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REGISTERED NUMBER: 09570968















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Trust-Capital London Limited

Trust-Capital London Limited (Registered number: 09570968)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Trust-Capital London Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: J Kapadia





REGISTERED OFFICE: 110 Carlton avenue East
Wembley
HA9 8LY





REGISTERED NUMBER: 09570968





ACCOUNTANTS: MohanRed & Co
110 Carlton Avenue East
Wembley
Middlesex
HA9 8LY

Trust-Capital London Limited (Registered number: 09570968)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 495,533 495,533

CURRENT ASSETS
Debtors 5 31,050 31,050
Cash at bank 11,400 7,782
42,450 38,832
CREDITORS
Amounts falling due within one year 6 24,003 21,715
NET CURRENT ASSETS 18,447 17,117
TOTAL ASSETS LESS CURRENT
LIABILITIES

513,980

512,650

CREDITORS
Amounts falling due after more than one
year

7

515,687

515,687
NET LIABILITIES (1,707 ) (3,037 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (1,807 ) (3,137 )
SHAREHOLDERS' FUNDS (1,707 ) (3,037 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Trust-Capital London Limited (Registered number: 09570968)

Balance Sheet - continued
31 May 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 February 2025 and were signed by:





J Kapadia - Director


Trust-Capital London Limited (Registered number: 09570968)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Trust-Capital London Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Turnover
Turnover is Rent received from Investment Property.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

3. EMPLOYEES AND DIRECTORS

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

Trust-Capital London Limited (Registered number: 09570968)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 June 2023
and 31 May 2024 495,533
NET BOOK VALUE
At 31 May 2024 495,533
At 31 May 2023 495,533

5. DEBTORS
31.5.24 31.5.23
£    £   
Amounts falling due within one year:
Trade debtors 30,250 30,250
Prepayments and accrued income 700 700
30,950 30,950

Amounts falling due after more than one year:
Amounts owed by associates 100 100

Aggregate amounts 31,050 31,050

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors (1 ) -
Directors' current accounts 7,595 5,306
Accrued expenses 16,409 16,409
24,003 21,715

Trust-Capital London Limited (Registered number: 09570968)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans more 5 yr by instal 296,021 296,021
Amounts owed to participating interests 219,666 219,666
515,687 515,687

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 296,021 296,021

8. RELATED PARTY DISCLOSURES

The amounts owed to participating interests are from the respective companies, Accountancy Hub Ltd ( formerly Mohanred & Co Ltd) and Trust-Build London Limited, where each of the directors of this company have interests. These companies have provided the funding to acquire the relevant asset.