Silverfin false false 31/12/2023 01/06/2023 31/12/2023 M E Easton 20/05/2022 E J Lindsay-Wood 20/05/2022 20 September 2024 The principal activity of the Company during the financial year was that of property development. 14120936 2023-12-31 14120936 bus:Director1 2023-12-31 14120936 bus:Director2 2023-12-31 14120936 2023-05-31 14120936 core:CurrentFinancialInstruments 2023-12-31 14120936 core:CurrentFinancialInstruments 2023-05-31 14120936 core:ShareCapital 2023-12-31 14120936 core:ShareCapital 2023-05-31 14120936 core:RetainedEarningsAccumulatedLosses 2023-12-31 14120936 core:RetainedEarningsAccumulatedLosses 2023-05-31 14120936 core:RemainingRelatedParties core:CurrentFinancialInstruments 2023-12-31 14120936 core:RemainingRelatedParties core:CurrentFinancialInstruments 2023-05-31 14120936 2023-06-01 2023-12-31 14120936 bus:FilletedAccounts 2023-06-01 2023-12-31 14120936 bus:SmallEntities 2023-06-01 2023-12-31 14120936 bus:AuditExemptWithAccountantsReport 2023-06-01 2023-12-31 14120936 bus:PrivateLimitedCompanyLtd 2023-06-01 2023-12-31 14120936 bus:Director1 2023-06-01 2023-12-31 14120936 bus:Director2 2023-06-01 2023-12-31 14120936 2022-05-20 2023-05-31 iso4217:GBP xbrli:pure

Company No: 14120936 (England and Wales)

TRINITY DORSET HOLDINGS LTD

Unaudited Financial Statements
For the financial period from 01 June 2023 to 31 December 2023
Pages for filing with the registrar

TRINITY DORSET HOLDINGS LTD

Unaudited Financial Statements

For the financial period from 01 June 2023 to 31 December 2023

Contents

TRINITY DORSET HOLDINGS LTD

BALANCE SHEET

As at 31 December 2023
TRINITY DORSET HOLDINGS LTD

BALANCE SHEET (continued)

As at 31 December 2023
Note 31.12.2023 31.05.2023
£ £
Current assets
Stocks 3 2,952,943 2,546,149
Debtors 4 33,314 9,213
Cash at bank and in hand 32,500 267
3,018,757 2,555,629
Creditors: amounts falling due within one year 5 ( 3,025,918) ( 2,559,845)
Net current liabilities (7,161) (4,216)
Total assets less current liabilities (7,161) (4,216)
Net liabilities ( 7,161) ( 4,216)
Capital and reserves
Called-up share capital 100 100
Profit and loss account ( 7,261 ) ( 4,316 )
Total shareholders' deficit ( 7,161) ( 4,216)

For the financial period ending 31 December 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Trinity Dorset Holdings Ltd (registered number: 14120936) were approved and authorised for issue by the Board of Directors on 20 September 2024. They were signed on its behalf by:

M E Easton
Director
E J Lindsay-Wood
Director
TRINITY DORSET HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 June 2023 to 31 December 2023
TRINITY DORSET HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 June 2023 to 31 December 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Trinity Dorset Holdings Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 14 Hazlebury Road, London, SW6 2NB, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

Period from
01.06.2023 to
31.12.2023
Period from
20.05.2022 to
31.05.2023
Number Number
Monthly average number of persons employed by the Company during the period, including directors 2 2

3. Stocks

31.12.2023 31.05.2023
£ £
Work in progress 2,952,943 2,546,149

4. Debtors

31.12.2023 31.05.2023
£ £
Amounts owed by related parties 29,000 0
Other debtors 4,314 9,213
33,314 9,213

5. Creditors: amounts falling due within one year

31.12.2023 31.05.2023
£ £
Bank loans 1,554,074 1,242,349
Trade creditors 0 32,957
Amounts owed to related parties 1,291,208 1,166,886
Other creditors 180,636 117,653
3,025,918 2,559,845