Registered number
08438467
Trinity (Oxfordshire) Limited
Unaudited Filleted Accounts
31 March 2023
Trinity (Oxfordshire) Limited
Registered number: 08438467
Balance Sheet
as at 31 March 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 698 938
Current assets
Stocks 12,789 13,215
Cash at bank and in hand 120 200
12,909 13,415
Creditors: amounts falling due within one year 4 (32,940) (32,343)
Net current liabilities (20,031) (18,928)
Net liabilities (19,333) (17,990)
Capital and reserves
Called up share capital 100 100
Profit and loss account (19,433) (18,090)
Shareholder's funds (19,333) (17,990)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
E Reed
Director
Approved by the board on 23 November 2023
Trinity (Oxfordshire) Limited
Notes to the Accounts
for the year ended 31 March 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Going concern
The accounts are prepared on a going concern basis due to the continued support of the director and close family.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. 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.
Tangible fixed assets
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:
Plant and machinery 20% straight line
Stocks
Stocks are measured at the lower of cost and selling price.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Deferred taxation
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery
£
Cost
At 1 April 2022 2,807
Additions 148
At 31 March 2023 2,955
Depreciation
At 1 April 2022 1,869
Charge for the year 388
At 31 March 2023 2,257
Net book value
At 31 March 2023 698
At 31 March 2022 938
4 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 1,963 1,217
Other creditors 30,977 31,126
32,940 32,343
5 Related party transactions
E Reed, the director and shareholder, repayable on demand loan to the company.

31 March 2023 £6,780 (31 March 2022 £6,929)

R Reed, mother of E Reed, repayable on demand loan to the company.

31 March 2023 £23,800 (31 March 2022 £23,800)
6 Other information
Trinity (Oxfordshire) Limited is a private company limited by shares and incorporated in England. Its registered office is:
58 Cowleaze
Chinnor
Oxfordshire
OX39 4TB
Trinity (Oxfordshire) Limited 08438467 false 2022-04-01 2023-03-31 2023-03-31 VT Final Accounts April 2022 E Reed No description of principal activity 08438467 2021-04-01 2022-03-31 08438467 core:WithinOneYear 2022-03-31 08438467 core:ShareCapital 2022-03-31 08438467 core:RetainedEarningsAccumulatedLosses 2022-03-31 08438467 2022-04-01 2023-03-31 08438467 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 08438467 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 08438467 bus:Director40 2022-04-01 2023-03-31 08438467 1 2022-04-01 2023-03-31 08438467 2 2022-04-01 2023-03-31 08438467 core:PlantMachinery 2022-04-01 2023-03-31 08438467 countries:England 2022-04-01 2023-03-31 08438467 bus:FRS102 2022-04-01 2023-03-31 08438467 bus:FullAccounts 2022-04-01 2023-03-31 08438467 2023-03-31 08438467 core:WithinOneYear 2023-03-31 08438467 core:ShareCapital 2023-03-31 08438467 core:RetainedEarningsAccumulatedLosses 2023-03-31 08438467 core:PlantMachinery 2023-03-31 08438467 2022-03-31 08438467 core:PlantMachinery 2022-03-31 iso4217:GBP xbrli:pure