Company Registration No. 08156269 (England and Wales)
ETRADER DIRECT LTD
Unaudited accounts
for the year ended 30 July 2022
ETRADER DIRECT LTD
Unaudited accounts
Contents
ETRADER DIRECT LTD
Company Information
for the year ended 30 July 2022
Company Number
08156269 (England and Wales)
Accountants
AK ACCOUNTANTS
562-564 MANCHESTER ROAD
BRADFORD
WEST YORKSHIRE
BD5 7LR
ETRADER DIRECT LTD
Accountants' report
Accountants' report to the director of ETRADER DIRECT LTD on the preparation of the unaudited statutory accounts for the year ended 30 July 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
ETRADER DIRECT LTD for the year ended
30 July 2022 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of ETRADER DIRECT LTD, as a body, in accordance with the terms of our engagement letter dated 25 July 2012. Our work has been undertaken solely to prepare for your approval the accounts of ETRADER DIRECT LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ETRADER DIRECT LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that ETRADER DIRECT LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of ETRADER DIRECT LTD. You consider that ETRADER DIRECT LTD 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 accounts of ETRADER DIRECT LTD. 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 accounts.
AK ACCOUNTANTS
562-564 MANCHESTER ROAD
BRADFORD
WEST YORKSHIRE
BD5 7LR
28 February 2023
ETRADER DIRECT LTD
Statement of financial position
as at 30 July 2022
Inventories
94,255
110,584
Cash at bank and in hand
1,573
7,700
Creditors: amounts falling due within one year
(67,172)
(65,298)
Net current assets
28,656
55,436
Total assets less current liabilities
29,312
56,256
Creditors: amounts falling due after more than one year
(43,311)
(50,000)
Net (liabilities)/assets
(13,999)
6,256
Profit and loss account
(13,999)
6,256
Shareholders' funds
(13,999)
6,256
For the year ending 30 July 2022 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.
The financial statements were approved by the Board and authorised for issue on 28 February 2023 and were signed on its behalf by
MUNSIF KHAN
Director
Company Registration No. 08156269
ETRADER DIRECT LTD
Notes to the Accounts
for the year ended 30 July 2022
ETRADER DIRECT LTD is a private company, limited by shares, registered in England and Wales, registration number 08156269.
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:
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
ETRADER DIRECT LTD
Notes to the Accounts
for the year ended 30 July 2022
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
-
1,332
Loans from directors
53,927
56,187
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 2 (2021: 2).