REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 27 SEPTEMBER 2023 |
FOR |
TRINITY COURT N21 LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 27 SEPTEMBER 2023 |
FOR |
TRINITY COURT N21 LIMITED |
TRINITY COURT N21 LIMITED (REGISTERED NUMBER: 03958386) |
CONTENTS OF THE FINANCIAL STATEMENTS |
For The Year Ended 27 September 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
TRINITY COURT N21 LIMITED |
COMPANY INFORMATION |
For The Year Ended 27 September 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
6-7 Castle Gate, |
Castle Street |
Hertford |
Hertfordshire |
SG14 1HD |
TRINITY COURT N21 LIMITED (REGISTERED NUMBER: 03958386) |
BALANCE SHEET |
27 September 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Share premium |
Retained earnings |
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 financial statements were approved by the Board of Directors and authorised for issue on |
TRINITY COURT N21 LIMITED (REGISTERED NUMBER: 03958386) |
NOTES TO THE FINANCIAL STATEMENTS |
For The Year Ended 27 September 2023 |
1. | STATUTORY INFORMATION |
Trinity Court N21 Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
The directors have elected not to charge depreciation on the fixed assets. |
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. |
Service charge funds |
The company is responsible for the management of the property known as Trinity Court, 15 Queens Avenue, Winchmore Hill, London N21 3JF and has instructed a managing agent to collect service charges from lessees in order to fund expenditure incurred in the management of the property. The service charge funds are held in trust on behalf of the leaseholders as required by Section 42 of the Landlord & Tenant Act 1987. All service charge transactions relating to the management of the property are reported separately and are excluded from the company's financial statements. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
TRINITY COURT N21 LIMITED (REGISTERED NUMBER: 03958386) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 27 September 2023 |
4. | TANGIBLE FIXED ASSETS |
Land and |
buildings |
£ |
COST |
At 28 September 2022 |
and 27 September 2023 |
NET BOOK VALUE |
At 27 September 2023 |
At 27 September 2022 |
The fixed assets included in the accounts is the purchase price (including legal charges) for the headlease for 14 flats which was acquired in the year ended 27th September 2001 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Taxation and social security |
Other creditors |