Trade Radiators Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09042874 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

TRADE RADIATORS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J C H Auckland

Mr N R Auckland

SECRETARY:

Mr J C H Auckland

REGISTERED OFFICE:

12 Victoria Road

Barnsley

South Yorkshire

S70 2BB

REGISTERED NUMBER:

09042874 (England and Wales)

ACCOUNTANTS:

Xeinadin Barnsley Limited

12 Victoria Road

Barnsley

South Yorkshire

S70 2BB

BANKERS:

Yorkshire Bank

11 Smithy Row

Nottingham

Nottinghamshire

NG1 2AU

FIXED ASSETS

Tangible assets

4

3,261

4,873

Investments

5

532,786

624,976

536,047

629,849

CURRENT ASSETS

Stocks

6

29,587

38,110

Debtors

7

2,223,538

2,195,975

Cash at bank

114,645

94,061

2,367,770

2,328,146

CREDITORS

Amounts falling due within one year

8

638,196

541,351

NET CURRENT ASSETS

1,729,574

1,786,795

TOTAL ASSETS LESS CURRENT LIABILITIES

2,265,621

2,416,644

PROVISIONS FOR LIABILITIES

158

1,218

NET ASSETS

2,265,463

2,415,426

CAPITAL AND RESERVES

Called up share capital

9

300

Share premium

1,778,000

Retained earnings

487,163

637,126

SHAREHOLDERS' FUNDS

2,265,463

2,415,426

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 7 October 2026 and were signed on its behalf by:

Mr J C H Auckland - Director

1.	STATUTORY INFORMATION

Trade Radiators 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Trade Radiators Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Significant judgements and estimates

No judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements.

There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carrying amount of assets and liabilities within the next financial year.

Turnover

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts

Turnover from the sale of radiators and bathroom furniture is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount off turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on dispatch of the goods.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes all costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Fixtures and fittings

- 20% on cost

Equipment

- 33% on cost

Stocks

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

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through the profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

Equipment

Totals

£

COST

At 1 February 2025

7,667

21,378

29,045

Additions

-

988

At 31 January 2026

7,667

22,366

30,033

DEPRECIATION

At 1 February 2025

5,704

18,468

24,172

Charge for year

589

2,011

2,600

At 31 January 2026

6,293

20,479

26,772

NET BOOK VALUE

At 31 January 2026

1,374

1,887

3,261

At 31 January 2025

1,963

2,910

4,873

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 February 2025

624,976

Additions

317,922

Disposals

(446,552

)

Revaluations

36,440

At 31 January 2026

532,786

NET BOOK VALUE

At 31 January 2026

532,786

At 31 January 2025

624,976

6.

STOCKS

31.1.26

31.1.25

£

Stocks

29,587

38,110

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

Amounts owed by group undertakings

2,218,614

2,193,295

Prepayments and accrued income

4,924

2,680

2,223,538

2,195,975

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

Trade creditors

451,146

431,967

Corporation tax

13,467

-

Social security and other taxes

4,493

4,210

VAT

74,310

74,280

Other creditors

70,913

12,940

Directors' current accounts

21,640

15,618

Accruals and deferred income

2,227

2,336

638,196

541,351

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

300

Ordinary

£1

300

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2026 and 31 January 2025:

31.1.26

31.1.25

£

Mr J C H Auckland and Mr N R Auckland

Balance outstanding at start of year

-

5,293

Amounts repaid

-

(5,293

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

11.	ULTIMATE CONTROLLING PARTY

The ultimate parent undertaking is Trade Investment & Holdings Ltd.

The parent company's registered office address is;

Hall Farm house

Chapel Lane

Costock

Loughborough

LE12 6UY