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REGISTERED NUMBER: 09042874 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

TRADE RADIATORS LIMITED

TRADE RADIATORS LIMITED (REGISTERED NUMBER: 09042874)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TRADE RADIATORS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTORS: Mr J C H Auckland
Mr N R Auckland



SECRETARY: Mr J C H Auckland



REGISTERED OFFICE: 12 Victoria Road
Barnsley
South Yorkshire
S70 2BB



REGISTERED NUMBER: 09042874 (England and Wales)



ACCOUNTANTS: Gibson Booth Limited
12 Victoria Road
Barnsley
South Yorkshire
S70 2BB



BANKERS: Yorkshire Bank
11 Smithy Row
Nottingham
Nottinghamshire
NG1 2AU

TRADE RADIATORS LIMITED (REGISTERED NUMBER: 09042874)

BALANCE SHEET
31 JANUARY 2025

31.1.25 31.1.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 4,873 5,496
Investments 5 624,976 822,475
629,849 827,971

CURRENT ASSETS
Stocks 6 38,110 51,207
Debtors 7 2,195,975 2,266,482
Cash at bank 94,061 104,639
2,328,146 2,422,328
CREDITORS
Amounts falling due within one year 8 541,351 577,416
NET CURRENT ASSETS 1,786,795 1,844,912
TOTAL ASSETS LESS CURRENT LIABILITIES 2,416,644 2,672,883

PROVISIONS FOR LIABILITIES 1,218 1,374
NET ASSETS 2,415,426 2,671,509

CAPITAL AND RESERVES
Called up share capital 9 300 300
Share premium 1,778,000 1,778,000
Retained earnings 637,126 893,209
SHAREHOLDERS' FUNDS 2,415,426 2,671,509

TRADE RADIATORS LIMITED (REGISTERED NUMBER: 09042874)

BALANCE SHEET - continued
31 JANUARY 2025


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 22 May 2025 and were signed on its behalf by:





Mr J C H Auckland - Director


TRADE RADIATORS LIMITED (REGISTERED NUMBER: 09042874)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1. STATUTORY INFORMATION

Trade Radiators 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about Trade Radiators Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Significant judgements and estimates
No judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements.

There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carrying amount of assets and liabilities within the next financial year.

Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts

Turnover from the sale of radiators and bathroom furniture is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount off turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on dispatch of the goods.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes all costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings- 20% on cost
Equipment- 33% on cost

TRADE RADIATORS LIMITED (REGISTERED NUMBER: 09042874)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

2. ACCOUNTING POLICIES - continued

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport and handling costs in bringing stocks to their present location and condition.

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.

Investments
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through the profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings Equipment Totals
£    £    £   
COST
At 1 February 2024 7,667 19,126 26,793
Additions - 2,252 2,252
At 31 January 2025 7,667 21,378 29,045
DEPRECIATION
At 1 February 2024 5,115 16,182 21,297
Charge for year 589 2,286 2,875
At 31 January 2025 5,704 18,468 24,172
NET BOOK VALUE
At 31 January 2025 1,963 2,910 4,873
At 31 January 2024 2,552 2,944 5,496

TRADE RADIATORS LIMITED (REGISTERED NUMBER: 09042874)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 February 2024 822,475
Additions 65,087
Disposals (366,114 )
Revaluations 103,528
At 31 January 2025 624,976
NET BOOK VALUE
At 31 January 2025 624,976
At 31 January 2024 822,475


6. STOCKS
31.1.25 31.1.24
£    £   
Stocks 38,110 51,207

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Amounts owed by group undertakings 2,193,295 2,257,354
Directors' current accounts - 5,293
Prepayments and accrued income 2,680 3,835
2,195,975 2,266,482

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Bank loans and overdrafts - 2,590
Trade creditors 431,967 407,614
Corporation tax - 36,350
Social security and other taxes 4,210 3,953
VAT 74,280 51,604
Other creditors 12,940 72,305
Directors' current accounts 15,618 -
Accruals and deferred income 2,336 3,000
541,351 577,416

TRADE RADIATORS LIMITED (REGISTERED NUMBER: 09042874)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.25 31.1.24
value: £    £   
300 Ordinary £1 300 300

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2025 and 31 January 2024:

31.1.25 31.1.24
£    £   
Mr J C H Auckland and Mr N R Auckland
Balance outstanding at start of year 5,293 44,125
Amounts advanced - 1,201,366
Amounts repaid (5,293 ) (1,240,198 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 5,293

11. ULTIMATE CONTROLLING PARTY

The ultimate parent undertaking is Trade Investment & Holdings Ltd.

The parent company's registered office address is;

Hall Farm house
Chapel Lane
Costock
Loughborough
LE12 6UY