Company Registration No. 13787705 (England and Wales)
BEARS TRADING LTD
Unaudited accounts
for the year ended 31 December 2024
BEARS TRADING LTD
Unaudited accounts
Contents
BEARS TRADING LTD
Company Information
for the year ended 31 December 2024
Directors
Clare Morgan
Anna Morgan
Will Morgan
Company Number
13787705 (England and Wales)
Registered Office
1B TOTT YEW ROAD
EASTBOURNE
BN20 9QB
ENGLAND
Accountants
DSB Accounting Ltd
Canada House St Leonards Rd
20/20 Business Park
Maidstone
Kent
ME16 0LS
BEARS TRADING LTD
Statement of financial position
as at 31 December 2024
Inventories
150,894
33,267
Cash at bank and in hand
159,413
3,968
Creditors: amounts falling due within one year
(86,370)
(12,694)
Net current assets
266,728
25,032
Total assets less current liabilities
274,215
25,616
Creditors: amounts falling due after more than one year
(203,255)
(22,698)
Called up share capital
1
1
Profit and loss account
70,959
2,917
Shareholders' funds
70,960
2,918
For the year ending 31 December 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 6 March 2025 and were signed on its behalf by
Clare Morgan
Director
Company Registration No. 13787705
BEARS TRADING LTD
Notes to the Accounts
for the year ended 31 December 2024
BEARS TRADING LTD is a private company, limited by shares, registered in England and Wales, registration number 13787705. The registered office is 1B TOTT YEW ROAD, EASTBOURNE, BN20 9QB, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
4 years straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
-
865
865
At 31 December 2024
9,492
865
10,357
At 1 January 2024
-
281
281
Charge for the year
2,373
216
2,589
At 31 December 2024
2,373
497
2,870
At 31 December 2024
7,119
368
7,487
At 31 December 2023
-
584
584
Amounts falling due within one year
BEARS TRADING LTD
Notes to the Accounts
for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
38,767
11,794
Taxes and social security
19,956
-
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
93,020
22,698
8
Average number of employees
During the year the average number of employees was 4 (2023: 1).