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REGISTERED NUMBER: 10852242 (England and Wales)












Trutemp Ltd

Unaudited Financial Statements

for the Year Ended 31 July 2023






Trutemp Ltd (Registered number: 10852242)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Trutemp Ltd

Company Information
for the Year Ended 31 July 2023







DIRECTOR: A D Richardson





REGISTERED OFFICE: 70 Park Lane
Bonehill
Tamworth
Staffordshire
B78 3HZ





REGISTERED NUMBER: 10852242 (England and Wales)





ACCOUNTANTS: Tamworth Accountancy Services Limited
Office 3 Swan Park
Kettlebrook Road
Tamworth
Staffordshire
B77 1AG

Trutemp Ltd (Registered number: 10852242)

Balance Sheet
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,346 10,072

CURRENT ASSETS
Stocks 5,000 5,000
Debtors 5 22,546 34,062
Cash at bank 130,564 82,757
158,110 121,819
CREDITORS
Amounts falling due within one year 6 58,506 36,836
NET CURRENT ASSETS 99,604 84,983
TOTAL ASSETS LESS CURRENT
LIABILITIES

107,950

95,055

CREDITORS
Amounts falling due after more than one
year

7

(7,644

)

(11,662

)

PROVISIONS FOR LIABILITIES (1,652 ) (1,914 )
NET ASSETS 98,654 81,479

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 98,653 81,478
98,654 81,479

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

Trutemp Ltd (Registered number: 10852242)

Balance Sheet - continued
31 July 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 July 2024 and were signed by:





A D Richardson - Director


Trutemp Ltd (Registered number: 10852242)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Trutemp Ltd 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.
Plant and machinery etc - 33% on cost and 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Trutemp Ltd (Registered number: 10852242)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022 18,479
Additions 1,383
At 31 July 2023 19,862
DEPRECIATION
At 1 August 2022 8,407
Charge for year 3,109
At 31 July 2023 11,516
NET BOOK VALUE
At 31 July 2023 8,346
At 31 July 2022 10,072

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 22,546 34,062

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,000 4,000
Trade creditors 19,508 13,773
Taxation and social security 29,354 16,077
Other creditors 5,644 2,986
58,506 36,836

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 7,644 11,662