Trade Frames Nottingham Ltd - Filleted accounts

Registered number

07497199

Trade Frames Nottingham Ltd

Filleted Accounts

31 October 2025

Trade Frames Nottingham Ltd
Registered number:		07497199
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		52,381			86,901

Current assets
Stocks		6,030			23,237
Debtors	4	532,166			571,728
Cash at bank and in hand		69,700			92,017
		607,896			686,982

Creditors: amounts falling due within one year	5	(347,983)			(369,460)

Net current assets			259,913			317,522

Total assets less current liabilities			312,294			404,423

Creditors: amounts falling due after more than one year	6		(68,555)			(160,172)

Provisions for liabilities			(9,952)			(16,511)


Net assets			233,787			227,740

Capital and reserves
Called up share capital			200			200
Profit and loss account			233,587			227,540

Shareholders' funds			233,787			227,740

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mark Clifford Johnson
Director
Approved by the board on 30 July 2026

Trade Frames Nottingham Ltd
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			7		7


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 November 2024	11,937		189,582		201,519
	Additions	325		-		325
	Disposals	-		(18,193)		(18,193)
	At 31 October 2025	12,262		171,389		183,651

	Depreciation
	At 1 November 2024	10,660		103,958		114,618
	Charge for the year	1,208		33,637		34,845
	On disposals	-		(18,193)		(18,193)
	At 31 October 2025	11,868		119,402		131,270

	Net book value
	At 31 October 2025	394		51,987		52,381
	At 31 October 2024	1,277		85,624		86,901


4	Debtors			2025		2024
£					£

	Trade debtors			141,557		186,679
	Amounts owed by group undertakings and undertakings in which the company has a participating interest			359,900		359,900
	Other debtors			30,709		25,149
				532,166		571,728


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			314,797		361,635
	Taxation and social security costs			29,484		(1,061)
	Directors Loan Account			-		409
	Other creditors			3,702		8,477
				347,983		369,460


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			36,308		104,269
	Obligations under finance lease and hire purchase contracts			32,247		55,903
				68,555		160,172


7	Other information

	Trade Frames Nottingham Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Units 3&4 Ashbourne Court
	Manners Industrial Estate
	Ilkeston
	Derbyshire
	DE7 8EF