Company Registration No. 14181830 (England and Wales)
TRADING ESSENTIALS LTD
Unaudited accounts
for the year ended 30 June 2024
TRADING ESSENTIALS LTD
Unaudited accounts
Contents
TRADING ESSENTIALS LTD
Company Information
for the year ended 30 June 2024
Director
Khas Mohammad Dadzadeh
Company Number
14181830 (England and Wales)
Registered Office
YAHYA ACCOUNTANCY 164
WEST HENDON BROADWAY
LONDON
NW9 7AA
ENGLAND
Accountants
Yahya & Co Accountants Ltd
T/A Yahya Accountancy
164 West Hendon Broadway
London
NW9 7AA
TRADING ESSENTIALS LTD
Statement of financial position
as at 30 June 2024
Intangible assets
12,000
15,000
Tangible assets
7,134
8,700
Cash at bank and in hand
9,368
6,894
Creditors: amounts falling due within one year
(65,278)
(71,090)
Net current assets
25,826
27,365
Total assets less current liabilities
44,960
51,065
Creditors: amounts falling due after more than one year
(39,945)
(38,716)
Called up share capital
100
100
Profit and loss account
4,915
12,249
Shareholders' funds
5,015
12,349
For the year ending 30 June 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 21 March 2025 and were signed on its behalf by
Khas Mohammad Dadzadeh
Director
Company Registration No. 14181830
TRADING ESSENTIALS LTD
Notes to the Accounts
for the year ended 30 June 2024
TRADING ESSENTIALS LTD is a private company, limited by shares, registered in England and Wales, registration number 14181830. The registered office is YAHYA ACCOUNTANCY 164, WEST HENDON BROADWAY, LONDON, NW9 7AA, 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:
Fixtures & fittings
18% Reducing Balance Method
Computer equipment
18% Reducing Balance Method
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Other
Total
At 1 July 2023
15,000
-
15,000
At 30 June 2024
15,000
-
15,000
Charge for the year
-
3,000
3,000
At 30 June 2024
-
3,000
3,000
At 30 June 2024
15,000
(3,000)
12,000
At 30 June 2023
15,000
-
15,000
TRADING ESSENTIALS LTD
Notes to the Accounts
for the year ended 30 June 2024
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2023
8,420
2,190
10,610
At 30 June 2024
8,420
2,190
10,610
At 1 July 2023
1,516
394
1,910
Charge for the year
1,243
323
1,566
At 30 June 2024
2,759
717
3,476
At 30 June 2024
5,661
1,473
7,134
At 30 June 2023
6,904
1,796
8,700
Amounts falling due within one year
Amounts falling due after more than one year
Other debtors
11,875
11,875
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
46,816
65,714
Taxes and social security
2,245
641
Proposed dividends
12,000
-
8
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
39,945
38,716
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).