| Trusted Strategist Ltd |
| Notes to the Accounts |
| for the year ended 31 December 2024 |
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| 1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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| 2 |
Trading activity |
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The company did not trade during the year to 31st December 2024. The Director continues to support the company. |
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Turnover |
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Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
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| 3 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
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Average number of persons employed by the company |
0 |
|
1 |
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| 4 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Trade creditors |
- |
|
120 |
|
Other creditors |
3,231 |
|
3,603 |
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|
|
|
|
3,231 |
|
3,723 |
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| 5 |
Related party transactions |
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None noted. |
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| 6 |
Transcations with Director |
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During the year Kathleen Butler-Donnelly used a current account with the company to record amounts due to her and amounts drawn by her. The account, which is included in other creditors, shows £3,231.25 owing back to Kathleen Butler-Donnelly as Director as at 31st December 2024 ( 2023: £3,483.24). |
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| 7 |
Controlling party |
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Kathleen Butler-Donnelly owns 33.33% of the share capital, her husband Christopher Butler-Donnelly owns 66.67% of the share capital of Trusted Strategist Limited. Kathleen Butler-Donnelly manages the day to day running of the company and has direct influence over Christopher Butler-Donnelly. She is therefore the ultimate controlling party of Trusted Strategist Limited. |
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| 8 |
Other information |
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Trusted Strategist Ltd is a private company limited by shares and incorporated in England and Wales. Its registered office is: |
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The Old Bank |
|
Beaufort Street |
|
Crickhowell |
|
Powys |
|
NP8 1AD |