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REGISTERED NUMBER: 07228711 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th April 2022

for

Tridex Properties Limited

Tridex Properties Limited (Registered number: 07228711)






Contents of the Financial Statements
for the Year Ended 30th April 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Tridex Properties Limited

Company Information
for the Year Ended 30th April 2022







DIRECTORS: JM Roberts
Ms T Thornton





REGISTERED OFFICE: Graylingham Lodge Cottage
Gainsborough Road
Northorpe
Gainsborough
DN21 4AN





REGISTERED NUMBER: 07228711 (England and Wales)





ACCOUNTANTS: N J Duncumb
The Old Vicarage
Scamblesby
Louth
Lincolnshire
LN11 9XL

Tridex Properties Limited (Registered number: 07228711)

Balance Sheet
30th April 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 465,000 555,000

CURRENT ASSETS
Debtors 5 110,000 -
Cash at bank 4,963 7,213
114,963 7,213
CREDITORS
Amounts falling due within one year 6 443,611 450,151
NET CURRENT LIABILITIES (328,648 ) (442,938 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

136,352

112,062

PROVISIONS FOR LIABILITIES 15,806 13,749
NET ASSETS 120,546 98,313

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 7 67,383 92,910
Retained earnings 7 53,063 5,303
SHAREHOLDERS' FUNDS 120,546 98,313

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2022 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.

Tridex Properties Limited (Registered number: 07228711)

Balance Sheet - continued
30th April 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9th September 2022 and were signed on its behalf by:





Ms T Thornton - Director


Tridex Properties Limited (Registered number: 07228711)

Notes to the Financial Statements
for the Year Ended 30th April 2022

1. STATUTORY INFORMATION

Tridex Properties 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 as modified by the revaluation of certain assets.

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.

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 2 (2021 - 2 ) .

Tridex Properties Limited (Registered number: 07228711)

Notes to the Financial Statements - continued
for the Year Ended 30th April 2022

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st May 2021 555,000
Disposals (110,000 )
Revaluations 20,000
At 30th April 2022 465,000
NET BOOK VALUE
At 30th April 2022 465,000
At 30th April 2021 555,000

Fair value at 30th April 2022 is represented by:
£   
Valuation in 2015 36,441
Valuation in 2016 10,000
Valuation in 2017 8,000
Valuation in 2018 7,237
Valuation in 2019 7,510
Valuation in 2020 (1,529 )
Valuation in 2021 39,000
Valuation in 2022 (23,470 )
Cost 381,811
465,000

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Other debtors 110,000 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Deposits 1,950 1,950
Taxation and social security 7,176 2,328
Other creditors 434,485 445,873
443,611 450,151

Tridex Properties Limited (Registered number: 07228711)

Notes to the Financial Statements - continued
for the Year Ended 30th April 2022

7. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1st May 2021 5,303 92,910 98,213
Profit for the year 22,233 22,233
Transfer to Fair Value Reserve 25,527 (25,527 ) -
At 30th April 2022 53,063 67,383 120,446