1 September 2022 false No description of principal activity Taxfiler 2023.14 9715447business:PrivateLimitedCompanyLtd2022-09-012023-08-31 97154472022-08-31 97154472022-09-012023-08-31 9715447business:AuditExempt-NoAccountantsReport2022-09-012023-08-31 9715447business:FilletedAccounts2022-09-012023-08-31 97154472023-08-31 9715447business:Director12022-09-012023-08-31 9715447business:RegisteredOffice2022-09-012023-08-31 97154472022-08-31 9715447core:WithinOneYear2023-08-31 9715447core:WithinOneYear2022-08-31 9715447core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 9715447core:ShareCapitalcore:PreviouslyStatedAmount2022-08-31 9715447core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 9715447core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-08-31 9715447core:PreviouslyStatedAmount2023-08-31 9715447core:PreviouslyStatedAmount2022-08-31 9715447business:SmallEntities2022-09-012023-08-31 9715447countries:EnglandWales2022-09-012023-08-31 9715447core:ComputerEquipment2022-09-012023-08-31 9715447core:ComputerEquipment2022-08-31 9715447core:ComputerEquipment2023-08-31 9715447business:OrdinaryShareClass12022-09-012023-08-31 9715447business:OrdinaryShareClass12021-09-012022-08-31 97154472021-09-012022-08-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 9715447 (England and Wales)
TRUE RESOURCES LIMITED Unaudited accounts for the year ended 31 August 2023
TRUE RESOURCES LIMITED Unaudited accounts Contents
Page
- 2 -
TRUE RESOURCES LIMITED Company Information for the year ended 31 August 2023
Director
James Williams
Company Number
9715447 (England and Wales)
Registered Office
11 GRAVEL LANE CHIGWELL ESSEX IG7 6DA UNITED KINGDOM
Accountants
SPS Accountancy Services 84 Gresham Road Hounslow Middlesex TW3 4BU
- 3 -
TRUE RESOURCES LIMITED Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,883 
232 
Current assets
Cash at bank and in hand
13,177 
28,408 
Creditors: amounts falling due within one year
(480)
(5,124)
Net current assets
12,697 
23,284 
Net assets
14,580 
23,516 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
14,579 
23,515 
Shareholders' funds
14,580 
23,516 
For the year ending 31 August 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 3 January 2024 and were signed on its behalf by
James Williams Director Company Registration No. 9715447
- 4 -
TRUE RESOURCES LIMITED Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
TRUE RESOURCES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 9715447. The registered office is 11 GRAVEL LANE, CHIGWELL, ESSEX, IG7 6DA, 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.
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.
Turnover
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.
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:
Computer equipment
25% on reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 September 2022
733 
Additions
2,278 
At 31 August 2023
3,011 
Depreciation
At 1 September 2022
501 
Charge for the year
627 
At 31 August 2023
1,128 
Net book value
At 31 August 2023
1,883 
At 31 August 2022
232 
- 5 -
TRUE RESOURCES LIMITED Notes to the Accounts for the year ended 31 August 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
- 
353 
Other creditors
480 
4,771 
480 
5,124 
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £0.001 each
1 
1 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 6 -