Trivselhus UK Holdings Limited 13742512 false 2022-10-01 2023-03-31 2023-03-31 The principal activity of the company is that of a holding company of a UK based construction group. Digita Accounts Production Advanced 6.30.9574.0 true false true true 13742512 2022-10-01 2023-03-31 13742512 2023-03-31 13742512 bus:OrdinaryShareClass1 2023-03-31 13742512 bus:OrdinaryShareClass2 2023-03-31 13742512 core:CurrentFinancialInstruments 2023-03-31 13742512 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 13742512 bus:SmallEntities 2022-10-01 2023-03-31 13742512 bus:AuditExemptWithAccountantsReport 2022-10-01 2023-03-31 13742512 bus:FullAccounts 2022-10-01 2023-03-31 13742512 bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-03-31 13742512 bus:RegisteredOffice 2022-10-01 2023-03-31 13742512 bus:Director1 2022-10-01 2023-03-31 13742512 bus:Director2 2022-10-01 2023-03-31 13742512 bus:OrdinaryShareClass1 2022-10-01 2023-03-31 13742512 bus:OrdinaryShareClass2 2022-10-01 2023-03-31 13742512 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-03-31 13742512 core:Subsidiary1 2022-10-01 2023-03-31 13742512 core:Subsidiary1 1 2022-10-01 2023-03-31 13742512 core:Subsidiary1 countries:AllCountries 2022-10-01 2023-03-31 13742512 countries:EnglandWales 2022-10-01 2023-03-31 13742512 core:CostValuation 2022-09-30 13742512 2021-11-15 2022-09-30 13742512 2022-09-30 13742512 bus:OrdinaryShareClass1 2022-09-30 13742512 bus:OrdinaryShareClass2 2022-09-30 13742512 core:CurrentFinancialInstruments 2022-09-30 13742512 core:CurrentFinancialInstruments core:WithinOneYear 2022-09-30 13742512 core:Subsidiary1 1 2021-11-15 2022-09-30 iso4217:GBP xbrli:pure xbrli:shares

Company Registration number: 13742512

Trivselhus UK Holdings Limited

Annual Report and Unaudited Financial Statements

for the Period from 1 October 2022 to 31 March 2023

 

Trivselhus UK Holdings Limited

Contents

Company Information

1

Statement of Financial Position

2

Notes to the Unaudited Financial Statements

3 to 7

 

Trivselhus UK Holdings Limited

Company Information

Directors

J G Harris

D Fish

Registered office

York House
41 Sheet Street
Windsor
SL4 1DD

Accountants

Evelyn Partners
First Floor
2 Collingwood Street
Newcastle upon Tyne
NE1 1JF

 

Trivselhus UK Holdings Limited

(Registration number: 13742512)
Statement of Financial Position as at 31 March 2023

Note

6 months to 31 March 2023
£

9 months to 30 September 2022
£

Fixed assets

 

Investments

4

45

45

Current assets

 

Stocks

5

1,228,686

-

Debtors

6

829,520

1,750

 

2,058,206

1,750

Creditors: Amounts falling due within one year

7

(15,954)

(25,528)

Net current assets/(liabilities)

 

2,042,252

(23,778)

Net assets/(liabilities)

 

2,042,297

(23,733)

Capital and reserves

 

Called up share capital

8

55

100

Share premium reserve

29,945

29,945

Retained earnings

2,012,297

(53,778)

Shareholders' funds/(deficit)

 

2,042,297

(23,733)

For the financial period ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

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

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 27 October 2023 and signed on its behalf by:
 

.........................................
D Fish
Director

 

Trivselhus UK Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 1 October 2022 to 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
York House
41 Sheet Street
Windsor
SL4 1DD

These financial statements were authorised for issue by the Board on 27 October 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The financial statements are prepared in sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of the goods and the provision of the services in the ordinary course of the companies activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.


 

 

Trivselhus UK Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 1 October 2022 to 31 March 2023 (continued)

2

Accounting policies (continued)

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks which comprise land held for development, work in progress and finished and part exchange houses are stated at the lower of costs and net realisable value. Costs includes materials, direct labour and production overheads appropriate to the relevant stage of production, Net realisable value is based on estimated selling price less all further costs to completion and all relevant marketing, selling and distribution costs.

Land options are values at historical costs including promotional and other directly attributable expenditure. Net realisable value is based on the ultimate value of the site after consideration of developments an other associated costs, Regular review for impairment are undertaken and provisions are make accordingly.

 

Trivselhus UK Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 1 October 2022 to 31 March 2023 (continued)

2

Accounting policies (continued)

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 0 (2022 - 0).

4

Investments

2023
£

2022
£

Investments in subsidiaries

45

45

Subsidiaries

£

Cost or valuation

At 1 October 2022

45

Carrying amount

At 31 March 2023

45

At 30 September 2022

45

 

Trivselhus UK Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 1 October 2022 to 31 March 2023 (continued)

4

Investments (continued)

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

     

2023

2022

Subsidiary undertakings

Trivselhus UK Limited

York House, 41 Sheet Street, Windsor, England, SL4 1DD

England & Wales

Ordinary shares

100%

100%

5

Stocks

2023
£

2022
£

Work in progress

1,228,686

-

6

Debtors

Current

Note

2023
£

2022
£

Amounts owed by related parties

9

804,259

-

Other debtors

 

25,261

1,750

   

829,520

1,750

 

Trivselhus UK Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 1 October 2022 to 31 March 2023 (continued)

7

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Trade creditors

 

7,503

-

Amounts owed to group undertakings and undertakings in which the company has a participating interest

9

-

3,528

Taxation and social security

 

950

-

Accruals and deferred income

 

7,500

22,000

Other creditors

 

1

-

 

15,954

25,528

8

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

A Ordinary shares of £0.01 each

1,375

14

5,500

55

B Ordinary shares of £0.01 each

4,125

41

4,500

45

 

5,500

55

10,000

100

9

Related party transactions

No transactions with related parties were undertaken such as required to be disclosed under FRS 102 section 1A small entities.