Company Registration No. 08292969 (England and Wales)
Direct Traders Ltd
Unaudited accounts
for the year ended 30 November 2025
Direct Traders Ltd
Unaudited accounts
Contents
Direct Traders Ltd
Company Information
for the year ended 30 November 2025
Director
Nadeem Guffoor Iqbal
Company Number
08292969 (England and Wales)
Registered Office
Clapgate Industrial Estate
Units 1-5 Clapgate
Stondon Massey
Brentwood
CM15 0LH
Accountants
SM Accountants Ltd
Cobalt Square - Suite 4G
83-85 Hagley Road
Birmingham
B16 8QG
Direct Traders Ltd
Statement of financial position
as at 30 November 2025
Tangible assets
993,920
910,219
Inventories
103,710
85,545
Cash at bank and in hand
110,236
1,099,143
Creditors: amounts falling due within one year
(295,534)
(339,728)
Net current assets
560,475
1,399,043
Total assets less current liabilities
1,554,395
2,309,262
Creditors: amounts falling due after more than one year
(5,878)
(16,138)
Net assets
1,548,517
2,293,124
Called up share capital
1
1
Profit and loss account
1,548,516
2,293,123
Shareholders' funds
1,548,517
2,293,124
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 April 2026 and were signed on its behalf by
Nadeem Guffoor Iqbal
Director
Company Registration No. 08292969
Direct Traders Ltd
Notes to the Accounts
for the year ended 30 November 2025
Direct Traders Ltd is a private company, limited by shares, registered in England and Wales, registration number 08292969. The registered office is Clapgate Industrial Estate, Units 1-5 Clapgate, Stondon Massey, Brentwood, CM15 0LH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Straight Line
Fixtures & fittings
20% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 December 2024
779,745
9,476
295,945
36,367
2,094
1,123,627
Additions
-
-
139,584
-
-
139,584
At 30 November 2025
779,745
9,476
435,529
36,367
2,094
1,263,211
At 1 December 2024
-
9,476
195,087
7,273
1,572
213,408
Charge for the year
-
-
48,088
7,273
522
55,883
At 30 November 2025
-
9,476
243,175
14,546
2,094
269,291
At 30 November 2025
779,745
-
192,354
21,821
-
993,920
At 30 November 2024
779,745
-
100,858
29,094
522
910,219
Direct Traders Ltd
Notes to the Accounts
for the year ended 30 November 2025
Amounts falling due within one year
Trade debtors
294,738
369,344
Accrued income and prepayments
35,807
22,500
Other debtors
311,518
162,239
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
110,908
163,337
Taxes and social security
86,701
170,116
Proposed dividends
25,000
-
Loans from directors
3,480
-
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 8 (2024: 8).