Trust Commodities Ltd

	Page
Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Report to the director on the preparation of the unaudited statutory accounts of Trust Commodities Ltd for the year ended 31 July 2025

To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Trust Commodities Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the director of Trust Commodities 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 accounts of Trust Commodities Ltd and state those matters that we have agreed to state to the director of Trust Commodities Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Trust Commodities Ltd and its director as a body for our work or for this report.

It is your duty to ensure that Trust Commodities 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 or loss of Trust Commodities Ltd . You consider that Trust Commodities 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 Trust Commodities 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 financial statements.

Anderson Ross Accounting & Tax Ltd

8 April 2026

Anderson Ross Accounting & Tax Ltd

G-05 Davenport House

16 Pepper Street

London

E14 9RP

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Trust Commodities Ltd

Balance Sheet

As At 31 July 2025

Balance Sheet

Registered number: 07317235

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		367		490
Investments	5		462,000		462,000

			462,367		462,490
CURRENT ASSETS
Debtors	6	201		205
Cash at bank and in hand		13,769		9,830

		13,970		10,035
Creditors: Amounts Falling Due Within One Year	7	(296,838 )		(313,638 )

NET CURRENT ASSETS (LIABILITIES)			(282,868 )		(303,603 )

TOTAL ASSETS LESS CURRENT LIABILITIES			179,499		158,887

Creditors: Amounts Falling Due After More Than One Year	8		(104,145 )		(104,145 )

NET ASSETS			75,354		54,742

CAPITAL AND RESERVES
Called up share capital	9		80,000		80,000
Profit and Loss Account			(4,646 )		(25,258 )

SHAREHOLDERS' FUNDS			75,354		54,742

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Trust Commodities Ltd

Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Amir Edalatian Alipour

Director

8 April 2026

The notes on pages 4 to 6 form part of these financial statements.

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Trust Commodities Ltd

Notes to the Financial Statements

For The Year Ended 31 July 2025

Notes to the Financial Statements

1. General Information

Trust Commodities Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07317235 . The registered office is G-05 Davenport House, 16 Pepper Street, London, E14 9RP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

25% reducing balance

2.4. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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Trust Commodities Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 August 2024	9,607

As at 31 July 2025	9,607

Depreciation
As at 1 August 2024	9,117
Provided during the period	123

As at 31 July 2025	9,240

Net Book Value
As at 31 July 2025	367

As at 1 August 2024	490

5. Investments

	Unlisted
	£
Cost
As at 1 August 2024	462,000

As at 31 July 2025	462,000

Provision
As at 1 August 2024	-

As at 31 July 2025	-

Net Book Value
As at 31 July 2025	462,000

As at 1 August 2024	462,000

6. Debtors

	2025	2024
	£	£
Due within one year
VAT	201	205

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Trust Commodities Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	2,596	-
Other taxes and social security	1,534	565
Net wages	-	3,896
Accruals and deferred income	167	167
Director's loan account	292,541	309,010

	296,838	313,638

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other creditors	104,145	104,145

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	80,000	80,000

10. Related Party Transactions

Included in creditors falling due within one year is an amount of £292,541 (2024: £309,010) owed to the director of the company. The loan is interest free.

Included in creditors falling due after more than one year is an amount of £104,145 (2024: £104,145) owed to Iman Edalatian. The loan is interest free.

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