Tradaweb Limited - Accounts to registrar (filleted) - small 18.2
Tradaweb Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 APRIL 2019 |
| FOR |
| TRADAWEB LIMITED |
| TRADAWEB | LIMITED (REGISTERED NUMBER: 02105921) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 APRIL 2019 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 3 |
| TRADAWEB | LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 APRIL 2019 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Fenice Court |
| Phoenix Business Park |
| Eaton Socon |
| St. Neots |
| Cambridgeshire |
| PE19 8EP |
| TRADAWEB | LIMITED (REGISTERED NUMBER: 02105921) |
| STATEMENT OF FINANCIAL POSITION |
| 30 APRIL 2019 |
| 2019 | 2018 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| 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 by: |
| TRADAWEB | LIMITED (REGISTERED NUMBER: 02105921) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 APRIL 2019 |
| 1. | STATUTORY INFORMATION |
| Tradaweb Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| These financial statements for the year ended 30 April 2018 comply with FRS 102 Section 1A small entities. |
| The principal accounting policies adopted in these financial statements have remained unchanged from the |
| previous year, and have therefore been consistently applied. |
| Revenue recognition |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
| value added tax and other sales taxes. |
| Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and |
| revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or |
| receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also |
| be met before revenue is recognised: |
| Sale of goods |
| The revenue is recognised at the point of supply. |
| Sale of services |
| The revenue is recognised over the period in which the service relates to. |
| Tangible fixed assets |
| Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment |
| losses. Repairs and maintenance of assets are charged to the Statement of comprehensive income during the |
| period in which they are incurred. |
| Depreciation is charged so as to allocate the cost or valuation of assets less their residual value, over their |
| estimated useful lives on the following basis: |
| Buildings - 10% on cost. |
| Fixtures and fittings - 33% on cost and 25% on reducing balance. |
| The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if |
| appropriate, or if there is an indication of a significant change since the last reporting date. |
| Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are |
| recognised in the Statement of comprehensive income. |
| TRADAWEB | LIMITED (REGISTERED NUMBER: 02105921) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 APRIL 2019 |
| 2. | ACCOUNTING POLICIES - continued |
| Current taxation and deferred taxation |
| The tax expense for the year comprises of current and deferred tax and is recognised in the Statement of |
| comprehensive income. |
| The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively |
| enacted by the balance sheet date. |
| The current tax creditor is recognised in creditors within the balance sheet. |
| Deferred balances are recognised in respect of all timing differences that have originated but not reversed by the |
| Balance Sheet date, expect that: |
| - The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered |
| against the reversal of deferred tax liabilities or other future taxable profits; |
| - Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowance have |
| been met. |
| Deferred tax balances are not recognised in respect of permanent differences. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
| will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the |
| yearyear end and that are expected to apply to the reversal of the timing difference. |
| Deferred tax is presented within provisions for liabilities at the balance sheet date.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 or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
| substantively enacted by the statement of financial position date. |
| Trade and other debtors |
| Trade and other debtors are initially recognised at the transaction price and thereafter stated at amortised cost |
| using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of |
| discounting would be immaterial. In such cases, the debtors are stated at cost less impairment losses for bad and |
| doubtful debts. |
| Trade and other creditors |
| Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the |
| effective interest method unless the effect of discounting would be immaterial, in which case they are stated at |
| cost. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| TRADAWEB | LIMITED (REGISTERED NUMBER: 02105921) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 APRIL 2019 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST |
| At 1 May 2018 |
| Additions |
| At 30 April 2019 |
| DEPRECIATION |
| At 1 May 2018 |
| Charge for year |
| At 30 April 2019 |
| NET BOOK VALUE |
| At 30 April 2019 |
| At 30 April 2018 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade debtors |
| Prepayments |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade creditors |
| Tax |
| Social security and other taxes |
| VAT | 6,588 | 4,397 |
| Prepaid income |
| Other creditor | 726 | 749 |
| Directors' current accounts | 1,138 | 957 |
| Accrued expenses |