Company Registration No. 04402962 (England and Wales)
HDP Trading Limited
Unaudited accounts
for the year ended 31 December 2024
HDP Trading Limited
Statement of financial position
as at 31 December 2024
Intangible assets
51,000
-
Tangible assets
757
95,469
Inventories
1,127,132
487,250
Debtors
1,581,855
4,250,986
Cash at bank and in hand
771,658
264,995
Creditors: amounts falling due within one year
(1,466,074)
(2,952,936)
Net current assets
2,014,571
2,050,295
Total assets less current liabilities
2,066,328
2,145,764
Creditors: amounts falling due after more than one year
(5,919)
(89,276)
Net assets
2,060,409
2,056,488
Called up share capital
1,800,000
1,800,000
Profit and loss account
260,409
256,488
Shareholders' funds
2,060,409
2,056,488
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 14 August 2025 and were signed on its behalf by
A A Khan
Director
Company Registration No. 04402962
HDP Trading Limited
Notes to the Accounts
for the year ended 31 December 2024
HDP Trading Limited is a private company, limited by shares, registered in England and Wales, registration number 04402962. The registered office is 25 North Row, London, W1K 6DJ, United Kingdom.
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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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Motor vehicles
Over 3 years
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
HDP Trading Limited
Notes to the Accounts
for the year ended 31 December 2024
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Other
At 31 December 2024
51,000
At 31 December 2024
51,000
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2024
4,796
147,500
152,296
Disposals
-
(147,500)
(147,500)
At 31 December 2024
4,796
-
4,796
At 1 January 2024
2,843
53,984
56,827
Charge for the year
1,196
-
1,196
On disposals
-
(53,984)
(53,984)
At 31 December 2024
4,039
-
4,039
At 31 December 2024
757
-
757
At 31 December 2023
1,953
93,516
95,469
Carrying values included above held under finance leases and hire purchase contracts:
£
£
HDP Trading Limited
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Trade debtors
765,606
3,343,592
Amounts due from group undertakings etc.
99,890
99,890
Accrued income and prepayments
60,386
25,500
Other debtors
655,973
782,004
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
14,987
2,716,684
Obligations under finance leases and hire purchase contracts
-
18,916
Trade creditors
1,314,396
139,593
Taxes and social security
17,001
22,428
Other creditors
2,757
4,105
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Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
72,709
The company is a wholly owned subsidiary of HDP Global Holdings Limited.
HDP Global Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 13882935. The registered office is Rutland House, 23-25 Friar Lane, Leicester, LE1 5QQ.
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Average number of employees
During the year the average number of employees was 6 (2023: 6).