0 0 Trademack Ltd 12515543 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is patent and copyright agents. Digita Accounts Production Advanced 6.30.9574.0 true true 12515543 2024-04-01 2025-03-31 12515543 2025-03-31 12515543 bus:OrdinaryShareClass1 2025-03-31 12515543 core:CurrentFinancialInstruments 2025-03-31 12515543 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 12515543 bus:SmallEntities 2024-04-01 2025-03-31 12515543 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 12515543 bus:FilletedAccounts 2024-04-01 2025-03-31 12515543 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 12515543 bus:RegisteredOffice 2024-04-01 2025-03-31 12515543 bus:Director1 2024-04-01 2025-03-31 12515543 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 12515543 bus:OrdinaryShareClass2 2024-04-01 2025-03-31 12515543 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12515543 core:EntityWithJointControlOrSignificantInfluence1 2024-04-01 2025-03-31 12515543 core:EntityWithJointControlOrSignificantInfluence2 2024-04-01 2025-03-31 12515543 core:EntityWithJointControlOrSignificantInfluence3 2024-04-01 2025-03-31 12515543 core:ParentEntities 2024-04-01 2025-03-31 12515543 countries:EnglandWales 2024-04-01 2025-03-31 12515543 2023-04-01 2024-03-31 12515543 2024-03-31 12515543 bus:OrdinaryShareClass1 2024-03-31 12515543 core:CurrentFinancialInstruments 2024-03-31 12515543 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 12515543 bus:OrdinaryShareClass2 2023-04-01 2024-03-31 xbrli:pure iso4217:GBP xbrli:shares

Registration number: 12515543

Trademack Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2025

Trademack Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 7

Trademack Ltd

Company Information

Director | Mr K H Landsverk

Registered office | 50 Sloane Avenue London SW3 3DD

Trademack Ltd

(Registration number: 12515543)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Current assets |  |  |
Debtors | 5 | 2,574,748 | 2,353,465
Cash at bank and in hand |  | 1,239 | 1,750
|  | 2,575,987 | 2,355,215
Creditors: Amounts falling due within one year | 6 | (588,997) | (393,904)
Net assets |  | 1,986,990 | 1,961,311
Capital and reserves |  |  |
Called up share capital | 7 | 1,801,000 | 1,801,000
Retained earnings |  | 185,990 | 160,311
Shareholders' funds |  | 1,986,990 | 1,961,311

For the financial year ending 31 March 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 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 20 July 2026

......................................... Mr K H Landsverk Director

Trademack Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

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

The address of its registered office is:
50 Sloane Avenue
London
SW3 3DD

Principal activity

The principal activity of the Company is patent and copyright agents.

These financial statements were authorised for issue by the director on 20 July 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.

Going concern

These financial statements have been prepared on the going concern basis, which assumes that the company will be able to meet its financial obligations as they fall due for payment for the foreseeable future. The company made a profit in the year and has net current assets.

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.
The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Trademack Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current 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.

Financial instruments

Classification
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans to/from related parties and investments in non-puttable ordinary shares.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors

Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.
Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trademack Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Significant judgements and key sources of estimation uncertainty

Judgements

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director's opinion there are no further significant judgements or key sources of estimation uncertainty.

4 | Staff numbers

The average number of persons employed by the Company (including the director) during the year, was 0 (2024 - 0).

5 | Debtors

Current | Note | 2025 £ | 2024 £
Trade debtors |  | 492,299 | 190,393
Amounts owed by related parties | 9 | 777,601 | 657,731
Prepayments |  | 1,304,848 | 1,505,341
|  | 2,574,748 | 2,353,465

Trademack Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Trade creditors |  | 473,926 | 255,742
Amounts owed to Group undertakings and undertakings in which the Company has a participating interest | 9 | 25,785 | 25,784
Taxation and social security |  | 76,440 | 46,726
Accruals and deferred income |  | 10,500 | 7,000
Other creditors |  | 2,346 | 58,652
|  | 588,997 | 393,904

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 1,801,000 | 1,801,000 | 1,801,000 | 1,801,000

8 | Dividends

Final dividends paid

|  | 2025 £ |  | 2024 £
Final dividend of £Nil per each Ordinary shares |  | - |  | -

Trademack Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

9 | Related party transactions

Other transactions with the director

At the balance sheet date the company owed the director £2,344 (2024: £733). This is made up of loans to the company of £2,119 (2024: £1,300) for working capital and repayments to the director of £508 (2024: £Nil).

Summary of transactions with parent

Trademack Holdco 1 Ltd
At the balance sheet date the company was owed £777,164 from its parent company, Tradmack Holdco 1 Ltd (2024: £599,158). The company made payments on behalf of Trademack Holdco 1 Ltd of £178,616 (2024: £Nil) and received repayments of £610 (2024: Nil)
The loan is interest free and repayable on demand.

Summary of transactions with all entities with joint control or significant interest

Trademack IP AS At the balance sheet date, the company owed Trademack IP AS, a company under common control £25,785 (2024: £25,785). The loan is interest free and repayable on demand.
Trademack Europe EOOD Bulgaria At the balance sheet date, the company was owed £437 (2024: £Nil) by Trademack Europe EOOD Bulgaria, a company under common control for a payment made on its behalf (2024: £Nil). The loan is interest free and repayable on demand
Primehead Ltd During the year a debtor amount of £63,464 owed by Primehead Ltd, a company under common control, was written off as irrecoverable (2024: Nil). The balance due at 31st March 2024 was £58,574.