Company Registration No. 13193235 (England and Wales)
Trident Tax and Accountancy Ltd
Unaudited accounts
for the year ended 31 August 2023
Trident Tax and Accountancy Ltd
Unaudited accounts
Contents
Trident Tax and Accountancy Ltd
Statement of financial position
as at 31 August 2023
Intangible assets
225,000
225,000
Tangible assets
5,354
3,497
Cash at bank and in hand
36,931
29,879
Creditors: amounts falling due within one year
(298,030)
(290,884)
Net current liabilities
(229,065)
(227,794)
Called up share capital
99
99
Profit and loss account
1,190
604
Shareholders' funds
1,289
703
For the year ending 31 August 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 12 February 2024 and were signed on its behalf by
Ann Lovatt
Director
Company Registration No. 13193235
Trident Tax and Accountancy Ltd
Notes to the Accounts
for the year ended 31 August 2023
Trident Tax and Accountancy Ltd is a private company, limited by shares, registered in England and Wales, registration number 13193235. The registered office is Yr Hen Banc Business Centre,, 31 High street, Caergwrle, LL12 9EU, United Kingdom.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
10% Reducing balance basis
Computer equipment
25% Reducing balance basis
Intangible fixed assets (including purchased goodwill) are included at cost.
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Intangible fixed assets
Goodwill
At 1 September 2022
225,000
Trident Tax and Accountancy Ltd
Notes to the Accounts
for the year ended 31 August 2023
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2022
1,500
3,209
4,709
Additions
1,975
1,667
3,642
At 31 August 2023
3,475
4,876
8,351
At 1 September 2022
206
1,006
1,212
Charge for the year
817
968
1,785
At 31 August 2023
1,023
1,974
2,997
At 31 August 2023
2,452
2,902
5,354
At 31 August 2022
1,294
2,203
3,497
Amounts falling due within one year
Trade debtors
29,312
31,444
Accrued income and prepayments
2,722
1,767
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
3,932
2,860
Taxes and social security
20,434
21,051
Loans from directors
257,139
250,727
The company continues to trade with the goodwill of the Directors who are the main creditors.
Allotted, called up and fully paid:
99 Ordinary shares of £1 each
99
99
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Average number of employees
During the year the average number of employees was 6 (2022: 5).