REGISTERED NUMBER: 03465314 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

THE BRITANNIA TRADING COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs L J E Caine

REGISTERED OFFICE:

Chargrove House

Shurdington

Cheltenham

Gloucestershire

GL51 4GA

BUSINESS ADDRESS:

Flat 7 The Podium

Montpellier Terrace

Cheltenham

Gloucestershire

GL50 1AG

REGISTERED NUMBER:

03465314 (England and Wales)

ACCOUNTANTS:

Randall & Payne LLP

Chartered Accountants

Chargrove House

Shurdington Road

Cheltenham

Gloucestershire

GL51 4GA

CURRENT ASSETS

Debtors

4

1,253

1,894

Cash at bank

3,012

201

4,265

2,095

CREDITORS

Amounts falling due within one year

5

31,449

31,769

NET CURRENT LIABILITIES

(27,184

)

(29,674

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(27,184

)

(29,674

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(27,186

)

(29,676

)

SHAREHOLDERS' FUNDS

(27,184

)

(29,674

)

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 director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 October 2025 and were signed by:

Mrs L J E Caine - Director

1.	STATUTORY INFORMATION

The Britannia Trading Company 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.

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.

Financial instruments

Financial Instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Going concern

Post year end the company has ceased to trade, and the director intends to close the company, hence the going concern basis no longer remains appropriate.

All of the company's liabilities will be met as they fall due, and the above has been reflected in the balance sheet included within the financial statements.

Provisions

Provisions are recognised only where a present obligation exists as a result of a past transaction or event at or prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

VAT

1,253

1,894

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Director's loan accs less 1yr

30,189

30,569

Accruals and Deferred Income

1,260

1,200

31,449

31,769

6.	TRANSACTIONS WITH DIRECTOR

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

Mrs L J E Caine

Balance outstanding at start of year

(30,569

)

(31,361

)

Amounts advanced

2,300

2,602

Amounts repaid

(1,920

)

(1,810

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(30,189

)

(30,569

)

No interest is being charged on the loan and there are no set repayment terms.