Company Registration No. 04528360 (England and Wales)
The Trim Centre Limited
Unaudited accounts
for the year ended 31 October 2023
The Trim Centre Limited
Unaudited accounts
Contents
The Trim Centre Limited
Company Information
for the year ended 31 October 2023
Company Number
04528360 (England and Wales)
Registered Office
The Corner House
4 Beaumont Road
Church Stretton
Shropshire
SY6 6BN
United Kingdom
Accountants
S A Acc'y Ltd
The Corner House
4 Beaumont Road
Church Stretton
Shropshire
SY6 6BN
The Trim Centre Limited
Statement of financial position
as at 31 October 2023
Tangible assets
13,863
15,435
Inventories
113,279
113,738
Cash at bank and in hand
-
393
Creditors: amounts falling due within one year
(234,778)
(139,154)
Net current liabilities
(108,322)
(19,152)
Total assets less current liabilities
(94,459)
(3,717)
Creditors: amounts falling due after more than one year
(283,097)
(314,690)
Provisions for liabilities
Deferred tax
(2,633)
(2,932)
Net liabilities
(380,189)
(321,339)
Called up share capital
100
100
Profit and loss account
(380,289)
(321,439)
Shareholders' funds
(380,189)
(321,339)
For the year ending 31 October 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 29 July 2024 and were signed on its behalf by
D Harris
Director
Company Registration No. 04528360
The Trim Centre Limited
Notes to the Accounts
for the year ended 31 October 2023
The Trim Centre Limited is a private company, limited by shares, registered in England and Wales, registration number 04528360. The registered office is The Corner House, 4 Beaumont Road, Church Stretton, Shropshire, SY6 6BN, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% per annum reducing balance
Motor vehicles
25% per annum reducing balance
Fixtures & fittings
15% per annum reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
38,888
1,700
2,166
42,754
At 31 October 2023
38,888
1,700
2,166
42,754
At 1 November 2022
23,616
1,700
2,003
27,319
Charge for the year
1,527
-
45
1,572
At 31 October 2023
25,143
1,700
2,048
28,891
At 31 October 2023
13,745
-
118
13,863
At 31 October 2022
15,272
-
163
15,435
The Trim Centre Limited
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Trade debtors
13,177
5,871
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
9,548
10,137
Trade creditors
100,516
44,441
Taxes and social security
117,365
82,532
Other creditors
1,349
1,349
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
283,097
314,690
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
Loans were received during the year, as follows, from companies in which Mr Harris is a shareholder or director.
Hearts Investments Ltd £10,500 (2022: £19500)
Nationwide CCTV Services Limited £0 (2022: £6000)
Amounts outstanding at the year end to companies in which Mr Harris is a shareholder or director are as follows:
Hearts Investments Ltd £43300 (2022: £32800)
Nationwide CCTV Services Limited £171123 (2022: £216060)
Observices Parking Consultancy Limited £3,800 (2022: £3800)
NSL 247 Limited £22,627 (2022: £22627)
10
Average number of employees
During the year the average number of employees was 4 (2022: 5).