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Company Registration No. 10060654 (England and Wales)
TRUSTED FOUNDATIONS LIMITED Unaudited accounts for the year ended 31 March 2023
TRUSTED FOUNDATIONS LIMITED Unaudited accounts Contents
Page
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TRUSTED FOUNDATIONS LIMITED Company Information for the year ended 31 March 2023
Director
TIMOTHY JOHN HAIGH
Company Number
10060654 (England and Wales)
Registered Office
55 GILSTEAD LANE BINGLEY BRADFORD WEST YORKSHIRE BD16 3NL
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TRUSTED FOUNDATIONS LIMITED Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,434 
6,792 
Current assets
Debtors
528 
- 
Cash at bank and in hand
68,475 
55,617 
69,003 
55,617 
Creditors: amounts falling due within one year
(4,598)
(1,777)
Net current assets
64,405 
53,840 
Total assets less current liabilities
69,839 
60,632 
Creditors: amounts falling due after more than one year
(22,800)
(30,000)
Net assets
47,039 
30,632 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
47,038 
30,631 
Shareholders' funds
47,039 
30,632 
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 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 13 September 2023 and were signed on its behalf by
TIMOTHY JOHN HAIGH Director Company Registration No. 10060654
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TRUSTED FOUNDATIONS LIMITED Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
TRUSTED FOUNDATIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10060654. The registered office is 55 GILSTEAD LANE, BINGLEY, BRADFORD, WEST YORKSHIRE, BD16 3NL.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
3,455 
8,833 
12,288 
At 31 March 2023
3,455 
8,833 
12,288 
Depreciation
At 1 April 2022
2,394 
3,102 
5,496 
Charge for the year
212 
1,146 
1,358 
At 31 March 2023
2,606 
4,248 
6,854 
Net book value
At 31 March 2023
849 
4,585 
5,434 
At 31 March 2022
1,061 
5,731 
6,792 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
528 
- 
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TRUSTED FOUNDATIONS LIMITED Notes to the Accounts for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
42 
- 
Trade creditors
- 
71 
Taxes and social security
4,556 
1,706 
4,598 
1,777 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
22,800 
30,000 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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