REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 AUGUST 2024 |
FOR |
TRENT PLASTICS DISTRIBUTION LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 AUGUST 2024 |
FOR |
TRENT PLASTICS DISTRIBUTION LIMITED |
TRENT PLASTICS DISTRIBUTION LIMITED (REGISTERED NUMBER: 05210385) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 AUGUST 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
TRENT PLASTICS DISTRIBUTION LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 AUGUST 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Orion House |
28A Spital Terrace |
GAINSBOROUGH |
Lincolnshire |
DN21 2HQ |
TRENT PLASTICS DISTRIBUTION LIMITED (REGISTERED NUMBER: 05210385) |
BALANCE SHEET |
31 AUGUST 2024 |
31.8.24 | 31.8.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 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 | 6 |
Retained earnings | 7 |
SHAREHOLDERS' FUNDS |
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 |
TRENT PLASTICS DISTRIBUTION LIMITED (REGISTERED NUMBER: 05210385) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 AUGUST 2024 |
1. | STATUTORY INFORMATION |
Trent Plastics Distribution Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Preparation of consolidated financial statements |
The financial statements contain information about Trent Plastics Distribution Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated 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. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
At 1 September 2023 |
and 31 August 2024 |
NET BOOK VALUE |
At 31 August 2024 |
At 31 August 2023 |
TRENT PLASTICS DISTRIBUTION LIMITED (REGISTERED NUMBER: 05210385) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 AUGUST 2024 |
4. | FIXED ASSET INVESTMENTS - continued |
The company's investments at the Balance Sheet date in the share capital of companies include the following: |
Registered office: Units 3 and 4, Sandars Road, Heapham Road Industrial Estate, Gainsborough, Lincolnshire, DN21 1RZ |
Nature of business: |
% |
Class of shares: | holding |
31.8.24 | 31.8.23 |
£ | £ |
Aggregate capital and reserves |
Profit for the year |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.8.24 | 31.8.23 |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
Tax |
Directors' current accounts | 57 | 42 |
Accruals and deferred income |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.8.24 | 31.8.23 |
value: | £ | £ |
Ordinary | 0.5p | 1 | 1 |
Ordinary A | 0.5p | 1 | 1 |
Ordinary B | 0.5p | - | - |
2 | 2 |
The different classes of shares rank pari passu in all respects with the exception that dividends on one class of shares can be paid to the exclusion of others subject to the discretion of the directors. |
7. | RESERVES |
Retained |
earnings |
£ |
At 1 September 2023 |
Profit for the year |
Dividends | ( |
) |
At 31 August 2024 |
TRENT PLASTICS DISTRIBUTION LIMITED (REGISTERED NUMBER: 05210385) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 AUGUST 2024 |
8. | RELATED PARTY DISCLOSURES |
The company is managed by Mr M A and Mrs J Pacey, the directors and majority shareholders. |
At 31 August 2024 there was a balance owed by the company to the directors of £57 (2023 - £42). This balance has been shown in Creditors. |
The management charge received in the year is from the company's subsidiary undertaking, Trent Plastics (Fabrications) Limited. The subsidiary undertaking also paid dividends totalling £206,735 (2023 - £214,012) during the year. At 31 August 2024 the company owed the subsidiary £77,419 (2023 - £78,019). This balance has been shown in Creditors. |
During the year the company paid dividends to the directors totalling £118,970 (2023 - £121,970). |
9. | ULTIMATE CONTROLLING PARTY |
The ultimate control of the company lies with the two directors, Mr M A Pacey and Mrs J Pacey, who between them hold 75% of the issued share capital. |