REGISTERED NUMBER: 08169230 (England and Wales)

Financial Statements

for the Year Ended 31 August 2025

for

INTERNATIONAL COMMODITIES TRADING

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

Mr G Compagnoni

Mr G Garcia

Registered office:

3rd Floor

86 - 90 Paul Street

London

EC2A 4NE

Registered number:

08169230 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Current assets

Stocks

2,772,874

2,708,671

Debtors

4

223,374

1,437,712

Cash at bank and in hand

957,503

866,803

3,953,751

5,013,186

Creditors

Amounts falling due within one year

5

4,300,831

5,334,137

Net current liabilities

(347,080

)

(320,951

)

Total assets less current liabilities

(347,080

)

(320,951

)

Capital and reserves

Called up share capital

6

100

100

Retained earnings

7

(347,180

)

(321,051

)

Shareholders' funds

(347,080

)

(320,951

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 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 27 May 2026 and were signed on its behalf by:

Mr G Garcia - Director

1.	Statutory information

International Commodities Trading Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

Turnover shown in the profit and loss account represents commissions received for agency services.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts which are an integral part of the company's cash management.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern

The company had net liabilities at the year-end of £347,080 (2024: £320,951). The financial statements have been prepared on a going concern basis as the directors believe sufficient working capital has been generated post year-end for the company to continue as a going concern. In particular, the directors have reviewed and considered relevant information, including future cash flows, to take into account the impact on the business of possible scenarios alongside the measures that they can take to mitigate that impact. Based on these assessments, given the measures that could be undertaken and the current resources available, the directors have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts.

3.	Employees and directors

The average number of employees during the year was NIL (2024 - NIL).

4.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

194,118

1,407,584

Other debtors

29,256

30,128

223,374

1,437,712

5.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

4,298,481

5,332,437

Other creditors

2,350

1,700

4,300,831

5,334,137

6.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

7.

Reserves

Retained

earnings

£

At 1 September 2024

(321,051

)

Deficit for the year

(26,129

)

At 31 August 2025

(347,180

)