IRIS Accounts Production v24.3.0.553 06368804 Board of Directors Board of Directors 1.12.23 30.11.24 30.11.24 true false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh063688042023-11-30063688042024-11-30063688042023-12-012024-11-30063688042022-11-30063688042022-12-012023-11-30063688042023-11-3006368804ns15:EnglandWales2023-12-012024-11-3006368804ns14:PoundSterling2023-12-012024-11-3006368804ns10:Director12023-12-012024-11-3006368804ns10:Director22023-12-012024-11-3006368804ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3006368804ns10:SmallEntities2023-12-012024-11-3006368804ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3006368804ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3006368804ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3006368804ns10:FullAccounts2023-12-012024-11-300636880412023-12-012024-11-3006368804ns10:OrdinaryShareClass12023-12-012024-11-3006368804ns10:CompanySecretary12023-12-012024-11-3006368804ns10:RegisteredOffice2023-12-012024-11-3006368804ns5:CurrentFinancialInstruments2024-11-3006368804ns5:CurrentFinancialInstruments2023-11-3006368804ns5:ShareCapital2024-11-3006368804ns5:ShareCapital2023-11-3006368804ns5:RetainedEarningsAccumulatedLosses2024-11-3006368804ns5:RetainedEarningsAccumulatedLosses2023-11-3006368804ns5:NetGoodwill2023-12-012024-11-3006368804ns5:IntangibleAssetsOtherThanGoodwill2023-12-012024-11-3006368804ns5:LandBuildingsns5:OwnedOrFreeholdAssets2023-12-012024-11-3006368804ns5:PlantMachinery2023-12-012024-11-3006368804ns5:FurnitureFittings2023-12-012024-11-3006368804ns5:MotorVehicles2023-12-012024-11-3006368804ns5:ComputerEquipment2023-12-012024-11-3006368804ns5:NetGoodwill2023-11-3006368804ns5:NetGoodwill2024-11-3006368804ns5:NetGoodwill2023-11-3006368804ns5:LandBuildings2023-11-3006368804ns5:LeaseholdImprovements2023-11-3006368804ns5:PlantMachinery2023-11-3006368804ns5:LandBuildings2023-12-012024-11-3006368804ns5:LeaseholdImprovements2023-12-012024-11-3006368804ns5:LandBuildings2024-11-3006368804ns5:LeaseholdImprovements2024-11-3006368804ns5:PlantMachinery2024-11-3006368804ns5:LandBuildings2023-11-3006368804ns5:LeaseholdImprovements2023-11-3006368804ns5:PlantMachinery2023-11-3006368804ns5:FurnitureFittings2023-11-3006368804ns5:MotorVehicles2023-11-3006368804ns5:ComputerEquipment2023-11-3006368804ns5:FurnitureFittings2024-11-3006368804ns5:MotorVehicles2024-11-3006368804ns5:ComputerEquipment2024-11-3006368804ns5:FurnitureFittings2023-11-3006368804ns5:MotorVehicles2023-11-3006368804ns5:ComputerEquipment2023-11-3006368804ns5:CostValuation2023-11-3006368804ns5:WithinOneYearns5:CurrentFinancialInstruments2024-11-3006368804ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-3006368804ns5:DeferredTaxation2023-11-3006368804ns5:DeferredTaxation2023-12-012024-11-3006368804ns5:DeferredTaxation2024-11-3006368804ns10:OrdinaryShareClass12024-11-30
REGISTERED NUMBER: 06368804 (England and Wales)





























Unaudited Financial Statements for the Year Ended 30 November 2024

for

TRS Holdings Limited

TRS Holdings Limited (Registered number: 06368804)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TRS Holdings Limited

Company Information
for the Year Ended 30 November 2024







DIRECTORS: Mr William John Robinson
Mr Paul Michael Robinson





SECRETARY: Mr William John Robinson





REGISTERED OFFICE: Ulleswater Street Garage
Ulleswater Street
Bolton
BL1 8LZ





REGISTERED NUMBER: 06368804 (England and Wales)





ACCOUNTANTS: DonnellyBentley Limited
Chartered Accountants
Hazlemere
70 Chorley New Road
Bolton
Lancashire
BL1 4BY

TRS Holdings Limited (Registered number: 06368804)

Balance Sheet
30 November 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 421,033 436,319
Investments 6 300 300
421,333 436,619

CURRENT ASSETS
Debtors 7 123,626 99,799
Cash at bank and in hand 349,989 134,295
473,615 234,094
CREDITORS
Amounts falling due within one year 8 (65,930 ) (50,515 )
NET CURRENT ASSETS 407,685 183,579
TOTAL ASSETS LESS CURRENT
LIABILITIES

829,018

620,198

PROVISIONS FOR LIABILITIES 9 (76,986 ) (60,726 )
NET ASSETS 752,032 559,472

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 751,932 559,372
SHAREHOLDERS' FUNDS 752,032 559,472

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

TRS Holdings Limited (Registered number: 06368804)

Balance Sheet - continued
30 November 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 March 2025 and were signed on its behalf by:




Mr William John Robinson - Director



Mr Paul Michael Robinson - Director


TRS Holdings Limited (Registered number: 06368804)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

TRS Holdings Limited 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold land & buildings - 2% on cost
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 2 (2023 - 2 ) .

TRS Holdings Limited (Registered number: 06368804)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2023
and 30 November 2024 149,999
AMORTISATION
At 1 December 2023
and 30 November 2024 149,999
NET BOOK VALUE
At 30 November 2024 -
At 30 November 2023 -

5. TANGIBLE FIXED ASSETS
Freehold Improvements
land & to Plant and
buildings property machinery
£    £    £   
COST
At 1 December 2023 123,549 62,824 84,491
Additions - - 7,695
Disposals - - -
At 30 November 2024 123,549 62,824 92,186
DEPRECIATION
At 1 December 2023 17,166 52,498 52,149
Charge for year 2,146 1,475 3,362
Eliminated on disposal - - -
At 30 November 2024 19,312 53,973 55,511
NET BOOK VALUE
At 30 November 2024 104,237 8,851 36,675
At 30 November 2023 106,383 10,326 32,342

TRS Holdings Limited (Registered number: 06368804)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

5. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 December 2023 804 615,058 43 886,769
Additions - 74,995 - 82,690
Disposals - (90,594 ) - (90,594 )
At 30 November 2024 804 599,459 43 878,865
DEPRECIATION
At 1 December 2023 666 327,928 43 450,450
Charge for year 14 75,369 - 82,366
Eliminated on disposal - (74,984 ) - (74,984 )
At 30 November 2024 680 328,313 43 457,832
NET BOOK VALUE
At 30 November 2024 124 271,146 - 421,033
At 30 November 2023 138 287,130 - 436,319

Included in cost of land and buildings is freehold land of £ 16,259 (2023 - £ 16,259 ) which is not depreciated.

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 December 2023
and 30 November 2024 300
NET BOOK VALUE
At 30 November 2024 300
At 30 November 2023 300

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 62,863 46,157
VAT - 764
Prepayments 60,763 52,878
123,626 99,799

TRS Holdings Limited (Registered number: 06368804)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 57,278 49,361
Tax 1,003 -
VAT 6,310 -
Directors' current accounts 409 409
Accrued expenses 930 745
65,930 50,515

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 76,986 60,726

Deferred
tax
£   
Balance at 1 December 2023 60,726
Provided during year 16,260
Balance at 30 November 2024 76,986

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100