IRIS Accounts Production v23.3.0.418 05406899 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh054068992022-03-31054068992023-03-31054068992022-04-012023-03-31054068992021-03-31054068992021-04-012022-03-31054068992022-03-3105406899ns10:Originalns15:EnglandWales2022-04-012023-03-3105406899ns14:PoundSterlingns10:Original2022-04-012023-03-3105406899ns10:Originalns10:Director12022-04-012023-03-3105406899ns10:Original2022-04-012023-03-3105406899ns10:Original2023-03-3105406899ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3105406899ns10:Originalns10:SmallEntities2022-04-012023-03-3105406899ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3105406899ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3105406899ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3105406899ns10:Originalns10:FullAccounts2022-04-012023-03-3105406899ns10:Original12022-04-012023-03-3105406899ns10:Originalns10:OrdinaryShareClass12022-04-012023-03-3105406899ns10:Originalns10:Director22022-04-012023-03-3105406899ns10:CompanySecretary1ns10:Original2022-04-012023-03-3105406899ns10:Originalns10:RegisteredOffice2022-04-012023-03-3105406899ns10:Original2022-03-3105406899ns10:Originalns5:CurrentFinancialInstruments2023-03-3105406899ns10:Originalns5:CurrentFinancialInstruments2022-03-3105406899ns5:ShareCapitalns10:Original2023-03-3105406899ns5:ShareCapitalns10:Original2022-03-3105406899ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3105406899ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3105406899ns10:Originalns5:NetGoodwill2022-04-012023-03-3105406899ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-04-012023-03-3105406899ns10:Originalns5:PlantMachinery2022-04-012023-03-3105406899ns10:Originalns5:MotorVehicles2022-04-012023-03-3105406899ns10:Originalns5:ComputerEquipment2022-04-012023-03-3105406899ns10:Original2021-04-012022-03-3105406899ns10:Originalns5:NetGoodwill2022-03-3105406899ns10:Originalns5:NetGoodwill2023-03-3105406899ns10:Originalns5:NetGoodwill2022-03-3105406899ns10:Originalns5:PlantMachinery2022-03-3105406899ns10:Originalns5:MotorVehicles2022-03-3105406899ns10:Originalns5:ComputerEquipment2022-03-3105406899ns10:Original2022-03-3105406899ns10:Originalns5:PlantMachinery2023-03-3105406899ns10:Originalns5:MotorVehicles2023-03-3105406899ns10:Originalns5:ComputerEquipment2023-03-3105406899ns10:Originalns5:PlantMachinery2022-03-3105406899ns10:Originalns5:MotorVehicles2022-03-3105406899ns10:Originalns5:ComputerEquipment2022-03-3105406899ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3105406899ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3105406899ns10:Originalns10:OrdinaryShareClass12023-03-3105406899ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3105406899ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-012023-03-31
REGISTERED NUMBER: 05406899 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Trym Insulations Limited

Trym Insulations Limited (Registered number: 05406899)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Trym Insulations Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mr C J Walters
Mrs C Walters





SECRETARY: Mrs C Walters





REGISTERED OFFICE: Redland House
157 Redland Road
Redland
Bristol
BS6 6YE





REGISTERED NUMBER: 05406899 (England and Wales)





ACCOUNTANTS: Wormald & Partners
Chartered Accountants (ICAEW)
Redland House
157 Redland Road
Redland
Bristol
BS6 6YE

Trym Insulations Limited (Registered number: 05406899)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 23,880 29,335
23,880 29,335

CURRENT ASSETS
Stocks 450 575
Debtors 6 107,528 122,641
Cash at bank 254,915 206,728
362,893 329,944
CREDITORS
Amounts falling due within one year 7 223,333 197,501
NET CURRENT ASSETS 139,560 132,443
TOTAL ASSETS LESS CURRENT
LIABILITIES

163,440

161,778

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 163,340 161,678
SHAREHOLDERS' FUNDS 163,440 161,778

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 13 November 2023 and were signed on its behalf by:





Mr C J Walters - Director


Trym Insulations Limited (Registered number: 05406899)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Trym Insulations 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & equipment - 25% on reducing balance basis
Motor vehicles - 25% on reducing balance basis
Computer equipment - 25% on reducing balance basis

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 50,000
AMORTISATION
At 1 April 2022
and 31 March 2023 50,000
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

Trym Insulations Limited (Registered number: 05406899)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

5. TANGIBLE FIXED ASSETS
Plant & Motor Computer
equipment vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2022 8,351 73,299 3,281 84,931
Additions 1,323 - 1,313 2,636
Disposals (6,960 ) - (2,612 ) (9,572 )
At 31 March 2023 2,714 73,299 1,982 77,995
DEPRECIATION
At 1 April 2022 8,217 44,187 3,192 55,596
Charge for year 331 7,278 351 7,960
Eliminated on disposal (6,829 ) - (2,612 ) (9,441 )
At 31 March 2023 1,719 51,465 931 54,115
NET BOOK VALUE
At 31 March 2023 995 21,834 1,051 23,880
At 31 March 2022 134 29,112 89 29,335

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 93,261 103,657
Other debtors 13,254 18,001
Prepayments 1,013 983
107,528 122,641

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 54,821 63,532
Taxation 26,828 29,529
Social security and other taxes 8,374 7,095
Directors' current accounts 129,396 93,732
Accrued expenses 3,914 3,613
223,333 197,501

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1 100 100

9. RESERVES
Retained
earnings
£   

At 1 April 2022 161,678
Profit for the year 111,662
Dividends (110,000 )
At 31 March 2023 163,340

Trym Insulations Limited (Registered number: 05406899)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £110,000 were paid to the directors .