Company Registration No. 04360158 (England and Wales)
Appliance Trader Limited
Unaudited accounts
for the year ended 31 March 2024
Appliance Trader Limited
Unaudited accounts
Contents
Appliance Trader Limited
Statement of financial position
as at 31 March 2024
Tangible assets
113,357
42,376
Investment property
503,518
503,518
Cash at bank and in hand
401,411
389,169
Creditors: amounts falling due within one year
(220,159)
(238,527)
Net current assets
342,293
258,763
Total assets less current liabilities
959,168
804,657
Provisions for liabilities
Net assets
959,168
796,946
Called up share capital
1,000
1,000
Profit and loss account
958,168
795,946
Shareholders' funds
959,168
796,946
For the year ending 31 March 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 19 March 2025 and were signed on its behalf by
Mr Joel Caws
Director
Company Registration No. 04360158
Appliance Trader Limited
Notes to the Accounts
for the year ended 31 March 2024
Appliance Trader Limited is a private company, limited by shares, registered in England and Wales, registration number 04360158. The registered office is Eastleigh Services, 53 Twyford Road, Eastleigh, Hampshire, SO50 4HH, 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
25% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
15% on reducing balance
Computer equipment
15% on reducing balance
Appliance Trader Limited
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2023
19,041
4,764
136,435
18,256
12,597
191,093
Additions
-
-
80,433
392
462
81,287
At 31 March 2024
19,041
4,764
216,868
18,648
13,059
272,380
At 1 April 2023
19,041
4,271
102,661
16,159
6,585
148,717
Charge for the year
-
124
8,963
311
908
10,306
At 31 March 2024
19,041
4,395
111,624
16,470
7,493
159,023
At 31 March 2024
-
369
105,244
2,178
5,566
113,357
At 31 March 2023
-
493
33,774
2,097
6,012
42,376
Fair value at 1 April 2023
503,518
Amounts falling due within one year
Trade debtors
114,979
86,326
Accrued income and prepayments
15,280
11,065
Other debtors
18,991
10,730
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
28,784
63,101
Taxes and social security
63,952
42,561
Other creditors
3,795
2,169
Loans from directors
63,638
46,444
Deferred income
18,223
14,720
8
Average number of employees
During the year the average number of employees was 22 (2023: 21).