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REGISTERED NUMBER: 10464946 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Trimac Enterprise Limited

Trimac Enterprise Limited (Registered number: 10464946)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Trimac Enterprise Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: K D McCarthy
Mrs J L McCarthy





REGISTERED OFFICE: 17 Duckmoor Road
Ashton
Bristol
BS3 2DD





REGISTERED NUMBER: 10464946 (England and Wales)





ACCOUNTANTS: P B Accountancy Ltd
17 Duckmoor Road
Ashton
Bristol
BS3 2DD

Trimac Enterprise Limited (Registered number: 10464946)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 316 633
Investment property 5 513,783 513,783
514,099 514,416

CURRENT ASSETS
Debtors 6 3,455 3,233
Cash at bank 19,459 5,874
22,914 9,107
CREDITORS
Amounts falling due within one year 7 329,438 327,971
NET CURRENT LIABILITIES (306,524 ) (318,864 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

207,575

195,552

CREDITORS
Amounts falling due after more than one
year

8

(150,599

)

(155,619

)

PROVISIONS FOR LIABILITIES (4,750 ) (4,750 )
NET ASSETS 52,226 35,183

CAPITAL AND RESERVES
Called up share capital 103 103
Fair value reserve 10 25,000 25,000
Retained earnings 27,123 10,080
SHAREHOLDERS' FUNDS 52,226 35,183

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Trimac Enterprise Limited (Registered number: 10464946)

Balance Sheet - continued
30 November 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 April 2024 and were signed on its behalf by:




K D McCarthy - Director



Mrs J L McCarthy - Director


Trimac Enterprise Limited (Registered number: 10464946)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Trimac Enterprise Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Trimac Enterprise Limited (Registered number: 10464946)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022
and 30 November 2023 1,318
DEPRECIATION
At 1 December 2022 685
Charge for year 317
At 30 November 2023 1,002
NET BOOK VALUE
At 30 November 2023 316
At 30 November 2022 633

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022
and 30 November 2023 513,783
NET BOOK VALUE
At 30 November 2023 513,783
At 30 November 2022 513,783

Fair value at 30 November 2023 is represented by:
£   
Valuation in 2020 261,281
Valuation in 2021 227,502
Valuation in 2022 25,000
513,783

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 1,820 1,328
Other debtors 1,635 1,905
3,455 3,233

Trimac Enterprise Limited (Registered number: 10464946)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors (1 ) 68
Taxation and social security 4,389 3,154
Other creditors 325,050 324,749
329,438 327,971

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans 150,599 155,619

9. SECURED DEBTS

The following secured debts are included within creditors:

30.11.23 30.11.22
£    £   
Bank loans 150,599 155,619

10. RESERVES
Fair
value
reserve
£   
At 1 December 2022
and 30 November 2023 25,000

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2023 and 30 November 2022:

30.11.23 30.11.22
£    £   
K D McCarthy and Mrs J L McCarthy
Balance outstanding at start of year (321,773 ) (321,840 )
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (321,773 ) (321,773 )