2023-06-01 NI669584 2024-05-31 NI669584 2023-06-01 2024-05-31 NI669584 2023-05-31 NI669584 2022-06-01 2023-05-31 NI669584 uk-core:WithinOneYear 2023-05-31 NI669584 uk-core:WithinOneYear 2024-05-31 NI669584 uk-core:ShareCapital 2024-05-31 NI669584 uk-core:ShareCapital 2023-05-31 NI669584 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 NI669584 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 NI669584 uk-bus:Director1 2023-06-01 2024-05-31 NI669584 uk-core:FurnitureFittingsToolsEquipment 2023-05-31 NI669584 uk-core:PlantMachinery 2023-05-31 NI669584 uk-core:FurnitureFittingsToolsEquipment 2023-06-01 2024-05-31 NI669584 uk-core:PlantMachinery 2024-05-31 NI669584 uk-core:FurnitureFittingsToolsEquipment 2024-05-31 NI669584 uk-core:PlantMachinery 2023-06-01 2024-05-31 NI669584 uk-core:WithinOneYear 2024-05-31 NI669584 uk-core:WithinOneYear 2023-05-31 iso4217:GBP xbrli:pure NI669584 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 NI669584 uk-bus:FRS102 2023-06-01 2024-05-31 NI669584 uk-bus:FilletedAccounts 2023-06-01 2024-05-31 NI669584 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31
Trade and Export Limited
Registered Number:NI669584
For the year ended 31 May 2024
Northern Ireland
Unaudited Financial Statements
2
For the year ended 31 May 2024
Trade and Export Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
NI669584
As at 31 May 2024
Trade and Export Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
28,127
21,590
2
28,127
21,590
Current assets
Inventories
670
700
3
Trade and other receivables
490
-
4
2,512
Cash and cash equivalents
456
1,156
3,672
Trade and other payables: amounts falling due within one
year
(27,539)
(41,000)
5
(23,867)
(39,844)
Net current liabilities
Total assets less current liabilities
(11,717)
(2,277)
(11,717)
Net liabilities
(2,277)
Capital and reserves
Called up share capital
2
2
Retained earnings
(11,719)
(2,279)
(11,717)
(2,277)
Shareholders' funds
For the year ended 31 May 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 of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs Teresa McArdle Director
These financial statements were approved and authorised for issue by the Board on 21 February 2025 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 May 2024
Trade and Export Limited
Notes to the Financial Statements
Statutory Information
Trade and Export Limited is a private limited company, limited by shares, domiciled in Northern Ireland, registration
number NI669584.
Registered address:
4 Rockstown Road
Mowhan
Armagh
BT60 2HF
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2. Property, plant and equipment
Total
Furniture and
Fittings
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 June 2023
25,400
25,400
-
11,500
-
11,500
Additions
At 31 May 2024
11,500
25,400
36,900
Provision for depreciation and impairment
At 01 June 2023
3,810
3,810
-
Charge for year
4,963
3,238
1,725
At 31 May 2024
8,773
7,048
1,725
At 31 May 2024
Net book value
9,775
18,352
28,127
At 31 May 2023
-
21,590
21,590
2 of 3
5
For the year ended 31 May 2024
Trade and Export Limited
Notes to the Financial Statements Continued
3. Inventories
2023
2024
£
£
Stocks
700
670
4. Trade and other receivables
2023
2024
£
£
Trade debtors
-
490
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
39,150
25,480
Taxation and social security
36
244
Other creditors
1,814
1,815
41,000
27,539
6. Average number of persons employed
During the year the average number of employees was 0
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