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REGISTERED NUMBER: 07848421 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

TRINITY COMMUNITY ENTERPRISES LIMITED

TRINITY COMMUNITY ENTERPRISES LIMITED (REGISTERED NUMBER: 07848421)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TRINITY COMMUNITY ENTERPRISES LIMITED

COMPANY INFORMATION
for the Year Ended 31 MARCH 2024







DIRECTORS: A Bradley
Dr G D Everett
K T Johnson
C Luffingham
F Meraz
S Saidi





SECRETARY: Ms S J Bentley





REGISTERED OFFICE: The Trinity Centre
Trinity Road
Bristol
Avon
BS2 0NW





REGISTERED NUMBER: 07848421 (England and Wales)





AUDITORS: Burnside
Chartered Accountants
and Statutory Auditor
61 Queen Square
Bristol
BS1 4JZ

TRINITY COMMUNITY ENTERPRISES LIMITED (REGISTERED NUMBER: 07848421)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,016 563

CURRENT ASSETS
Stocks 11,425 16,258
Debtors 5 379,930 425,146
Cash at bank and in hand 118,901 80,354
510,256 521,758
CREDITORS
Amounts falling due within one year 6 153,699 180,099
NET CURRENT ASSETS 356,557 341,659
TOTAL ASSETS LESS CURRENT
LIABILITIES

358,573

342,222

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 358,572 342,221
358,573 342,222

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 11 October 2024 and were signed on its behalf by:





C Luffingham - Director


TRINITY COMMUNITY ENTERPRISES LIMITED (REGISTERED NUMBER: 07848421)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2024

1. STATUTORY INFORMATION

Trinity Community Enterprises Limited 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.

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 - 20% straight line

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.

TRINITY COMMUNITY ENTERPRISES LIMITED (REGISTERED NUMBER: 07848421)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 13 (2023 - 16 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 5,147
Additions 2,013
At 31 March 2024 7,160
DEPRECIATION
At 1 April 2023 4,584
Charge for year 560
At 31 March 2024 5,144
NET BOOK VALUE
At 31 March 2024 2,016
At 31 March 2023 563

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 65,261 72,780
Amounts owed by group undertakings 292,047 348,409
Other debtors 2,574 3,957
VAT 415 -
Prepayments and accrued income 19,633 -
379,930 425,146

TRINITY COMMUNITY ENTERPRISES LIMITED (REGISTERED NUMBER: 07848421)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 29,668 26,777
Social security and other taxes 3,184 4,822
Other creditors 6,024 6,308
Accruals and deferred income 114,823 142,192
153,699 180,099

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Stephen Burnside FCA (Senior Statutory Auditor)
for and on behalf of Burnside

8. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

9. ULTIMATE CONTROLLING PARTY

The immediate and ultimate parent company is Trinity Community Arts Limited, a charity incorporated in England & Wales. The ultimate parent company will consolidate these financial statements. Copies of the consolidated financial statements can be obtained from the parent's registered address at The Trinity Centre, Trinity Road, Bristol, BS2 0NW.