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REGISTERED NUMBER: 01378095 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st December 2023

for

Trident Trailers Limited

Trident Trailers Limited (Registered number: 01378095)






Contents of the Financial Statements
for the Year Ended 31st December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Trident Trailers Limited

Company Information
for the Year Ended 31st December 2023







DIRECTORS: S C Kirk
S J Vinten





REGISTERED OFFICE: Vinten House
Target Business Centre
Bircholt Road Parkwood
Maidstone
Kent
ME15 9YY





REGISTERED NUMBER: 01378095 (England and Wales)





ACCOUNTANTS: OCG Accountants Ltd
Biz Hub Tees Valley
Belasis Hall Technology Park
Coxwold Way
Billingham
Co. Durham
TS23 4EA

Trident Trailers Limited (Registered number: 01378095)

Balance Sheet
31st December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 65,301 62,976
65,302 62,977

CURRENT ASSETS
Stocks 394,532 395,042
Debtors 6 84,394 23,011
Cash at bank and in hand 364,172 300,103
843,098 718,156
CREDITORS
Amounts falling due within one year 7 (427,315 ) (307,696 )
NET CURRENT ASSETS 415,783 410,460
TOTAL ASSETS LESS CURRENT LIABILITIES 481,085 473,437

CREDITORS
Amounts falling due after more than one
year

8

-

(60,625

)

PROVISIONS FOR LIABILITIES (16,325 ) (11,965 )
NET ASSETS 464,760 400,847

CAPITAL AND RESERVES
Called up share capital 70,001 70,000
Retained earnings 394,759 330,847
464,760 400,847

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

Trident Trailers Limited (Registered number: 01378095)

Balance Sheet - continued
31st December 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 15th August 2024 and were signed on its behalf by:




S C Kirk - Director



S J Vinten - Director


Trident Trailers Limited (Registered number: 01378095)

Notes to the Financial Statements
for the Year Ended 31st December 2023

1. STATUTORY INFORMATION

Trident Trailers 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.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 25% on cost, 25% on reducing balance and 15% on reducing balance

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Trident Trailers Limited (Registered number: 01378095)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2023

2. ACCOUNTING POLICIES - continued

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2022 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st January 2023
and 31st December 2023 20,000
AMORTISATION
At 1st January 2023
and 31st December 2023 19,999
NET BOOK VALUE
At 31st December 2023 1
At 31st December 2022 1

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st January 2023 188,934
Additions 28,328
Disposals (27,245 )
At 31st December 2023 190,017
DEPRECIATION
At 1st January 2023 125,958
Charge for year 20,747
Eliminated on disposal (21,989 )
At 31st December 2023 124,716
NET BOOK VALUE
At 31st December 2023 65,301
At 31st December 2022 62,976

Trident Trailers Limited (Registered number: 01378095)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 35,160 23,011
Other debtors 49,234 -
84,394 23,011

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 30,000
Trade creditors 255,086 68,514
Taxation and social security 79,839 89,573
Other creditors 92,390 119,609
427,315 307,696

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans - 60,625

9. ULTIMATE CONTROLLING PARTY

The controlling party is the Board of Directors by virtue of the directors' shareholdings.