Company Registration No. 13239615 (England and Wales)
Trust-Finance Limited
Unaudited accounts
for the period from 2 March 2021 to 31 March 2022
Trust-Finance Limited
Unaudited accounts
Contents
Trust-Finance Limited
Company Information
for the period from 2 March 2021 to 31 March 2022
Company Number
13239615 (England and Wales)
Registered Office
16 The Anchor Building
2 Down Hall Road
Kingston Upon Thames
KT2 5FH
United Kingdom
Trust-Finance Limited
Statement of financial position
as at 31 March 2022
Cash at bank and in hand
2
Creditors: amounts falling due within one year
(2,208)
Profit and loss account
7,366
For the period ending 31 March 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 21 April 2023 and were signed on its behalf by
Kevin John Power
Director
Company Registration No. 13239615
Trust-Finance Limited
Notes to the Accounts
for the period from 2 March 2021 to 31 March 2022
Trust-Finance Limited is a private company, limited by shares, registered in England and Wales, registration number 13239615. The registered office is 16 The Anchor Building, 2 Down Hall Road , Kingston Upon Thames, KT2 5FH, United Kingdom.
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 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 financial statements are prepared in GBP, which is the functional currency of the entity.
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2022
Taxes and social security
1,728
Trust-Finance Limited
Notes to the Accounts
for the period from 2 March 2021 to 31 March 2022
6
Transactions with related parties
As at 31 March 2022 the company was owed £9,572 by Kevin John Power.
Kevin John Power is the director and sole shareholder of the company.
7
Average number of employees
During the period the average number of employees was 1.