IRIS Accounts Production v25.2.0.378 07936999 Board of Directors 1.3.24 28.2.25 28.2.25 27/10/2025 false true false false true false Auditors Opinion Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 07936999 2024-02-29 07936999 2025-02-28 07936999 2024-03-01 2025-02-28 07936999 2023-02-28 07936999 2023-03-01 2024-02-29 07936999 2024-02-29 07936999 ns15:EnglandWales 2024-03-01 2025-02-28 07936999 ns14:PoundSterling 2024-03-01 2025-02-28 07936999 ns10:Director1 2024-03-01 2025-02-28 07936999 ns10:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 07936999 ns10:SmallEntities 2024-03-01 2025-02-28 07936999 ns10:Audited 2024-03-01 2025-02-28 07936999 ns10:SmallCompaniesRegimeForDirectorsReport 2024-03-01 2025-02-28 07936999 ns10:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 07936999 ns10:FullAccounts 2024-03-01 2025-02-28 07936999 ns10:OrdinaryShareClass1 2024-03-01 2025-02-28 07936999 ns10:Director2 2024-03-01 2025-02-28 07936999 ns10:CompanySecretary1 2024-03-01 2025-02-28 07936999 ns10:RegisteredOffice 2024-03-01 2025-02-28 07936999 ns5:CurrentFinancialInstruments 2025-02-28 07936999 ns5:CurrentFinancialInstruments 2024-02-29 07936999 ns5:Non-currentFinancialInstruments 2025-02-28 07936999 ns5:Non-currentFinancialInstruments 2024-02-29 07936999 ns5:ShareCapital 2025-02-28 07936999 ns5:ShareCapital 2024-02-29 07936999 ns5:RetainedEarningsAccumulatedLosses 2025-02-28 07936999 ns5:RetainedEarningsAccumulatedLosses 2024-02-29 07936999 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-02-28 07936999 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-02-29 07936999 ns10:OrdinaryShareClass1 2025-02-28

REGISTERED NUMBER: 07936999 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

TRUSTE EUROPE LTD.

| TRUSTE EUROPE LTD. (REGISTERED NUMBER: 07936999) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

Page |

| Company information | 1 |

| Balance sheet | 2 |

| Notes to the financial statements | 3 |

| TRUSTE EUROPE LTD. |

COMPANY INFORMATION

FOR THE YEAR ENDED 28 FEBRUARY 2025

| Directors: | Trustarc Inc

| T J Sullivan

| Secretary: | Vistra Cosec Limited

| Registered office: | Suite 1, 7th Floor

| 50 Broadway

| London

| SW1H 0BL

| Registered number: | 07936999 (England and Wales)

| Senior statutory auditor: | Simon Roper

| Auditors: | Fuller & Roper Limited

| Chartered Accountants and Statutory Auditors

| 12 Old Mills Industrial Estate

| Paulton

| BS39 7SU

| TRUSTE EUROPE LTD. (REGISTERED NUMBER: 07936999) |

BALANCE SHEET

28 FEBRUARY 2025

28/2/25 | 29/2/24 |

| Notes | £ | £

CURRENT ASSETS

Debtors | 4 | 100,924 |  | 100,975 |  |

CREDITORS

Amounts falling due within one year | 5 | (9,275 | ) | (13,574 | ) |

NET CURRENT ASSETS | 91,649 |  | 87,401 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 91,649 |  | 87,401 |  |

CREDITORS

Amounts falling due after more than one year | 6 | (2,151 | ) | (2,151 | ) |

NET ASSETS | 89,498 |  | 85,250 |  |

CAPITAL AND RESERVES

Called up share capital | 7 | 10,000 |  | 10,000 |  |

Retained earnings | 79,498 |  | 75,250 |  |

SHAREHOLDERS' FUNDS | 89,498 |  | 85,250 |  |

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 Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 October 2025 and were signed on its behalf by:

T J Sullivan - Director

| TRUSTE EUROPE LTD. (REGISTERED NUMBER: 07936999) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

1. | STATUTORY INFORMATION

| Truste Europe Ltd. is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The company's functional and presentational currency is pounds sterling (GBP) and the financial statements have been rounded to the nearest pound (£).

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

| Income is derived from recharges to group companies and is recognised when costs are incurred.

| Financial instruments

| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.

| Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| Classification of financial liabilities

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

| Basic financial liabilities

| Basic financial liabilities, including creditors, and loans from fellow group companies are initially recognised at transaction price.

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are initially recognised at transaction price.

| 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.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| 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.

| Going concern

| The company is reliant on group companies to providing the necessary funding for it to meet its obligations as they fall due. The directors have received assurances from the parent company that all necessary funding will be provided for a period of at least 12 months from the date of approval of the balance sheet.

| TRUSTE EUROPE LTD. (REGISTERED NUMBER: 07936999) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 3 ) .

4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

28/2/25 | 29/2/24 |

| £ | £

| Amounts owed by group undertakings | 98,537 |  | 99,477 |  |

| Other debtors | 2,387 |  | 1,498 |  |

100,924 |  | 100,975 |  |

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

28/2/25 | 29/2/24 |

| £ | £

| Trade creditors | 534 |  | - |  |

| Taxation and social security | 997 |  | 2,152 |  |

| Other creditors | 7,744 |  | 11,422 |  |

9,275 |  | 13,574 |  |

6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

28/2/25 | 29/2/24 |

| £ | £

| Amounts owed to group undertakings | 2,151 |  | 2,151 |  |

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 28/2/25 | 29/2/24 |

value: |  | £ | £

| 10,000 | Ordinary | £1 | 10,000 |  | 10,000 |  |

8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the auditors was unqualified.

| Simon Roper (Senior Statutory Auditor)

| for and on behalf of Fuller & Roper Limited

9. | RELATED PARTY DISCLOSURES

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

10. | ULTIMATE CONTROLLING PARTY

| The company is a wholly owned subsidiary of TrustArc Inc., a company incorporated in Delaware, USA.