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REGISTERED NUMBER: 06291623 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

TRADE DIRECT INVESTMENTS LIMITED

TRADE DIRECT INVESTMENTS LIMITED (REGISTERED NUMBER: 06291623)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TRADE DIRECT INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: Ms S V Mccarthy





REGISTERED OFFICE: 2 Corsham Road
Cardiff
United Kingdom
CF23 6AY





REGISTERED NUMBER: 06291623 (England and Wales)





ACCOUNTANTS: Hadleys & Co.
Ground Floor
Import Building
2 Clove Crescent
London
E14 2BE

TRADE DIRECT INVESTMENTS LIMITED (REGISTERED NUMBER: 06291623)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 3 218,438 130,168
Investment property 4 1,415,000 1,415,000
1,633,438 1,545,168

CURRENT ASSETS
Debtors 5 625,696 380,081
Cash at bank 59,098 24,108
684,794 404,189
CREDITORS
Amounts falling due within one year 6 (247,533 ) (142,991 )
NET CURRENT ASSETS 437,261 261,198
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,070,699

1,806,366

CREDITORS
Amounts falling due after more than one
year

7

(1,040,984

)

(756,133

)
NET ASSETS 1,029,715 1,050,233

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 8 352,789 352,789
Retained earnings 676,924 697,442
1,029,715 1,050,233

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

TRADE DIRECT INVESTMENTS LIMITED (REGISTERED NUMBER: 06291623)

BALANCE SHEET - continued
30 JUNE 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 director and authorised for issue on 26 March 2025 and were signed by:





Ms S V Mccarthy - Director


TRADE DIRECT INVESTMENTS LIMITED (REGISTERED NUMBER: 06291623)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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.
Plant and machinery etc - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

TRADE DIRECT INVESTMENTS LIMITED (REGISTERED NUMBER: 06291623)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

3. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 174,548
Additions 161,084
At 30 June 2024 335,632
DEPRECIATION
At 1 July 2023 44,380
Charge for year 72,814
At 30 June 2024 117,194
NET BOOK VALUE
At 30 June 2024 218,438
At 30 June 2023 130,168

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 1,415,000
NET BOOK VALUE
At 30 June 2024 1,415,000
At 30 June 2023 1,415,000

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2022 875,000
Valuation in 2023 540,000
1,415,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 25,197 14,651
Other debtors 600,499 365,430
625,696 380,081

TRADE DIRECT INVESTMENTS LIMITED (REGISTERED NUMBER: 06291623)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 572 6,286
Hire purchase contracts 38,631 22,131
Trade creditors 957 25,689
Taxation and social security 12,042 20,774
Other creditors 195,331 68,111
247,533 142,991

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 824,895 635,913
Hire purchase contracts 216,089 120,220
1,040,984 756,133

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 797,605 593,483

8. RESERVES
Revaluation
reserve
£   
At 1 July 2023
and 30 June 2024 352,789