REGISTERED NUMBER: 11736670 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Test & Research Centre Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P Bennett

S J Booker

D J Gray

REGISTERED OFFICE:

10 Queen Street Place

London

EC47 1BE

REGISTERED NUMBER:

11736670 (England and Wales)

ACCOUNTANTS:

McDougall Johnstone Limited

280a St Vincent Street

Glasgow

G2 5RL

FIXED ASSETS

Tangible assets

4

183,017

200,972

CURRENT ASSETS

Debtors

37,641

32,022

Cash at bank

26,584

29,887

64,225

61,909

CREDITORS

Amounts falling due within one year

(298,870

)

(532,560

)

NET CURRENT LIABILITIES

(234,645

)

(470,651

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(51,628

)

(269,679

)

CREDITORS

Amounts falling due after more than one year

(25,635

)

(30,969

)

NET LIABILITIES

(77,263

)

(300,648

)

RESERVES

Income and expenditure account

(77,263

)

(300,648

)

(77,263

)

(300,648

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 surplus or deficit 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.

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 Balance Sheet for the year ended 31 December 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 19 September 2025 and were signed on its behalf by:

P Bennett - Director

1.	STATUTORY INFORMATION

Test & Research Centre Ltd is a private company, limited by guarantee , 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

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

10% on reducing balance

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

25% on reducing balance

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 surplus or deficit 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

320,710

Additions

5,591

At 31 December 2024

326,301

DEPRECIATION

At 1 January 2024

119,738

Charge for year

23,546

At 31 December 2024

143,284

NET BOOK VALUE

At 31 December 2024

183,017

At 31 December 2023

200,972

5.	RELATED PARTY DISCLOSURES

The directors of Test and Research Centre Ltd are also directors in Prefabricated Access Suppliers and Manufacturers Association Limited (PASMA), Access Industry Management and Services Limited (AIMS), Access Industry Forum (AIF), The Ladder Association Ltd and Test and Research Centre Holdings Ltd.

At 31 December 2024 there is a balance of £270,975 (2023: £511,786) due to the above companies. During the year, services totalling £27,571 (2023: £29,855) were sold to the above companies. Services totalling £10,000 (2023: £10,000) were purchased from the above companies during the year. Directors of these companies are considered to be persons of significant control.

6.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party