| Registered Number:SC531858 |
For the year ended 31 March 2023
Scotland
Unaudited Financial Statements
For the year ended 31 March 2023
Tryst Financial Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Tryst Financial Ltd
Statement of Financial Position
2022
2023
| Property, plant and equipment |
5,358
6,697
2
5,358
6,697
-
19,523
3
| Trade and other receivables |
2,261
10,036
4
22,178
| Cash and cash equivalents |
29,123
58,682
24,439
| Trade and other payables: amounts falling due within one year |
(35,005)
(23,620)
5
(10,566)
35,062
Net current assets
| Total assets less current liabilities |
40,420
(3,869)
| Trade and other payables: amounts falling due after more than one |
| year |
(44,625)
(39,070)
6
1,350
Net assets/liabilities
(48,494)
100
100
1,250
(48,594)
1,350
(48,494)
Shareholders' funds
| For the year ended 31 March 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Mr Barry Stewart Director |
| These financial statements were approved and authorised for issue by the Board on 16 August 2023 and were signed by: |
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For the year ended 31 March 2023
Tryst Financial Ltd
Statement of Financial Position Continued
| The notes form part of these financial statements |
2 of 5
For the year ended 31 March 2023
Tryst Financial Ltd
Notes to the Financial Statements
Statutory Information
| Tryst Financial Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number SC531858. |
39 King Street
Stenhousemuir
Larbert
Stirlingshire
FK5 4HD
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard |
| 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The |
| financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Pension costs and other post-retirement benefits
| The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
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For the year ended 31 March 2023
Tryst Financial Ltd
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
12,056
12,056
| Provision for depreciation and impairment |
5,359
Charge for year
1,339
6,698
5,358
6,697
2022
2023
19,523
-
| 4. Trade and other receivables |
2022
2023
10,036
2,261
| 5. Trade and other payables: amounts falling due within one year |
2022
2023
| Taxation and social security |
23,148
34,293
| Accruals and deferred income |
472
712
23,620
35,005
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For the year ended 31 March 2023
Tryst Financial Ltd
Notes to the Financial Statements Continued
| 6. Trade and other payables: amounts falling due after more than one year |
2022
2023
39,070
44,625
| 7. Average number of persons employed |
During the year the average number of employees was 2 (2022 : 2)
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