REGISTERED NUMBER: 12377190 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Ssm Trading Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

Fixed assets

Tangible assets

4

524,292

440,000

Current assets

Cash at bank

8,180

2,779

Creditors

Amounts falling due within one year

5

(204,158

)

(198,270

)

Net current liabilities

(195,978

)

(195,491

)

Total assets less current liabilities

328,314

244,509

Creditors

Amounts falling due after more than one year

6

(247,791

)

(247,791

)

Net assets/(liabilities)

80,523

(3,282

)

Capital and reserves

Called up share capital

100

100

Revaluation reserve

9

84,292

-

Retained earnings

(3,869

)

(3,382

)

Shareholders' funds

80,523

(3,282

)

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 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 9 September 2025 and were signed on its behalf by:

Pervaiz Maqsood - Director

A U Rahman - Director

1.	Statutory information

Ssm Trading Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

12377190

Registered office:

Marshall House, Suite 21-25

124 Middleton Road

Morden

Surrey

SM4 6RW

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.

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.

3.	Employees and directors

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

4.	Tangible fixed assets

Freehold

property

£

Cost or valuation

At 1 January 2024

440,000

Revaluations

84,292

At 31 December 2024

524,292

Net book value

At 31 December 2024

524,292

At 31 December 2023

440,000

Cost or valuation at 31 December 2024 is represented by:

Freehold

property

£

Valuation in 2024

84,292

Cost

440,000

524,292

5.

Creditors: amounts falling due within one year

31.12.24

31.12.23

£

£

Trade creditors

197,331

198,270

Other creditors

6,827

-

204,158

198,270

6.

Creditors: amounts falling due after more than one year

31.12.24

31.12.23

£

£

Bank loans (see note 7)

247,791

247,791

7.

Loans

An analysis of the maturity of loans is given below:

31.12.24

31.12.23

£

£

Amounts falling due between one and two years:

Bank loans > 1 year

247,791

247,791

8.	Provisions for liabilities

Deferred tax

£

Provided during year

16,858

Balance at 31 December 2024

16,858

**

BALANCE ABOVE AT END OF YEAR RE DEFERRED TAX ON CLIENT SCREEN OF

16,858

DOES NOT AGREE TO CURRENT YEAR TOTAL OF ACCOUNTS PER TB

-

PLEASE CHECK CLIENT SCREEN - NOTES TO FINANCIAL STATEMENTS - BALANCE SHEET ITEMS - PROVISIONS FOR LIABILITIES - MOVEMENT IN PROVISIONS ETC

Please note: a deferred tax asset should be entered as a negative balance (i.e. include a "-" sign)

9.

Reserves

Revaluation

reserve

£

Revaluation Reserves

84,292

At 31 December 2024

84,292