Company No: 10887468 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

H Rose

REGISTERED OFFICE	One Canada Square
	9th Floor
	Canary Wharf
	London
	E14 5AA
	United Kingdom

COMPANY NUMBER

10887468 (England and Wales)

ACCOUNTANT	Gravita Essex Limited
	Kings House
	101-135 Kings Road
	Brentwood
	Essex
	CM14 4DR
	United Kingdom

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	8,906		5,640
		8,906		5,640
Current assets
Stocks		507,450		335,495
Debtors	4	81,890		199,956
Cash at bank and in hand		232,670		121,503
		822,010		656,954
Creditors: amounts falling due within one year	5	( 300,432)		( 206,601)
Net current assets		521,578		450,353
Total assets less current liabilities		530,484		455,993
Net assets		530,484		455,993
Capital and reserves
Called-up share capital		100		100
Profit and loss account		530,384		455,893
Total shareholders' funds		530,484		455,993

For the financial year ending 31 July 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Trade Watches UK Limited (registered number: 10887468) were approved and authorised for issue by the Director on 13 February 2026. They were signed on its behalf by:

H Rose Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Trade Watches UK Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is One Canada Square, 9th Floor, Canary Wharf, London, E14 5AA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

25 % reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	4		5

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 August 2024	13,752		13,752
Additions	4,955		4,955
At 31 July 2025	18,707		18,707
Accumulated depreciation
At 01 August 2024	8,112		8,112
Charge for the financial year	1,689		1,689
At 31 July 2025	9,801		9,801
Net book value
At 31 July 2025	8,906		8,906
At 31 July 2024	5,640		5,640

4. Debtors

	2025		2024
	£		£
Trade debtors	61,300		129,245
Other debtors	20,590		70,711
	81,890		199,956

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	6,310		78,025
Trade creditors	72,017		29,543
Taxation and social security	70,890		21,013
Other creditors	151,215		78,020
	300,432		206,601