REGISTERED NUMBER: 04408015 (England and Wales)

Financial Statements for the Year Ended 31st March 2025

for

Major Trading Co. Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N E Nathan

SECRETARY:

E Nathan

REGISTERED OFFICE:

Unit 39 Stadium Business Centre

North End Road

Wembley

Middlesex

HA9 0AT

REGISTERED NUMBER:

04408015 (England and Wales)

ACCOUNTANTS:

Vitta Advisory Limited

54 Newberries Avenue

Radlett

WD7 7EP

FIXED ASSETS

Tangible assets

4

3,623

4,346

Investment property

5

1,410,151

1,410,151

1,413,774

1,414,497

CURRENT ASSETS

Stocks

267,782

327,665

Debtors

6

159,841

101,242

Investments

7

46,901

35,895

Cash at bank

36,085

144,622

510,609

609,424

CREDITORS

Amounts falling due within one year

8

(711,603

)

(855,258

)

NET CURRENT LIABILITIES

(200,994

)

(245,834

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,212,780

1,168,663

CREDITORS

Amounts falling due after more than one year

9

(350,000

)

(350,000

)

NET ASSETS

862,780

818,663

CAPITAL AND RESERVES

Called up share capital

1

1

Fair value reserve

(76,849

)

(76,849

)

Retained earnings

939,628

895,511

862,780

818,663

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 28th October 2025 and were signed by:

N E Nathan - Director

1.	STATUTORY INFORMATION

Major Trading Co. 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.

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 as modified by the revaluation of certain assets.

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.

Plant and machinery

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1st April 2024

and 31st March 2025

39,950

8,807

48,757

DEPRECIATION

At 1st April 2024

39,238

5,173

44,411

Charge for year

178

545

723

At 31st March 2025

39,416

5,718

45,134

NET BOOK VALUE

At 31st March 2025

534

3,089

3,623

At 31st March 2024

712

3,634

4,346

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2024

and 31st March 2025

1,410,151

NET BOOK VALUE

At 31st March 2025

1,410,151

At 31st March 2024

1,410,151

The fair value of investment property has been arrived at on the basis of a valuation carried out personally by the Directors. The valuation was made on an open market value basis by reference to market evidence of transactions prices for similar properties.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

60,805

84,491

Other debtors

99,036

16,751

159,841

101,242

7.	CURRENT ASSET INVESTMENTS

31/3/25

31/3/24

£

£

Listed investments

6,193

566

Unlisted investments

40,708

35,329

46,901

35,895

Market value of listed investments at 31st March 2025 - £ 6,193 (2024 - £ 566 ).

Included in current asset investments are listed investments held at fair value, based on the quoted market values at the Balance Sheet date.

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

50,582

19,510

Taxation and social security

59,215

88,515

Other creditors

601,806

747,233

711,603

855,258

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans

350,000

350,000