CIT TRADERS LTD

Company Registration Number:
13392160 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

CIT TRADERS LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

CIT TRADERS LTD

Balance sheet

As at 31 May 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 961,072 745,896
Total fixed assets: 961,072 745,896
Current assets
Stocks: 877,261 659,995
Debtors:   1,176,743 965,385
Cash at bank and in hand: 696,742 464,182
Total current assets: 2,750,746 2,089,562
Creditors: amounts falling due within one year:   (283,176) (245,815)
Net current assets (liabilities): 2,467,570 1,843,747
Total assets less current liabilities: 3,428,642 2,589,643
Creditors: amounts falling due after more than one year:   (99,108) (104,589)
Total net assets (liabilities): 3,329,534 2,485,054
Capital and reserves
Called up share capital: 2,000 2,000
Profit and loss account: 3,327,534 2,483,054
Shareholders funds: 3,329,534 2,485,054

The notes form part of these financial statements

CIT TRADERS LTD

Balance sheet statements

For the year ending 31 May 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 January 2025
and signed on behalf of the board by:

Name: Francesco La Rocca
Status: Director

The notes form part of these financial statements

CIT TRADERS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

CIT TRADERS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

2024 2023
Average number of employees during the period 14 10

CIT TRADERS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible Assets

Total
Cost £
At 01 June 2023 886,003
Additions 276,632
At 31 May 2024 1,162,635
Depreciation
At 01 June 2023 140,107
Charge for year 61,456
At 31 May 2024 201,563
Net book value
At 31 May 2024 961,072
At 31 May 2023 745,896