Registered Number:05848307 |
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2023
Trojan Paving Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Trojan Paving Limited
Statement of Financial Position
2022
2023
Property, plant and equipment |
30,771
33,902
2
30,771
33,902
41,050
32,100
3
Trade and other receivables |
212,924
344,828
4
35,753
Cash and cash equivalents |
26,871
403,799
289,727
Trade and other payables: amounts falling due within one |
year |
(135,718)
(244,379)
5
154,009
159,420
Net current assets
Total assets less current liabilities |
190,191
187,911
Trade and other payables: amounts falling due after more |
than one year |
(9,884)
(5,140)
6
821
971
Provisions for liabilities |
185,872
Net assets
178,998
200
200
185,670
178,796
2
2
185,872
178,998
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 directors acknowledge their 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. |
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For the year ended 31 March 2023
Trojan Paving Limited
Statement of Financial Position Continued
These financial statements were approved and authorised for issue by the Board on 10 October 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 March 2023
Trojan Paving Limited
Notes to the Financial Statements
Statutory Information
Trojan Paving Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 05848307. |
Principal place of business: |
41 Haldon Road
Torquay
Devon
TQ1 2LX
Doublebois Industrial Estate
Doublebois
Liskeard
Cornwall
PL14 6LE
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. |
Revenue recognition
Turnover represents income from the provision of paving services at invoice value, net of value added tax.
Property, plant and equipment
Tangible fixed assets are stated at cost less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Motor vehicles
Equipment
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs at purchase invoice price. |
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. |
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For the year ended 31 March 2023
Trojan Paving Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Equipment
Motor vehicles
52,818
11,318
41,500
7,525
7,525
-
(4,009)
-
(4,009)
41,500
14,834
56,334
Provision for depreciation and impairment |
18,916
8,541
10,375
Charge for year
10,256
2,475
7,781
(3,609)
(3,609)
-
25,563
7,407
18,156
23,344
7,427
30,771
31,125
2,777
33,902
2022
2023
32,100
41,050
4. Trade and other receivables |
2022
2023
328,171
200,724
16,657
12,200
212,924
344,828
5. Trade and other payables: amounts falling due within one year |
2022
2023
207,744
101,526
Taxation and social security |
28,334
25,948
8,301
8,244
244,379
135,718
Included within taxation and social security is corporation tax of £23,706 (2022: £23,072).
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For the year ended 31 March 2023
Trojan Paving Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year |
2022
2023
5,140
9,884
7. Related party transactions |
Dividends of £86,800 were paid to the directors in the year. |
The company is under the effective control of its directors. |
8. Directors advances and guarantees |
Repaid
F C Champion
Directors loan
(90)
(90)
-
(90)
(90)
-
P Hurford
Directors loan
(1,506)
(49)
1,457
(1,506)
(49)
1,457
M V Caers
Directors loan
(18)
(18)
-
(18)
(18)
-
9. Average number of persons employed |
During the year the average number of employees was 3 (2022 : 2)
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