UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

MOPANI TRADING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P A Crank

REGISTERED OFFICE:

c/o Mopani Trading Ltd

Unit D1

Ford Airfield Industrial Estate

Rollaston

Yapton

BN18 0HY

REGISTERED NUMBER:

07001337 (England and Wales)

ACCOUNTANTS:

Evans Weir

The Victoria

25 St Pancras

Chichester

West Sussex

PO19 7LT

FIXED ASSETS

Tangible assets

4

14,524

20,460

CURRENT ASSETS

Stocks

6,343

4,449

Debtors

5

20,945

24,968

Cash at bank and in hand

7,998

9,597

35,286

39,014

CREDITORS

Amounts falling due within one year

6

83,929

89,206

NET CURRENT LIABILITIES

(48,643

)

(50,192

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(34,119

)

(29,732

)

CREDITORS

Amounts falling due after more than one year

7

4,229

11,479

NET LIABILITIES

(38,348

)

(41,211

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(38,349

)

(41,212

)

SHAREHOLDERS' FUNDS

(38,348

)

(41,211

)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 7th November 2025 and were signed by:

P A Crank - Director

1.	STATUTORY INFORMATION

Mopani Trading 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

Basis of preparing the financial statements

The financial statements have been prepared on the the going concern basis which the director considers to be appropriate on the basis that there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.The director has confirmed his continued support and considers that the company retains sufficient working capital to continue to trade for the foreseeable future.

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 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.

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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Creditors

Short term creditors are measured at the transaction price.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans from third parties.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2024

108,829

Additions

7,795

At 31st March 2025

116,624

DEPRECIATION

At 1st April 2024

88,369

Charge for year

13,731

At 31st March 2025

102,100

NET BOOK VALUE

At 31st March 2025

14,524

At 31st March 2024

20,460

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

8,979

14,983

Other debtors

11,966

9,985

20,945

24,968

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

7,250

7,250

Trade creditors

17,271

16,473

Other creditors

59,408

65,483

83,929

89,206

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

4,229

11,479

8.	RELATED PARTY DISCLOSURES

P Crank, a director of the company, has made loans to the company totalling £56,963, the loans are interest free and repayments will only be made when the company has sufficient working capital.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is P A Crank.