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Company Registration No. 07733834 (England and Wales)
Trident Merchandising Limited Unaudited accounts for the year ended 31 July 2023
Trident Merchandising Limited Unaudited accounts Contents
Page
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Trident Merchandising Limited Company Information for the year ended 31 July 2023
Director
Andrew Beeley
Company Number
07733834 (England and Wales)
Registered Office
314 Tanner Business Centre Waterside Greenfield, Oldham OL3 7NH
Accountants
Whyatt Accountancy Stockport Business & Innovation Centre Broadstone Mill, Broadstone Road Stockport Cheshire SK5 7DL
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Trident Merchandising Limited Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,726 
13,698 
Current assets
Inventories
19,968 
7,233 
Debtors
4,613 
1,403 
Cash at bank and in hand
1,679 
920 
26,260 
9,556 
Creditors: amounts falling due within one year
(29,482)
(25,766)
Net current liabilities
(3,222)
(16,210)
Total assets less current liabilities
7,504 
(2,512)
Creditors: amounts falling due after more than one year
(38,020)
(41,300)
Provisions for liabilities
Deferred tax
(2,038)
(2,603)
Net liabilities
(32,554)
(46,415)
Capital and reserves
Called up share capital
6 
6 
Profit and loss account
(32,560)
(46,421)
Shareholders' funds
(32,554)
(46,415)
For the year ending 31 July 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 24 April 2024 and were signed on its behalf by
Andrew Beeley Director Company Registration No. 07733834
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Trident Merchandising Limited Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Trident Merchandising Limited is a private company, limited by shares, registered in England and Wales, registration number 07733834. The registered office is 314 Tanner Business Centre, Waterside, Greenfield, Oldham, OL3 7NH.
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 under the historical cost convention and the going concern basis.
Presentation currency
The accounts are presented in £ sterling.
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.
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
over 5 years (straight line basis)
Fixtures & fittings
over 3-5 years (straight line basis)
Computer equipment
over 3 years (straight line basis)
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. Cost 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.
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Trident Merchandising Limited Notes to the Accounts for the year ended 31 July 2023
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2022
14,876 
1,148 
1,548 
17,572 
Additions
759 
- 
- 
759 
At 31 July 2023
15,635 
1,148 
1,548 
18,331 
Depreciation
At 1 August 2022
3,291 
45 
538 
3,874 
Charge for the year
2,969 
246 
516 
3,731 
At 31 July 2023
6,260 
291 
1,054 
7,605 
Net book value
At 31 July 2023
9,375 
857 
494 
10,726 
At 31 July 2022
11,585 
1,103 
1,010 
13,698 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
390 
Other debtors
4,613 
1,013 
4,613 
1,403 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
3,368 
- 
VAT
897 
160 
Obligations under finance leases and hire purchase contracts
- 
1,112 
Trade creditors
8,997 
8,703 
Taxes and social security
1,544 
1,358 
Other creditors
14,460 
14,233 
Accruals
216 
200 
29,482 
25,766 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
38,020 
41,300 
Aggregate of amounts that fall due for payment after five years
11,946 
18,236 
No security has been given for the total bank loan payable of £41,388 at 31 July 2023 (2022: none).
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Trident Merchandising Limited Notes to the Accounts for the year ended 31 July 2023
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Andrew Beeley
Loans to directors included in 'Other debtors' (note 5)
1,013 
7,988 
4,388 
4,613 
1,013 
7,988 
4,388 
4,613 
No amounts have been waived or written off in the year. The maximum amount outstanding during the year was £9,001 (2022: £5,738).
9
Average number of employees
During the year the average number of employees was 3 (2022: 2).
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