Company Registration No. 09021557 (England and Wales)
Trio Homes Constructions Ltd
Unaudited accounts
for the year ended 31 March 2024
Trio Homes Constructions Ltd
Unaudited accounts
Contents
Trio Homes Constructions Ltd
Company Information
for the year ended 31 March 2024
Directors
Sadik Sherifi
Shqipe Sherifi
Company Number
09021557 (England and Wales)
Registered Office
411 Davina House
137 - 149 Goswell Road
London
Greater London
ECIV 7ET
Accountants
Solid Ltd
Eagle House
163 City Road
London
EC1V 1NR
Trio Homes Constructions Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
16,137
1,882
Cash at bank and in hand
114,546
18,351
Creditors: amounts falling due within one year
(93,587)
(14,330)
Net current assets
67,037
7,151
Total assets less current liabilities
83,174
9,033
Creditors: amounts falling due after more than one year
(11,141)
(21,018)
Net assets/(liabilities)
72,033
(11,985)
Called up share capital
100
100
Profit and loss account
71,933
(12,085)
Shareholders' funds
72,033
(11,985)
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 October 2024 and were signed on its behalf by
Sadik Sherifi
Director
Company Registration No. 09021557
Trio Homes Constructions Ltd
Notes to the Accounts
for the year ended 31 March 2024
Trio Homes Constructions Ltd is a private company, limited by shares, registered in England and Wales, registration number 09021557. The registered office is 411 Davina House, 137 - 149 Goswell Road, London, Greater London, ECIV 7ET.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Motor vehicles
20% straight line
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Cash and cash equivalents
Cash and cash equivalents are basic financial instruments and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Trio Homes Constructions Ltd
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
773
10,550
474
11,797
Additions
-
15,356
957
16,313
Disposals
-
(10,550)
-
(10,550)
At 31 March 2024
773
15,356
1,431
17,560
At 1 April 2023
519
9,143
253
9,915
Charge for the year
85
296
270
651
On disposals
-
(9,143)
-
(9,143)
At 31 March 2024
604
296
523
1,423
At 31 March 2024
169
15,060
908
16,137
At 31 March 2023
254
1,407
221
1,882
Amounts falling due within one year
Accrued income and prepayments
974
720
Other debtors
27,189
1,809
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,526
10,649
Taxes and social security
28,633
(17,735)
Other creditors
14,179
12,485
Loans from directors
40,249
4,854
7
Creditors: amounts falling due after more than one year
2024
2023
BBL loan backed by 100% government guarantee and financing of first year's interest by means of government grant.
8
Average number of employees
During the year the average number of employees was 3 (2023: 4).