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REGISTERED NUMBER: 02090415 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022

FOR

TRISEC LIMITED

TRISEC LIMITED (REGISTERED NUMBER: 02090415)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TRISEC LIMITED

COMPANY INFORMATION
for the Year Ended 31st March 2022







DIRECTOR: M A Allen





SECRETARY: Mrs N A Allen





REGISTERED OFFICE: Unit 3
Richardson House
Sherwood Avenue
Newark
Nottinghamshire
NG24 1QF





REGISTERED NUMBER: 02090415 (England and Wales)





ACCOUNTANTS: Stephenson Nuttall & Co
Chartered Accountants
Ossington Chambers
6-8 Castle Gate
Newark
Nottinghamshire
NG24 1AX

TRISEC LIMITED (REGISTERED NUMBER: 02090415)

BALANCE SHEET
31st March 2022

31/3/22 31/3/21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 32,892 21,932

CURRENT ASSETS
Stocks 4,494 2,884
Debtors 5 54,822 62,876
Cash at bank and in hand 242,705 245,801
302,021 311,561
CREDITORS
Amounts falling due within one year 6 135,233 145,792
NET CURRENT ASSETS 166,788 165,769
TOTAL ASSETS LESS CURRENT
LIABILITIES

199,680

187,701

CREDITORS
Amounts falling due after more than one year 7 - (278 )

PROVISIONS FOR LIABILITIES 9 (6,249 ) (4,167 )
NET ASSETS 193,431 183,256

CAPITAL AND RESERVES
Called up share capital 10 56 56
Capital redemption reserve 44 44
Retained earnings 193,331 183,156
SHAREHOLDERS' FUNDS 193,431 183,256

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2022 in accordance with Section 476 of the Companies Act 2006.

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.

TRISEC LIMITED (REGISTERED NUMBER: 02090415)

BALANCE SHEET - continued
31st March 2022


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10th August 2022 and were signed by:





M A Allen - Director


TRISEC LIMITED (REGISTERED NUMBER: 02090415)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2022

1. STATUTORY INFORMATION

Trisec 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.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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 Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2021 - 4 ) .

TRISEC LIMITED (REGISTERED NUMBER: 02090415)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2022

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st April 2021 5,961 9,147 44,160 14,153 73,421
Additions 634 150 24,700 433 25,917
Disposals - - (17,968 ) - (17,968 )
At 31st March 2022 6,595 9,297 50,892 14,586 81,370
DEPRECIATION
At 1st April 2021 4,558 8,530 25,742 12,659 51,489
Charge for year 259 192 8,575 482 9,508
Eliminated on disposal - - (12,519 ) - (12,519 )
At 31st March 2022 4,817 8,722 21,798 13,141 48,478
NET BOOK VALUE
At 31st March 2022 1,778 575 29,094 1,445 32,892
At 31st March 2021 1,403 617 18,418 1,494 21,932

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/22 31/3/21
£    £   
Trade debtors 49,490 55,594
Prepayments 5,332 7,282
54,822 62,876

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/22 31/3/21
£    £   
Other loans 37,708 38,936
Hire purchase contracts 278 1,667
Trade creditors 25,077 27,154
Tax 7,863 11,253
Social security and other taxes 16,920 19,210
Other creditors 553 626
Receipts in advance 6,913 5,543
Directors' current accounts 37,916 39,144
Accrued expenses 2,005 2,259
135,233 145,792

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/3/22 31/3/21
£    £   
Hire purchase contracts - 278

TRISEC LIMITED (REGISTERED NUMBER: 02090415)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2022

8. SECURED DEBTS

The following secured debts are included within creditors:

31/3/22 31/3/21
£    £   
Hire purchase contracts 278 1,945

9. PROVISIONS FOR LIABILITIES
31/3/22 31/3/21
£    £   
Deferred tax 6,249 4,167

Deferred
tax
£   
Balance at 1st April 2021 4,167
Accelerated capital allowances 2,082
Balance at 31st March 2022 6,249

10. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31/3/22 31/3/21
value: £    £   
100 Ordinary 1 56 56

11. CONTINGENT LIABILITIES

The company had no contingent liabilities at 31st March 2022 (2021 - nil).

12. CAPITAL COMMITMENTS
31/3/22 31/3/21
£    £   
Contracted but not provided for in the
financial statements - -

13. ULTIMATE CONTROLLING PARTY

Mr M A Allen and Mrs N A Allen together own 100% of the issued share capital of the company.