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REGISTERED NUMBER: 02090415 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

FOR

TRISEC LIMITED

TRISEC LIMITED (REGISTERED NUMBER: 02090415)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TRISEC LIMITED

COMPANY INFORMATION
for the Year Ended 31st March 2024







DIRECTOR: M A Allen





SECRETARY: Mrs N A Allen





REGISTERED OFFICE: Unit 3
Richardson House
Sherwood Avenue
Newark
Nottinghamshire
NG24 1QF





REGISTERED NUMBER: 02090415 (England and Wales)





ACCOUNTANTS: Stephenson Nuttall & Co
Chartered Accountants
Ossington Chambers
6-8 Castle Gate
Newark
Nottinghamshire
NG24 1AX

TRISEC LIMITED (REGISTERED NUMBER: 02090415)

BALANCE SHEET
31st March 2024

31/3/24 31/3/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 53,504 39,586

CURRENT ASSETS
Stocks 5,718 4,118
Debtors 5 89,277 59,270
Cash at bank and in hand 213,607 230,569
308,602 293,957
CREDITORS
Amounts falling due within one year 6 168,117 132,026
NET CURRENT ASSETS 140,485 161,931
TOTAL ASSETS LESS CURRENT
LIABILITIES

193,989

201,517

PROVISIONS FOR LIABILITIES 7 11,503 7,521
NET ASSETS 182,486 193,996

CAPITAL AND RESERVES
Called up share capital 8 56 56
Capital redemption reserve 44 44
Retained earnings 182,386 193,896
SHAREHOLDERS' FUNDS 182,486 193,996

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

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

TRISEC LIMITED (REGISTERED NUMBER: 02090415)

BALANCE SHEET - continued
31st 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 director and authorised for issue on 9th September 2024 and were signed by:





M A Allen - Director


TRISEC LIMITED (REGISTERED NUMBER: 02090415)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2024

1. STATUTORY INFORMATION

Trisec 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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% 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 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.

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.

TRISEC LIMITED (REGISTERED NUMBER: 02090415)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st April 2023 5,677 4,778 58,708 4,815 73,978
Additions 308 601 25,595 753 27,257
Disposals - - (13,914 ) - (13,914 )
At 31st March 2024 5,985 5,379 70,389 5,568 87,321
DEPRECIATION
At 1st April 2023 4,080 4,395 21,907 4,010 34,392
Charge for year 477 248 9,669 389 10,783
Eliminated on disposal - - (11,358 ) - (11,358 )
At 31st March 2024 4,557 4,643 20,218 4,399 33,817
NET BOOK VALUE
At 31st March 2024 1,428 736 50,171 1,169 53,504
At 31st March 2023 1,597 383 36,801 805 39,586

5. DEBTORS
31/3/24 31/3/23
£    £   
Amounts falling due within one year:
Trade debtors 58,851 27,484
Loan 9,000 5,000
Prepayments 6,426 6,786
74,277 39,270

Amounts falling due after more than one year:
Loan 15,000 20,000

Aggregate amounts 89,277 59,270

The loan is to Physical Health & Performance Limited (company number 08394378) by an agreement dated 28th February 2023 and is being repaid at the rate of £400 per month. No interest is charged on the loan.

TRISEC LIMITED (REGISTERED NUMBER: 02090415)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Other loans 40,208 34,330
Trade creditors 33,354 25,020
Tax 16,095 11,529
Social security and other taxes 21,130 14,557
Other creditors 739 815
Receipts in advance 14,084 6,806
Directors' current accounts 40,104 34,538
Accrued expenses 2,403 4,431
168,117 132,026

7. PROVISIONS FOR LIABILITIES
31/3/24 31/3/23
£    £   
Deferred tax 11,503 7,521

Deferred
tax
£   
Balance at 1st April 2023 7,521
Provided during year 3,982
Accelerated capital allowances
Balance at 31st March 2024 11,503

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/3/24 31/3/23
value: £    £   
100 Ordinary 1 56 56

9. CONTINGENT LIABILITIES

The company had no contingent liabilities at 31st March 2024 (2023 - nil).

10. CAPITAL COMMITMENTS
31/3/24 31/3/23
£    £   
Contracted but not provided for in the
financial statements - -

11. ULTIMATE CONTROLLING PARTY

Mr M A Allen and Mrs N A Allen together own 100% of the issued share capital of the company.