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REGISTERED NUMBER: 10640402 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

BS Traders Limited

BS Traders Limited (Registered number: 10640402)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BS Traders Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: B S Bhatia





REGISTERED OFFICE: 242 North End Road
Fulham
London
SW6 1NL





REGISTERED NUMBER: 10640402 (England and Wales)





ACCOUNTANTS: SK Associates Ltd
1 Agincourt Villas
Uxbridge Road
Hillingdon
Middlesex
UB10 0NX

BS Traders Limited (Registered number: 10640402)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 16,250 17,500
Tangible assets 5 3,938 4,823
20,188 22,323

CURRENT ASSETS
Stocks 31,901 26,794
Debtors 6 4,000 2,000
Prepayments and accrued income 150 150
Cash at bank and in hand 6,813 13,032
42,864 41,976
CREDITORS
Amounts falling due within one year 7 51,372 38,701
NET CURRENT (LIABILITIES)/ASSETS (8,508 ) 3,275
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,680

25,598

CREDITORS
Amounts falling due after more than
one year

8

9,621

19,622
NET ASSETS 2,059 5,976

BS Traders Limited (Registered number: 10640402)

Balance Sheet - continued
30 April 2024

30.4.24 30.4.23
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,959 5,876
2,059 5,976

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

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

The director acknowledges his 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.

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 22 April 2025 and were signed by:





B S Bhatia - Director


BS Traders Limited (Registered number: 10640402)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

BS Traders Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


BS Traders Limited (Registered number: 10640402)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 25,000
AMORTISATION
At 1 May 2023 7,500
Charge for year 1,250
At 30 April 2024 8,750
NET BOOK VALUE
At 30 April 2024 16,250
At 30 April 2023 17,500

BS Traders Limited (Registered number: 10640402)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Long and
leasehold fittings Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 1,491 10,124 11,615
DEPRECIATION
At 1 May 2023 596 6,196 6,792
Charge for year 100 785 885
At 30 April 2024 696 6,981 7,677
NET BOOK VALUE
At 30 April 2024 795 3,143 3,938
At 30 April 2023 895 3,928 4,823

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 4,000 2,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 11,212 11,212
Trade creditors 11,865 5,176
Taxation and social security 8,354 5,252
Other creditors 19,941 17,061
51,372 38,701

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans 9,621 19,622

BS Traders Limited (Registered number: 10640402)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

30.4.24 30.4.23
£    £   
B S Bhatia
Balance outstanding at start of year 8,649 199
Amounts advanced 6,450 8,450
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 15,099 8,649