TRILOGY DEVELOPMENTS LIMITED

TRILOGY DEVELOPMENTS LIMITED

TRILOGY DEVELOPMENTS LIMITED - Company Information

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TRILOGY DEVELOPMENTS LIMITED

Company Registration Number:
07746983 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2018

Period of accounts

Start date: 01 May 2017

End date: 30 April 2018

TRILOGY DEVELOPMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2018

Balance sheet
Notes

TRILOGY DEVELOPMENTS LIMITED

Balance sheet

As at 30 April 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 3 1,581 1,228
Total fixed assets: 1,581 1,228
Current assets
Debtors:   13,754 6,455
Cash at bank and in hand: 4,807 2,218
Total current assets: 18,561 8,673
Creditors: amounts falling due within one year:   (9,595) (9,552)
Net current assets (liabilities): 8,966 (879)
Total assets less current liabilities: 10,547 349
Total net assets (liabilities): 10,547 349
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 10,545 347
Shareholders funds: 10,547 349

The notes form part of these financial statements

TRILOGY DEVELOPMENTS LIMITED

Balance sheet statements

For the year ending 30 April 2018 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 25 January 2019
and signed on behalf of the board by:

Name: P M Stones
Status: Director

The notes form part of these financial statements

TRILOGY DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2018

1. Accounting policies

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

Turnover policy

Turnover represents net invoiced of services provided, excluding value added tax.

Tangible fixed assets and depreciation policy

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.Depreciation is provided on the following basis:Office equipment - 33.33%

TRILOGY DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2018

2. Employees

2018 2017
Average number of employees during the period 1 1

TRILOGY DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2018

3. Tangible Assets

Total
Cost £
At 01 May 2017 5,208
Additions 1,817
At 30 April 2018 7,025
Depreciation
At 01 May 2017 3,980
Charge for year 1,464
At 30 April 2018 5,444
Net book value
At 30 April 2018 1,581
At 30 April 2017 1,228

TRILOGY DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2018

4. Loans to directors

At 30 April 2018, P M stones owed the company £5,652 (2017: £1,655). This loan will be repaid within 9 months of the year end.

TRILOGY DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2018

5. Related party transactions

The company was under the control of P M Stones and D J Stones throughout the current and previous year. P M Stones and D J Stones are equal shareholders.During the year £Nil (2017: £5,000) was paid to D J Stones in respect of consultancy fees. At the year end £Nil (2017: £Nil) was owed to D J Stones.P M Stones and D J Stones received no dividends during the year (2017: £9,500).At the year end the company was owed £442 (2017: £Nil) by Trilogy Developments (Dorking) Limited, a company of which P M Stones is also a director.At the year end the company was owed £2,860 (2017: £Nil) by Trilogy Developments (Beverley) Limited, a company of which P M Stones and D J Stones are also directors.