Registered number
02318683
Trinity Place Limited
Unaudited Filleted Accounts
30 April 2023
Trinity Place Limited
Registered number: 02318683
Balance Sheet
as at 30 April 2023
Notes 2023 2022
£ £ £ £
Current assets
Debtors 3 2,790 3,896
Cash at bank and in hand 14,350 22,042
17,140 25,938
Creditors: amounts falling due within one year 4 (2,254) (2,979)
Net current assets 14,886 22,959
Total assets less current liabilities 14,886 22,959
Provisions for liabilities

Cyclical maintenance
(11,750) (20,000)
Net assets 3,136 2,959
Capital and reserves
Called up share capital 5 20 20
Capital redemption reserve 4 4
Income and expenditure account 3,112 2,935
Shareholders' funds 3,136 2,959
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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 Income and Expenditure account has not been delivered to the Registrar of Companies.
I R T Dippie
Director
Approved by the board on 19 January 2024
Trinity Place Limited
Notes to the Accounts
for the year ended 30 April 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).

The accounts are presented in sterling which is the functional currency of the company and rounded to the nearest £.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. 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. 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.
Cyclical maintenance provision
Provision is made for cyclical maintenance on an annual basis. The provision is released when expenditure on such maintenance is incurred. General maintenance is accounted for as incurred.
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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company - -
3 Debtors 2023 2022
£ £
Trade debtors 1,922 2,414
Prepayments and accrued income 868 1,482
2,790 3,896
4 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 1,050 840
Corporation tax 214 1,240
Accruals and deferred income 990 899
2,254 2,979
5 Share capital 2023 2022
£ £
Allotted, called up and fully paid:
Ordinary shares 20 20
6 Company information
Trinity Place Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is:
Ground Floor, Advance House
9 Waterfall Lane Trading Estate
Cradley Heath
West Midlands
B64 6PU
Its registered number: 02318683
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