TRENDS RESEARCH LTD

TRENDS RESEARCH LTD

TRENDS RESEARCH LTD - Company Information

Print Friendly Version

TRENDS RESEARCH LTD

Company Registration Number:
07879807 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

TRENDS RESEARCH LTD

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

TRENDS RESEARCH LTD

Balance sheet

As at 31 December 2022


Notes
2022
2021


£
£
Fixed assets
Intangible assets: 3 362,250 315,000
Tangible assets: 4 12,000 15,000
Total fixed assets: 374,250 330,000
Current assets
Debtors:   22,874 47,600
Cash at bank and in hand:   68,370
Total current assets: 22,874 115,970
Creditors: amounts falling due within one year:   (1,420) (41,700)
Net current assets (liabilities): 21,454 74,270
Total assets less current liabilities: 395,704 404,270
Total net assets (liabilities): 395,704 404,270
Capital and reserves
Called up share capital: 10,000 10,000
Share premium account: 385,704 394,270
Shareholders funds: 395,704 404,270

The notes form part of these financial statements

TRENDS RESEARCH LTD

Balance sheet statements

For the year ending 31 December 2022 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 10 August 2023
and signed on behalf of the board by:

Name: Richard 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 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

TRENDS RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 4 4

TRENDS RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Intangible Assets

Total
Cost £
At 01 January 2022 315,000
Additions 22,000
Revaluations 25,250
At 31 December 2022 362,250
Net book value
At 31 December 2022 362,250
At 31 December 2021 315,000

TRENDS RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Tangible Assets

Total
Cost £
At 01 January 2022 15,000
At 31 December 2022 15,000
Depreciation
At 01 January 2022 0
Charge for year 3,000
At 31 December 2022 3,000
Net book value
At 31 December 2022 12,000
At 31 December 2021 15,000

TRENDS RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

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 Group' ownership and control. Namely Capital Business Media Ltd., Inscriptio Ltd and The Business Events and Awards Company Ltd.
£
Balance at 01 January 2022 187,000
Balance at 31 December 2022 136,000
Name of the related party:
Relationship:
Director
Description of the Transaction: The company rents premises to operate from within an agreed fixed monthly basis within an ongoing 12 month rolling contract.
£
Balance at 01 January 2022 3,600
Balance at 31 December 2022 3,600