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REGISTERED NUMBER: 01348891 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

TRESTAN FINISHERS LIMITED

TRESTAN FINISHERS LIMITED (REGISTERED NUMBER: 01348891)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TRESTAN FINISHERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: A Blandford
P Sillence
Mrs JM Blandford
Mrs CH Sillence





SECRETARY: P Sillence





REGISTERED OFFICE: Unit B 26 Hazel Road
Woolston
Southampton
Hampshire
SO19 7GA





REGISTERED NUMBER: 01348891 (England and Wales)





ACCOUNTANTS: Romsey Accountants GDT Limited
First Floor Secure House
Lulworth Close
Chandler's Ford
Hampshire
SO53 3TL

TRESTAN FINISHERS LIMITED (REGISTERED NUMBER: 01348891)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 130,472 97,065

CURRENT ASSETS
Stocks 8,332 8,136
Debtors 5 129,359 123,538
Cash at bank and in hand 135,480 162,989
273,171 294,663
CREDITORS
Amounts falling due within one year 6 104,088 104,695
NET CURRENT ASSETS 169,083 189,968
TOTAL ASSETS LESS CURRENT
LIABILITIES

299,555

287,033

PROVISIONS FOR LIABILITIES 27,224 21,313
NET ASSETS 272,331 265,720

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 272,231 265,620
272,331 265,720

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

TRESTAN FINISHERS LIMITED (REGISTERED NUMBER: 01348891)

BALANCE SHEET - continued
31 MARCH 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 September 2024 and were signed on its behalf by:




A Blandford - Director



P Sillence - Director


TRESTAN FINISHERS LIMITED (REGISTERED NUMBER: 01348891)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Trestan Finishers 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.

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 - at variable rates on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 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.

Financial instruments
The company enters into basic financial instruments which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period, financial instruments are assessed for evidence of impairment and changes are recognised in the Statement of Income and Retained Earnings.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


TRESTAN FINISHERS LIMITED (REGISTERED NUMBER: 01348891)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued
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.

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 12 (2023 - 13 ) .

4. TANGIBLE FIXED ASSETS
Long Plant and Motor Office
leasehold machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 - 201,245 56,982 23,256 281,483
Additions 12,859 2,785 33,990 - 49,634
At 31 March 2024 12,859 204,030 90,972 23,256 331,117
DEPRECIATION
At 1 April 2023 - 128,599 37,142 18,677 184,418
Charge for year - 2,083 13,457 687 16,227
At 31 March 2024 - 130,682 50,599 19,364 200,645
NET BOOK VALUE
At 31 March 2024 12,859 73,348 40,373 3,892 130,472
At 31 March 2023 - 72,646 19,840 4,579 97,065

TRESTAN FINISHERS LIMITED (REGISTERED NUMBER: 01348891)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 115,441 110,334
Other debtors 13,918 13,204
129,359 123,538

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 22,875 17,026
Taxation and social security 67,743 78,104
Other creditors 13,470 9,565
104,088 104,695