TRA AUTOS LTD

Company Registration Number:
13709507 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

TRA AUTOS LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

TRA AUTOS LTD

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 299 749
Total fixed assets: 299 749
Current assets
Debtors: 4 3,820 2,438
Cash at bank and in hand: 4,409 45,978
Total current assets: 8,229 48,416
Creditors: amounts falling due within one year: 5 (79,749) (61,125)
Net current assets (liabilities): (71,520) (12,709)
Total assets less current liabilities: (71,221) (11,960)
Total net assets (liabilities): (71,221) (11,960)
Capital and reserves
Called up share capital: 586,084 444,986
Share premium account: 1,909,421 1,453,467
Profit and loss account: (2,566,726) (1,910,413)
Shareholders funds: (71,221) (11,960)

The notes form part of these financial statements

TRA AUTOS LTD

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 September 2025
and signed on behalf of the board by:

Name: Aleksandr Evdokimov
Status: Director

The notes form part of these financial statements

TRA AUTOS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Fixtures & Fittings : 20% on costs Computer Equipment : 20% on costs.

Other accounting policies

Going Concern Disclosure At 31 December 2024 the Company’s balance sheet shows net liabilities of £71,221 (2023: net liabilities of £11,960). The Company made a loss of £656,313 during the year (2023: £622,815). The company has received confirmation from the ultimate parent undertaking, Kinetik S.a.r.l, a company registered in the Grand Duchy of Luxembourg, that it will continue to support the company's working capital requirements for at least 12 months from the date of signing these financial statements. The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate. Foreign Currencies 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 rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

TRA AUTOS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 3 2

TRA AUTOS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 1,500
At 31 December 2024 1,500
Depreciation
At 01 January 2024 751
Charge for year 450
At 31 December 2024 1,201
Net book value
At 31 December 2024 299
At 31 December 2023 749

TRA AUTOS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 3,820 2,438

TRA AUTOS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

Trade Creditors - 2024: £21,000 , 2023: £14,556 Other taxes and social security - 2024: £58,399 , 2023:£29,069 Accruals and Deferred Income - 2024: £350 , 2023: £17,500

TRA AUTOS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Related party transactions

The company's ultimate controlling party is the Kinetik Foundation by virtue of it's ownership of 100% of the issued share capital in the ultimate parent company Kinetik S.a.r.l., a company incorporated in the Grand Duchy of Luxembourg, the registered office is 34, rue du Cure, L-1368, Luxembourg.