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REGISTERED NUMBER: SC671009 (Scotland)













Unaudited Financial Statements

for the Year Ended 31 August 2023

for

Trinafour Fold Holding Ltd

Trinafour Fold Holding Ltd (Registered number: SC671009)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Trinafour Fold Holding Ltd

Company Information
for the Year Ended 31 August 2023







DIRECTOR: H Headicar





REGISTERED OFFICE: 6 Logie Mill
Edinburgh
Lothian
EH7 4HG





REGISTERED NUMBER: SC671009 (Scotland)





ACCOUNTANTS: A H & Co Ltd
Chartered Accountants
6 Logie Mill
Edinburgh
Lothian
EH7 4HG

Trinafour Fold Holding Ltd (Registered number: SC671009)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 166,579 176,826
Investments 5 11,375 10,400
177,954 187,226

CURRENT ASSETS
Stocks 6 1,550 750
Debtors 7 - 4,955
Cash at bank 437 7,568
1,987 13,273
CREDITORS
Amounts falling due within one year 8 6,943 1,731
NET CURRENT (LIABILITIES)/ASSETS (4,956 ) 11,542
TOTAL ASSETS LESS CURRENT
LIABILITIES

172,998

198,768

CREDITORS
Amounts falling due after more than one year 9 (214,045 ) (233,145 )

PROVISIONS FOR LIABILITIES 10 (5,473 ) (9,563 )
NET LIABILITIES (46,520 ) (43,940 )

CAPITAL AND RESERVES
Called up share capital 11 100 100
Fair value reserve 12 8,275 7,300
Retained earnings 12 (54,895 ) (51,340 )
SHAREHOLDERS' FUNDS (46,520 ) (43,940 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 23 August 2024 and were signed by:




H Headicar - Director


Trinafour Fold Holding Ltd (Registered number: SC671009)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

Trinafour Fold Holding Ltd is a private company, limited by shares , registered in Scotland. 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.

The financial statements have been prepared on a going concern basis, the acceptability of which is dependent on the continued support of the director

Tangible fixed assets
Tangible fixed assets are stated at cost, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a straight line basis over its expected useful life, as follows:

Freehold property-0% on cost
Improvements to property-2% on cost
Plant and machinery-25% on cost
Motor vehicles-20% on cost

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

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

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

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.

Investments
Within investments there is livestock which has been measured at fair value. Fair value has been calculated based on the evidence available from an active market, taking into account the expected selling price less estimated costs to sell.

Trinafour Fold Holding Ltd (Registered number: SC671009)

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

2. ACCOUNTING POLICIES - continued

Exemption from preparing a cash flow statement
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small company.

Provisions
Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the balance sheet date, taking into account the risks and uncertainties surrounding the obligation.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Freehold Improvements Plant and Motor
property to property machinery vehicles Totals
£ £ £ £ £
COST
At 1 September 2022 126,494 17,259 15,810 39,884 199,447
Additions - 4,181 5,276 12,000 21,457
Disposals - - - (39,884 ) (39,884 )
At 31 August 2023 126,494 21,440 21,086 12,000 181,020
DEPRECIATION
At 1 September 2022 - 346 5,994 16,281 22,621
Charge for year - 429 5,272 2,400 8,101
Eliminated on disposal - - - (16,281 ) (16,281 )
At 31 August 2023 - 775 11,266 2,400 14,441
NET BOOK VALUE
At 31 August 2023 126,494 20,665 9,820 9,600 166,579
At 31 August 2022 126,494 16,913 9,816 23,603 176,826

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.8.23 31.8.22
£ £
Herd 11,375 10,400

Trinafour Fold Holding Ltd (Registered number: SC671009)

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

5. FIXED ASSET INVESTMENTS - continued

Reconciliation of the carrying amounts of biological assets:

Ewes Tups Bulls Cows Heifers Calves Total
£ £ £ £ £ £ £
Balance as at 1
September 2022

2,100


400


2,000


4,000


1,000


900


10,400

Purchases - - - - - - -
Sales - - - - - - -
Born/Died 875 - - - 500 - 1,375
Change in fair value (200) (200) - - - - (400)

Balance as at 31 August
2023

2,775


200


2,000


4,000


1,500


900


11,375

6. STOCKS
31.8.23 31.8.22
£ £
Stocks 1,550 750

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£ £
Other debtors - 4,955

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£ £
Trade creditors 561 150
Taxation and social security 4,139 -
Other creditors 2,243 1,581
6,943 1,731

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.23 31.8.22
£ £
Other creditors 214,045 233,145

10. PROVISIONS FOR LIABILITIES
31.8.23 31.8.22
£ £
Deferred tax 5,473 9,563

Deferred tax
£
Balance at 1 September 2022 9,563
Provided during year (4,090 )
Balance at 31 August 2023 5,473

Trinafour Fold Holding Ltd (Registered number: SC671009)

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

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.23 31.8.22
value: £ £
100 Ordinary £1 100 100

12. RESERVES
Retained Fair value
earnings reserve Totals
£ £ £

At 1 September 2022 (51,340 ) 7,300 (44,040 )
Deficit for the year (2,580 ) (2,580 )
Transfer (975 ) 975 -
At 31 August 2023 (54,895 ) 8,275 (46,620 )

13. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 31 August 2023 the company owed the director £214,438 (2022: £233,226).

14. RELATED PARTY DISCLOSURES




Related Party


Type of
Transaction

Movement in
the year ended
31.08.23

Movement in
the period ended
31.08.22
Balance receivable
from/(payable to)
related party at
31.08.23
Balance receivable
from/(payable to)
related party at
31.08.22
£ £ £ £

Curtis Banks Pensions Rent - (1,503) - -

The director of the company is connected to Curtis Banks Pensions.

15. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is H Headicar.