Registration number: 08875931

Trusted Loyalty Partners Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 6

Trusted Loyalty Partners Limited

Company Information

Directors

O M Ragg M E Tomkins

Company secretary

I Tomkins

Registered office

Temeraire House Nelson Court Staffordshire Technology Park Stafford Staffordshire ST18 0WQ

Auditors

Howsons (Audit & Assurance) Limited Chartered Accountants and Registered Auditors Winton House Stoke Road Stoke on Trent Staffordshire ST4 2RW

Trusted Loyalty Partners Limited

(Registration number: 08875931)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Current assets
Debtors	4	35,766	4,713
Cash at bank and in hand		62,695	87,260
		98,461	91,973
Creditors: Amounts falling due within one year	5	(2,296,761)	(1,986,035)
Net liabilities		(2,198,300)	(1,894,062)
Capital and reserves
Called up share capital		100	100
Retained earnings		(2,198,400)	(1,894,162)
Shareholders' deficit		(2,198,300)	(1,894,062)

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of Financial Reporting Standard 102 (FRS 102) Section 1A - small entities.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 September 2025 and signed on its behalf by:
 

......................................... O M Ragg Director

Trusted Loyalty Partners Limited

Notes to the 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:
Temeraire House
Nelson Court
Staffordshire Technology Park
Stafford
Staffordshire
ST18 0WQ

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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.

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’, utilising the provisions of section 1A applicable to small entities and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The company's presentational currency is pound sterling (£). The accounts are rounded to the nearest whole pound.

Going concern

The financial statements have been prepared on a going concern basis.

Audit report

The Independent Auditors' Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 30 September 2025 was James Parr FCCA, who signed for and on behalf of Howsons (Audit & Assurance) Limited.

Revenue recognition

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

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Trusted Loyalty Partners Limited

Notes to the 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 change 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.

Financial instruments

Classification
Basic financial assets, including trade and other debtors, cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Such assets are subsequently carried at amortised cost using the effective interest method.
Basic financial liabilities, including trade and other trade creditors, bank and other loans, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

 Recognition and measurement
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit and loss.

 Impairment
If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised in the profit or loss.

Financial assets are derecognised when a) the contractual rights to the cash flows from the asset expire or are settled, or b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

Trusted Loyalty Partners Limited

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

4

Debtors

	Note	2024 £	2023 £
Trade debtors		34,895	1,277
Amounts owed by group undertakings and undertakings in which the company has a participating interest	6	-	3,269
Prepayments		771	-
Other debtors		100	167
		35,766	4,713

5

Creditors

	Note	2024 £	2023 £
Due within one year
Trade creditors		47,524	6,710
Amounts owed to group undertakings and undertakings in which the company has a participating interest	6	2,237,186	1,974,223
Taxation and social security		3,137	938
Other creditors		8,914	4,164
		2,296,761	1,986,035

6	Related party transactions

The company has taken advantage of the exemption allowed under FRS 102 paragraph 33.1A not to disclose details of transactions with entities that are wholly owned members of a group.

7	Parent and ultimate parent undertaking

The company's immediate parent is TopCashback Group Limited, incorporated in UK.

 The most senior parent entity producing publicly available financial statements is TopCashback Group Limited. These financial statements are available upon request from Companies House.

 The ultimate controlling party is O M Ragg and M E Tomkins.

Trusted Loyalty Partners Limited

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

8	Going Concern

During the prior year the directors opened the TopCashback Italy website through the company. The company has the financial support of its ultimate parent company, TopCashback Group Limited. Accordingly, the directors continue to adopt the going concern basis in preparing the annual report and accounts.