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Registration number: 08756030

Choughs Trades Ltd
Unaudited Filleted Financial Statements
for the Year Ended 30 April 2026

Choughs Trades Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 6

Choughs Trades Ltd

Company Information

Director | Alexander Stuthridge

Registered office | 79-81 Boslowick Road Falmouth Cornwall TR11 4QD

Accountants | Julia Evans Accountants Ltd 79-81 Boslowick Road Falmouth Cornwall TR11 4QD

Choughs Trades Ltd

(Registration number: 08756030)
Balance Sheet as at 30 April 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | 90 | 120
Current assets |  |  |
Debtors | 5 | 12,846 | 535
Cash at bank and in hand |  | 1,148 | 6,707
|  | 13,994 | 7,242
Creditors: Amounts falling due within one year | 6 | (10,268) | (4,643)
Net current assets |  | 3,726 | 2,599
Net assets |  | 3,816 | 2,719
Capital and reserves |  |  |
Called up share capital | 7 | 4 | 4
Retained earnings |  | 3,812 | 2,715
Shareholders' funds |  | 3,816 | 2,719

For the financial year ending 30 April 2026 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 accounts for the year in question in accordance with section 476; and
• | The director acknowledges his 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 1 July 2026

......................................... Alexander Stuthridge Director

Choughs Trades Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

1 | General information

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

The address of its registered office is:
79-81 Boslowick Road
Falmouth
Cornwall
TR11 4QD

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

Taxation represents the sum of tax currently payable and deferred tax.
The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

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 on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Choughs Trades Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

Tangible assets

Tangible assets are stated in the balance sheet 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
Plant & machinery | 25% reducing balance

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2025 - 1).

Choughs Trades Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

4 | Tangible assets

| Other tangible assets £ | Total £
Cost or valuation
At 1 May 2025 | 558 | 558
At 30 April 2026 | 558 | 558
Depreciation
At 1 May 2025 | 438 | 438
Charge for the year | 30 | 30
At 30 April 2026 | 468 | 468
Carrying amount
At 30 April 2026 | 90 | 90
At 30 April 2025 | 120 | 120

5 | Debtors

Current | 2026 £ | 2025 £
Trade debtors | 1,390 | -
Prepayments | 119 | -
Other debtors | 11,337 | 535
| 12,846 | 535

6 | Creditors

Creditors: amounts falling due within one year

| 2026 £ | 2025 £
Due within one year |  |
Taxation and social security | 7,463 | 4,642
Accruals and deferred income | 1,105 | -
Other creditors | 1,700 | 1
| 10,268 | 4,643

Choughs Trades Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

7 | Share capital

Allotted, called up and fully paid shares

| 2026 | 2025
| No. | £ | No. | £
Ordinary shares of £1 each | 4 | 4 | 4 | 4