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REGISTERED NUMBER: 13535728 (England and Wales)















Unaudited Financial Statements

for the Year Ended

31 December 2024

for

Trades 360 NW Ltd

Trades 360 NW Ltd (Registered number: 13535728)

Contents of the Financial Statements
for the Year Ended 31 December 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Trades 360 NW Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Miss E L Lanyon
D Pardoe
Mrs F R E Poole





SECRETARY:





REGISTERED OFFICE: The Studio, Hatherlow House
Hatherlow
Romiley
Stockport
Cheshire
SK6 3DY





REGISTERED NUMBER: 13535728 (England and Wales)





ACCOUNTANTS: TF & Partners Ltd t/a Hatherlows
Chartered Accountants
The Studio, Hatherlow House
Hatherlow
Romiley
Stockport
Cheshire
SK6 3DY

Trades 360 NW Ltd (Registered number: 13535728)

Statement of Financial Position
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 3,954 3,952

CURRENT ASSETS
Debtors 6 519,224 396,257
Cash at bank 60,139 78,218
579,363 474,475
CREDITORS
Amounts falling due within one year 7 525,738 465,265
NET CURRENT ASSETS 53,625 9,210
TOTAL ASSETS LESS CURRENT
LIABILITIES

57,579

13,162

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 57,479 13,062
SHAREHOLDERS' FUNDS 57,579 13,162

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Trades 360 NW Ltd (Registered number: 13535728)

Statement of Financial Position - continued
31 December 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 February 2025 and were signed on its behalf by:




Miss E L Lanyon - Director



Mrs F R E Poole - Director


Trades 360 NW Ltd (Registered number: 13535728)

Notes to the Financial Statements
for the Year Ended 31 December 2024


1. STATUTORY INFORMATION

Trades 360 NW Ltd 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.
Computer equipment - 33% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Trades 360 NW Ltd (Registered number: 13535728)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


3. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2024 5,899
Additions 2,046
At 31 December 2024 7,945
DEPRECIATION
At 1 January 2024 1,947
Charge for year 2,044
At 31 December 2024 3,991
NET BOOK VALUE
At 31 December 2024 3,954
At 31 December 2023 3,952

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 494,685 373,657
Other debtors 24,539 22,600
519,224 396,257

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 27,198 128,580
Taxation and social security 31,246 17,545
Other creditors 467,294 319,140
525,738 465,265

Trades 360 NW Ltd (Registered number: 13535728)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Other creditors 404,491 316,944

The company's invoice financing facility is secured by a fixed and floating charge over the assets of the company.

9. POST BALANCE SHEET EVENTS

The financial statements were authorised for issue by the directors on 21 February 2025.