Company registration number: 08287354
Unaudited financial statements
for the year ended 30 November 2024
for
Uk Trade Line Ltd
Pages for filing with the Registrar
Company registration number: 08287354
Uk Trade Line Ltd
Balance sheet
as at 30 November 2024
2024 2023
Note £ £ £ £
Fixed assets
Intangible assets 4 250,356 250,356
Tangible assets 5 430,189 367,597
680,545 617,953
Current assets
Stocks 1,106,911 1,289,165
Debtors 281,482 28,513
Cash at bank and in hand 321,473 275,690
1,709,866 1,593,368
Creditors: amounts falling due within one
year 		(81,493) (23,694)
Net current assets 1,628,373 1,569,674
Total assets less current liabilities 2,308,918 2,187,627
Creditors: Amounts falling due after more
than one year 		(143,035) (26,368)
NET ASSETS 2,165,883 2,161,259
Capital and reserves
Called up share capital 2,150,000 2,150,000
Revaluation reserve 6,970 6,970
Profit and loss account 8,913 4,289
TOTAL EQUITY 2,165,883 2,161,259
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 November 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 08287354
Uk Trade Line Ltd
Balance sheet - continued
as at 30 November 2024
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr N Filo, Director
1 September 2025
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Uk Trade Line Ltd
Notes to the financial statements
for the year ended 30 November 2024
1 Company information
Uk Trade Line Ltd is a private company registered in England and Wales. Its registered number is 08287354. The company is limited by shares. Its registered office is 6 Church Terrace, London, NW4 4JU.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 10% straight line
Development costs - 10% straight line
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 8% straight line
Fixtures & fittings - 8% straight line
Motor vehicles - 8% straight line
Computer equipment - 8% straight line
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Uk Trade Line Ltd
Notes to the financial statements - continued
for the year ended 30 November 2024
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 items.
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3 Average number of employees
During the year the average number of employees was 25 (2023 - 25).
4 Intangible assets
Goodwill Other
intangible
assets 		Totals
£ £ £
Cost
At 1 December 2023 165,659 84,697 250,356
At 30 November 2024 165,659 84,697 250,356
Amortisation
At 30 November 2024 - - -
Net book value
At 30 November 2024 165,659 84,697 250,356
At 30 November 2023 165,659 84,697 250,356
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Uk Trade Line Ltd
Notes to the financial statements - continued
for the year ended 30 November 2024
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 December 2023 367,597
Additions 100,000
At 30 November 2024 467,597
Depreciation
Charge for year 37,408
At 30 November 2024 37,408
Net book value
At 30 November 2024 430,189
At 30 November 2023 367,597
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