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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
Page
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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
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The Posh Trading Company Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
1,167 
3,172 
Tangible assets
- 
51 
1,167 
3,223 
Current assets
Inventories
167,938 
317,280 
Debtors
124,286 
68,608 
Cash at bank and in hand
(20,566)
(20,323)
271,658 
365,565 
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)
Capital and reserves
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
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The Posh Trading Company Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
20% SL
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Patents - 10% SL
4
Intangible fixed assets
Other 
£ 
Cost
At 1 May 2023
20,046 
At 30 April 2024
20,046 
Amortisation
At 1 May 2023
16,874 
Charge for the year
2,005 
At 30 April 2024
18,879 
Net book value
At 30 April 2024
1,167 
At 30 April 2023
3,172 
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The Posh Trading Company Ltd Notes to the Accounts for the year ended 30 April 2024
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 May 2023
9,842 
At 30 April 2024
9,842 
Depreciation
At 1 May 2023
9,791 
Charge for the year
51 
At 30 April 2024
9,842 
Net book value
At 30 April 2024
- 
At 30 April 2023
51 
6
Debtors
2024 
2023 
£ 
£ 
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 
124,286 
68,608 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
56,359 
67,897 
VAT
(2,792)
- 
Trade creditors
10,883 
16,704 
Taxes and social security
9,076 
10,575 
Other creditors
132,864 
413,090 
Accruals
2,130 
1,850 
208,520 
510,116 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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