IRIS Accounts Production v24.2.0.383 13786040 Board of Directors 1.1.23 31.12.23 31.12.23 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh137860402022-12-31137860402023-12-31137860402023-01-012023-12-31137860402021-12-06137860402021-12-072022-12-31137860402022-12-3113786040ns15:EnglandWales2023-01-012023-12-3113786040ns14:PoundSterling2023-01-012023-12-3113786040ns10:Director12023-01-012023-12-3113786040ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3113786040ns10:SmallEntities2023-01-012023-12-3113786040ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3113786040ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3113786040ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3113786040ns10:FullAccounts2023-01-012023-12-3113786040ns10:Director22023-01-012023-12-3113786040ns10:Director32023-01-012023-12-3113786040ns10:RegisteredOffice2023-01-012023-12-3113786040ns5:CurrentFinancialInstruments2023-12-3113786040ns5:CurrentFinancialInstruments2022-12-3113786040ns5:Non-currentFinancialInstruments2023-12-3113786040ns5:Non-currentFinancialInstruments2022-12-3113786040ns5:ShareCapital2023-12-3113786040ns5:ShareCapital2022-12-3113786040ns5:RetainedEarningsAccumulatedLosses2023-12-3113786040ns5:RetainedEarningsAccumulatedLosses2022-12-3113786040ns5:PlantMachinery2023-01-012023-12-3113786040ns5:PlantMachinery2022-12-3113786040ns5:PlantMachinery2023-12-3113786040ns5:PlantMachinery2022-12-3113786040ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3113786040ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31
REGISTERED NUMBER: 13786040 (England and Wales)









TRIDYNION LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023






TRIDYNION LTD (REGISTERED NUMBER: 13786040)

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


TRIDYNION LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: D Futter
G T Stanners
J E Potter





REGISTERED OFFICE: Potter House
Henfaes Lane
Welshpool
Powys
SY21 7BE





REGISTERED NUMBER: 13786040 (England and Wales)

TRIDYNION LTD (REGISTERED NUMBER: 13786040)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 24,678

CURRENT ASSETS
Stocks 83,698 324,110
Debtors 5 3,488 48,189
Cash at bank 25,223 11,544
112,409 383,843
CREDITORS
Amounts falling due within one year 6 271,908 531,820
NET CURRENT LIABILITIES (159,499 ) (147,977 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(159,499

)

(123,299

)

CREDITORS
Amounts falling due after more than one
year

7

-

11,925
NET LIABILITIES (159,499 ) (135,224 )

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings (159,799 ) (135,524 )
(159,499 ) (135,224 )

TRIDYNION LTD (REGISTERED NUMBER: 13786040)

BALANCE SHEET - continued
31 DECEMBER 2023


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 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 23 September 2024 and were signed on its behalf by:





J E Potter - Director


TRIDYNION LTD (REGISTERED NUMBER: 13786040)

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


1. STATUTORY INFORMATION

Tridynion 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.

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, and on a going concern basis, assuming the continued financial support of the directors of the company.

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 etc - 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.

TRIDYNION LTD (REGISTERED NUMBER: 13786040)

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


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 32,814
Disposals (32,814 )
At 31 December 2023 -
DEPRECIATION
At 1 January 2023 8,136
Charge for year 684
Eliminated on disposal (8,820 )
At 31 December 2023 -
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 24,678

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 45,600
Other debtors 3,488 2,589
3,488 48,189

TRIDYNION LTD (REGISTERED NUMBER: 13786040)

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


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts - 7,950
Trade creditors 63,367 21,021
Taxation and social security - 12,369
Other creditors 208,541 490,480
271,908 531,820

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Hire purchase contracts - 11,925

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts - 19,875

The amounts due under hire purchase contracts are secured on the assets they are financing.