Trade In Limited - Accounts to registrar (filleted) - small 18.2
Trade In Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Trade In Limited |
| Financial Statements for the Year Ended 30th June 2018 |
| Trade In Limited (Registered number: 02722505) |
| Contents of the Financial Statements |
| for the year ended 30th June 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Trade In Limited |
| Company Information |
| for the year ended 30th June 2018 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| AUDITORS: |
| Chartered Accountants |
| Statutory Auditor |
| Regent's Court |
| Princess Street |
| Hull |
| East Yorkshire HU2 8BA |
| BANKERS: |
| 3rd Floor |
| 2 Whitehall Quay |
| Leeds |
| West Yorkshire |
| LS1 4HR |
| SOLICITORS: |
| Wilberforce Court |
| High Street |
| Hull |
| HU1 1YJ |
| Trade In Limited (Registered number: 02722505) |
| Balance Sheet |
| 30th June 2018 |
| 2018 | 2017 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 3 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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 on behalf by: |
| Trade In Limited (Registered number: 02722505) |
| Notes to the Financial Statements |
| for the year ended 30th June 2018 |
| 1. | STATUTORY INFORMATION |
| Trade In Limited is a |
| 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 |
| The principle accounting policies have remained unchanged from the previous year and are set out |
| below. |
| Turnover |
| Turnover consists of leasing income and trade points redeemed. Trade points sold but not yet |
| redeemed are included in creditors, until such time as they are redeemed or become unlikely to be |
| redeemed due to age. |
| Turnover is wholly attributable to the principal activities and originates in the United Kingdom. |
| Turnover is stated net of VAT. Turnover is recognised on lease rentals or redemption of the trade |
| points. |
| Taxation |
| Taxation for the year 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 taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been |
| enacted or substantively enacted by the balance sheet date. |
| 3. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Amounts owed by parent company |
| 4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Tax |
| VAT |
| Other creditors |
| 5. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| Trade In Limited (Registered number: 02722505) |
| Notes to the Financial Statements - continued |
| for the year ended 30th June 2018 |
| 6. | CONTINGENT LIABILITIES |
| The company has given unlimited guarantees in respect of the bank borrowings of fellow group |
| companies. The amount outstanding under this guarantee at 30 June 2018 was £Nil (2017 £929,332). |
| 7. | ULTIMATE CONTROLLING PARTY |
| In the opinion of the director, the company's immediate and ultimate parent company is Bonus |
| Electrical Group Limited, a company registered in England. Copies of the group financial statements of |
| Bonus Electrical Group Limited can be obtained from The Registrar of Companies, Companies House, |
| Crown Way, Cardiff CF14 3UZ. |