ETRADER DIRECT LTD

ETRADER DIRECT LTD

ETRADER DIRECT LTD - Company Information

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1 August 2018 false No description of principal activity Taxfiler 2020.9 8156269business:PrivateLimitedCompanyLtd2018-08-012019-07-30 81562692018-07-31 81562692018-08-012019-07-30 8156269business:AuditExemptWithAccountantsReport2018-08-012019-07-30 8156269business:FullAccounts2018-08-012019-07-30 81562692019-07-30 8156269business:Director12018-08-012019-07-30 81562692018-07-31 8156269core:WithinOneYear2019-07-30 8156269core:WithinOneYear2018-07-31 8156269core:AfterOneYear2019-07-30 8156269core:AfterOneYear2018-07-31 8156269core:RetainedEarningsAccumulatedLosses2019-07-30 8156269core:RetainedEarningsAccumulatedLosses2018-07-31 8156269business:SmallEntities2018-08-012019-07-30 8156269countries:EnglandWales2018-08-012019-07-30 8156269core:FurnitureFittings2018-07-31 8156269core:FurnitureFittings2019-07-30 8156269core:FurnitureFittings2018-08-012019-07-30 81562692017-08-012018-07-31 iso4217:GBP xbrli:pure
Company Registration No. 8156269 (England and Wales)
ETRADER DIRECT LTD Unaudited accounts for the period from 1 August 2018 to 30 July 2019
ETRADER DIRECT LTD Unaudited accounts Contents
Page
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ETRADER DIRECT LTD Company Information for the period from 1 August 2018 to 30 July 2019
Director
MUNSIF KHAN
Company Number
8156269 (England and Wales)
Accountants
AK ACCOUNTANTS 562-564 MANCHESTER ROAD BRADFORD WEST YORKSHIRE BD5 7LR
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ETRADER DIRECT LTD Statement of financial position as at 30 July 2019
2019 
2018 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,206 
1,419 
Current assets
Inventories
5
98,870 
59,890 
Debtors
6
5,000 
- 
Cash at bank and in hand
27,153 
10,047 
131,023 
69,937 
Creditors: amounts falling due within one year
7
(122,815)
(63,386)
Net current assets
8,208 
6,551 
Total assets less current liabilities
9,414 
7,970 
Creditors: amounts falling due after more than one year
8
(1,872)
- 
Net assets
7,542 
7,970 
Capital and reserves
Profit and loss account
7,542 
7,970 
Shareholders' funds
7,542 
7,970 
For the period ending 30 July 2019 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 30 July 2020 and were signed on its behalf by
MUNSIF KHAN Director Company Registration No. 8156269
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ETRADER DIRECT LTD Notes to the Accounts for the period from 1 August 2018 to 30 July 2019
1
Statutory information
ETRADER DIRECT LTD is a private company, limited by shares, registered in England and Wales, registration number 8156269.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 August 2018
1,669 
At 30 July 2019
1,669 
Depreciation
At 1 August 2018
250 
Charge for the period
213 
At 30 July 2019
463 
Net book value
At 30 July 2019
1,206 
At 31 July 2018
1,419 
5
Inventories
2019 
2018 
£ 
£ 
Raw materials
98,870 
59,890 
98,870 
59,890 
6
Debtors
2019 
2018 
£ 
£ 
Other debtors
5,000 
- 
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ETRADER DIRECT LTD Notes to the Accounts for the period from 1 August 2018 to 30 July 2019
7
Creditors: amounts falling due within one year
2019 
2018 
£ 
£ 
Taxes and social security
- 
227 
Other creditors
135,368 
62,712 
Loans from directors
(12,553)
447 
122,815 
63,386 
8
Creditors: amounts falling due after more than one year
2019 
2018 
£ 
£ 
Taxes and social security
1,872 
- 
9
Average number of employees
During the period the average number of employees was 0 (2018: 0).
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