Company Registration No. 12371808 (England and Wales)
INTERNATIONAL TRADE EXPERTS LIMITED
Unaudited accounts
for the year ended 31 March 2023
INTERNATIONAL TRADE EXPERTS LIMITED
Unaudited accounts
Contents
INTERNATIONAL TRADE EXPERTS LIMITED
Company Information
for the year ended 31 March 2023
Director
Lesley Batchelor - Collins
Company Number
12371808 (England and Wales)
Registered Office
OLD LINEN COURT
83-85 SHAMBLES STREET
BARNSLEY
SOUTH YORKSHIRE
S70 2SB
ENGLAND
Accountants
Stephen Perry & Co
38 York Road
Acomb
York
YO24 4LZ
INTERNATIONAL TRADE EXPERTS LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
7,266
9,888
Cash at bank and in hand
(1,258)
11,168
Creditors: amounts falling due within one year
(17,830)
(20,013)
Net current liabilities
(19,088)
(8,191)
Net (liabilities)/assets
(11,822)
1,697
Called up share capital
100
100
Profit and loss account
(11,922)
1,597
Shareholders' funds
(11,822)
1,697
For the year ending 31 March 2023 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 her 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 21 December 2023 and were signed on its behalf by
Lesley Batchelor - Collins
Director
Company Registration No. 12371808
INTERNATIONAL TRADE EXPERTS LIMITED
Notes to the Accounts
for the year ended 31 March 2023
INTERNATIONAL TRADE EXPERTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12371808. The registered office is OLD LINEN COURT, 83-85 SHAMBLES STREET, BARNSLEY, SOUTH YORKSHIRE, S70 2SB, ENGLAND.
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.
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:
Motor vehicles
25% Reducing Balance
Computer equipment
Straight Line over 3 Years
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
12,699
722
13,421
At 31 March 2023
12,699
722
13,421
At 1 April 2022
3,175
358
3,533
Charge for the year
2,381
241
2,622
At 31 March 2023
5,556
599
6,155
At 31 March 2023
7,143
123
7,266
At 31 March 2022
9,524
364
9,888
INTERNATIONAL TRADE EXPERTS LIMITED
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Accrued income and prepayments
-
366
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
10,277
9,773
Loans from directors
3,819
2,799
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
