Company Registration No. 13779038 (England and Wales)
T&L TRADE LTD
Unaudited accounts
for the year ended 31 December 2024
T&L TRADE LTD
Unaudited accounts
Contents
T&L TRADE LTD
Company Information
for the year ended 31 December 2024
Company Number
13779038 (England and Wales)
Registered Office
112 Middle Park Avenue
London
SE9 5JH
England
Accountants
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
T&L TRADE LTD
Accountants' report
Accountants' report to the director of T&L TRADE LTD on the preparation of the unaudited statutory accounts for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
T&L TRADE LTD for the year ended
31 December 2024 as set out on pages
5 -
6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of T&L TRADE LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of T&L TRADE LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than T&L TRADE LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that T&L TRADE LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of T&L TRADE LTD. You consider that T&L TRADE LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of T&L TRADE LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
16 April 2025
T&L TRADE LTD
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
68,175
50,168
Creditors: amounts falling due within one year
(35,336)
(24,390)
Net current assets
32,839
25,778
Called up share capital
1
1
Profit and loss account
32,838
25,777
Shareholders' funds
32,839
25,778
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 April 2025 and were signed on its behalf by
LL Naydenov
Director
Company Registration No. 13779038
T&L TRADE LTD
Notes to the Accounts
for the year ended 31 December 2024
T&L TRADE LTD is a private company, limited by shares, registered in England and Wales, registration number 13779038. The registered office is 112 Middle Park Avenue, London, SE9 5JH, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
4
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,656
3,210
Loans from directors
25,302
12,807
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Accounts
(12,807)
(12,496)
-
(25,303)
(12,807)
(12,496)
-
(25,303)
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).