Trusted Value Ltd 05857672 true 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is IT & business consulting Digita Accounts Production Advanced 6.30.9574.0 true Mr Antonio Fabio Rocco Santoro Mr Peter Saxton true 05857672 2023-04-01 2024-03-31 05857672 2024-03-31 05857672 bus:OrdinaryShareClass1 2024-03-31 05857672 core:RetainedEarningsAccumulatedLosses 2024-03-31 05857672 core:ShareCapital 2024-03-31 05857672 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 05857672 bus:FRS102 2023-04-01 2024-03-31 05857672 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 05857672 bus:FullAccounts 2023-04-01 2024-03-31 05857672 bus:RegisteredOffice 2023-04-01 2024-03-31 05857672 bus:CompanySecretary1 2023-04-01 2024-03-31 05857672 bus:Director1 2023-04-01 2024-03-31 05857672 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 05857672 bus:EntityNoLongerTradingButTradedInPast 2023-04-01 2024-03-31 05857672 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05857672 countries:EnglandWales 2023-04-01 2024-03-31 05857672 2023-03-31 05857672 bus:OrdinaryShareClass1 2023-03-31 05857672 core:RetainedEarningsAccumulatedLosses 2023-03-31 05857672 core:ShareCapital 2023-03-31 05857672 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 05857672

Trusted Value Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Trusted Value Ltd

(Registration number: 05857672)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Current assets

 

Cash at bank and in hand

 

3,733

3,733

Creditors: Amounts falling due within one year

4

(59,262)

(59,262)

Net liabilities

 

(55,529)

(55,529)

Capital and reserves

 

Called up share capital

5

60

60

Retained earnings

(55,589)

(55,589)

Shareholders' deficit

 

(55,529)

(55,529)

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 March 2025
 

.........................................
Mr Antonio Fabio Rocco Santoro
Director

 

Trusted Value Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
362 Church Road
London
SW19 2QF

These financial statements were authorised for issue by the director on 24 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Trusted Value Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

3

Cash and cash equivalents

2024
£

2023
£

Short-term deposits

3,733

3,733

4

Creditors

2024
£

2023
£

Due within one year

Other payables

59,262

59,262

5

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Share capital of £0.01 each

6,000

60

6,000

60