Trajectory 5 Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 11638256 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023

FOR

TRAJECTORY 5 LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr L H Greenwall

Dr H J Cohen

REGISTERED OFFICE:

55 Loudoun Road

London

NW8 0DL

REGISTERED NUMBER:

11638256 (England and Wales)

ACCOUNTANTS:

MGR SD Limited

Chartered Accountants

55 Loudoun Road

London

NW8 0DL

FIXED ASSETS

Investment property

4

895,019

895,019

CURRENT ASSETS

Debtors

5

31,175

19,874

Cash at bank

3,058

304

34,233

20,178

CREDITORS

Amounts falling due within one year

6

(394,603

)

(389,686

)

NET CURRENT LIABILITIES

(360,370

)

(369,508

)

TOTAL ASSETS LESS CURRENT LIABILITIES

534,649

525,511

CREDITORS

Amounts falling due after more than one year

7

(510,000

)

(510,000

)

NET ASSETS

24,649

15,511

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

24,549

15,411

SHAREHOLDERS' FUNDS

24,649

15,511

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 March 2024 and were signed on its behalf by:

Dr L H Greenwall - Director

1.	STATUTORY INFORMATION

Trajectory 5 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.

The company's balance sheet shows a net current liability deficit of £360,370 (2022: £369,508). The director will continue to provide support to the company. On this basis the director considers it appropriate to prepare the financial statements on a going concern basis.

Turnover

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2022

and 30 April 2023

895,019

NET BOOK VALUE

At 30 April 2023

895,019

At 30 April 2022

895,019

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.23

30.4.22

£

£

Other debtors

31,175

19,874

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.23

30.4.22

£

£

Amounts owed to related parties

176,672

170,083

Taxation and social security

5,759

3,615

Other creditors

212,172

215,988

394,603

389,686

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.23

30.4.22

£

£

Bank loans

510,000

510,000

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

510,000

510,000

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.4.23

30.4.22

£

£

Bank loans

510,000

510,000

The bank loan is secured by a charge over the company's investment property.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.23

30.4.22

value:

£

£

100

Ordinary

£1

100

100

10.	RELATED PARTY DISCLOSURES

Trajectory 3 Limited

A company in which Dr L H Greenwall is a director.

There were no transaction between the parties apart from the transfer of funds during the period.

30.4.23

30.4.22

£

£

Amount due to related party at the balance sheet date

638

-

Hampstead Healthcare Limited

A company in which Dr L H Greenwall is a director.

There were no transactions between the parties apart from the transfer of funds during the period.

30.4.23

30.4.22

£

£

Amount due to related party at the balance sheet date

170,083

170,083

Anedjore Alyth Limited

A company in which Dr L H Greenwall is a director.

There were no transactions between the parties apart from the transfer of funds during the period.

30.4.23

30.4.22

£

£

Amount due to related party at the balance sheet date

596

2,000

Trajectory 1 Limited

A company in which Dr L H Greenwall is a director.

There were no transactions between the parties apart from the transfer of funds during the period.

30.4.23

30.4.22

£

£

Amount due to related party at the balance sheet date

2,104

1,960

Anedjore Properties Limited

A company in which Dr L H Greenwall is a director.

There were no transactions between the parties apart from the transfer of funds during the period.

30.4.23

30.4.22

£

£

Amount due from related party at the balance sheet date

4,920

3,005

Trajectory 4 Limited

A company in which Dr L H Greenwall is a director.

There were no transactions between the parties apart from the transfer of funds during the period.

30.4.23

30.4.22

£

£

Amount due from related party at the balance sheet date

15,614

16,437

Trajectory Camden Limited

A company in which Dr L H Greenwall is a director.

There were no transactions between the parties apart from the transfer of funds during the period.

30.4.23

30.4.22

£

£

Amount due from related party at the balance sheet date

8,643

4,392

Trajectory 162 Limited

A company in which Dr L H Greenwall is a director.

There were no transactions between the parties apart from the transfer of funds during the period.

30.4.23

30.4.22

£

£

Amount due from related party at the balance sheet date

1,500

-

Trajectory 125 Limited

A company in which Dr L H Greenwall is a director.

There were no transactions between the parties apart from the transfer of funds during the period.

30.4.23

30.4.22

£

£

Amount due from related party at the balance sheet date

498

-

Trajectory 13 Limited

A company in which Dr L H Greenwall is a director.

There were no transaction between the parties apart from the transfer of funds during the period.

30.4.23

30.4.22

£

£

Amount due to related party at the balance sheet date

3,251

-