Company Registration No. 5751620 (England and Wales)
Trade Petroleum LTD
Unaudited accounts
for the year ended 30 June 2017
Trade Petroleum LTD
Unaudited accounts
Contents
Trade Petroleum LTD
Company Information
for the year ended 30 June 2017
Company Number
5751620 (England and Wales)
Registered Office
UNIVERSAL HOUSE 88-94 WENTWORTH STREET
UNIT 10 FIRST FLOOR
LONDON
E1 7SA
Accountants
Delbeck Accountancy Limited
Falkner House
Mill Lane
Sawston
Cambridge
CB22 3HY
Trade Petroleum LTD
Statement of financial position
as at
30 June 2017
Cash at bank and in hand
66
661
Net current assets
66
661
Total assets less current liabilities
66
661
Creditors: amounts falling due after more than one year
(172,354)
(158,009)
Net liabilities
(172,288)
(157,348)
Called up share capital
2
2
Profit and loss account
(172,290)
(157,350)
Shareholders' funds
(172,288)
(157,348)
For the year ending 30 June 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 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 30 January 2018.
G Prezioso
Director
Company Registration No. 5751620
Trade Petroleum LTD
Notes to the Accounts
for the year ended 30 June 2017
Trade Petroleum LTD is a private company, limited by shares, registered in England and Wales, registration number 5751620. The registered office is UNIVERSAL HOUSE 88-94 WENTWORTH STREET, UNIT 10 FIRST FLOOR, LONDON, E1 7SA.
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 June 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 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.
4
Creditors: amounts falling due after more than one year
2017
2016
Other creditors
172,354
158,009
5
Share capital
2017
2016
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
6
Average number of employees
During the year the average number of employees was 0 (2016: 0).