REGISTERED NUMBER: 09862341 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

NC TRADE UK LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTOR:

Mrs E Apergi

REGISTERED OFFICE:

7 Hyperion Tower

Pump House Crecsent

Brentfod

London

TW8 0FZ

REGISTERED NUMBER:

09862341 (England and Wales)

ACCOUNTANTS:

Chris Skarparis & Co Ltd

Chartered Accountants

2nd Floor

10(b) Aldermans Hill

Palmers Green

London

N13 4PJ

FIXED ASSETS

Tangible assets

4

491

613

CURRENT ASSETS

Stocks

850

750

Debtors

5

5,405

2,985

Cash at bank and in hand

312

531

6,567

4,266

CREDITORS

Amounts falling due within one year

6

709

760

NET CURRENT ASSETS

5,858

3,506

TOTAL ASSETS LESS CURRENT LIABILITIES

6,349

4,119

CREDITORS

Amounts falling due after more than one year

7

140,340

127,000

NET LIABILITIES

(133,991

)

(122,881

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(134,091

)

(122,981

)

SHAREHOLDERS' FUNDS

(133,991

)

(122,881

)

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 director acknowledges her 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 July 2026 and were signed by:

Mrs E Apergi - Director

1.	STATUTORY INFORMATION

NC Trade UK Ltd is a private company,limited by shares, registered in England and Wales.The company 's registered number is 09862341 and registered office address is 7 Hyperion Tower, Pump House Crescent, Brentfod, London, TW8 0FZ.

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 each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Going concern

The directors have considered the working capital position of the company and future working capital requirements, including any impact from the ongoing conflict in Ukraine and high interest rates in the UK and are satisfied that the company will be able to meet its liabilities as they fall due for a period of not less than one year from date of approval of these financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2024

and 30 November 2025

1,497

DEPRECIATION

At 1 December 2024

884

Charge for year

122

At 30 November 2025

1,006

NET BOOK VALUE

At 30 November 2025

491

At 30 November 2024

613

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

4,942

2,671

VAT

463

314

5,405

2,985

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade creditors

1

-

Directors' current accounts

108

210

Accrued expenses

600

550

709

760

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Directors' loan accounts

140,340

127,000

8.	DIRECTOR'S LOAN

Included in Creditors - amounts falling due after more than one year is a loan of £140,340 (2024: £127,000 ) due to the Director. This loan is recognised at transaction price. The director's loan is not due until after more than 1 year and is interest free.

9.	GOING CONCERN

The Financial Statements have been prepared on a going concern basis. The company has Net Liabilities of £133,991 (2023: £122,881). The directors have restructured the business and are confident that in the future the results will improve, strengthening the company's Balance Sheet.

The directors have considered the working capital position of the company and future working capital requirements, including any impact from the ongoing conflict in Ukraine and high interest rates in the UK and are satisfied that the company will be able to meet its liabilities as they fall due for a period of not less than one year from date of approval of these financial statements.

The following reproduces the text of the report prepared for the director 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 Report of the Director 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 NC Trade UK Ltd for the year ended 30 November 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity 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 director of NC Trade UK Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of NC Trade UK Ltd and state those matters that we have agreed to state to the director of NC Trade UK Ltd 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 NC Trade UK Ltd and its director for our work or for this report.

It is your duty to ensure that NC Trade UK Ltd 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 loss of NC Trade UK Ltd. You consider that NC Trade UK Ltd 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 NC Trade UK Ltd. 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.

Chris Skarparis & Co Ltd

Chartered Accountants

2nd Floor

10(b) Aldermans Hill

Palmers Green

London

N13 4PJ

27 July 2026