TRENDS RESEARCH LTD

TRENDS RESEARCH LTD

TRENDS RESEARCH LTD - Company Information

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TRENDS RESEARCH LTD

Company Registration Number:
07879807 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

TRENDS RESEARCH LTD

Contents of the Financial Statements

for the Period Ended 31 December 2021

Balance sheet
Notes

TRENDS RESEARCH LTD

Balance sheet

As at 31 December 2021


Notes
2021
2020


£
£
Fixed assets
Intangible assets: 3 315,000 225,000
Tangible assets: 4 15,000 15,000
Total fixed assets: 330,000 240,000
Current assets
Debtors:   47,600 21,800
Cash at bank and in hand: 68,370 82,407
Total current assets: 115,970 104,207
Creditors: amounts falling due within one year:   (41,700) (6,700)
Net current assets (liabilities): 74,270 97,507
Total assets less current liabilities: 404,270 337,507
Total net assets (liabilities): 404,270 337,507
Capital and reserves
Called up share capital: 10,000 10,000
Share premium account: 394,270 327,507
Shareholders funds: 404,270 337,507

The notes form part of these financial statements

TRENDS RESEARCH LTD

Balance sheet statements

For the year ending 31 December 2021 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 August 2022
and signed on behalf of the board by:

Name: Richard A Alvin
Status: Director

The notes form part of these financial statements

TRENDS RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

1. Accounting policies

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

TRENDS RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

2. Employees

2021 2020
Average number of employees during the period 4 3

TRENDS RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Intangible Assets

Total
Cost £
At 01 January 2021 225,000
Revaluations 90,000
At 31 December 2021 315,000
Net book value
At 31 December 2021 315,000
At 31 December 2020 225,000

TRENDS RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Tangible Assets

Total
Cost £
At 01 January 2021 15,000
At 31 December 2021 15,000
Net book value
At 31 December 2021 15,000
At 31 December 2020 15,000

TRENDS RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

5. Related party transactions

Name of the related party:
Relationship:
Group company transactions
Description of the Transaction: The company has purchased services from and sold services to companies held within the common Capital Business Media Ltd ownership and control. Namely Capital Business Media Ltd, Inscriptio Ltd and The Business Events and Awards Company Ltd.
£
Balance at 01 January 2021 337,500
Balance at 31 December 2021 187,000
Name of the related party:
Relationship:
Director
Description of the Transaction: Te company rents premises to operator within at an agreed fixed monthly basis within an ongoing 12 month rolling contract.
£
Balance at 01 January 2021 3,600
Balance at 31 December 2021 3,600