03687008falsethat of providing management services to musicians.2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:CompanySecretary12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/cd:Director12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-12-31http://www.companieshouse.gov.uk/cd:Director22024-01-012024-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-01-012024-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:PatentsTrademarksLicencesConcessionsSimilar2024-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FRS1022024-01-012024-12-31http://www.companieshouse.gov.uk/2024-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:LandBuildings2023-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:LandBuildings2024-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03687008
TRC Management Ltd
ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
Prepared By:
SK Zelin Accountancy Ltd
23 South Drive
Chorlton
Manchester
M21 8DZ
TRC Management Ltd
ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
DIRECTORS
Philip Chadwick
Sharon Chadwick
SECRETARY
Sharon Chadwick
REGISTERED OFFICE
Penplannau
Moelfre
Oswestry
Shropshire
SY10 7QL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03687008
ACCOUNTANTS
SK Zelin Accountancy Ltd
23 South Drive
Chorlton
Manchester
M21 8DZ
TRC Management Ltd
ACCOUNTS
FOR THEYEARENDED31/12/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
TRC Management Ltd
BALANCE SHEET AT 31/12/2024
20242023
Notes££
FIXED ASSETS
Tangible assets42,9513,490
Investment Assets5891,407700,646
894,358704,136
CURRENT ASSETS
Debtors630,19719,776
Cash at bank and in hand130,240268,462
160,437288,238
CREDITORS: Amounts falling due within one year733,67410,853
NET CURRENT ASSETS126,763277,385
TOTAL ASSETS LESS CURRENT LIABILITIES1,021,121981,521
PROVISIONS FOR LIABILITIES AND CHARGES813,8479,948
NET ASSETS1,007,274971,573
CAPITAL AND RESERVES
Called up share capital9100100
Revaluation reserve1d,1062,93042,411
Profit and loss account944,244929,062
SHAREHOLDERS' FUNDS1,007,274971,573
For the year ending 31/12/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 15/03/2025 and signed on their behalf by
.............................
Philip Chadwick
Director
TRC Management Ltd
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildings 15%
Plant and Machinery 25%
Fixtures and Fittings 15%
1c. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.
1d. Revaluation Reserve
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 10).
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account.
2. EMPLOYEES
20242023
No.No.
Average number of employees-3
TRC Management Ltd
3. INTANGIBLE FIXED ASSETS
PatentsTotal
££
Cost
At 01/01/202445,74245,742
At 31/12/202445,74245,742
Depreciation
At 01/01/202445,74245,742
At 31/12/202445,74245,742
Net Book Amounts
At 31/12/2024--
4. TANGIBLE FIXED ASSETS
Land AndPlant andFixtures
BuildingsMachineryand FittingsTotal
££££
Cost
At 01/01/20249,7829,0974,35223,231
At 31/12/20249,7829,0974,35223,231
Depreciation
At 01/01/20247,5868,9393,21619,741
For the year32940170539
At 31/12/20247,9158,9793,38620,280
Net Book Amounts
At 31/12/20241,8671189662,951
At 31/12/20232,1961581,1363,490
TRC Management Ltd
5. FINANCIAL ASSETS
Listed
InvestmentsTotal
££
Cost
At 01/01/2024700,646700,646
Additions379,209379,209
Disposals(208,967)(208,967)
Revaluation20,51920,519
At 31/12/2024891,407891,407
Amortisation
Net Book Amounts
At 31/12/2024891,407891,407
At 31/12/2023700,646700,646
6. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors29,4864,756
Other debtors433-
Prepayments27815,020
30,19719,776
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax17,751-
VAT9,7575,134
Directors current account4,4923,972
Trade creditors1,674407
Accruals-1,340
33,67410,853
TRC Management Ltd
8. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation13,8479,948
13,8479,948
9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
10. REVALUATION RESERVE 20242023
££
Revaluation reserve62,93042,411
62,93042,411