TRUE NORTH TRADES COMMUNITY INTEREST COMPANY

Company Registration Number:
11796312 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2026

Period of accounts

Start date: 1 February 2025

End date: 31 January 2026

TRUE NORTH TRADES COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 January 2026

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

TRUE NORTH TRADES COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 January 2026

2026 2025


£
£
Turnover: 947 0
Cost of sales: ( 540 ) 0
Gross profit(or loss): 407 0
Distribution costs: 0 0
Administrative expenses: ( 2,533 ) 0
Other operating income: 0 0
Operating profit(or loss): (2,126) 0
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (2,126) 0
Tax: 0 0
Profit(or loss) for the financial year: (2,126) 0

TRUE NORTH TRADES COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 January 2026

Notes 2026 2025


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 4,195 4,661
Investments:   0 0
Total fixed assets: 4,195 4,661
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 423 59
Investments:   0 0
Total current assets: 423 59
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 423 59
Total assets less current liabilities: 4,618 4,720
Creditors: amounts falling due after more than one year: 4 ( 2,500 ) 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 2,118 4,720
Capital and reserves
Called up share capital: 2,118 4,720
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 0 0
Total Shareholders' funds: 2,118 4,720

The notes form part of these financial statements

TRUE NORTH TRADES COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 January 2026 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 3 October 2026
and signed on behalf of the board by:

Name: Christopher George Lidgerton
Status: Director

The notes form part of these financial statements

TRUE NORTH TRADES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2026

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

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

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery: 10% on reducing balance Fixtures and fittings: 15% on reducing balance Motor vehicles: 20% on reducing balance

TRUE NORTH TRADES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2026

  • 2. Employees

    2026 2025
    Average number of employees during the period 2 1

TRUE NORTH TRADES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2026

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2025 7,094 7,094
Additions
Disposals
Revaluations
Transfers
At 31 January 2026 7,094 7,094
Depreciation
At 1 February 2025 2,433 2,433
Charge for year 466 466
On disposals
Other adjustments
At 31 January 2026 2,899 2,899
Net book value
At 31 January 2026 4,195 4,195
At 31 January 2025 4,661 4,661

TRUE NORTH TRADES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2026

4. Creditors: amounts falling due after more than one year note

2026 2025
£ £
Other creditors 2,500 0
Total 2,500 0

COMMUNITY INTEREST ANNUAL REPORT

TRUE NORTH TRADES COMMUNITY INTEREST COMPANY

Company Number: 11796312 (England and Wales)

Year Ending: 31 January 2026

Company activities and impact

The company started trading again as of January 2026 in order to gain the funds necessary to enable the company to acquire a premises where we will be hosting a public workshop, heritage courses and sessions for the community including, but not exclusive to, veterans, elderly and underprivileged children

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

Directors received remuneration of £180 per Director for salaries There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
3 October 2026

And signed on behalf of the board by:
Name: Christopher George Lidgerton
Status: Director