Trimast Associates Limited - Accounts to registrar (filleted) - small 18.2
Trimast Associates Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 January 2018 |
| for |
| Trimast Associates Limited |
| Trimast Associates Limited (Registered number: 04629839) |
| Contents of the Financial Statements |
| for the year ended 31 January 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Trimast Associates Limited |
| Company Information |
| for the year ended 31 January 2018 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Unit 6,CherryTree Farm |
| Blackmore End Road |
| Sible Hedingham |
| Essex |
| CO9 3LZ |
| Trimast Associates Limited (Registered number: 04629839) |
| Balance Sheet |
| 31 January 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | 10 | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Revaluation reserve | 11 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| Trimast Associates Limited (Registered number: 04629839) |
| Balance Sheet - continued |
| 31 January 2018 |
| 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 on |
| Trimast Associates Limited (Registered number: 04629839) |
| Notes to the Financial Statements |
| for the year ended 31 January 2018 |
| 1. | STATUTORY INFORMATION |
| Trimast Associates Limited is a |
| 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 |
| 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 |
| Plant and machinery etc | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Trimast Associates Limited (Registered number: 04629839) |
| Notes to the Financial Statements - continued |
| for the year ended 31 January 2018 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST OR VALUATION |
| At 1 February 2017 |
| Additions |
| Disposals | ( |
) | ( |
) |
| Revaluations |
| At 31 January 2018 |
| DEPRECIATION |
| At 1 February 2017 |
| Charge for year |
| At 31 January 2018 |
| NET BOOK VALUE |
| At 31 January 2018 |
| At 31 January 2017 |
| During the year, land and property has been revalued as per the Director's valuations below: |
| Land and property at The Vicarage has been revalued to £1,800,000 |
| Land and property at The Cross Keys has been revalued to £1,000,000 |
| Land at Braintree has been revalued to £2,000,000 |
| 5. | FIXED ASSET INVESTMENTS |
| Investments (neither listed nor unlisted) were as follows: |
| 2018 | 2017 |
| £ | £ |
| Investment in Holme | 70,000 | 70,000 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Amounts owed by associates |
| As at 31st January 2018 the company was owed £140,000 (2017: £140,000) by The Sun, £92,885 (2017: |
| £92,885) by R&L Mulligan Ltd, £341,585 (2016: £281,226) by Holme Property Maintenance and Development |
| Ltd and £800 (2017: NIL) by JBA Developments Ltd. |
| Trimast Associates Limited (Registered number: 04629839) |
| Notes to the Financial Statements - continued |
| for the year ended 31 January 2018 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Bank loans |
| Other creditors |
| Amounts falling due in more than five years: |
| Repayable otherwise than by instalments |
| Bank loans more 5 yrs non-inst |
| Repayable by instalments |
| Bank loans more 5 yr by instal | 378,121 | 414,420 |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2018 | 2017 |
| £ | £ |
| Bank loans |
| Secured on freehold property |
| 10. | PROVISIONS FOR LIABILITIES |
| 2018 | 2017 |
| £ | £ |
| Deferred tax | 587,556 | 20,607 |
| Deferred |
| tax |
| £ |
| Balance at 1 February 2017 |
| Charge to Income Statement during year |
| Balance at 31 January 2018 |
| Trimast Associates Limited (Registered number: 04629839) |
| Notes to the Financial Statements - continued |
| for the year ended 31 January 2018 |
| 11. | RESERVES |
| Revaluation |
| reserve |
| £ |
| At 1 February 2017 |
| Property revaluation | (818,513 | ) |
| At 31 January 2018 |
| 12. | RELATED PARTY DISCLOSURES |
| The company occupied premises in the year owned by Holme Property Maintenance and Development Ltd, a |
| company controlled by the director, Mr G Hand. |
| 13. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |