Registered number
10582868
TR TRADE LTD
Unaudited Filleted Accounts
31 January 2025
TR TRADE LTD
Registered number: 10582868
Balance Sheet
as at 31 January 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 56,890 63,462
Current assets
Stocks 327,550 295,354
Debtors 4 560,536 565,044
Cash at bank and in hand 10,649 10,644
898,735 871,042
Creditors: amounts falling due within one year 5 (500,425) (531,817)
Net current assets 398,310 339,225
Total assets less current liabilities 455,200 402,687
Creditors: amounts falling due after more than one year 6 (496,445) (384,927)
Net assets (41,245) 17,760
Capital and reserves
Called up share capital 100 100
Profit and loss account (41,345) 17,660
Shareholder's funds (41,245) 17,760
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Rayhan AHMED
Director
Approved by the board on 14 January 2026
Notes to the Accounts
for the year ended 31 January 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 8 7
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 February 2024 92,760 20,000 112,760
Additions 7,650 - 7,650
At 31 January 2025 100,410 20,000 120,410
Depreciation
At 1 February 2024 39,538 9,760 49,298
Charge for the year 12,174 2,048 14,222
At 31 January 2025 51,712 11,808 63,520
Net book value
At 31 January 2025 48,698 8,192 56,890
At 31 January 2024 53,222 10,240 63,462
4 Debtors 2025 2024
£ £
Trade debtors 557,590 565,044
Other debtors 2,946 -
560,536 565,044
5 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 7,231 17,739
Trade creditors 468,680 500,000
Taxation and social security costs 24,514 11,472
Other creditors - 2,606
500,425 531,817
6 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 110,257 -
Amounts owed to group undertakings and undertakings in which the company has a participating interest 25,703 24,442
Other creditors 360,485 360,485
496,445 384,927
7 Other information
TR TRADE LTD is a private company limited by shares and incorporated in England. Its registered office is:
Arch, 153 Martha Street
London
 England
E1 2PG
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