STARTRADE LTD

Company Registration Number:
07282255 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

STARTRADE LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Notes

STARTRADE LTD

Balance sheet

As at 31 July 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 159,550 200,450
Tangible assets: 4 59,655 105,602
Investments:   0 0
Total fixed assets: 219,205 306,052
Current assets
Stocks: 80,850 97,220
Debtors:   240,789 209,789
Cash at bank and in hand: 651,606 572,996
Investments:   0 0
Total current assets: 973,245 880,005
Creditors: amounts falling due within one year: 5 (69,520) (59,226)
Net current assets (liabilities): 903,725 820,779
Total assets less current liabilities: 1,122,930 1,126,831
Creditors: amounts falling due after more than one year: 6 (6,596) (20,346)
Provision for liabilities: 0 0
Total net assets (liabilities): 1,116,334 1,106,485
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 1,116,234 1,106,385
Shareholders funds: 1,116,334 1,106,485

The notes form part of these financial statements

STARTRADE LTD

Balance sheet statements

For the year ending 31 July 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 April 2025
and signed on behalf of the board by:

Name: Mr Jagjit Singh Bansal
Status: Director

The notes form part of these financial statements

STARTRADE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets and depreciation policy

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Motor vehicles 25% Straight line Fixtures and fittings 15% Straight line

Valuation and information policy

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads

STARTRADE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

2. Employees

2024 2023
Average number of employees during the period 7 7

STARTRADE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Intangible Assets

Total
Cost £
At 01 August 2023 400,900
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 July 2024 400,900
Amortisation
At 01 August 2023 200,450
Charge for year 40,900
On disposals 0
Other adjustments 0
At 31 July 2024 241,350
Net book value
At 31 July 2024 159,550
At 31 July 2023 200,450

STARTRADE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Tangible Assets

Total
Cost £
At 01 August 2023 220,079
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 July 2024 220,079
Depreciation
At 01 August 2023 114,477
Charge for year 45,947
On disposals 0
Other adjustments 0
At 31 July 2024 160,424
Net book value
At 31 July 2024 59,655
At 31 July 2023 105,602

STARTRADE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Creditors: amounts falling due within one year note

2024 Trade creditors: £(1) Taxation and social security: £52,842 Other creditors: £16,679 2023 Trade creditors: £0 Taxation and social security: £42,615 Other creditors: £16,611

STARTRADE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

6. Creditors: amounts falling due after more than one year note

2024 Other creditors: £6,596 2023 Other creditors: £20,346