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REGISTERED NUMBER: 09335732 (England and Wales)














TRS MANUFACTURING GROUP LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29TH FEBRUARY 2024






TRS MANUFACTURING GROUP LTD (REGISTERED NUMBER: 09335732)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29TH FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TRS MANUFACTURING GROUP LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29TH FEBRUARY 2024







DIRECTORS: T T Soloducha
R J Soloducha





REGISTERED OFFICE: Beauchamp House
402-403 Stourport Road
Kidderminster
Worcestershire
DY11 7BG





REGISTERED NUMBER: 09335732 (England and Wales)

TRS MANUFACTURING GROUP LTD (REGISTERED NUMBER: 09335732)

BALANCE SHEET
29TH FEBRUARY 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 251,353 251,353

CURRENT ASSETS
Debtors 5 1,618,111 1,534,411

CREDITORS
Amounts falling due within one year 6 192,180 106,460
NET CURRENT ASSETS 1,425,931 1,427,951
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,677,284

1,679,304

CAPITAL AND RESERVES
Called up share capital 7 102 102
Retained earnings 1,677,182 1,679,202
SHAREHOLDERS' FUNDS 1,677,284 1,679,304

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25th November 2024 and were signed on its behalf by:





T T Soloducha - Director


TRS MANUFACTURING GROUP LTD (REGISTERED NUMBER: 09335732)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29TH FEBRUARY 2024

1. STATUTORY INFORMATION

TRS Manufacturing 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.

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.

Investments in subsidiaries
Investments in subsidiary undertakings are measured at cost less impairment.

Financial instruments
Basic financial liabilities, including trade and other debtors, bank loans and loans are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Financial assets and liabilities are only offset in the balance sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the company intends to either settle on a net basis, or to realise the asset and settle the liability simultaneously.

Debt instruments that have no stated interest rate are classified as payable or receivable within one year are initially measured at an un-discounted amount of the cash or other consideration expected to be paid, net of impairment.

Taxation
Current tax is recognised for the amount of corporation tax payable in respect of the taxable profit for the current or past reporting periods using the tax rates and laws that have been enacted or substantively enacted by the reporting date.

Deferred tax
Deferred tax is recognised in respect of all timing differences at the reporting date, except as otherwise indicated.

Deferred tax assets are only recognised to the extent that is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. If and when all conditions for retaining tax allowances for the cost of a fixed asset have been met, the deferred tax is reversed.

Deferred tax is calculated using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

With the exception of changes arising on the initial recognition of a business combination, the tax expense (income) is presented either in profit or loss, other comprehensive income or equity depending on the transaction that resulted in the tax expense (income).

Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.
Deferred tax assets and deferred tax liabilities are offset only if:
- The company has a legally enforceable right to set off current tax assets against current tax liabilities, and
- The deferred tax assets and deferred tax liabilities relate to corporation taxes levied by the same taxation authority on either the same taxable entity or different taxable entities which intend either to settle current tax liabilities and assets on a net basis, or to realise the assets and settle the liabilities simultaneously.

Preparation of consolidated financial statements
The financial statements contain information about TRS Manufacturing Group Ltd as an individual company and do not contain consolidated financial information as the parent of the group. The company has taken the option under section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

TRS MANUFACTURING GROUP LTD (REGISTERED NUMBER: 09335732)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29TH FEBRUARY 2024

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1st March 2023
and 29th February 2024 251,353
NET BOOK VALUE
At 29th February 2024 251,353
At 28th February 2023 251,353

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Amounts owed by group undertakings 1,618,111 1,534,411

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Amounts owed to group undertakings 140,068 102,364
Directors' current accounts 50,948 2,932
Accrued expenses 1,164 1,164
192,180 106,460

7. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £ £
102 Ordinary A 1 102 102

8. RELATED PARTY DISCLOSURES

At 28 February 2024 £140,058 (2023 £102,364) was due from Millson Engineering Limited to TRS Manufacturing Group Limited. Milson Engineering Limited is a subsidiary company of TRS Manufacturing Group Limited.

At 28th February 2024 £242,507 (2022 £242,507)was due to TRS Manufacturing Group Limited from MV Products Limited. MV Products Limited is a subsidiary company of TRS Manufacturing Group Limited.

At 28th February 2024 £1,375,604 (2023 £1,291,903) was due to TRS Manufacturing Group Limited from Estate Country Feeds Limited. Estate Country Feeds Limited is a subsidiary company of TRS Manufacturing Group Limited.