Registration number: 09882318

Moly Trading Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 5

Moly Trading Limited

Company Information

Director

Mr Peter Raphael

Registered office

Lower Littleworth House Lower Littleworth Amberley Stroud Gloucestershire GL5 5AW

Accountants

Ward Goodman Accountancy Services Ltd Chartered Certified Accountants4 Cedar Park Cobham Road Ferndown Industrial Estate Wimborne Dorset BH21 7SF

Moly Trading Limited

(Registration number: 09882318)
Balance Sheet as at 31 December 2024

	Note	2024 $	2023 $
Fixed assets
Other financial assets	4	3,219,554	2,997,521
Current assets
Cash at bank and in hand		14,151	18,145
Creditors: Amounts falling due within one year	5	(4,460)	(3,268)
Net current assets		9,691	14,877
Net assets		3,229,245	3,012,398
Capital and reserves
Called up share capital	6	11	11
Retained earnings		3,229,234	3,012,387
Shareholders' funds		3,229,245	3,012,398

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 5 September 2025
 

......................................... Mr Peter Raphael Director

Moly Trading Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Lower Littleworth House
Lower Littleworth
Amberley
Stroud
Gloucestershire
GL5 5AW
England

These financial statements were authorised for issue by the director on 5 September 2025.

2	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.

The presentation currency of the financial statements is the US Dollar ($)

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises 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.

Moly Trading Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2023 - 0).

Moly Trading Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4	Other financial assets (current and non-current)

	Financial assets at fair value through profit and loss $	Total $
Non-current financial assets
Cost or valuation
At 1 January 2024	2,997,521	2,997,521
Fair value adjustments	222,033	222,033
At 31 December 2024	3,219,554	3,219,554
Impairment
Carrying amount
At 31 December 2024	3,219,554	3,219,554

5

Creditors

Creditors: amounts falling due within one year

	2024 $	2023 $
Due within one year
Taxation and social security	-	1,011
Accruals and deferred income	4,461	2,256
Other creditors	(1)	1
	4,460	3,268

6	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	$	No.	$
Ordinary A of $1.38 each	8	11	8	11