Company registration number: 09142501
Unaudited financial statements
for the year ended 31 July 2025
for
Trendyist Ltd
Pages for filing with the Registrar
Trendyist Ltd
Accountants' Report to the Board of Directors for the preparation of the unaudited
financial statements
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Trendyist Ltd for the year ended 31 July 2025 which comprise the Profit and loss account, Balance sheet and the notes to the financial statements from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Trendyist Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Trendyist Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Trendyist Ltd and its Board of Directors, as a body, for our work, or for this report.
It is your duty to ensure that Trendyist Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Trendyist Ltd. You consider that Trendyist Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Trendyist Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Magnanimity Accounting Ltd
Date: 23 September 2025
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Company registration number: 09142501
Trendyist Ltd
Balance sheet
as at 31 July 2025
31 Jul 25 31 Jul 24
£ £ £ £
Current assets
Debtors 1,282 3,052
Investments 1,102,560 180,120
Cash at bank and in hand 283,780 709,949
1,387,622 893,121
Creditors: amounts falling due within one
year 		(313,884) (2,137)
Net current assets 1,073,738 890,984
Provisions for liabilities 10,930 -
NET ASSETS 1,084,668 890,984
Capital and reserves
Called up share capital 100 100
Profit and loss account 1,084,568 890,884
TOTAL EQUITY 1,084,668 890,984
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 July 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 09142501
Trendyist Ltd
Balance sheet - continued
as at 31 July 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 23 September 2025 and signed on its behalf by:
Mr K Smith, Director
23 September 2025
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Trendyist Ltd
Notes to the financial statements
for the year ended 31 July 2025
1 Company information
Trendyist Ltd is a private company registered in England and Wales. Its registered number is 09142501. The company is limited by shares. Its registered office is 28 Copthall Gardens, Twickenham, TW1 4HJ.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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Trendyist Ltd
Notes to the financial statements - continued
for the year ended 31 July 2025
3 Average number of employees
During the year the average number of employees was 2 (2024 - 2).
4 Financial instruments
The company has elected to apply the provisions of Section 11 Basic Financial Instruments and Section 12 Other Financial Instruments Issues of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Company's balance sheet when the company becomes a party to the contractual provisions of the instrument.
Investments are measured at fair value through profit or loss. Fair value is determined by reference to quoted market prices in an active market where available, or by using appropriate valuation techniques where quoted prices are not available. Changes in fair value are recognised in the statement of income in the period in which they arise. Other financial assets and liabilities, including cash and receivables, are measured at amortised cost, unless otherwise stated.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when the company has a legally enforceable right to set off the recognised amounts and intends either to settle on a net basis or to realise the asset and settle the liability simultaneously.
Derivative financial instruments, such as options, are measured at fair value through profit or loss. Fair value is determined using appropriate valuation techniques. Gains and losses are recognised in profit or loss as they arise.
5 Post balance sheet events
There have been no significant events since the balance sheet date.
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