REGISTERED NUMBER: 03852895 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

THETRADE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Dass

J Watkins

D S Sokhi

REGISTERED OFFICE:

Warren Place

Birch Vale

Cobham

Surrey

KT11 2PX

REGISTERED NUMBER:

03852895 (England and Wales)

ACCOUNTANTS:

Farndon Accountancy

Warren Place

Birch Vale

Cobham

Surrey

KT11 2PX

CURRENT ASSETS

Debtors

6

1,029,422

717,986

Cash at bank

360,608

247,003

1,390,030

964,989

CREDITORS

Amounts falling due within one year

7

977,837

534,882

NET CURRENT ASSETS

412,193

430,107

TOTAL ASSETS LESS CURRENT LIABILITIES

412,193

430,107

CAPITAL AND RESERVES

Called up share capital

24,000

24,000

Share premium

312,000

312,000

Retained earnings

76,193

94,107

SHAREHOLDERS' FUNDS

412,193

430,107

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 1 May 2025 and were signed on its behalf by:

A Dass - Director

1.	STATUTORY INFORMATION

TheTrade Ltd 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.

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.

Website development are being amortised evenly over their estimated useful life of four years.

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 cost

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

and 31 December 2024

26,578

AMORTISATION

At 1 January 2024

and 31 December 2024

26,578

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

26,720

DEPRECIATION

At 1 January 2024

and 31 December 2024

26,720

NET BOOK VALUE

At 31 December 2024

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

as restated

£

£

Trade debtors

331,596

251,126

Amounts owed by group undertakings

655,225

430,634

Other debtors

42,601

36,226

1,029,422

717,986

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

as restated

£

£

Bank loans and overdrafts

1,448

1,761

Trade creditors

19,684

19,781

Amounts owed to group undertakings

712,196

261,023

Taxation and social security

208,159

197,183

Other creditors

36,350

55,134

977,837

534,882

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Tungsten Publishing Limited.