REGISTERED NUMBER: 04394145 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 DECEMBER 2025

FOR

TRUSTCLUB LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P J Linnell

Mrs S R Linnell

REGISTERED OFFICE:

53 Gildredge Road

Eastbourne

East Sussex

BN21 4SF

REGISTERED NUMBER:

04394145 (England and Wales)

ACCOUNTANTS:

Honey Barrett Limited

Chartered Accountants

53 Gildredge Road

Eastbourne

East Sussex

BN21 4SF

FIXED ASSETS

Intangible assets

5

97,893

112,797

Tangible assets

6

14,243

3,768

Investments

7

1,000

1,000

113,136

117,565

CURRENT ASSETS

Debtors

8

2,951,671

1,470,044

Cash at bank

182,234

252,693

3,133,905

1,722,737

CREDITORS

Amounts falling due within one year

9

2,448,400

1,205,003

NET CURRENT ASSETS

685,505

517,734

TOTAL ASSETS LESS CURRENT LIABILITIES

798,641

635,299

PROVISIONS FOR LIABILITIES

11

-

942

NET ASSETS

798,641

634,357

CAPITAL AND RESERVES

Called up share capital

12

30,000

30,000

Retained earnings

768,641

604,357

SHAREHOLDERS' FUNDS

798,641

634,357

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year 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.

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 Profit and Loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 July 2026 and were signed on its behalf by:

Mr P J Linnell - Director

1.	STATUTORY INFORMATION

Trustclub Limited 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.

2.	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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Business Support Services: Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Holiday Travel Packages: Turnover relating to holiday travel packages is measured by the commission element within the total package price.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Amortisation is provided at the following annual rates.

Website - 25% on cost

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

33% on cost

Fixtures and fittings

-

50% on cost

Equipment

-

25% on cost

All fixed assets are initially recorded at cost.

Investments in associates

Investments in associate undertakings are recognised at cost less impairment.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities, like trade and other accounts receivable and payable, loans from banks and other third parties and loans to / from related parties.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the present value of the future cash flows and subsequently measured at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted transaction price less any impairment.

If the arrangements of a short term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of the estimated cash flows discounted at the asset's original effective rate.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the reporting date.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet and measured as detailed above.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Finance costs are charged to the profit and loss over the term of the financial asset / liability using the effective interest method so that the amount charged is at a constant rate on the carrying amount.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss account, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 14 ) .

5.	INTANGIBLE FIXED ASSETS

Website

£

COST

At 1 January 2025

161,452

Additions

26,827

At 31 December 2025

188,279

AMORTISATION

At 1 January 2025

48,655

Amortisation for year

41,731

At 31 December 2025

90,386

NET BOOK VALUE

At 31 December 2025

97,893

At 31 December 2024

112,797

6.	TANGIBLE FIXED ASSETS

Fixtures

Improvements

and

to property

fittings

Equipment

Totals

£

£

£

£

COST

At 1 January 2025

-

-

13,336

13,336

Additions

9,119

1,395

2,645

13,159

At 31 December 2025

9,119

1,395

15,981

26,495

DEPRECIATION

At 1 January 2025

-

-

9,568

9,568

Charge for year

507

148

2,029

2,684

At 31 December 2025

507

148

11,597

12,252

NET BOOK VALUE

At 31 December 2025

8,612

1,247

4,384

14,243

At 31 December 2024

-

-

3,768

3,768

7.	FIXED ASSET INVESTMENTS

Interest in

associate

£

COST

At 1 January 2025

and 31 December 2025

1,000

NET BOOK VALUE

At 31 December 2025

1,000

At 31 December 2024

1,000

8.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

1,697,911

259,097

Other debtors

-

175,092

Tax

10,028

-

VAT

192,817

-

Prepayments and accrued income

1,035,475

1,035,855

2,936,231

1,470,044

Amounts falling due after more than one year:

Deferred tax asset

15,440

-

Aggregate amounts

2,951,671

1,470,044

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

2,003,892

869,026

Corporation tax

-

10,028

PAYE and social security

16,031

12,194

VAT

-

25,508

Other creditors

288,850

169,387

Directors' current accounts

26,473

37,395

Accruals and deferred income

113,154

81,465

2,448,400

1,205,003

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

7,000

-

Between one and five years

12,250

-

19,250

-

11.	PROVISIONS FOR LIABILITIES

2024

£

Deferred tax

Accelerated capital allowances

942

Deferred tax

£

Balance at 1 January 2025

942

Provided during year

(16,382

)

Balance at 31 December 2025

(15,440

)

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

15,000

Ordinary A

£1

15,000

15,000

15,000

Ordinary B

£1

15,000

15,000

30,000

30,000

13.	RELATED PARTY DISCLOSURES

Included in Other Creditors is a balance owing of £144,108 (2024: £144,108) to another company of which Peter Linnell is the sole beneficial owner. The balance is interest free and repayable on demand.