REGISTERED NUMBER: 09180445 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

OP TRADING LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

O McMahon

P I Thompson

REGISTERED OFFICE:

1 Nelson Mews

Southend on Sea

Essex

SS1 1AL

REGISTERED NUMBER:

09180445 (England and Wales)

ACCOUNTANTS:

Goldwyns Limited

Chartered Accountants

1 Nelson Mews

Southend on Sea

Essex

SS1 1AL

FIXED ASSETS

Tangible assets

4

107,664

116,528

CURRENT ASSETS

Debtors

-

9,750

Cash at bank

14,014

241

14,014

9,991

CREDITORS

Amounts falling due within one year

378,349

519,372

NET CURRENT LIABILITIES

(364,335

)

(509,381

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(256,671

)

(392,853

)

CREDITORS

Amounts falling due after more than one year

-

18,896

NET LIABILITIES

(256,671

)

(411,749

)

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

(256,771

)

(411,849

)

SHAREHOLDERS' FUNDS

(256,671

)

(411,749

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 November 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 8 July 2026 and were signed on its behalf by:

P I Thompson - Director

1.	STATUTORY INFORMATION

OP 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.

The company's place of business differs from its registered office but is also located in Southend-on-Sea.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

4.5% on cost

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 December 2024

546,435

Disposals

(74,000

)

At 30 November 2025

472,435

DEPRECIATION

At 1 December 2024

429,907

Charge for year

8,864

Eliminated on disposal

(74,000

)

At 30 November 2025

364,771

NET BOOK VALUE

At 30 November 2025

107,664

At 30 November 2024

116,528

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 December 2024

74,000

Disposals

(74,000

)

At 30 November 2025

-

DEPRECIATION

At 1 December 2024

74,000

Eliminated on disposal

(74,000

)

At 30 November 2025

-

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

-

5.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

-

16,400

Between one and five years

-

10,794

-

27,194

Non-cancellable

operating leases

2025

2024

£

£

Within one year

56,000

56,000

Between one and five years

238,000

224,000

In more than five years

-

70,000

294,000

350,000

6.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

9,005

38,422

Hire purchase contracts

-

27,194

9,005

65,616

The company's bank holds a fixed and floating charge over the assets of the company.

The Bounce Back loan is secured by a guarantee from the UK Government under the Bounce Back Loan Scheme. Hire purchase liabilities are secured on the assets to which they relate.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

100

100

100

8.	GOING CONCERN

The financial statements show that at 30 November 2025 the company had a deficiency of net assets amounting to £256,671 (2024 - £411,749). The continuation of the company's activities is dependent on the continued support of its directors. The financial statements are therefore drawn up under the historical cost convention and on a going concern basis.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Directors' Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of OP Trading Limited for the year ended 30 November 2025 which comprise the Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of OP Trading Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of OP Trading Limited and state those matters that we have agreed to state to the Board of Directors of OP Trading Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than OP Trading Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that OP Trading Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of OP Trading Limited. You consider that OP Trading Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of OP Trading Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Goldwyns Limited

Chartered Accountants

1 Nelson Mews

Southend on Sea

Essex

SS1 1AL

8 July 2026