Company Registration No. 4203152 (England and Wales)
ITSA TRADERS LTD
Unaudited accounts
for the year ended 30 April 2017
ITSA TRADERS LTD
Unaudited accounts
Contents
ITSA TRADERS LTD
Company Information
for the year ended 30 April 2017
Company Number
4203152 (England and Wales)
Registered Office
M A ASSOCIATES
21A DUDDEN HILL LANE
LONDON
NW10 2ET
Accountants
M A Associates
21a Dudden Hill Lane
London
NW10 2ET
ITSA TRADERS LTD
Statement of financial position
as at 30 April 2017
Cash at bank and in hand
1
47,701
Creditors: amounts falling due within one year
-
(13,117)
Net current assets
1
59,107
Called up share capital
1
1
Profit and loss account
-
59,216
Shareholders' funds
1
59,217
For the year ending 30 April 2017 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 2 January 2018.
S Mahmood
Director
Company Registration No. 4203152
ITSA TRADERS LTD
Notes to the Accounts
for the year ended 30 April 2017
ITSA TRADERS LTD is a private company, limited by shares, registered in England and Wales, registration number 4203152. The registered office is M A ASSOCIATES, 21A DUDDEN HILL LANE, LONDON, NW10 2ET.
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.
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:
4
Tangible fixed assets
Computer equipment
ITSA TRADERS LTD
Notes to the Accounts
for the year ended 30 April 2017
6
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
-
3,204
Loans from directors
-
3,390
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 0 (2016: 0).
