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Registered Number: 15094879
England and Wales

 

 

 

MR7TRADE LTD



Unaudited Financial Statements
 


Period of accounts

Start date: 01 September 2024

End date: 31 August 2025
Director Mustafa Rasoli
Registered Number 15094879
Registered Office 51 TEINDLAND CLOSE
Newcastle Upon Tyne
Tyne & Wear
NE4 8HE
Accountants Acumen Accounting
364 West Road
Newcastle Upon Tyne
Tyne & Wear
NE4 9JY
1
 
 
Notes
 
2025
£
  2024
£
Current assets      
Cash at bank and in hand 277    610 
Creditors: amount falling due within one year 3 (5,987)   (4,850)
Net current assets (5,710)   (4,240)
 
Total assets less current liabilities (5,710)   (4,240)
Net assets (5,710)   (4,240)
 

Capital and reserves
     
Called up share capital 4 100    100 
Profit and loss account (5,810)   (4,340)
Shareholders' funds (5,710)   (4,240)
 


For the year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the director on 22 May 2026 and were signed by:


-------------------------------
Mustafa Rasoli
Director
2
General Information
MR7TRADE LTD is a private company, limited by shares, registered in England and Wales, registration number 15094879, registration address 51 TEINDLAND CLOSE, Newcastle Upon Tyne, Tyne & Wear, NE4 8HE.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 0 (2024 : 0).
3.

Creditors: amount falling due within one year

2025
£
  2024
£
Accrued Expenses 1,900    950 
Other Creditors (1)  
Directors' Current Accounts 4,088    3,900 
5,987    4,850 

4.

Share Capital

Allotted, called up and fully paid
2025
£
  2024
£
100 Class A shares of £1.00 each 100    100 
100    100 

3