IRIS Accounts Production v25.1.4.42 07560698 director 1.10.23 30.9.24 30.9.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh075606982023-09-30075606982024-09-30075606982023-10-012024-09-30075606982022-09-30075606982022-10-012023-09-30075606982023-09-3007560698ns15:EnglandWales2023-10-012024-09-3007560698ns14:PoundSterling2023-10-012024-09-3007560698ns10:Director12023-10-012024-09-3007560698ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3007560698ns10:SmallEntities2023-10-012024-09-3007560698ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3007560698ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3007560698ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3007560698ns10:FullAccounts2023-10-012024-09-3007560698ns10:RegisteredOffice2023-10-012024-09-3007560698ns5:CurrentFinancialInstruments2024-09-3007560698ns5:CurrentFinancialInstruments2023-09-3007560698ns5:ShareCapital2024-09-3007560698ns5:ShareCapital2023-09-3007560698ns5:RetainedEarningsAccumulatedLosses2024-09-3007560698ns5:RetainedEarningsAccumulatedLosses2023-09-3007560698ns5:PlantMachinery2023-10-012024-09-3007560698ns5:ComputerEquipment2023-10-012024-09-3007560698ns5:PlantMachinery2023-09-3007560698ns5:ComputerEquipment2023-09-3007560698ns5:PlantMachinery2024-09-3007560698ns5:ComputerEquipment2024-09-3007560698ns5:PlantMachinery2023-09-3007560698ns5:ComputerEquipment2023-09-3007560698ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3007560698ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-30
REGISTERED NUMBER: 07560698 (England and Wales)















Financial Statements for the Year Ended 30 September 2024

for

Total Risk Management Ltd

Total Risk Management Ltd (Registered number: 07560698)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Total Risk Management Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTOR: S M Hearn





REGISTERED OFFICE: Brickfield House
High Road
Epping
Essex
CM16 6TH





REGISTERED NUMBER: 07560698 (England and Wales)





ACCOUNTANTS: Dragon Argent Limited
63 Bermondsey Street
London
SE1 3XF

Total Risk Management Ltd (Registered number: 07560698)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,429 19,088

CURRENT ASSETS
Debtors 5 34,666 8,504
Cash at bank 75 11,883
34,741 20,387
CREDITORS
Amounts falling due within one year 6 46,070 29,329
NET CURRENT LIABILITIES (11,329 ) (8,942 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

100

10,146

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings - 10,046
100 10,146

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 26 June 2025 and were signed by:





S M Hearn - Director


Total Risk Management Ltd (Registered number: 07560698)

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

1. STATUTORY INFORMATION

Total Risk Management 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.

Going concern
The company incurred profits before tax of £30,804 and retained earnings are NIL. Through loan facilities and director funding, the director is confident that the company will be able to meet its liabilities as they fall due, for a period of at least 12 months from the date of approval of these financial statements. The financial statements have therefore been prepared on a going concern basis.

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 - Straight line over 5 years
Computer equipment - Straight line over 3 years

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Total Risk Management Ltd (Registered number: 07560698)

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

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 October 2023 33,706 10,252 43,958
Disposals - (270 ) (270 )
At 30 September 2024 33,706 9,982 43,688
DEPRECIATION
At 1 October 2023 16,739 8,131 24,870
Charge for year 6,661 998 7,659
Eliminated on disposal - (270 ) (270 )
At 30 September 2024 23,400 8,859 32,259
NET BOOK VALUE
At 30 September 2024 10,306 1,123 11,429
At 30 September 2023 16,967 2,121 19,088

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 10,500 4,900
Other debtors 24,166 3,604
34,666 8,504

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 29,911 24,473
Taxation and social security 14,430 3,356
Other creditors 1,729 1,500
46,070 29,329