REGISTERED NUMBER: 03496453

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

PROFESSIONAL TRADERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L. Kemp

S N V Kemp

Mr T Kemp

SECRETARY:

L. Kemp

REGISTERED OFFICE:

222 Upper Richmond Road West

London

SW14 8AH

REGISTERED NUMBER:

03496453

ACCOUNTANTS:

K S Goring & Co Chartered Accountants

222 Upper Richmond Road West

London

SW14 8AH

FIXED ASSETS

Intangible assets

4

1

1

Tangible assets

5

4,450

1,240

Investments

6

1,300

1,300

5,751

2,541

CURRENT ASSETS

Stocks

583,294

582,822

Debtors

7

1,296,647

1,451,859

Cash at bank and in hand

20,854

30,722

1,900,795

2,065,403

CREDITORS

Amounts falling due within one year

8

987,548

755,191

NET CURRENT ASSETS

913,247

1,310,212

TOTAL ASSETS LESS CURRENT LIABILITIES

918,998

1,312,753

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

918,898

1,312,653

SHAREHOLDERS' FUNDS

918,998

1,312,753

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 10 October 2025 and were signed on its behalf by:

Mr S N V Kemp - Director

1.	STATUTORY INFORMATION

PROFESSIONAL TRADERS LIMITED is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs

The company's workplace pension scheme for its employees is provided through automatic enrolment pension scheme in line with Government legislation.

Under the terms of this scheme, employees make pension contributions out of their salaries, and the company also makes additional contributions.

Contributions payable for the year are charged to the profit and loss account in the period to which they relate. Staff contribution are charged to wages and salaries and company contribution are charged to pension cost.

Investment

Investments held as fixed assets are shown at the directors estimate of current market value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

25,000

AMORTISATION

At 1 February 2024

and 31 January 2025

24,999

NET BOOK VALUE

At 31 January 2025

1

At 31 January 2024

1

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2024

224,607

Additions

5,190

At 31 January 2025

229,797

DEPRECIATION

At 1 February 2024

223,367

Charge for year

1,980

At 31 January 2025

225,347

NET BOOK VALUE

At 31 January 2025

4,450

At 31 January 2024

1,240

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 February 2024

and 31 January 2025

1,300

NET BOOK VALUE

At 31 January 2025

1,300

At 31 January 2024

1,300

Unlisted investments consist of shares held in various building merchants buying groups.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,026,147

1,165,652

Other debtors

270,500

286,207

1,296,647

1,451,859

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

64,270

91,779

Trade creditors

71,435

74,059

Taxation and social security

18,771

21,589

Other creditors

833,072

567,764

987,548

755,191

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdrafts

64,270

91,779

The company's overdraft facility is secured by a fixed charge over the company's assets and also by a personal

guarantee given by the directors.

10.	RELATED PARTY DISCLOSURES

The company is related to Professional Refurbishment Co. Limited by virtue of both companies having a common board of directors /shareholders relationship.

11.	ULTIMATE CONTROLLING PARTY

The directors are the ultimate controlling party.