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REGISTERED NUMBER: 07497885 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

TRILOGY WRITING & CONSULTING LTD

TRILOGY WRITING & CONSULTING LTD (REGISTERED NUMBER: 07497885)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TRILOGY WRITING & CONSULTING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Dr L M B Chamberlain James
Dr J P Forjanic Klapproth



SECRETARY: Dr L M B Chamberlain James



REGISTERED OFFICE: The Platinum Building
St John's Innovation Park
Cowley Road
Cambridge
Cambridgeshire
CB4 0DS



REGISTERED NUMBER: 07497885 (England and Wales)



SENIOR STATUTORY AUDITOR: Robert Booty ACA FCCA CTA



AUDITORS: Wheelers
Chartered Accountants, Tax Consultants
& Statutory Auditors
27-29 Old Market
Wisbech
Cambridgeshire
PE13 1NE

TRILOGY WRITING & CONSULTING LTD (REGISTERED NUMBER: 07497885)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 110,915 131,849

CURRENT ASSETS
Debtors 5 588,126 895,059
Cash at bank and in hand 120,740 107,085
708,866 1,002,144
CREDITORS
Amounts falling due within one year 6 271,085 292,524
NET CURRENT ASSETS 437,781 709,620
TOTAL ASSETS LESS CURRENT
LIABILITIES

548,696

841,469

CREDITORS
Amounts falling due after more than one year 7 (529,481 ) (534,923 )

PROVISIONS FOR LIABILITIES (16,800 ) (21,500 )
NET ASSETS 2,415 285,046

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 2,414 285,045
2,415 285,046

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 24 September 2024 and were signed on its behalf by:





Dr L M B Chamberlain James - Director


TRILOGY WRITING & CONSULTING LTD (REGISTERED NUMBER: 07497885)

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

1. STATUTORY INFORMATION

Trilogy Writing & Consulting Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 directors believe that the company is well placed to manage its financial risks successfully and have reasonable expectation that it has adequate resources to continue in operational existence for the foreseeable future. Consequently, it continues to adopt the going concern basis of accounting in preparing the annual financial statements.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% reducing balance

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.

TRILOGY WRITING & CONSULTING LTD (REGISTERED NUMBER: 07497885)

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

2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Operating leases
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease. Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2022 - 19 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2023 80,460 69,680 38,643 188,783
Additions 1,817 - 7,447 9,264
Disposals - - (1,235 ) (1,235 )
At 31 December 2023 82,277 69,680 44,855 196,812
DEPRECIATION
At 1 January 2023 19,595 27,219 10,120 56,934
Charge for year 12,442 10,615 6,188 29,245
Eliminated on disposal - - (282 ) (282 )
At 31 December 2023 32,037 37,834 16,026 85,897
NET BOOK VALUE
At 31 December 2023 50,240 31,846 28,829 110,915
At 31 December 2022 60,865 42,461 28,523 131,849

TRILOGY WRITING & CONSULTING LTD (REGISTERED NUMBER: 07497885)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Amounts owed by group undertakings 494,992 681,799
Other debtors - 132,796
VAT 18,776 10,769
Prepayments and accrued income 74,358 69,695
588,126 895,059

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 16,777 5,802
Amounts owed to group undertakings 65,262 119,133
Corporation tax 32,283 12,893
Social security and other taxes 30,689 41,966
Other creditors 13,682 -
Accruals and deferred income 112,392 112,730
271,085 292,524

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Amounts owed to group undertakings 529,481 534,923

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.23 31.12.22
£    £   
Within one year 111,588 111,588
Between one and five years 7,900 119,488
119,488 231,076

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Robert Booty ACA FCCA CTA (Senior Statutory Auditor)
for and on behalf of Wheelers

TRILOGY WRITING & CONSULTING LTD (REGISTERED NUMBER: 07497885)

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

10. RELATED PARTY DISCLOSURES

During the year the company had the following transactions with Trilogy Writing & Consulting GmbH, the parent company:-

31.12.23 31.12.22

Provision of writing services by Trilogy Writing & Consulting Limited 1,166,768 997,633

Loan interest charged by Trilogy Writing & Consulting GmbH 6,335 6,257

Long term creditor balance at 31 December 2023 529,481 534,923

Short term creditor balance at 31 December 2023 65,262 -

Debtor balance at 31 December 2023 - 681,799


During the year the company had the following transactions with Trilogy Writing & Consulting Inc, a fellow subsidiary:-

31.12.23 31.12.22

Provision of writing services by Trilogy Writing & Consulting Limited 614,125 723,641

Creditor balance at 31 December 2023 - 119,113

Debtor balance at 31 December 2023 494,992 -

During the year the company had the following transactions with TriloDocs GmbH, a company controlled by common shareholders of the ultimate parent company, Trilogy Writing & Consulting GmbH: -

31.12.23 31.12.22

Recharge of costs incurred by Trilogy Writing & Consulting Limited at cost 75,022 131,922

Debtor balance at 31 December 2023 - 131,922

Impairment of debtor balance 206,945 -

During the year the company had the following transactions with TriloDocs Limited, a company controlled by common shareholders of the ultimate parent company, Trilogy Writing & Consulting GmbH: -

31.12.23 31.12.22

Recharge of costs incurred by Trilogy Writing & Consulting Limited at cost 147,440 -

Impairment of debtor balance 147,440 -


TRILOGY WRITING & CONSULTING LTD (REGISTERED NUMBER: 07497885)

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

11. POST BALANCE SHEET EVENTS

On 27 March 2024 the ultimate controlling party changed by virtue of the entire issued share capital of Trilogy Writing & Consulting GmbH, who owns 100% of the share capital of Trilogy Writing & Consulting Limited, being acquired by Indegene Ireland Limited, a subsidiary of Indegene Limited, a company registered on the Indian Stock exchange.

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Trilogy Writing & Consulting GmbH.

Address:
Falkensteiner Strasse 77
60322 Frankfurt am Main
Germany