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REGISTERED NUMBER: 04352941 (England and Wales)













REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

RUGBY TRADING INTERNATIONAL LIMITED

RUGBY TRADING INTERNATIONAL LIMITED (REGISTERED NUMBER: 04352941)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


RUGBY TRADING INTERNATIONAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: S Aslam
M S Aslam





REGISTERED OFFICE: 88 Grosvenor Road
Rugby
Warwickshire
CV21 3LE





REGISTERED NUMBER: 04352941 (England and Wales)





ACCOUNTANTS: AEH Accountancy Ltd
Church Farm
Main Street
Willey
Warwickshire
CV23 0SH

RUGBY TRADING INTERNATIONAL LIMITED (REGISTERED NUMBER: 04352941)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 30 APRIL 2024

The directors present their report with the financial statements of the company for the year ended 30 April 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of import and export of military goods for retail.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 May 2023 to the date of this report.

S Aslam
M S Aslam

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





M S Aslam - Director


28 January 2025

RUGBY TRADING INTERNATIONAL LIMITED (REGISTERED NUMBER: 04352941)

INCOME STATEMENT
FOR THE YEAR ENDED 30 APRIL 2024

2024 2023
Notes £    £   

TURNOVER 796,917 935,748

Cost of sales 500,967 692,814
GROSS PROFIT 295,950 242,934

Administrative expenses 278,381 227,445
OPERATING PROFIT 4 17,569 15,489

Interest receivable and similar income - 2
17,569 15,491

Interest payable and similar expenses 90 38
PROFIT BEFORE TAXATION 17,479 15,453

Tax on profit 5 3,255 2,936
PROFIT FOR THE FINANCIAL YEAR 14,224 12,517

RUGBY TRADING INTERNATIONAL LIMITED (REGISTERED NUMBER: 04352941)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 7 54,714 44,535

CURRENT ASSETS
Stocks 145,000 145,000
Debtors 8 27,929 22,609
Cash at bank 27,284 31,823
200,213 199,432
CREDITORS
Amounts falling due within one year 9 86,579 83,777
NET CURRENT ASSETS 113,634 115,655
TOTAL ASSETS LESS CURRENT
LIABILITIES

168,348

160,190

PROVISIONS FOR LIABILITIES 10 10,396 8,462
NET ASSETS 157,952 151,728

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 12 157,852 151,628
SHAREHOLDERS' FUNDS 157,952 151,728

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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

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:




M S Aslam - Director


RUGBY TRADING INTERNATIONAL LIMITED (REGISTERED NUMBER: 04352941)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Rugby Trading International 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Financial assets
Receivables are stated at amortised cost using the effective interest rate method. A provision for impairment of receivables is established where there is objective evidence that the company will not be able to collect all amounts due according to the original terms of payment. Receivables are considered for impairment on a case by case basis and any provision is based on the directors' assessment of the amount recoverable on each receivable.

Financial liabilities
The company's financial liabilities include trade and other payables, which are measured at amortised cost using the effective interest rate method. Financial liabilities are recognised when the company becomes a party to the contractual agreements of the instrument. Interest-related charges are recognised as an expense in the period in which they are incurred.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less, and bank overdrafts.

Taxation
Taxation for the year 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.


RUGBY TRADING INTERNATIONAL LIMITED (REGISTERED NUMBER: 04352941)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

2. ACCOUNTING POLICIES - continued
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 year 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.

Leases and hire purchase
Payments under operating leases are charged to the profit and loss account in the year in which they are incurred. Tangible fixed assets acquired under finance leases and hire purchase contracts are capitalised and depreciated in the same manner as other tangible fixed assets over their estimated useful economic lives or, if shorter the lease term. The related obligation, net of future charges, are included in creditors falling due within and after more than one year. The interest element of repayments of finance leases and hire purchase contracts is charged to the profit and loss account over the duration of the lease and represents a constant proportion of the capital balance outstanding, so as to produce a constant periodic rate of charge on the net obligations outstanding in each period.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 7 ) .

4. OPERATING PROFIT

The operating profit is stated after charging:

2024 2023
£    £   
Depreciation - owned assets 12,251 7,325

5. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
2024 2023
£    £   
Current tax:
UK corporation tax 1,321 (1,609 )

Deferred tax 1,934 4,545
Tax on profit 3,255 2,936

6. DIVIDENDS
2024 2023
£    £   
Ordinary shares of 1 each
Interim 8,000 4,000

RUGBY TRADING INTERNATIONAL LIMITED (REGISTERED NUMBER: 04352941)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

7. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2023 11,865 947 83,359 69,737 165,908
Additions 9,350 - 13,080 - 22,430
At 30 April 2024 21,215 947 96,439 69,737 188,338
DEPRECIATION
At 1 May 2023 5,067 523 52,318 63,465 121,373
Charge for year 2,422 64 8,824 941 12,251
At 30 April 2024 7,489 587 61,142 64,406 133,624
NET BOOK VALUE
At 30 April 2024 13,726 360 35,297 5,331 54,714
At 30 April 2023 6,798 424 31,041 6,272 44,535

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 301 -
Other debtors - 500
Tax - 1,609
VAT 7,128 -
Prepayments 20,500 20,500
27,929 22,609

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 1,589 4,314
Trade creditors 52,209 42,001
Tax 1,387 -
Social security and other taxes 3,886 729
VAT - 7,147
Other creditors 17,820 19,664
Directors' current accounts 5,236 5,235
Accrued expenses 4,452 4,687
86,579 83,777

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 10,396 8,462

RUGBY TRADING INTERNATIONAL LIMITED (REGISTERED NUMBER: 04352941)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 May 2023 8,462
Provided during year 1,934
Balance at 30 April 2024 10,396

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100

12. RESERVES
Retained
earnings
£   

At 1 May 2023 151,628
Profit for the year 14,224
Dividends (8,000 )
At 30 April 2024 157,852

13. RELATED PARTY DISCLOSURES

During the year, total dividends of £8,000 were paid to the directors .

As at the year ended 30th April 2024 there was an amount owed to the directors of £5,236 (2023 £5,235). This amount is included within creditors on the balance sheet.

14. ULTIMATE CONTROLLING PARTY

The controlling party is M S Aslam.

The ultimate controlling party is S Aslam.