Company Registration No. 10503534 (England and Wales)
Botan Trading Ltd
Unaudited accounts
for the year ended 30 November 2024
Botan Trading Ltd
Unaudited accounts
Contents
Botan Trading Ltd
Company Information
for the year ended 30 November 2024
Directors
Mr A Koz
Mr H Erdogan
Company Number
10503534 (England and Wales)
Registered Office
214 Baker Street
Enfield
EN1 3JY
England
Accountants
DNG Associates
214 Baker Street
Enfield
London
EN1 3JT
Botan Trading Ltd
Statement of financial position
as at 30 November 2024
Tangible assets
51,783
60,587
Cash at bank and in hand
34,376
7,025
Creditors: amounts falling due within one year
(67,454)
(80,885)
Net current assets/(liabilities)
31,142
(7,140)
Total assets less current liabilities
82,925
53,447
Creditors: amounts falling due after more than one year
(12,643)
(17,643)
Called up share capital
100
100
Profit and loss account
70,182
35,704
Shareholders' funds
70,282
35,804
For the year ending 30 November 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 1 April 2025 and were signed on its behalf by
Mr H Erdogan
Director
Company Registration No. 10503534
Botan Trading Ltd
Notes to the Accounts
for the year ended 30 November 2024
Botan Trading Ltd is a private company, limited by shares, registered in England and Wales, registration number 10503534. The registered office is 214 Baker Street, Enfield, EN1 3JY, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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:
Land & buildings
20 year - straight line basis
Plant & machinery
18% - reducing balance method
Fixtures & fittings
18% - reducing balance method
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Botan Trading Ltd
Notes to the Accounts
for the year ended 30 November 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2023
18,762
51,839
10,107
80,708
At 30 November 2024
18,762
51,839
10,107
80,708
At 1 December 2023
1,876
14,988
3,257
20,121
Charge for the year
938
6,633
1,233
8,804
At 30 November 2024
2,814
21,621
4,490
28,925
At 30 November 2024
15,948
30,218
5,617
51,783
At 30 November 2023
16,886
36,851
6,850
60,587
Amounts falling due within one year
Accrued income and prepayments
8,520
8,520
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
12,509
1,160
Loans from directors
48,123
64,702
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
50 A Ordinary shares of £1 each
50
50
30 B Ordinary shares of £1 each
30
30
20 C Ordinary shares of £1 each
20
20
9
Transactions with related parties
Included within other creditors is an amount of £48,123 (2023: £64,702) due to the director of the company. There are no terms as to interest or repayment in respect of this balance.
Botan Trading Ltd
Notes to the Accounts
for the year ended 30 November 2024
10
Average number of employees
During the year the average number of employees was 5 (2023: 6).