Company Registration No. 01743627 (England and Wales)
Triad Trade Textiles Limited
Unaudited accounts
for the year ended 30 April 2017
Triad Trade Textiles Limited
Unaudited accounts
Contents
Triad Trade Textiles Limited
Company Information
for the year ended 30 April 2017
Directors
Ms Barbara I'Anson
Mrs Nicola Kelly Juggins-Stewart
Company Number
01743627 (England and Wales)
Registered Office
Triad House, Mountbatten Court
Worrall Street
Congleton
Cheshire
CW12 1DT
United Kingdom
Accountants
Tax Architecture LLP
19 Wellington Road
Burton Joyce
Nottinghamshire
NG14 5GQ
Triad Trade Textiles Limited
Statement of financial position
as at 30 April 2017
Tangible assets
17,785
18,896
Cash at bank and in hand
100,908
94,448
Creditors: amounts falling due within one year
(228,711)
(221,641)
Net current assets
6,607
11,185
Total assets less current liabilities
24,392
30,081
Provisions for liabilities
Deferred tax
(3,356)
(3,534)
Called up share capital
100
100
Profit and loss account
20,936
26,447
Shareholders' funds
21,036
26,547
For the year ending 30 April 2017 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 directors acknowledge their 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 15 November 2017.
Ms Barbara I'Anson
Director
Company Registration No. 01743627
Triad Trade Textiles Limited
Notes to the Accounts
for the year ended 30 April 2017
Triad Trade Textiles Limited is a private company, limited by shares, registered in England and Wales, registration number 01743627. The registered office is Triad House, Mountbatten Court, Worrall Street, Congleton, Cheshire, CW12 1DT, United Kingdom.
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.
These financial statements for the year ended 30 April 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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:
Plant & machinery
20& reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
20% straight line
Triad Trade Textiles Limited
Notes to the Accounts
for the year ended 30 April 2017
4
Tangible fixed assets
Plant & machinery
Trade debtors
106,910
110,913
Other debtors
26,000
26,000
7
Creditors: amounts falling due within one year
2017
2016
Trade creditors
138,972
165,332
Taxes and social security
16,539
18,754
Loans from directors
36,771
14,582
8
Transactions with related parties
Ms B I'Anson
During the year the company paid rent of £14,687 (2016 £14,687) to Ms B I'Anson for the premises at Triad House
Triad Trade Textiles Pension Scheme
Controlled by the Director, Ms B I'Anson
As at 30th April 2017, Triad Trade Textiles Pension Scheme owed the company £26,000 (2016 £26,000)
9
Average number of employees
During the year the average number of employees was 8 (2016: 8).