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REGISTERED NUMBER: 09536748 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 April 2024

for

TRUST REAL ESTATE GROUP LTD

TRUST REAL ESTATE GROUP LTD (REGISTERED NUMBER: 09536748)






Contents of the Financial Statements
for the year ended 30 APRIL 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


TRUST REAL ESTATE GROUP LTD

Company Information
for the year ended 30 APRIL 2024







DIRECTORS: The Hon W J Cadogan
I H Ezekiel
T C Garnham
S S Hasan





REGISTERED OFFICE: Global House
303 Ballards Lane
London
N12 8NP





REGISTERED NUMBER: 09536748 (England and Wales)





ACCOUNTANTS: K J Pittalis and Partners LLP
Chartered Certified Accountants
Global House
303 Ballards Lane
London
N12 8NP

TRUST REAL ESTATE GROUP LTD (REGISTERED NUMBER: 09536748)

Statement of Financial Position
30 APRIL 2024

30/4/24 30/4/23
Notes £    £   
FIXED ASSETS
Investments 4 - 300

CURRENT ASSETS
Debtors 5 4 4

CREDITORS
Amounts falling due within one year 6 - (6,908 )
NET CURRENT ASSETS/(LIABILITIES) 4 (6,904 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4

(6,604

)

CAPITAL AND RESERVES
Called up share capital 7 74 74
Retained earnings 8 (70 ) (6,678 )
SHAREHOLDERS' FUNDS 4 (6,604 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2024 and were signed on its behalf by:





The Hon W J Cadogan - Director


TRUST REAL ESTATE GROUP LTD (REGISTERED NUMBER: 09536748)

Notes to the Financial Statements
for the year ended 30 APRIL 2024

1. STATUTORY INFORMATION

Trust Real Estate Group 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Preparation of consolidated financial statements
The financial statements contain information about Trust Real Estate Group Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Significant judgements and estimates
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies.

Investments in subsidiaries
Investments held as fixed assets are shown at cost less provision for impairment.

At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.
If an impairment loss subsequently reverses, the carry amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

Financial instruments
The company enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.

Going concern
The wholly owned subsidiary company, Trust Real Estate Ltd, has ceased trading activity and will go into voluntary liquidations. The shareholders of the company, Trust Real Estate Group Limited, has decided to liquidate the company voluntary. The financial statements have been prepared on the basis other than going concern.

The directors consider there to be no difference between the valuation on a going concern basis and valuation on liquidation.

TRUST REAL ESTATE GROUP LTD (REGISTERED NUMBER: 09536748)

Notes to the Financial Statements - continued
for the year ended 30 APRIL 2024

2. ACCOUNTING POLICIES - continued

Cash and cash equivalent
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakin
£   
COST
At 1 May 2023 300
Impairments (300 )
At 30 April 2024 -
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 300

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Other debtors 4 4

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Amounts owed to participating interests - 6,908

TRUST REAL ESTATE GROUP LTD (REGISTERED NUMBER: 09536748)

Notes to the Financial Statements - continued
for the year ended 30 APRIL 2024

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/4/24 30/4/23
value: £    £   
6,000 ordinary shares class A 0.01 60 60
1,000 ordinary shares class B 0.01 10 10
369 ordinary shares class C 0.01 4 4
74 74

8. RESERVES
Retained
earnings
£   

At 1 May 2023 (6,678 )
Profit for the year 6,608
At 30 April 2024 (70 )

9. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.