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Company Registration No. 12356225 (England and Wales)
FARSHEED TRADERS LIMITED Unaudited accounts for the year ended 31 December 2024
FARSHEED TRADERS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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FARSHEED TRADERS LIMITED Company Information for the year ended 31 December 2024
Director
Farsheed GHULAM
Company Number
12356225 (England and Wales)
Registered Office
129 THE BROADWAY SOUTHALL SOUTHALL UB1 1LW ENGLAND
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FARSHEED TRADERS LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
38,694 
36,868 
Current assets
Inventories
1,824,534 
1,386,414 
Cash at bank and in hand
89,284 
76,697 
1,913,818 
1,463,111 
Creditors: amounts falling due within one year
5
(59,142)
(24,754)
Net current assets
1,854,676 
1,438,357 
Total assets less current liabilities
1,893,370 
1,475,225 
Creditors: amounts falling due after more than one year
6
(1,635,911)
(1,325,163)
Net assets
257,459 
150,062 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
257,458 
150,061 
Shareholders' funds
257,459 
150,062 
For the year ending 31 December 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 January 2024 and were signed on its behalf by
Farsheed GHULAM Director Company Registration No. 12356225
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FARSHEED TRADERS LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
FARSHEED TRADERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12356225. The registered office is 129 THE BROADWAY SOUTHALL, SOUTHALL, UB1 1LW, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
16,500 
37,060 
53,560 
Additions
- 
11,499 
11,499 
At 31 December 2024
16,500 
48,559 
65,059 
Depreciation
At 1 January 2024
9,280 
7,412 
16,692 
Charge for the year
1,444 
8,229 
9,673 
At 31 December 2024
10,724 
15,641 
26,365 
Net book value
At 31 December 2024
5,776 
32,918 
38,694 
At 31 December 2023
7,220 
29,648 
36,868 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
59,142 
24,754 
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FARSHEED TRADERS LIMITED Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
12,116 
22,627 
Other creditors
1,623,795 
1,302,536 
1,635,911 
1,325,163 
7
Average number of employees
During the year the average number of employees was 10 (2023: 10).
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