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REGISTERED NUMBER: 08505785 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

TREND BUSINESS CONSULTANTS LTD

TREND BUSINESS CONSULTANTS LTD (REGISTERED NUMBER: 08505785)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TREND BUSINESS CONSULTANTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: Mrs L M Cuthbert
C B Cuthbert





REGISTERED OFFICE: Suite 1, First Floor
3 Jubilee Way
Faversham
Kent
ME13 8GD





REGISTERED NUMBER: 08505785 (England and Wales)





ACCOUNTANTS: Ackland Webb Ltd
Chartered Certified Accountants
Suite 1, First Floor
3 Jubilee Way
Faversham
Kent
ME13 8GD

TREND BUSINESS CONSULTANTS LTD (REGISTERED NUMBER: 08505785)

BALANCE SHEET
31 MAY 2024

31.5.24 31.5.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 30,654 33,625

CURRENT ASSETS
Stocks 24,725 22,554
Debtors 5 495,949 627,498
Cash at bank and in hand 40,317 69,577
560,991 719,629
CREDITORS
Amounts falling due within one year 6 (413,174 ) (489,353 )
NET CURRENT ASSETS 147,817 230,276
TOTAL ASSETS LESS CURRENT
LIABILITIES

178,471

263,901

CREDITORS
Amounts falling due after more than one year 7 (46,794 ) (197,189 )
NET ASSETS 131,677 66,712

CAPITAL AND RESERVES
Called up share capital 190 190
Retained earnings 131,487 66,522
131,677 66,712

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 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 25 February 2025 and were signed on its behalf by:





C B Cuthbert - Director


TREND BUSINESS CONSULTANTS LTD (REGISTERED NUMBER: 08505785)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

Trend Business Consultants 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2023 - 24 ) .

TREND BUSINESS CONSULTANTS LTD (REGISTERED NUMBER: 08505785)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 102,413
Additions 5,678
At 31 May 2024 108,091
DEPRECIATION
At 1 June 2023 68,788
Charge for year 8,649
At 31 May 2024 77,437
NET BOOK VALUE
At 31 May 2024 30,654
At 31 May 2023 33,625

5. DEBTORS
31.5.24 31.5.23
£    £   
Amounts falling due within one year:
Trade debtors - 3,907
Other debtors 16,290 16,886
16,290 20,793

Amounts falling due after more than one year:
Amounts owed by associates 479,659 606,705

Aggregate amounts 495,949 627,498

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 15,000 59,720
Trade creditors 8,075 14,650
Taxation and social security 61,839 25,561
Other creditors 328,260 389,422
413,174 489,353

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans 40,000 197,189
Amounts owed to associates 6,794 -
46,794 197,189

8. OTHER FINANCIAL COMMITMENTS

NatWest Bank Plc holds fixed and floating charges over the assets owned by the company.