1 July 2022 false No description of principal activity Taxfiler 2023.12 true NI662388business:PrivateLimitedCompanyLtd2022-07-012023-06-30 NI6623882022-06-30 NI6623882022-07-012023-06-30 NI662388business:AuditExemptWithAccountantsReport2022-07-012023-06-30 NI662388business:FilletedAccounts2022-07-012023-06-30 NI6623882023-06-30 NI6623882022-06-30 NI662388core:WithinOneYear2023-06-30 NI662388core:WithinOneYear2022-06-30 NI662388core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 NI662388core:ShareCapitalcore:PreviouslyStatedAmount2022-06-30 NI662388core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 NI662388core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-06-30 NI662388core:PreviouslyStatedAmount2023-06-30 NI662388core:PreviouslyStatedAmount2022-06-30 NI662388business:SmallEntities2022-07-012023-06-30 NI662388business:Director12022-07-012023-06-30 NI662388countries:NorthernIreland2022-07-012023-06-30 NI662388business:RegisteredOffice2022-07-012023-06-30 NI662388core:FurnitureFittings2022-07-012023-06-30 NI662388core:ComputerEquipment2022-07-012023-06-30 NI662388core:LandBuildings2022-06-30 NI662388core:PlantMachinery2022-06-30 NI662388core:FurnitureFittings2022-06-30 NI662388core:LandBuildings2022-07-012023-06-30 NI662388core:PlantMachinery2022-07-012023-06-30 NI662388core:LandBuildings2023-06-30 NI662388core:PlantMachinery2023-06-30 NI662388core:FurnitureFittings2023-06-30 NI662388business:OrdinaryShareClass12022-07-012023-06-30 NI662388business:OrdinaryShareClass12021-07-012022-06-30 NI662388business:OrdinaryShareClass22022-07-012023-06-30 NI662388business:OrdinaryShareClass22021-07-012022-06-30 NI662388business:AllOrdinaryShares2022-07-012023-06-30 NI662388business:AllOrdinaryShares2021-07-012022-06-30 NI6623882021-07-012022-06-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. NI662388 (Northern Ireland)
Trawangan Limited Unaudited accounts for the year ended 30 June 2023
Trawangan Limited Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
23,956 
1,577 
Current assets
Debtors
159,637 
29,631 
Cash at bank and in hand
5,968 
39,884 
165,605 
69,515 
Creditors: amounts falling due within one year
(99,077)
(70,824)
Net current assets/(liabilities)
66,528 
(1,309)
Net assets
90,484 
268 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
90,384 
168 
Shareholders' funds
90,484 
268 
For the year ending 30 June 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 director acknowledges his 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 and authorised for issue on 20 December 2023 and were signed on its behalf by
Andrew Stephens Director Company Registration No. NI662388
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Trawangan Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Trawangan Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI662388. The registered office is Unit 2 Channel Wharf , 21 Old Channel Road, Belfast, Co. Antrim, BT3 9DE.
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.
Basis of preparation
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.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The director believes that the company Trawangan Limited has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least a period of 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in preparation of its financial statements.
Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and revenue can be measured reliably. Revenue from a contract to provide management services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when: the amount of revenue can be measured reliably; it is probable that the Company will receive the consideration due under the contract; the stage of completion of the contract can be measured reliably; and the costs incurred and the costs to complete the contract can be measured reliably.
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
20% straight line
Computer equipment
25% straight line
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
Government grants
Capital grants received and receivable are treated as deferred income and amortised to the Income Statement annually over the useful economic life of the asset to which it related. Revenue grants are credited to the Income Statement when received.
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Trawangan Limited Notes to the Accounts for the year ended 30 June 2023
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2022
- 
1,334 
737 
2,071 
Additions
22,859 
- 
- 
22,859 
At 30 June 2023
22,859 
1,334 
737 
24,930 
Depreciation
At 1 July 2022
- 
308 
186 
494 
Charge for the year
- 
333 
147 
480 
At 30 June 2023
- 
641 
333 
974 
Net book value
At 30 June 2023
22,859 
693 
404 
23,956 
At 30 June 2022
- 
1,026 
551 
1,577 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,000 
- 
Accrued income and prepayments
- 
22,121 
Other debtors
153,637 
7,510 
159,637 
29,631 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
1,757 
2,846 
Trade creditors
261 
502 
Taxes and social security
28,491 
6,359 
Loans from directors
67,368 
59,998 
Accruals
1,200 
1,119 
99,077 
70,824 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
51 A Ordinary shares of £1 each
51 
51 
49 B Ordinary shares of £1 each
49 
49 
100 
100 
8
Average number of employees
During the year the average number of employees was 2 (2022: 3).
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