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Company Registration No. 14023171 (England and Wales)
Abltrade International Ltd Unaudited accounts for the year ended 30 April 2024
Abltrade International Ltd Unaudited accounts Contents
Page
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Abltrade International Ltd Company Information for the year ended 30 April 2024
Director
Vladislav BOBROV
Company Number
14023171 (England and Wales)
Registered Office
175 Darkes Lane Brosnan House, Suite 2b Potters Bar EN6 1BW United Kingdom
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Abltrade International Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
2,612,280 
3,665,944 
Debtors
826,425 
1,093,432 
Cash at bank and in hand
648,439 
207,964 
4,087,144 
4,967,340 
Creditors: amounts falling due within one year
(2,421,822)
(3,822,135)
Net current assets
1,665,322 
1,145,205 
Total assets less current liabilities
1,665,322 
1,145,205 
Creditors: amounts falling due after more than one year
(1,642,276)
(1,135,159)
Net assets
23,046 
10,046 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
23,045 
10,045 
Shareholders' funds
23,046 
10,046 
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 director acknowledges his 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 and authorised for issue on 31 January 2025 and were signed on its behalf by
Vladislav BOBROV Director Company Registration No. 14023171
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Abltrade International Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Abltrade International Ltd is a private company, limited by shares, registered in England and Wales, registration number 14023171. The registered office is 175 Darkes Lane, Brosnan House, Suite 2b, Potters Bar, EN6 1BW, 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.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
63,967 
1,093,432 
Accrued income and prepayments
762,458 
- 
826,425 
1,093,432 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
2,317,027 
3,819,779 
Taxes and social security
5,406 
2,356 
Accrued preference dividends
99,389 
- 
2,421,822 
3,822,135 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
1,642,276 
1,135,159 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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