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REGISTERED NUMBER: 02415978 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

THE TREVOR PATRICK PARTNERSHIP LIMITED

THE TREVOR PATRICK PARTNERSHIP LIMITED (REGISTERED NUMBER: 02415978)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE TREVOR PATRICK PARTNERSHIP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: M S Powell
Mrs N Powell
C J Lee





REGISTERED OFFICE: America House
Rumford Court
Rumford Place
Liverpool
L3 9DD





REGISTERED NUMBER: 02415978 (England and Wales)





ACCOUNTANTS: Malthouse & Company Chartered Accountants
America House, Rumford Court
Rumford Place
Liverpool
Merseyside
L3 9DD

THE TREVOR PATRICK PARTNERSHIP LIMITED (REGISTERED NUMBER: 02415978)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 136,276 103,074
Investments 5 100 100
136,376 103,174

CURRENT ASSETS
Debtors 6 459,063 809,071
Cash at bank and in hand 1,008,573 1,151,865
1,467,636 1,960,936
CREDITORS
Amounts falling due within one year 7 519,335 767,285
NET CURRENT ASSETS 948,301 1,193,651
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,084,677

1,296,825

PROVISIONS FOR LIABILITIES 9 5,111 4,768
NET ASSETS 1,079,566 1,292,057

CAPITAL AND RESERVES
Called up share capital 24,875 24,875
Capital redemption reserve 75,125 75,125
Retained earnings 979,566 1,192,057
SHAREHOLDERS' FUNDS 1,079,566 1,292,057

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

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

THE TREVOR PATRICK PARTNERSHIP LIMITED (REGISTERED NUMBER: 02415978)

BALANCE SHEET - continued
31 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 19 September 2024 and were signed on its behalf by:





M S Powell - Director


THE TREVOR PATRICK PARTNERSHIP LIMITED (REGISTERED NUMBER: 02415978)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

The Trevor Patrick Partnership 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 represents net invoiced sales of completed projects during the year together with the relevant proportion of contract receivables at the year end date and taking into account contract receivables included in the prior financial period.

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 and 20% on cost

Tangible fixed assets are recognised at historical cost.

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.

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.


THE TREVOR PATRICK PARTNERSHIP LIMITED (REGISTERED NUMBER: 02415978)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


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 the profit and loss account 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.

CONTRACT RECOVERABLES
Amounts recoverable on contract are recognised in the financial statements for work performed prior to the year end but not billed until after the balance sheet date. For contracts that are part completed a proportion of the invoice value is recognised equal to the proportion of work performed before the year end date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2022 - 31 ) .

THE TREVOR PATRICK PARTNERSHIP LIMITED (REGISTERED NUMBER: 02415978)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 362,658
Additions 109,027
Disposals (185,345 )
At 31 December 2023 286,340
DEPRECIATION
At 1 January 2023 259,584
Charge for year 61,263
Eliminated on disposal (170,783 )
At 31 December 2023 150,064
NET BOOK VALUE
At 31 December 2023 136,276
At 31 December 2022 103,074

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2023
and 31 December 2023 100
NET BOOK VALUE
At 31 December 2023 100
At 31 December 2022 100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 356,775 635,879
Other debtors 102,288 173,192
459,063 809,071

THE TREVOR PATRICK PARTNERSHIP LIMITED (REGISTERED NUMBER: 02415978)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 128,470 123,773
Taxation and social security 299,910 521,183
Other creditors 90,955 122,329
519,335 767,285

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.23 31.12.22
£    £   
Within one year 103,457 98,530
Between one and five years - 103,457
103,457 201,987

9. PROVISIONS FOR LIABILITIES
31.12.23 31.12.22
£    £   
Deferred tax 5,111 4,768

Deferred
tax
£   
Balance at 1 January 2023 4,768
Movement in year 343
Balance at 31 December 2023 5,111

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £505,931 (2022 - £620,933) were paid to the directors .

11. ULTIMATE CONTROLLING PARTY

At the year-end the company was under the control of M. S. Powell.