REGISTERED NUMBER: 08169667 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

DEPENDABLE TRADING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr L Doyle

Mrs S J Doyle

SECRETARY:

Mrs S J Doyle

REGISTERED OFFICE:

Carwood Park Selby Road

Swillington Common

Leeds

LS15 4LG

REGISTERED NUMBER:

08169667 (England and Wales)

ACCOUNTANTS:

Fortus Limited

3 Park Square East

Leeds

LS1 2NE

FIXED ASSETS

Tangible assets

4

4,164

12,492

CURRENT ASSETS

Debtors

5

244,355

282,494

Cash at bank

80,114

75,910

324,469

358,404

CREDITORS

Amounts falling due within one year

6

296,628

348,959

NET CURRENT ASSETS

27,841

9,445

TOTAL ASSETS LESS CURRENT LIABILITIES

32,005

21,937

CREDITORS

Amounts falling due after more than one year

7

(28,830

)

(16,667

)

PROVISIONS FOR LIABILITIES

8

(791

)

(2,373

)

NET ASSETS

2,384

2,897

CAPITAL AND RESERVES

Called up share capital

101

100

Retained earnings

2,283

2,797

SHAREHOLDERS' FUNDS

2,384

2,897

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2025 and were signed on its behalf by:

Mr L Doyle - Director

1.	STATUTORY INFORMATION

Dependable Trading Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 historical cost convention.

Significant judgements and estimates

In applying the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities. Estimates and assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised.

The main judgement concerns the likely future demand for the company's products and how that impacts on the carrying value of stock. The director has based his judgement on his considerable experience and understanding of the product and its marketplace.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful

life.

Computer equipment - depreciation rate at 33.33% SLM

Financial instruments

The company enters into basic financial instrument transactions resulting in the recognition of financial assets and liabilities such as trade debtors and trade creditors, loans from banks and loans to and from related parties. Debt instruments that are payable or receivable within one year, typically trade debtors and trade creditors, are measured at the undiscounted constitutes a financing transaction, such as the payment of a trade debt beyond normal business terms or financed at a non-market rate of interest, the financial asset or liability is measured at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2024

and 31 December 2024

24,974

DEPRECIATION

At 1 January 2024

12,482

Charge for year

8,328

At 31 December 2024

20,810

NET BOOK VALUE

At 31 December 2024

4,164

At 31 December 2023

12,492

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

55,589

21,356

Amounts due from related undertaking

123,336

135,836

Directors' current accounts

-

82,500

Tax

27,844

27,844

VAT

29,532

12,071

Prepayments

8,054

2,887

244,355

282,494

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

6,667

-

Trade creditors

250,146

296,782

Corporation tax

1,462

29,874

Social security and other taxes

1,084

1,304

Loan creditor

-

10,000

Directors' current accounts

26,969

-

Accrued expenses

10,300

10,999

296,628

348,959

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

10,000

-

Loan creditor

18,830

16,667

28,830

16,667

8.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

791

2,373

Deferred

tax

£

Balance at 1 January 2024

2,373

Provided during year

(1,582

)

Balance at 31 December 2024

791