Registration number: 05879064

Trust Property Solutions Limited

(Registration number: 05879064)

Balance Sheet as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	3	5,419	8,171
Current assets
Stocks		252,692	74,692
Debtors	4	457,169	719,768
Cash at bank and in hand		2,804	20,801
		712,665	815,261
Creditors: Amounts falling due within one year	5	(745,498)	(824,758)
Net current liabilities		(32,833)	(9,497)
Total assets less current liabilities		(27,414)	(1,326)
Creditors: Amounts falling due after more than one year	5	-	(21,208)
Net liabilities		(27,414)	(22,534)
Capital and reserves
Called up share capital		2	2
Retained earnings		(27,416)	(22,536)
Shareholders' deficit		(27,414)	(22,534)

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Profit and Loss Account has been taken.

These financial statements, which 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 FRS 102 Section 1A Small Entities, were approved and authorised for issue by the Board on 9 June 2026 and signed on its behalf by:
 

.........................................

G Beech

Director

Trust Property Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1	Accounting policies

Statutory information

Trust Property Solutions Limited is a private company, limited by shares, domiciled in England and Wales, company number 05879064. The registered office is at Agility House, Rose Lane, Mansfield Woodhouse, Nottinghamshire, NG19 8BA.

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 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' 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 presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

Going concern

After due consideration of all relevant factors, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.

Revenue recognition

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers. Revenue is recognised at the point of sale of goods or upon delivery of services to customers.

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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Trust Property Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

1	Accounting policies (continued)

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	15% straight line basis
Plant and machinery	20% straight line basis
Motor vehicles	20% straight line basis
Office equipment	20% straight line basis

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the statement of comprehensive income.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 7 (2024 - 6).

Trust Property Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

4

Debtors

	2025 £	2024 £
Trade debtors	77,269	77,269
Amounts due from related undertakings	327,432	536,679
Directors' loan account	50,176	97,618
Prepayments	2,292	8,202
	457,169	719,768

5

Creditors

	2025 £	2024 £
Due within one year
Bank loan	21,208	36,357
Trade creditors	14,392	17,627
Amounts owed to related undertakings	671,647	734,598
Taxation and social security	3,422	3,489
Other creditors	30,889	23,597
Accruals	3,940	9,090
	745,498	824,758