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REGISTERED NUMBER: 08786316 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 November 2024

for

Trusted Technology Limited

Trusted Technology Limited (Registered number: 08786316)






Contents of the Financial Statements
for the year ended 30 November 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Trusted Technology Limited

Company Information
for the year ended 30 November 2024







DIRECTORS: Miss L D Stevenson
A C Bell





REGISTERED OFFICE: The Old Sub Station
Queens Drive
Nottingham
Nottinghamshire
NG2 1AP





REGISTERED NUMBER: 08786316 (England and Wales)





ACCOUNTANTS: Clayton & Brewill
Chartered Accountants
Cawley House
149-155 Canal Street
Nottingham
Nottinghamshire
NG1 7HR

Trusted Technology Limited (Registered number: 08786316)

Abridged Balance Sheet
30 November 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 600 900
Property, plant and equipment 5 669,013 614,780
669,613 615,680

CURRENT ASSETS
Inventories 365,250 344,498
Debtors 76,148 22,421
Cash at bank 27,189 4,060
468,587 370,979
CREDITORS
Amounts falling due within one year 510,769 372,346
NET CURRENT LIABILITIES (42,182 ) (1,367 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

627,431

614,313

CREDITORS
Amounts falling due after more than
one year

102,575

207,294
NET ASSETS 524,856 407,019

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 524,756 406,919
SHAREHOLDERS' FUNDS 524,856 407,019

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.

Trusted Technology Limited (Registered number: 08786316)

Abridged 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 November 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2025 and were signed on its behalf by:





A C Bell - Director


Trusted Technology Limited (Registered number: 08786316)

Notes to the Financial Statements
for the year ended 30 November 2024

1. STATUTORY INFORMATION

Trusted Technology 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.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

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 etc - 15% on reducing balance and 2% of cost or valuation

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Trusted Technology Limited (Registered number: 08786316)

Notes to the Financial Statements - continued
for the year ended 30 November 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2023
and 30 November 2024 3,000
AMORTISATION
At 1 December 2023 2,100
Amortisation for year 300
At 30 November 2024 2,400
NET BOOK VALUE

At 30 November 2024 600
At 30 November 2023 900

5. PROPERTY, PLANT AND EQUIPMENT
Totals
£   
COST
At 1 December 2023 740,386
Additions 85,057
At 30 November 2024 825,443
DEPRECIATION
At 1 December 2023 125,606
Charge for year 30,824
At 30 November 2024 156,430
NET BOOK VALUE
At 30 November 2024 669,013
At 30 November 2023 614,780

6. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 26,732 20,827
Between one and five years 64,892 67,511
91,624 88,338

Trusted Technology Limited (Registered number: 08786316)

Notes to the Financial Statements - continued
for the year ended 30 November 2024

6. LEASING AGREEMENTS - continued

Non-cancellable operating leases
2024 2023
£    £   
Within one year 88,816 28,006
Between one and five years 175,926 72,627
264,742 100,633

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 91,624 88,338

The hire purchase is secured on the asset concerned.

8. CALLED UP SHARE CAPITAL

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