Traders_Worldwide_Limited_01_Nov_2025_companies_house_set_of

Traders Worldwide Limited

Statement of Financial Position

1 November 2025

		2025		2024
	Note	£		£
Fixed assets
Tangible assets	5	1,688		1,445
Current assets
Stocks		-		12,750
Debtors	6	358,957		95,436
Cash at bank and in hand		8,610		3,766
		367,567		111,952
Creditors: amounts falling due within one year	7	(388,169	)	(133,524	)
Net current liabilities		(20,602	)	(21,572	)
Total assets less current liabilities		(18,914	)	(20,127	)
Capital and reserves
Called up share capital		1		1
Profit and loss account		(18,915	)	(20,128	)
Shareholders deficit		(18,914	)	(20,127	)

For the year ending

1 November 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 year in question in accordance with section 476;
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

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.

These

financial statements

were approved by the board of directors and authorised for issue on

3 July 2026

, and are signed on behalf of the board by:

A Dudhwala

Director

Company registration number:

08467059

Traders Worldwide Limited

Notes to the Financial Statements

Year ended

1 November 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is

8 Moss Bank

Manchester

M8 5AB

, United Kingdom.

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The

financial statements

have been prepared on the historical cost basis, as modified by the revaluation of certain assets.

The

financial statements

are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.

Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the year was nil (2024: nil).

5 Tangible assets

	Plant and machinery etc.
	£
Cost
At 2 November 2024	3,345
Additions	745
At 1 November 2025	4,090
Depreciation
At 2 November 2024	1,900
Charge	502
At 1 November 2025	2,402
Carrying amount
At 1 November 2025	1,688
At 1 November 2024	1,445

6 Debtors

	2025		2024
	£		£
Trade debtors	358,957		95,436

7 Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	9,166	19,167
Trade creditors	5,342	6,156
Amounts owed to group undertakings and undertakings in which the company has a participating interest	336,307	110,593
Taxation and social security	14,703	5,007
Other creditors	22,651	(7,399	)
	388,169	133,524