Acorah Software Products - Accounts Production 16.2.850 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 11000516 Mr Nevil Sumithi iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11000516 2023-10-31 11000516 2024-10-31 11000516 2023-11-01 2024-10-31 11000516 frs-core:CurrentFinancialInstruments 2024-10-31 11000516 frs-core:Non-currentFinancialInstruments 2024-10-31 11000516 frs-core:MotorVehicles 2024-10-31 11000516 frs-core:MotorVehicles 2023-11-01 2024-10-31 11000516 frs-core:MotorVehicles 2023-10-31 11000516 frs-core:PlantMachinery 2024-10-31 11000516 frs-core:PlantMachinery 2023-11-01 2024-10-31 11000516 frs-core:PlantMachinery 2023-10-31 11000516 frs-core:ShareCapital 2024-10-31 11000516 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 11000516 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 11000516 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 11000516 frs-bus:SmallEntities 2023-11-01 2024-10-31 11000516 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 11000516 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 11000516 frs-bus:Director1 2023-11-01 2024-10-31 11000516 frs-countries:EnglandWales 2023-11-01 2024-10-31 11000516 2022-10-31 11000516 2023-10-31 11000516 2022-11-01 2023-10-31 11000516 frs-core:CurrentFinancialInstruments 2023-10-31 11000516 frs-core:Non-currentFinancialInstruments 2023-10-31 11000516 frs-core:ShareCapital 2023-10-31 11000516 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 11000516
TCD Trader Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Accountancy Group Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11000516
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 32,361 42,607
32,361 42,607
CURRENT ASSETS
Stocks 5 50,000 50,000
Debtors 6 4,273 12,815
Cash at bank and in hand 6,303 15,978
60,576 78,793
Creditors: Amounts Falling Due Within One Year 7 (87,999 ) (71,464 )
NET CURRENT ASSETS (LIABILITIES) (27,423 ) 7,329
TOTAL ASSETS LESS CURRENT LIABILITIES 4,938 49,936
Creditors: Amounts Falling Due After More Than One Year 8 (22,094 ) (32,573 )
NET (LIABILITIES)/ASSETS (17,156 ) 17,363
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (17,157 ) 17,362
SHAREHOLDERS' FUNDS (17,156) 17,363
Page 1
Page 2
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Nevil Sumithi
Director
23/07/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
TCD Trader Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11000516 . The registered office is 8 The Thatchings, Polegate, BN26 5DT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Reducing balance
Motor Vehicles 25% reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 November 2023 25,984 14,999 40,983
As at 31 October 2024 25,984 14,999 40,983
Depreciation
As at 1 November 2023 (1,624 ) - (1,624 )
Provided during the period 6,496 3,750 10,246
As at 31 October 2024 4,872 3,750 8,622
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 October 2024 21,112 11,249 32,361
As at 1 November 2023 27,608 14,999 42,607
5. Stocks
2024 2023
£ £
Finished goods 50,000 50,000
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 120 9,628
Other debtors 1,282 1,282
VAT 2,871 1,905
4,273 12,815
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 63,973 47,438
Corporation tax 37 37
Other taxes and social security 9,946 9,946
Other creditors 812 812
Accruals and deferred income 180 180
Director's loan account 13,051 13,051
87,999 71,464
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Trade creditors 56 -
Bank loans 13,888 24,423
Other loans 8,150 8,150
22,094 32,573
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4