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Company Registration No. SC643588 (Scotland)
Trinity Un Limited Unaudited accounts for the year ended 31 October 2023
Trinity Un Limited Unaudited accounts Contents
Page
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Trinity Un Limited Company Information for the year ended 31 October 2023
Director
Thomas Wilkinson
Company Number
SC643588 (Scotland)
Registered Office
2 Glasgow Road Dennyloanhead Bonnybridge FK4 1QF
Accountants
FBD Consultancy, Accounts & Tax Ltd Sgarbach House 10 Binniehill Road Cumbernauld North Lanarkshire G68 9AJ
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Trinity Un Limited for the year ended 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Trinity Un Limited for the year ended 31 October 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at https://www.icas.com/professional-resources/practice/support-and-guidance/framework-for-the-preparation-of-accounts-revised-june-2020.
Our work has been undertaken in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at https://www.icas.com/professional-resources/practice/support-and-guidance/framework-for-the-preparation-of-accounts-revised-june-2020.
FBD Consultancy, Accounts & Tax Ltd Chartered Accountants Sgarbach House 10 Binniehill Road Cumbernauld North Lanarkshire G68 9AJ 18 July 2024
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Trinity Un Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
645,000 
780,000 
Current assets
Debtors
26,132 
- 
Cash at bank and in hand
2,750 
18,516 
28,882 
18,516 
Creditors: amounts falling due within one year
(6,751)
(6,091)
Net current assets
22,131 
12,425 
Total assets less current liabilities
667,131 
792,425 
Creditors: amounts falling due after more than one year
(490,394)
(532,753)
Provisions for liabilities
Deferred tax
(51,293)
(64,800)
Net assets
125,444 
194,872 
Capital and reserves
Called up share capital
300 
300 
Profit and loss account
125,144 
194,572 
Shareholders' funds
125,444 
194,872 
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 18 July 2024 and were signed on its behalf by
Thomas Wilkinson Director Company Registration No. SC643588
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Trinity Un Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Trinity Un Limited is a private company, limited by shares, registered in Scotland, registration number SC643588. The registered office is 2 Glasgow Road, Dennyloanhead, Bonnybridge, FK4 1QF.
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 as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2023 
£ 
Fair value at 1 November 2022
780,000 
Disposals
(63,910)
Net loss from fair value adjustments
(71,090)
At 31 October 2023
645,000 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
26,132 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
460 
345 
Loans from directors
3,177 
3,333 
Accruals
3,114 
2,413 
6,751 
6,091 
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Trinity Un Limited Notes to the Accounts for the year ended 31 October 2023
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
490,394 
532,753 
Aggregate of amounts that fall due for payment after five years
- 
532,753 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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