1 April 2022 false Taxfiler 2023.10.2 09021557business:PrivateLimitedCompanyLtd2022-04-012023-03-31 090215572022-03-31 090215572022-04-012023-03-31 09021557business:AuditExempt-NoAccountantsReport2022-04-012023-03-31 09021557business:FilletedAccounts2022-04-012023-03-31 090215572023-03-31 09021557business:Director12022-04-012023-03-31 09021557business:Director22022-04-012023-03-31 09021557business:RegisteredOffice2022-04-012023-03-31 090215572022-03-31 09021557core:WithinOneYear2023-03-31 09021557core:WithinOneYear2022-03-31 09021557core:AfterOneYear2023-03-31 09021557core:AfterOneYear2022-03-31 09021557core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 09021557core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 09021557core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 09021557core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 09021557core:PreviouslyStatedAmount2023-03-31 09021557core:PreviouslyStatedAmount2022-03-31 09021557business:SmallEntities2022-04-012023-03-31 09021557countries:EnglandWales2022-04-012023-03-31 09021557core:PlantMachinery2022-04-012023-03-31 09021557core:MotorVehicles2022-04-012023-03-31 09021557core:PlantMachinery2022-03-31 09021557core:MotorVehicles2022-03-31 09021557core:ComputerEquipment2022-03-31 09021557core:PlantMachinery2023-03-31 09021557core:MotorVehicles2023-03-31 09021557core:ComputerEquipment2023-03-31 09021557core:ComputerEquipment2022-04-012023-03-31 09021557core:AfterOneYear2022-04-012023-03-31 090215572021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 09021557 (England and Wales)
Trio Homes Constructions Ltd Unaudited accounts for the year ended 31 March 2023
Trio Homes Constructions Ltd Unaudited accounts Contents
Page
- 2 -
Trio Homes Constructions Ltd Company Information for the year ended 31 March 2023
Directors
Sadik Sherifi Shqipe Sherifi
Company Number
09021557 (England and Wales)
Registered Office
411 Davina House 137 - 149 Goswell Road London Greater London ECIV 7ET
Accountants
Solid Ltd Eagle House 163 City Road London EC1V 1NR
- 3 -
Trio Homes Constructions Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,882 
2,114 
Current assets
Inventories
- 
2,000 
Debtors
3,130 
17,048 
Cash at bank and in hand
18,351 
41,634 
21,481 
60,682 
Creditors: amounts falling due within one year
(14,330)
(28,248)
Net current assets
7,151 
32,434 
Total assets less current liabilities
9,033 
34,548 
Creditors: amounts falling due after more than one year
(21,018)
(30,833)
Net (liabilities)/assets
(11,985)
3,715 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(12,085)
3,615 
Shareholders' funds
(11,985)
3,715 
For the year ending 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 November 2023 and were signed on its behalf by
Sadik Sherifi Director Company Registration No. 09021557
- 4 -
Trio Homes Constructions Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Trio Homes Constructions Ltd is a private company, limited by shares, registered in England and Wales, registration number 09021557. The registered office is 411 Davina House, 137 - 149 Goswell Road, London, Greater London, ECIV 7ET.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Motor vehicles
20% straight line
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Cash and cash equivalents
Cash and cash equivalents are basic financial instruments and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
- 5 -
Trio Homes Constructions Ltd Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2022
773 
10,550 
474 
11,797 
At 31 March 2023
773 
10,550 
474 
11,797 
Depreciation
At 1 April 2022
382 
9,143 
158 
9,683 
Charge for the year
137 
- 
95 
232 
At 31 March 2023
519 
9,143 
253 
9,915 
Net book value
At 31 March 2023
254 
1,407 
221 
1,882 
At 31 March 2022
391 
1,407 
316 
2,114 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
1,324 
Trade debtors
601 
1,875 
Accrued income and prepayments
720 
13,849 
Other debtors
1,809 
- 
3,130 
17,048 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,649 
10,834 
VAT
2,905 
- 
Trade creditors
1,172 
707 
Taxes and social security
(17,735)
12,348 
Other creditors
12,485 
- 
Loans from directors
4,854 
4,359 
14,330 
28,248 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
21,018 
30,833 
BBL loan backed by 100% government guarantee and financing of first year's interest by means of government grant.
8
Average number of employees
During the year the average number of employees was 4 (2022: 3).
- 6 -