REGISTERED NUMBER: 03763688 (England and Wales)

Unaudited Financial Statements for the Year Ended 30th April 2024

for

Trading Research Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R L Rothman

REGISTERED OFFICE:

Vine House Stables

Portsmouth Road

Cobham

KT11 1JQ

REGISTERED NUMBER:

03763688 (England and Wales)

ACCOUNTANTS:

OCG Accountants Ltd

Biz Hub Tees Valley

Belasis Hall Technology Park

Coxwold Way

Billingham

Co. Durham

TS23 4EA

FIXED ASSETS

Tangible assets

4

5,272

4,694

CURRENT ASSETS

Debtors

5

16,813

11,013

Investments

6

391,950

204,500

Cash at bank

13,003

47,131

421,766

262,644

CREDITORS

Amounts falling due within one year

7

(203,319

)

(109,818

)

NET CURRENT ASSETS

218,447

152,826

TOTAL ASSETS LESS CURRENT LIABILITIES

223,719

157,520

CREDITORS

Amounts falling due after more than one year

8

(61,882

)

(88,329

)

NET ASSETS

161,837

69,191

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

160,837

68,191

161,837

69,191

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17th November 2025 and were signed by:

R L Rothman - Director

1.	STATUTORY INFORMATION

Trading Research 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.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

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

TURNOVER

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

Plant and machinery etc

-

33% on cost and 25% on reducing balance

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

HIRE PURCHASE AND LEASING COMMITMENTS

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1st May 2023

-

9,947

4,973

14,920

Additions

1,260

-

1,767

3,027

Disposals

-

-

(2,613

)

(2,613

)

At 30th April 2024

1,260

9,947

4,127

15,334

DEPRECIATION

At 1st May 2023

-

5,752

4,474

10,226

Charge for year

315

1,049

1,083

2,447

Eliminated on disposal

-

-

(2,611

)

(2,611

)

At 30th April 2024

315

6,801

2,946

10,062

NET BOOK VALUE

At 30th April 2024

945

3,146

1,181

5,272

At 30th April 2023

-

4,195

499

4,694

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

16,813

11,013

6.	CURRENT ASSET INVESTMENTS

2024

2023

£

£

Investment in LLP

391,950

204,500

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

40,113

40,113

Taxation and social security

73,351

63,628

Other creditors

89,855

6,077

203,319

109,818

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other creditors

61,882

88,329

2024

2023

£

£

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

61,882

88,329

9.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loan

101,995

128,442

The Co-operative bank has secured a charge over the company's assets by way of a mortgage debenture over the company dated 10th July 2020.