of Directors and authorised for issue on 28 January 2025 and were signed on its behalf by
TURPIN, Carl Stephen
Director
Company Registration No. 08760295
The Posh Trading Company Ltd
Notes to the Accounts
for the year ended 30 April 2024
The Posh Trading Company Ltd is a private company, limited by shares, registered in England and Wales, registration number 08760295. The registered office is 12 Soho Square, London, W1D 3QF, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Patents - 10% SL
4
Intangible fixed assets
Other
The Posh Trading Company Ltd
Notes to the Accounts
for the year ended 30 April 2024
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Tangible fixed assets
Plant & machinery
Amounts falling due after more than one year
Trade debtors
126,893
18,489
Accrued income and prepayments
119
119
Other debtors
(2,726)
50,000
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
56,359
67,897
Trade creditors
10,883
16,704
Taxes and social security
9,076
10,575
Other creditors
132,864
413,090
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Average number of employees
During the year the average number of employees was 2 (2023: 2).