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S D S TRADING APPLICATIONS LIMITED
REGISTERED NUMBER: 04600715
BALANCE SHEET
AS AT 31 DECEMBER 2024
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Total assets less current liabilities
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For the year ended 31 December 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.
Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 25 September 2025.
The notes on pages 2 to 3 form part of these financial statements.
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S D S TRADING APPLICATIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
S D S Trading Applications Limited 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.
2.Accounting policies
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Basis of preparation of financial statements
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The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The company's immediate parent undertaking is SDS Applications Limited, which is a wholly-owed subsidiary of XBP Europe Limited. The company has therefore taken advantages of the exemption contained in Financial Reporting Standard 102 (1A) section 33 'Related Party Disclosures' and has therefore not disclosed transactions or balances with entities which form part of BanTec group (or investees of the group qualifying as related parties). The consolidated Financial Statements of XBP Global Holdings, Inc, within which this company is included,can be obtained from the address given in note 5.
Post year end, the intention of the company is to be wound up. For this reason, these financial statements are prepared on a basis other than going concern.
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The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).
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The average monthly number of employees, including directors, during the year was 0 (2023 - 0).
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S D S TRADING APPLICATIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
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Related party disclosures
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The company's immediate parent company is XBP Europe Inc., a company registered in the USA. The company's ultimate parent undertaking is XBP Global Holdings, Inc., incorporated in the USA, whose principle place of business is at 6641 N Belt Line Rd, Suite 100, Irving, TX 75063 and includes the company in its consolidated financial statements. The group accounts of XBP Global Holdings, Inc., prepared in accordance with US GAAP can be obtained from this address or www.sec.gov..
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