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REGISTERED NUMBER: 07520793 (England and Wales)















TRINITY SPECIALIST COLLEGE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023






TRINITY SPECIALIST COLLEGE LIMITED (REGISTERED NUMBER: 07520793)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 5


TRINITY SPECIALIST COLLEGE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Mrs S Evans
L G Milloshas





REGISTERED OFFICE: The Lindridge
Lindridge Road
Sutton Coldfield
West Midlands
B75 7JB





REGISTERED NUMBER: 07520793 (England and Wales)





ACCOUNTANTS: Inspired Accountants Limited
Chartered Certified Accountants
4 Parkside Court
Greenhough Road
Lichfield
Staffordshire
WS13 7FE

TRINITY SPECIALIST COLLEGE LIMITED (REGISTERED NUMBER: 07520793)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 223,182 246,014

CURRENT ASSETS
Debtors 5 73,097 90,857
Cash at bank and in hand 192,393 135,260
265,490 226,117
CREDITORS
Amounts falling due within one year 6 86,870 119,006
NET CURRENT ASSETS 178,620 107,111
TOTAL ASSETS LESS CURRENT
LIABILITIES

401,802

353,125

CREDITORS
Amounts falling due after more than one year 7 (16,227 ) (13,028 )

PROVISIONS FOR LIABILITIES (18,160 ) (17,874 )
NET ASSETS 367,415 322,223

CAPITAL AND RESERVES
Called up share capital 105 100
Retained earnings 367,310 322,123
SHAREHOLDERS' FUNDS 367,415 322,223

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

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 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.

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 5 October 2023 and were signed on its behalf by:





Mrs S Evans - Director


TRINITY SPECIALIST COLLEGE LIMITED (REGISTERED NUMBER: 07520793)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

Trinity Specialist College 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance

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 statement of financial position date.

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.

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 46 (2022 - 55 ) .

TRINITY SPECIALIST COLLEGE LIMITED (REGISTERED NUMBER: 07520793)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2022 6,868 427,753 434,621
Additions - 9,679 9,679
At 31 March 2023 6,868 437,432 444,300
DEPRECIATION
At 1 April 2022 6,868 181,739 188,607
Charge for year - 32,511 32,511
At 31 March 2023 6,868 214,250 221,118
NET BOOK VALUE
At 31 March 2023 - 223,182 223,182
At 31 March 2022 - 246,014 246,014

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2022
and 31 March 2023 41,083
DEPRECIATION
At 1 April 2022 27,659
Charge for year 3,356
At 31 March 2023 31,015
NET BOOK VALUE
At 31 March 2023 10,068
At 31 March 2022 13,424

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 12,246 11,057
Other debtors 60,851 79,800
73,097 90,857

TRINITY SPECIALIST COLLEGE LIMITED (REGISTERED NUMBER: 07520793)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts - 2,667
Trade creditors 32,269 33,403
Taxation and social security 33,879 79,336
Other creditors 20,722 3,600
86,870 119,006

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Other creditors 16,227 13,028