TR Eco Solutions Limited 07991991 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is building and finishing. Digita Accounts Production Advanced 6.30.9574.0 true true 07991991 2023-04-01 2024-03-31 07991991 2024-03-31 07991991 bus:OrdinaryShareClass1 2024-03-31 07991991 core:CurrentFinancialInstruments 2024-03-31 07991991 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 07991991 core:OtherPropertyPlantEquipment 2024-03-31 07991991 bus:SmallEntities 2023-04-01 2024-03-31 07991991 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 07991991 bus:FilletedAccounts 2023-04-01 2024-03-31 07991991 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07991991 bus:RegisteredOffice 2023-04-01 2024-03-31 07991991 bus:Director1 2023-04-01 2024-03-31 07991991 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 07991991 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07991991 core:OtherPropertyPlantEquipment 2023-04-01 2024-03-31 07991991 core:PlantMachinery 2023-04-01 2024-03-31 07991991 countries:England 2023-04-01 2024-03-31 07991991 2023-03-31 07991991 core:OtherPropertyPlantEquipment 2023-03-31 07991991 2022-04-01 2023-03-31 07991991 2023-03-31 07991991 bus:OrdinaryShareClass1 2023-03-31 07991991 core:CurrentFinancialInstruments 2023-03-31 07991991 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 07991991 core:OtherPropertyPlantEquipment 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 07991991

TR Eco Solutions Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

TR Eco Solutions Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 7

 

TR Eco Solutions Limited

Company Information

Director

Mr T Rusin

Registered office

247 Carr Road
Northolt
Middlesex
UB5 4RL

Accountants

Keano Services Limited

 

TR Eco Solutions Limited

(Registration number: 07991991)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

12,783

17,044

Current assets

 

Debtors

5

46,367

35,554

Cash at bank and in hand

 

23,426

36,963

 

69,793

72,517

Creditors: Amounts falling due within one year

6

(24,660)

(23,738)

Net current assets

 

45,133

48,779

Net assets

 

57,916

65,823

Capital and reserves

 

Called up share capital

7

50

50

Retained earnings

57,866

65,773

Shareholders' funds

 

57,916

65,823

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 12 July 2024
 

.........................................
Mr T Rusin
Director

 

TR Eco Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
247 Carr Road
Northolt
Middlesex
UB5 4RL

These financial statements were authorised for issue by the director on 12 July 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

TR Eco Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

 

TR Eco Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2023 - 2).

 

TR Eco Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

4

Tangible assets

Other tangible assets
£

Total
£

Cost or valuation

At 1 April 2023

41,127

41,127

At 31 March 2024

41,127

41,127

Depreciation

At 1 April 2023

24,083

24,083

Charge for the year

4,261

4,261

At 31 March 2024

28,344

28,344

Carrying amount

At 31 March 2024

12,783

12,783

At 31 March 2023

17,044

17,044

5

Debtors

Current

2024
£

2023
£

Other debtors

46,367

35,554

 

46,367

35,554

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

14,740

19,081

Accruals and deferred income

6,000

3,000

Other creditors

3,920

1,657

24,660

23,738

7

Share capital

Allotted, called up and fully paid shares

 

TR Eco Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

50

50

50

50