Company registration number 15529470 (England and Wales)
TRS GLOBAL LTD
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025
PAGES FOR FILING WITH REGISTRAR
TRS GLOBAL LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
TRS GLOBAL LTD
BALANCE SHEET
AS AT
31 JANUARY 2025
31 January 2025
- 1 -
2025
Notes
£
£
Current assets
Debtors
121,697
Creditors: amounts falling due within one year
28,403
Net current assets
150,100
Capital and reserves
Called up share capital
4
100
Profit and loss reserves
150,000
Total equity
150,100
For the financial period ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 1 September 2025 and are signed on its behalf by:
Mrs D Vaiciuliene
Director
Company registration number 15529470 (England and Wales)
TRS GLOBAL LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025
- 2 -
1
Accounting policies
Company information
TRS Global Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 34 Enville Road, Newport, NP20 5AD.
1.1
Reporting period
These are the first set of financial statements since the company was incorporated. Therefore cover a period of 11 Months
1.2
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
These financial statements for the period ended 31 January 2025 are the first financial statements of TRS Global Ltd prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of transition to FRS 102 was . The reported financial position and financial performance for the previous period are not affected by the transition to FRS 102.
1.3
Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense.
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
2
Employees
The average monthly number of persons (including directors) employed by the company during the period was:
2025
Number
Total
2
3
Subsidiaries
Details of the company's subsidiaries at 31 January 2025 are as follows:
Name of undertaking
Registered office
Class of
% Held
shares held
Direct
Topline retail solutions Limited
34 Enville Road, Newport, NP20 5AD, United Kingdom
Ordinary shares
100.00
TRS GLOBAL LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 JANUARY 2025
- 3 -
4
Called up share capital
2025
2025
Ordinary share capital
Number
£
Issued and fully paid
Ordinary A of £1 each
50
50
Ordinary B of £1 each
50
50
100
100
During the year 50 ordinary A and 50 ordinary B shares of £1 each were issued.
5
Related party transactions
During the year the company loaned money to Topline retail solutions Limited. At the year end, the amount owed by Topline retail solutions Limited was £28,403 this amount is included in debtors : amounts falling due within one year. A company with a common director
6
Directors' transactions
Dividends totalling £146,020 were paid in the period in respect of shares held by the company's directors.
Description
% Rate
Opening balance
Amounts advanced
Closing balance
£
£
£
Directors' Loan account
-
-
121,697
121,697
-
121,697
121,697