Trafalgar Facilities Limited 06728384 false 2023-02-01 2023-12-31 2023-12-31 The principal activity of the company is providing amusement and recreation activities. Digita Accounts Production Advanced 6.30.9574.0 true 06728384 2023-02-01 2023-12-31 06728384 2023-12-31 06728384 core:RetainedEarningsAccumulatedLosses 2023-12-31 06728384 core:CurrentFinancialInstruments 2023-12-31 06728384 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 06728384 bus:SmallEntities 2023-02-01 2023-12-31 06728384 bus:AuditExemptWithAccountantsReport 2023-02-01 2023-12-31 06728384 bus:FullAccounts 2023-02-01 2023-12-31 06728384 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2023-12-31 06728384 bus:RegisteredOffice 2023-02-01 2023-12-31 06728384 bus:Director2 2023-02-01 2023-12-31 06728384 bus:Director3 2023-02-01 2023-12-31 06728384 bus:CompanyLimitedByGuarantee 2023-02-01 2023-12-31 06728384 core:RetainedEarningsAccumulatedLosses 2023-02-01 2023-12-31 06728384 core:OtherRelatedParties 2023-02-01 2023-12-31 06728384 countries:AllCountries 2023-02-01 2023-12-31 06728384 2023-01-31 06728384 core:RetainedEarningsAccumulatedLosses 2023-01-31 06728384 2022-02-01 2023-01-31 06728384 2023-01-31 06728384 core:CurrentFinancialInstruments 2023-01-31 06728384 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 iso4217:GBP xbrli:pure

Registration number: 06728384

Trafalgar Facilities Limited

(A company limited by guarantee)

Unaudited Filleted Financial Statements

for the Period from 1 February 2023 to 31 December 2023

 

Trafalgar Facilities Limited

Contents

Company Information

1

Balance Sheet

2

Statement of Changes in Equity

3

Notes to the Unaudited Financial Statements

4 to 6

 

Trafalgar Facilities Limited

Company Information

Directors

Andy Heald

Matthew Richardson

Registered office

11-13 Crane Street
Greenwich
London
SE10 9NP

Accountants

Field Sullivan Limited
9 Hare & Billet Road
Blackheath
SE3 0RB

 

Trafalgar Facilities Limited

(Registration number: 06728384)
Balance Sheet as at 31 December 2023

Note

2023
£

2023
£

Current assets

 

Stocks

4

1,360

915

Debtors

5

500

-

Cash at bank and in hand

 

6,154

16,002

 

8,014

16,917

Creditors: Amounts falling due within one year

6

(8,014)

(16,917)

Net assets/(liabilities)

 

-

-

Reserves

 

Surplus/(deficit)

 

-

-

For the financial period ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 19 March 2024 and signed on its behalf by:
 

.........................................
Matthew Richardson
Director

 

Trafalgar Facilities Limited

Statement of Changes in Equity for the Period from 1 February 2023 to 31 December 2023

Retained earnings
£

Total
£

At 1 February 2023

-

-

Surplus/(deficit) for the period

-

-

At 31 December 2023

-

-

At 31 January 2023

 

Trafalgar Facilities Limited

Notes to the Unaudited Financial Statements for the Period from 1 February 2023 to 31 December 2023

1

General information

The company is a company limited by guarantee, incorporated in England&Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
11-13 Crane Street
Greenwich
London
SE10 9NP

These financial statements were authorised for issue by the Board on 19 March 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the periods in which the estimate is revised where revisions affects only that period, or in the period of the revision and future periods where the revisions affects both current and future periods.

 

Trafalgar Facilities Limited

Notes to the Unaudited Financial Statements for the Period from 1 February 2023 to 31 December 2023

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and income is recognised when the company has fulfilled its obligation to the customer.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 3 (2023 - 3).

 

Trafalgar Facilities Limited

Notes to the Unaudited Financial Statements for the Period from 1 February 2023 to 31 December 2023

4

Stocks

2023
£

2023
£

Other inventories

1,360

915

5

Debtors

Current

2023
£

2023
£

Trade debtors

500

-

 

500

-

6

Creditors

Creditors: amounts falling due within one year

2023
£

2023
£

Due within one year

Trade creditors

4,668

5,757

Accruals and deferred income

696

648

Other creditors

2,650

10,512

8,014

16,917

7

Related party transactions

Summary of transactions with other related parties

Trafalgar 2001 Trust Limited
(sole member and guarantor)

 During the year donations totalling £8,000 (2023: £2,800) were paid to Trafalgar 2001 Trust Limited, whilst a donation of £2,650 (2023: £10,974) was agreed. At the balance sheet date the amount due to/(from) Trafalgar 2001 Trust Limited was £2,650 (2023: £10,512).