Company Registration No. 05382234 (England and Wales)
Stockatrade Limited
Unaudited accounts
for the year ended 31 March 2018
Stockatrade Limited
Unaudited accounts
Contents
Stockatrade Limited
Company Information
for the year ended 31 March 2018
Company Number
05382234 (England and Wales)
Registered Office
25 CHURCH AVENUE
GOSFORTH
NEWCASTLE UPON TYNE
NE3 1AN
Accountants
Total Accounting Network
3 The Elms
Parker Avenue
Newcastle upon Tyne
NE3 4BD
Stockatrade Limited
Statement of financial position
as at 31 March 2018
Tangible assets
5,971
7,503
Cash at bank and in hand
26,686
22,603
Creditors: amounts falling due within one year
(106,965)
(128,237)
Net current liabilities
(1,007)
(1,502)
Total assets less current liabilities
4,964
6,001
Creditors: amounts falling due after more than one year
(4,421)
(5,234)
Profit and loss account
539
763
Shareholders' funds
543
767
For the year ending 31 March 2018 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.
Approved by the Board on 7 September 2018.
D Senior
Director
Company Registration No. 05382234
Stockatrade Limited
Notes to the Accounts
for the year ended 31 March 2018
Stockatrade Limited is a private company, limited by shares, registered in England and Wales, registration number 05382234. The registered office is 25 CHURCH AVENUE, GOSFORTH, NEWCASTLE UPON TYNE, NE3 1AN.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Stockatrade Limited
Notes to the Accounts
for the year ended 31 March 2018
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2017
7,828
6,500
14,328
At 31 March 2018
8,286
6,500
14,786
At 1 April 2017
3,981
2,844
6,825
Charge for the year
1,076
914
1,990
At 31 March 2018
5,057
3,758
8,815
At 31 March 2018
3,229
2,742
5,971
At 31 March 2017
3,847
3,656
7,503
Finished goods
25,820
29,035
Trade debtors
53,452
75,097
7
Creditors: amounts falling due within one year
2018
2017
Obligations under finance leases and hire purchase contracts
-
1,354
Trade creditors
35,460
75,097
Taxes and social security
20,970
14,949
Loans from directors
50,535
32,416
8
Creditors: amounts falling due after more than one year
2018
2017
Other creditors
4,421
5,234
9
Average number of employees
During the year the average number of employees was 1 (2017: 2).
