Acorah Software Products - Accounts Production 16.1.300 true true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 10564592 Mr Michael Leigh Mrs Soheila Mahdavi Mr Michael Leigh iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10564592 2024-01-31 10564592 2025-01-31 10564592 2024-02-01 2025-01-31 10564592 frs-core:ShareCapital 2025-01-31 10564592 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 10564592 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 10564592 frs-bus:SmallEntities 2024-02-01 2025-01-31 10564592 frs-bus:EntityHasNeverTraded 2024-02-01 2025-01-31 10564592 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 10564592 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 10564592 frs-bus:Director1 2024-02-01 2025-01-31 10564592 frs-bus:Director2 2024-02-01 2025-01-31 10564592 frs-bus:CompanySecretary1 2024-02-01 2025-01-31 10564592 frs-countries:EnglandWales 2024-02-01 2025-01-31 10564592 2023-01-31 10564592 2024-01-31 10564592 2023-02-01 2024-01-31 10564592 frs-core:ShareCapital 2024-01-31
Registered number: 10564592
Trunk Up Ltd
Financial Statements
For The Year Ended 31 January 2025
MAS Accountancy Limited
39 High Street
Orpington
BR6 0JE
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 10564592
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand 48 48
48 48
NET CURRENT ASSETS (LIABILITIES) 48 48
TOTAL ASSETS LESS CURRENT LIABILITIES 48 48
NET ASSETS 48 48
CAPITAL AND RESERVES
Called up share capital 5 48 48
SHAREHOLDERS' FUNDS 48 48
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Michael Leigh
Director
31 January 2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Trunk Up Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10564592 . The registered office is 39 High Street, Orpington, Kent, BR6 0JE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
5. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 48 48
Page 2