Registration number:
Contemi Trading Solutions (London) Ltd
for the Period from 17 August 2023 to 31 December 2024
Contemi Trading Solutions (London) Ltd
Contents
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Company Information |
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Balance Sheet |
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Notes to the Financial Statements |
Contemi Trading Solutions (London) Ltd
Company Information
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Directors |
Mr G Subramanium Mr A J Barker |
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Registered office |
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Auditors |
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Contemi Trading Solutions (London) Ltd
(Registration number: 15079748)
Balance Sheet as at 31 December 2024
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Note |
2024 |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net assets |
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Capital and reserves |
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Called up share capital |
100,100 |
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Retained earnings |
3,367 |
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Shareholders' funds |
103,467 |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
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Contemi Trading Solutions (London) Ltd
Notes to the Financial Statements for the Period from 17 August 2023 to 31 December 2024
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General information |
The company is a private company limited by share capital, incorporated in England & Wales.
The address of its registered office is:
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
The financial statements have been prepared on a going concern basis. The directors have a reasonable expectation that the company and group have adequate resources to continue in operational existence for the foreseeable future.
Audit report
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Contemi Trading Solutions (London) Ltd
Notes to the Financial Statements for the Period from 17 August 2023 to 31 December 2024
Foreign currency transactions and balances
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.
Tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
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Staff numbers |
The average number of persons employed by the company (including directors) during the period, was
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Debtors |
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Note |
2024 |
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Trade debtors |
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Amounts owed by related parties |
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Prepayments |
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Contemi Trading Solutions (London) Ltd
Notes to the Financial Statements for the Period from 17 August 2023 to 31 December 2024
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Creditors |
Creditors: amounts falling due within one year
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Note |
2024 |
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Due within one year |
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Trade creditors |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Share capital |
Allotted, called up and fully paid shares
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2024 |
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No. |
£ |
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100,100 |
Share capital of 100 Ordinary shares were issued on incorporation at par. A further 100,000 shares were allotted on 29 November 2023 at par.
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Related party transactions |
At the period end the following amounts were due from / ( to) related parties:-
Contemi UK Limited (£9)
Contemi Solutions Pte. Ltd (£4,637)
Contemi Trading Solutions India Pvt. Ltd (£2,692)
3P Contemi Holdings Pte. Ltd (£2,768)
Contemi Trading Solutions Pte. Ltd £181,620
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Parent and ultimate parent undertaking |
The company's immediate parent is
The ultimate parent is