Registration number: 07072244

Bullen Trading Co Ltd

Contents

Statement of Financial Position	1
Notes to the Unaudited Financial Statements	2 to 5

Bullen Trading Co Ltd

Statement of Financial Position as at 30 November 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	9,980	19,596
Current assets
Stocks		44,836	46,368
Debtors	5	86,028	73,616
Cash at bank and in hand		121,807	119,871
		252,671	239,855
Creditors: Amounts falling due within one year	6	(183,879)	(156,414)
Net current assets		68,792	83,441
Total assets less current liabilities		78,772	103,037
Provisions for liabilities		(2,495)	(4,899)
Net assets		76,277	98,138
Capital and reserves
Called up share capital		10	10
Retained earnings		76,267	98,128
Shareholders' funds		76,277	98,138

For the financial year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the Board on 13 May 2026 and signed on its behalf by:
 

......................................... Mr Christopher Bullen Director

(Registration number: 07072244)

Bullen Trading Co Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

1	General information

The company is a private company limited by share capital, incorporated in Wales.

The address of its registered office is:
Top Floor, Viaduct Buildings
Newport Road
Crumlin
NP11 3PL

These financial statements were authorised for issue by the Board on 13 May 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Bullen Trading Co Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Tenants Improvements	10% straight line
Plant & Machinery	20% straight line
Fixtures & Fittings	20% straight line
Motor vehicles	20% straight line
Office Equipment	20% straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2024 - 6).

Bullen Trading Co Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

4	Tangible assets

	Long leasehold land and buildings £	Fixtures and fittings £	Plant and machinery £	Office equipment £
Cost or valuation
At 1 December 2024	19,741	33,133	11,633	21,183
Additions	-	-	-	192
At 30 November 2025	19,741	33,133	11,633	21,375
Depreciation
At 1 December 2024	15,619	24,729	11,518	18,236
Charge for the year	1,374	2,194	57	2,175
At 30 November 2025	16,993	26,923	11,575	20,411
Carrying amount
At 30 November 2025	2,748	6,210	58	964
At 30 November 2024	4,122	8,404	115	2,947

	Motor vehicles  £	Total £
Cost or valuation
At 1 December 2024	20,040	105,730
Additions	-	192
At 30 November 2025	20,040	105,922
Depreciation
At 1 December 2024	16,032	86,134
Charge for the year	4,008	9,808
At 30 November 2025	20,040	95,942
Carrying amount
At 30 November 2025	-	9,980
At 30 November 2024	4,008	19,596

Included within the net book value of land and buildings above is £2,748 (2024 - £4,122) in respect of long leasehold land and buildings.
 

Bullen Trading Co Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

5

Debtors

Current	2025 £	2024 £
Trade debtors	80,355	69,361
Prepayments	5,298	1,311
Other debtors	375	2,944
	86,028	73,616

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	119,495	82,252
Taxation and social security	27,939	29,497
Accruals and deferred income	1,295	1,275
Other creditors	35,150	43,390
	183,879	156,414