Traderenown Limited - Accounts to registrar (filleted) - small 18.2

Traderenown Limited - Accounts to registrar (filleted) - small 18.2

TRADERENOWN LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v19.3.0.619 04102271 Board of Directors 1.2.19 31.1.20 31.1.20 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure041022712019-01-31041022712020-01-31041022712019-02-012020-01-31041022712018-01-31041022712018-02-012019-01-31041022712019-01-3104102271ns16:EnglandWales2019-02-012020-01-3104102271ns15:PoundSterling2019-02-012020-01-3104102271ns11:Director12019-02-012020-01-3104102271ns11:PrivateLimitedCompanyLtd2019-02-012020-01-3104102271ns11:SmallEntities2019-02-012020-01-3104102271ns11:AuditExemptWithAccountantsReport2019-02-012020-01-3104102271ns11:SmallCompaniesRegimeForDirectorsReport2019-02-012020-01-3104102271ns11:SmallCompaniesRegimeForAccounts2019-02-012020-01-3104102271ns11:FullAccounts2019-02-012020-01-3104102271ns11:Director22019-02-012020-01-3104102271ns11:CompanySecretary12019-02-012020-01-3104102271ns11:RegisteredOffice2019-02-012020-01-3104102271ns6:CurrentFinancialInstruments2020-01-3104102271ns6:CurrentFinancialInstruments2019-01-3104102271ns6:ShareCapital2020-01-3104102271ns6:ShareCapital2019-01-3104102271ns6:RetainedEarningsAccumulatedLosses2020-01-3104102271ns6:RetainedEarningsAccumulatedLosses2019-01-3104102271ns6:PlantMachinery2019-02-012020-01-3104102271ns6:PlantMachinery2019-01-3104102271ns6:PlantMachinery2020-01-3104102271ns6:PlantMachinery2019-01-3104102271ns6:CurrentFinancialInstrumentsns6:WithinOneYear2020-01-3104102271ns6:CurrentFinancialInstrumentsns6:WithinOneYear2019-01-3104102271ns11:Director112019-01-3104102271ns11:Director112018-01-3104102271ns11:Director112019-02-012020-01-3104102271ns11:Director112018-02-012019-01-3104102271ns11:Director112020-01-3104102271ns11:Director112019-01-31


REGISTERED NUMBER: 04102271 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2020

FOR

Traderenown Limited
Traderenown Limited (Registered number: 04102271)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2020




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

Traderenown Limited

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2020







DIRECTORS: P. Hooper
Mrs T.C. Hooper





SECRETARY: Mrs T.C. Hooper





REGISTERED OFFICE: 198 Leesons Hill
Chislehurst
Kent
BR7 6QH





REGISTERED NUMBER: 04102271 (England and Wales)





ACCOUNTANTS: F C Gillmore & Co Limited
198 Leesons Hill
Chislehurst
Kent
BR7 6QH
Page 1
Traderenown Limited (Registered number: 04102271)

BALANCE SHEET
31 JANUARY 2020

31.1.20 31.1.19
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,522 1,631

CURRENT ASSETS
Debtors 5 - 30,377
Cash at bank and in hand 121,985 99,227
121,985 129,604
CREDITORS
Amounts falling due within one
year
6
63,996
8,224
NET CURRENT ASSETS 57,989 121,380
TOTAL ASSETS LESS CURRENT
LIABILITIES
59,511
123,011

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 59,509 123,009
SHAREHOLDERS' FUNDS 59,511 123,011

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2020 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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
29 March 2020 and were signed on its behalf by:





P. Hooper - Director


The notes form part of these financial statements

Page 2
Traderenown Limited (Registered number: 04102271)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2020

1. STATUTORY INFORMATION

Traderenown Limited is a private company, limited by shares , registered in
England and Wales. The 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
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or
receivable, excluding discounts, rebates, value added tax and other sales
taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

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 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 balance
sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have
originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax
assessments in periods different from those in which they are recognised in
financial statements. Deferred tax is measured using tax rates and laws
that have been enacted or substantively enacted by the year end and that
are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

Page 3 continued...
Traderenown Limited (Registered number: 04102271)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2020

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2019 11,793
Additions 479
At 31 January 2020 12,272
DEPRECIATION
At 1 February 2019 10,162
Charge for year 588
At 31 January 2020 10,750
NET BOOK VALUE
At 31 January 2020 1,522
At 31 January 2019 1,631

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.20 31.1.19
£    £   
Trade debtors - 1,764
Other debtors - 28,613
- 30,377

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.20 31.1.19
£    £   
Taxation and social security 2,040 7,236
Other creditors 61,956 988
63,996 8,224

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years
ended 31 January 2020 and 31 January 2019:

31.1.20 31.1.19
£    £   
P. Hooper
Balance outstanding at start of year 28,612 11,872
Amounts advanced - 28,612
Amounts repaid (28,612 ) (11,872 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 28,612

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £71,200 (2019 - £7,680) were paid to
the directors .

Page 4 continued...
Traderenown Limited (Registered number: 04102271)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2020

8. RELATED PARTY DISCLOSURES - continued

Controlling Party


During the two years ended 31st January 2020 P Hooper,
T C Hooper, directors controlled the company by virtue of
a controlling interest of 100% of the issued ordinary share capital

Page 5
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
TRADERENOWN LIMITED

The following reproduces the text of the report prepared for the directors in
respect of the company's annual unaudited financial statements. In accordance
with the Companies Act 2006, the company is only required to file a Balance
Sheet. Readers are cautioned that the Income Statement and certain other primary
statements and the Report of the Directors are not required to be filed with the
Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we
have prepared for your approval the financial statements of Traderenown Limited
for the year ended 31 January 2020 which comprise the Income Statement, Balance
Sheet and the related notes from the company's accounting records and from
information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Traderenown Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Traderenown Limited and state those matters that we have agreed to state to the Board of Directors of Traderenown Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Traderenown Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Traderenown Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Traderenown Limited. You consider that Traderenown Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Traderenown Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






F C Gillmore & Co Limited
198 Leesons Hill
Chislehurst
Kent
BR7 6QH


16 April 2020

This page does not form part of the statutory financial statements

Page 6