Trusted Square Limited iXBRL

Trusted Square Limited

Abridged Unaudited Financial Statements

for the financial period from 23 July 2024 (date of incorporation) to 31 July 2025

TRUSTED SQUARE LIMITED

Company Registration Number: 15853017

ABRIDGED BALANCE SHEET

as at 31 July 2025

Jul 25

Notes

Fixed Assets

Intangible assets

15,978

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Current Assets

Debtors

Cash and cash equivalents

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Creditors: amounts falling due within one year

(20,798)

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Net Current Liabilities

(20,771)

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Total Assets less Current Liabilities

(4,793)

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Capital and Reserves

Called up share capital

Retained earnings

(4,795)

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Equity attributable to owners of the company

(4,793)

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The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Directors' Report.

For the financial period from 23 July 2024 (date of incorporation) to 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial period and of its profit and loss for the financial period 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.

Approved by the Board and authorised for issue on 22 April 2026 and signed on its behalf by




________________________________
Andrey Popov
Director

TRUSTED SQUARE LIMITED

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 23 JULY 2024 (DATE OF INCORPORATION) TO 31 JULY 2025

General Information

Trusted Square Limited is a company limited by shares incorporated and registered in the England and Wales. The registered number of the company is 15853017. The registered office of the company is Ryefield Court, 81 Joel Street, Northwood Hills, Middlesex, HA6 1LL which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Directors' Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial period ended 31 July 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention. In assessing the appropriateness of this basis, the directors have considered the company’s current financial position and expected future cash flows. The company is currently funded by the director by way of a loan which is repayable on demand. The director has confirmed that he will not seek repayment of this balance for at least twelve months from the date of approval of the financial statements unless the company is in a position to make such payment. On that basis, the directors consider that the company will have access to sufficient financial support to continue in operational existence for the foreseeable future and have therefore prepared the financial statements on the going concern basis.

Intangible assets

Software Development

Software development costs are stated at cost less accumulated amortisation and any accumulated impairment losses. Cost comprises directly attributable external development expenditure incurred in creating and enhancing the company’s software platform.

Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful life of 5 years.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial period and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Period of financial statements

The financial statements are for the 12 month 9 days period from 23 July 2024 (date of incorporation) to 31 July 2025.

Employees

The average monthly number of employees, including directors, during the financial period was 0, (Jul 24 - 0).


5.	Intangible assets
		Software
		Development	Total
		£	£
	Cost
	At 23 July 2024	-	-
	Additions	17,172	17,172
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	At 31 July 2025	17,172	17,172
		─────────	─────────
	Amortisation
	Charge for financial period	1,194	1,194
		─────────	─────────
	At 31 July 2025	1,194	1,194
		─────────	─────────
	Net book value
	At 31 July 2025	15,978	15,978
		═════════	═════════

Capital commitments

The company had no material capital commitments at the financial period-ended 31 July 2025.

Post-Balance Sheet Events

There have been no significant events affecting the company since the financial period-end.