REGISTERED NUMBER: 11529435 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 FEBRUARY 2025 TO 31 DECEMBER 2025

FOR

FENTRADE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B P Jones

C M Reeks

REGISTERED OFFICE:

Unit 2a

Adelaide Street

Newport

Gwent

NP20 5NF

REGISTERED NUMBER:

11529435 (England and Wales)

ACCOUNTANTS:

Baker Knoyle Chartered Accountants

Orbit Business Centre

Merthyr Tydfil

CF48 1DL

FIXED ASSETS

Tangible assets

4

187,321

188,602

CURRENT ASSETS

Stocks

121,522

129,697

Debtors

5

378,178

66,393

Cash at bank and in hand

54,828

201,554

554,528

397,644

CREDITORS

Amounts falling due within one year

6

301,010

185,905

NET CURRENT ASSETS

253,518

211,739

TOTAL ASSETS LESS CURRENT LIABILITIES

440,839

400,341

CREDITORS

Amounts falling due after more than one year

7

(76,088

)

(85,763

)

PROVISIONS FOR LIABILITIES

(46,251

)

(46,485

)

NET ASSETS

318,500

268,093

CAPITAL AND RESERVES

Called up share capital

104

104

Retained earnings

318,396

267,989

318,500

268,093

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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.

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 23 July 2026 and were signed on its behalf by:

B P Jones - Director

1.	STATUTORY INFORMATION

Fentrade 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.

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.

Plant and machinery etc

-

25% on cost, 20% on cost and 10% on cost

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 14 (2025 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2025

276,784

Additions

33,887

At 31 December 2025

310,671

DEPRECIATION

At 1 February 2025

88,182

Charge for period

35,168

At 31 December 2025

123,350

NET BOOK VALUE

At 31 December 2025

187,321

At 31 January 2025

188,602

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2025

£

£

Trade debtors

216,925

44,489

Amounts owed by group undertakings

98,735

-

Other debtors

62,518

21,904

378,178

66,393

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2025

£

£

Bank loans and overdrafts

12,627

5,503

Hire purchase contracts (see note 8)

29,602

26,607

Trade creditors

132,028

63,597

Taxation and social security

57,691

42,686

Other creditors

69,062

47,512

301,010

185,905

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2025

£

£

Bank loans

20,319

25,478

Hire purchase contracts (see note 8)

55,769

60,285

76,088

85,763

2025

2025

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

1,546

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2025

£

£

Net obligations repayable:

Within one year

29,602

26,607

Between one and five years

55,769

60,285

85,371

86,892

Non-cancellable

operating leases

2025

2025

£

£

Within one year

15,731

-

9.	GUARANTEES AND OTHER FINANCIAL COMMITMENTS

The company has future operating lease commitments of £15,731 (2025 -£46,750).

(New Lease for both Unit 12 & 12A £33,000pa for 5 years from 24.06.21 to 23.06.26 - 174/1825 days remaining commitment £15,731)