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REGISTERED NUMBER: 06578299 (England and Wales)













TRUTHFUL SOLUTIONS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023






TRUTHFUL SOLUTIONS LIMITED (REGISTERED NUMBER: 06578299)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


TRUTHFUL SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: D G Bird





SECRETARY: G Bird





REGISTERED OFFICE: 255 Green Lanes
Palmers Green
London
N13 4XE





REGISTERED NUMBER: 06578299 (England and Wales)





ACCOUNTANTS: John Crook & Partners
Chartered Accountants
255 Green Lanes
Palmers Green
London
N13 4XE

TRUTHFUL SOLUTIONS LIMITED (REGISTERED NUMBER: 06578299)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 276

CURRENT ASSETS
Debtors 5 - 2,776
Cash at bank 7,463 2,697
7,463 5,473
CREDITORS
Amounts falling due within one year 6 2,377 4,624
NET CURRENT ASSETS 5,086 849
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,086

1,125

CAPITAL AND RESERVES
Called up share capital 1,100 1,100
Retained earnings 3,986 25
SHAREHOLDERS' FUNDS 5,086 1,125

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

TRUTHFUL SOLUTIONS LIMITED (REGISTERED NUMBER: 06578299)

BALANCE SHEET - continued
31 OCTOBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 April 2024 and were signed by:





D G Bird - Director


TRUTHFUL SOLUTIONS LIMITED (REGISTERED NUMBER: 06578299)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

Truthful Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 November 2022
and 31 October 2023 4,739 4,888 9,627
DEPRECIATION
At 1 November 2022 4,463 4,888 9,351
Charge for year 276 - 276
At 31 October 2023 4,739 4,888 9,627
NET BOOK VALUE
At 31 October 2023 - - -
At 31 October 2022 276 - 276

TRUTHFUL SOLUTIONS LIMITED (REGISTERED NUMBER: 06578299)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Directors' loan accounts - 2,776

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Corporation Tax 1,369 3,726
Directors' loan accounts 48 -
Sundry creditors and accruals 960 898
2,377 4,624

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2023 and 31 October 2022:

2023 2022
£    £   
D G Bird
Balance outstanding at start of year 2,776 -
Amounts advanced - 2,776
Amounts repaid (2,776 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 2,776

8. ULTIMATE CONTROLLING PARTY

G Bird and D G Bird, the Director, are the majority share holders and therefore have the ultimate control.