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REGISTERED NUMBER: 06903797 (England and Wales)












Unaudited Financial Statements

for the Period 1 May 2023 to 31 March 2024

for

Tr Creative Limited

Tr Creative Limited (Registered number: 06903797)






Contents of the Financial Statements
for the period 1 May 2023 to 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Tr Creative Limited

Company Information
for the period 1 May 2023 to 31 March 2024







DIRECTORS: M J Lawson
Miss L A Edwards
R C Rankin





REGISTERED OFFICE: Riverside
3 First Wood Street
Nantwich
Cheshire
CW5 5EG





REGISTERED NUMBER: 06903797 (England and Wales)

Tr Creative Limited (Registered number: 06903797)

Statement of Financial Position
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 2,855 3,489

CURRENT ASSETS
Debtors 6 32,518 52,103
Cash at bank 28,012 21,960
60,530 74,063
CREDITORS
Amounts falling due within one year 7 (62,156 ) (62,900 )
NET CURRENT (LIABILITIES)/ASSETS (1,626 ) 11,163
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,229

14,652

PROVISIONS FOR LIABILITIES (543 ) (663 )
NET ASSETS 686 13,989

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 586 13,889
SHAREHOLDERS' FUNDS 686 13,989

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

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

Tr Creative Limited (Registered number: 06903797)

Statement of Financial Position - continued
31 March 2024


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 6 November 2024 and were signed on its behalf by:





Miss L A Edwards - Director


Tr Creative Limited (Registered number: 06903797)

Notes to the Financial Statements
for the period 1 May 2023 to 31 March 2024

1. STATUTORY INFORMATION

TR Creative Limited ('The Company') is primarily engaged in the provision of design agency services.

The company is a private company limited by shares and is incorporated in England and Wales. The registered office address is Riverside, 3 First Wood Street, Nantwich, Cheshire, CW5 5EG. The company's registered number is 06903797.

The functional and presentational currency of the financial statements is the Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest £.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Summary of significant accounting policies
The principal accounting policies applied in the preparation of these financial statements are set out below.

These policies have been consistently applied to all years presented, unless otherwise stated.

Basis of preparation
The financial statements are prepared on the going concern basis under the historical cost convention and comply with the United Kingdom Accounting Standards and Companies Act 2006.

Going concern
No material uncertainties that may cast doubt about the ability of the company to continue as a going concern have been identified by the directors.

The directors therefore consider it appropriate to prepare the financial statements on the going concern basis.

Revenue recognition
Revenue is measured at fair value of consideration received or receivable and represents amounts receivable for services rendered (including recharged expenses), stated net of discounts and of Value Added Tax.

Income is recognised when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Tr Creative Limited (Registered number: 06903797)

Notes to the Financial Statements - continued
for the period 1 May 2023 to 31 March 2024

3. ACCOUNTING POLICIES - continued

Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' loans.

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the discounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

Taxation
Taxation for the period 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 2 ) .

Tr Creative Limited (Registered number: 06903797)

Notes to the Financial Statements - continued
for the period 1 May 2023 to 31 March 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 May 2023 6,386 6,690 13,076
Additions 550 - 550
At 31 March 2024 6,936 6,690 13,626
DEPRECIATION
At 1 May 2023 3,728 5,859 9,587
Charge for period 801 383 1,184
At 31 March 2024 4,529 6,242 10,771
NET BOOK VALUE
At 31 March 2024 2,407 448 2,855
At 30 April 2023 2,658 831 3,489

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 32,450 52,057
Other debtors 68 46
32,518 52,103

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 47,143 58,323
Other creditors 15,013 4,577
62,156 62,900

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 15,187 18,755
Between one and five years 2,315 17,502
17,502 36,257