REGISTERED NUMBER: 01135951 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

VEITCH TRADING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C R Veitch

N J Veitch

SECRETARY:

C R Veitch

REGISTERED OFFICE:

The Old Vicarage

South Stoke

Bath

BA2 7DU

REGISTERED NUMBER:

01135951 (England and Wales)

ACCOUNTANTS:

William Evans & Partners

20 Harcourt Street

London

W1H 4HG

CURRENT ASSETS

Debtors

4

502,852

890,684

Cash at bank

59,341

47,332

562,193

938,016

CREDITORS

Amounts falling due within one year

5

(8,944

)

(412,229

)

NET CURRENT ASSETS

553,249

525,787

TOTAL ASSETS LESS CURRENT LIABILITIES

553,249

525,787

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

553,149

525,687

SHAREHOLDERS' FUNDS

553,249

525,787

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

The members have not required the company to obtain an audit of its financial statements for the year 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 29 July 2026 and were signed on its behalf by:

N J Veitch - Director

1.	STATUTORY INFORMATION

Veitch 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.

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 consists of the value of sales deliveries and service work performed in the year, excluding value added tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences have been fully amortised in the current year.

Tangible fixed assets

Depreciation has been provided so as to reduce assets to their net realisable value by equal annual instalments. The rates used are 25% for computer equipment and 20% for plant and machinery and motor vehicles.

Pension costs and other post-retirement benefits

The company operates defined contribution pension schemes which are open to all qualified employees. Contributions are charged to profit as and when made. Funds are held by insurance companies and are independent of the company.

Foreign currency

Transactions in foreign currencies have been translated into sterling at average rates. Assets and liabilities of the company at the year end denominated in foreign currencies have been translated at rates ruling at the year end which have been taken as $1.3451 = £1 ( 2023: $1.254 = £1 ) for the US Dollar and €1.1454 = £1 ( 2024:€1.2047= £1 ) for the Euro. All profits and losses on translation have been dealt with as part of the gross profit of the company.

Use of assumptions and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the application of policies and reported amounts of assets and liabilities, income and expenses. The estimates and associated assumptions are based on historical experience and various other factors that are believed to be reasonable, the results of which form the basis of making judgements about carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates.

Critical estimates and assumptions are made in particular with regard to establishing depreciation periods for the group and the calculation of irrecoverable debts and provisions for obsolete and slow moving stock.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 7 ).

4.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

270,581

842,860

Other debtors

93,153

47,824

363,734

890,684

Amounts falling due after more than one year:

Trade debtors

139,118

-

Aggregate amounts

502,852

890,684

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

191,583

Taxation and social security

8,262

145,347

Other creditors

682

75,299

8,944

412,229

6.	OTHER FINANCIAL COMMITMENTS

At 31st December 2025 the company had commitments under operating leases expiring between 1 and 5 years totalling £93,250 ( 31st December 2024: £182,750).

On 1st July 2026 this lease was assigned to E-service (Europe) Limited, the current occupier of the premises.

7.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

8.	ULTIMATE CONTROLLING PARTY

Mr CR Veitch and Mr NJ Veitch are the ultimate controlling parties by virtue of their ownership of Veitch Family Holdings Limited, the parent company of Veitch Trading Limited.