Registration number: 08612713

Star Resilianz Ltd. trading as TRC Outdoors

Contents

Company Information	1
Statement of Financial Position	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

Star Resilianz Ltd. trading as TRC Outdoors

Company Information

Director

B O'Toole

Registered office

Pilgrim Court Stede Hill Harrietsham Maidstone Kent ME17 1NP

Accountants

Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D 5AR

Star Resilianz Ltd. trading as TRC Outdoors

Statement of Financial Position as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	758	-
Current assets
Stocks	5	17,652	28,831
Debtors	6	1,885	447
Cash at bank and in hand		12,431	11,297
		31,968	40,575
Creditors: Amounts falling due within one year	7	(87,225)	(103,195)
Net current liabilities		(55,257)	(62,620)
Total assets less current liabilities		(54,499)	(62,620)
Creditors: Amounts falling due after more than one year	7	-	(2,398)
Net liabilities		(54,499)	(65,018)
Capital and reserves
Called up share capital		2	2
Retained earnings		(54,501)	(65,020)
Shareholders' deficit		(54,499)	(65,018)

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The director of Star Resilianz Ltd. has elected not to include a copy of the profit and loss account within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Star Resilianz Ltd. trading as TRC Outdoors

Statement of Financial Position as at 31 December 2024

Approved and authorised by the director on 11 September 2025
 

.........................................

B O'Toole

Director

Company registration number: 08612713

Star Resilianz Ltd. trading as TRC Outdoors

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Pilgrim Court
Stede Hill
Harrietsham
Maidstone
Kent
ME17 1NP

The principal activity of the company is that of the retail of outdoor clothing and equipment.

2	Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

Subsequent to the year end the company has ceased to trade and the director intends to dissolve the company. Accordingly the financial statements are prepared on a basis other than going concern.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when retail goods are despatched to customers.

Star Resilianz Ltd. trading as TRC Outdoors

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office Equipment	33% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Star Resilianz Ltd. trading as TRC Outdoors

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company during the year, was 0 (2023 - 0).

4	Tangible assets

	Office equipment £
Cost
Additions	1,137
At 31 December 2024	1,137
Depreciation
Charge for the year	379
At 31 December 2024	379
Carrying amount
At 31 December 2024	758

5

Stocks

	2024 £	2023 £
Stock	17,652	28,831

6

Debtors

	2024 £	2023 £
Trade debtors	1,881	442
Other debtors	4	5
	1,885	447

Star Resilianz Ltd. trading as TRC Outdoors

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

7

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Bank loans and overdrafts	507	1,277
Taxation and social security	410	503
Other creditors	86,308	101,415
	87,225	103,195