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REGISTERED NUMBER: 11694405 (England and Wales)









Unaudited Financial Statements

for the Year Ended 30 November 2023

for

T.R.C. Live Ltd

T.R.C. Live Ltd (Registered number: 11694405)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Balance Sheet 1

Notes to the Financial Statements 2


T.R.C. Live Ltd (Registered number: 11694405)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £   
FIXED ASSETS
Investments 4 190,016 178,851

CURRENT ASSETS
Debtors 5 19,335 262,865
Cash at bank and in hand 354,731 184,917
374,066 447,782
CREDITORS
Amounts falling due within one year 6 (6,745 ) (82,510 )
NET CURRENT ASSETS 367,321 365,272
TOTAL ASSETS LESS CURRENT LIABILITIES 557,337 544,123

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 7 3,747 1,532
Retained earnings 553,490 542,491
557,337 544,123

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

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 19 June 2024 and were signed by:





Mr P D Chadwick - Director


T.R.C. Live Ltd (Registered number: 11694405)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

T.R.C. Live Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11694405

Registered office: Penplannau
Moelfre
Oswestry
Shropshire
SY10 7QL

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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.

When the outcome of a transaction can be estimated reliably, turnover from services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to finalisation of work completed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Taxation
Taxation for the year comprises current 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

T.R.C. Live Ltd (Registered number: 11694405)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. FIXED ASSET INVESTMENTS
Listed
investments
£   
COST OR VALUATION
At 1 December 2022 178,851
Additions 68,353
Disposals (59,404 )
Revaluations 2,216
At 30 November 2023 190,016
NET BOOK VALUE
At 30 November 2023 190,016
At 30 November 2022 178,851

Cost or valuation at 30 November 2023 is represented by:

Listed
investments
£   
Valuation in 2020 11,032
Valuation in 2021 10,966
Valuation in 2022 (20,467 )
Valuation in 2023 2,215
Cost 186,270
190,016

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other debtors 19,335 262,865

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 1,515 1,515
Taxation and social security 4,175 79,974
Other creditors 1,055 1,021
6,745 82,510

7. RESERVES
Fair
value
reserve
£   
At 1 December 2022 1,532
Unrealised profit/(loss) 2,215

At 30 November 2023 3,747