TRICO INTERNATIONAL SHIPPING LTD

Company Registration Number:
12923349 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2022

Period of accounts

Start date: 01 November 2021

End date: 31 October 2022

TRICO INTERNATIONAL SHIPPING LTD

Contents of the Financial Statements

for the Period Ended 31 October 2022

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

TRICO INTERNATIONAL SHIPPING LTD

Company Information

for the Period Ended 31 October 2022




Director: Poshini Anuradha WEERASURIYA BOGODA
Registered office: 120
Clare Road
Staines-Upon-Thames
England
TW19 7EH
Company Registration Number: 12923349 (England and Wales)

TRICO INTERNATIONAL SHIPPING LTD

Directors' Report Period Ended 31 October 2022

The directors present their report with the financial statements of the company for the period ended 31 October 2022

Principal Activities

Sea and coastal freight water transport Freight air transport Other transportation support activities

Directors

The directors shown below have held office during the whole of the period from 01 November 2021 to 31 October 2022
Poshini Anuradha WEERASURIYA BOGODA

This report was approved by the board of directors on 26 October 2023
And Signed On Behalf Of The Board By:

Name: Poshini Anuradha WEERASURIYA BOGODA
Status: Director

TRICO INTERNATIONAL SHIPPING LTD

Profit and Loss Account

for the Period Ended 31 October 2022


Notes

2022
£
13 months to
31 Oct 2021
£
Turnover 392,657 310,060
Cost of sales ( 226,938 ) ( 216,542 )
Gross Profit or (Loss) 165,719 93,518
Distribution Costs ( 12,961 ) ( 9,907 )
Administrative Expenses ( 153,724 ) ( 69,863 )
Other operating income 3,519 ( 39 )
Operating Profit or (Loss) 2,553 13,709
Interest Payable and Similar Charges ( 2,349 ) -
Profit or (Loss) Before Tax 204 13,709
Tax on Profit ( 39 ) ( 2,909 )
Profit or (Loss) for Period 165 10,800

The notes form part of these financial statements

TRICO INTERNATIONAL SHIPPING LTD

Balance sheet

As at 31 October 2022


Notes

2022
£
13 months to
31 Oct 2021
£
Fixed assets
Tangible assets: 4 57,000 23,349
Total fixed assets: 57,000 23,349
Current assets
Debtors: 5 27,030 51,359
Cash at bank and in hand: 51,424 52,391
Total current assets: 78,454 103,750
Prepayments and accrued income: 3,149 1,473
Creditors: amounts falling due within one year: 6 ( 93,595 ) ( 114,862 )
Net current assets (liabilities): ( 11,992 ) ( 9,639 )
Total assets less current liabilities: 45,008 13,710
Creditors: amounts falling due after more than one year: 7 ( 37,339 )
Total net assets (liabilities): 7,669 13,710

The notes form part of these financial statements

TRICO INTERNATIONAL SHIPPING LTD

Balance sheet continued

As at 31 October 2022


Notes

2022
£
13 months to
31 Oct 2021
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 7,668 13,709
Shareholders funds: 7,669 13,710

For the year ending 31 October 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 26 October 2023
And Signed On Behalf Of The Board By:

Name: Poshini Anuradha WEERASURIYA BOGODA
Status: Director

The notes form part of these financial statements

TRICO INTERNATIONAL SHIPPING LTD

Notes to the Financial Statements

for the Period Ended 31 October 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts
    and value added taxes. Turnover includes revenue earned from the sale of goods and from the
    rendering of services. Turnover from the sale of goods is recognised when the significant risks
    and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering
    of services is recognised by reference to the stage of completion of the contract. The stage of
    completion of a contract is measured by comparing the costs incurred for work performed to date
    to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative
    impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land,
    at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its
    expected useful life, as follows:

    Equipment, Fixtures & fittings: 25% Reducing balance

    Motor Vehicles: 25% Reducing balance

TRICO INTERNATIONAL SHIPPING LTD

Notes to the Financial Statements

for the Period Ended 31 October 2022

  • 2. Employees


    2022
    13 months to
    31 Oct 2021
    Average number of employees during the period 2 2

TRICO INTERNATIONAL SHIPPING LTD

Notes to the Financial Statements

for the Period Ended 31 October 2022

  • 3. Off balance sheet disclosure

    No

TRICO INTERNATIONAL SHIPPING LTD

Notes to the Financial Statements

for the Period Ended 31 October 2022

4. Tangible assets

Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £
At 01 November 2021 - 3,767 27,365 31,132
Additions 1,618 1,095 49,938 52,651
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 31 October 2022 1,618 4,862 77,303 83,783
Depreciation
At 01 November 2021 - 942 6,841 7,783
Charge for year 404 980 17,616 19,000
On disposals - - - -
Other adjustments - - - -
At 31 October 2022 404 1,922 24,457 26,783
Net book value
At 31 October 2022 1,214 2,940 52,846 57,000
At 31 October 2021 - 2,825 20,524 23,349

TRICO INTERNATIONAL SHIPPING LTD

Notes to the Financial Statements

for the Period Ended 31 October 2022

5. Debtors


2022
£
13 months to
31 Oct 2021
£
Trade debtors 22,030 41,144
Other debtors 5,000 10,215
Total 27,030 51,359

TRICO INTERNATIONAL SHIPPING LTD

Notes to the Financial Statements

for the Period Ended 31 October 2022

6.Creditors: amounts falling due within one year note


2022
£
13 months to
31 Oct 2021
£
Trade creditors 62,991 45,129
Taxation and social security 4,348 125
Other creditors 26,256 69,608
Total 93,595 114,862

TRICO INTERNATIONAL SHIPPING LTD

Notes to the Financial Statements

for the Period Ended 31 October 2022

7.Creditors: amounts falling due after more than one year


2022
£
13 months to
31 Oct 2021
£
Amounts due under finance leases and hire purchase contracts 37,339
Total 37,339