Silverfin false true 31/07/2024 01/08/2023 31/07/2024 M A Alden 15/10/2021 F A M Kenny 01/02/2022 L M Mcquade 01/02/2022 S V Mead 01/02/2022 K J Sadler 01/02/2022 H L Thomas 01/02/2022 S M C Tumelty 16/05/2021 19 February 2025 The principal activity of the Company during the financial period was that of a nominee company. 13400168 2024-07-31 13400168 bus:Director1 2024-07-31 13400168 bus:Director2 2024-07-31 13400168 bus:Director3 2024-07-31 13400168 bus:Director4 2024-07-31 13400168 bus:Director5 2024-07-31 13400168 bus:Director6 2024-07-31 13400168 bus:Director7 2024-07-31 13400168 2023-07-31 13400168 2023-08-01 2024-07-31 13400168 bus:FilletedAccounts 2023-08-01 2024-07-31 13400168 bus:SmallEntities 2023-08-01 2024-07-31 13400168 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 13400168 bus:CompanyLimitedByGuarantee 2023-08-01 2024-07-31 13400168 bus:Director1 2023-08-01 2024-07-31 13400168 bus:Director2 2023-08-01 2024-07-31 13400168 bus:Director3 2023-08-01 2024-07-31 13400168 bus:Director4 2023-08-01 2024-07-31 13400168 bus:Director5 2023-08-01 2024-07-31 13400168 bus:Director6 2023-08-01 2024-07-31 13400168 bus:Director7 2023-08-01 2024-07-31 13400168 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure

Company No: 13400168 (England and Wales)

THE HR DEPT TRUST COMPANY LIMITED

(A company limited by guarantee)

Unaudited Financial Statements
For the financial year ended 31 July 2024
Pages for filing with the registrar

THE HR DEPT TRUST COMPANY LIMITED

Unaudited Financial Statements

For the financial year ended 31 July 2024

Contents

THE HR DEPT TRUST COMPANY LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 July 2024
THE HR DEPT TRUST COMPANY LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 July 2024
2024 2023
£ £
Restated - note 2
Net current assets 0 0
Total assets less current liabilities 0 0
Net assets 0 0
Reserves
Total reserves 0 0

The HR Dept Trust Company Limited (registered number: 13400168) did not trade during the current financial year and has made neither profit nor loss, nor any other comprehensive income. There have been no movements in shareholders’ funds during the current financial year and therefore no Statement of Changes of Equity has been included. For the financial year ending 31 July 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of The HR Dept Trust Company Limited (registered number: 13400168) were approved and authorised for issue by the Board of Directors on 19 February 2025. They were signed on its behalf by:

K J Sadler
Director
THE HR DEPT TRUST COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2024
THE HR DEPT TRUST COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

The HR Dept Trust Company Limited (the Company) is a private company, limited by guarantee, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 3 Brook Park Office, Emersons Green, Bristol, BS16 7FL, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Prior year adjustment

Investment in shares was overstated by £2,700,000, and Other creditors was overstated by £1,380,000 and Other reserves was overstated by £1,320,000 in the prior year.

2. Prior year adjustment

The company acts as a nominee for a third party and holds any assets in Trust for the members. The prior years accounts included the value of the assets being held in Trust which was incorrect and the statement of financial position has now been restated to £Nil to reflect the correct position.

As previously reported Adjustment As restated
Year ended 31 July 2023 £ £ £
Investment in Shares 2,700,000 (2,700,000) 0
Other creditors (1,380,000) 1,380,000 0
Other reserves (1,320,000) 1,320,000 0

3. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 7 7

4. Liability of members

The members of the The HR Dept Trust Company Limited have undertaken to contribute a sum not exceeding £1 each to meet the liabilities of the Company if it should be wound up.