IRIS Accounts Production v24.3.0.553 03476904 Board of Directors Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh034769042023-03-31034769042024-03-31034769042023-04-012024-03-31034769042022-03-31034769042022-04-012023-03-31034769042023-03-3103476904ns15:EnglandWales2023-04-012024-03-3103476904ns14:PoundSterling2023-04-012024-03-3103476904ns10:Director12023-04-012024-03-3103476904ns10:Director22023-04-012024-03-3103476904ns10:Director32023-04-012024-03-3103476904ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3103476904ns10:SmallEntities2023-04-012024-03-3103476904ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3103476904ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3103476904ns10:FullAccounts2023-04-012024-03-3103476904ns10:Director42023-04-012024-03-3103476904ns10:CompanySecretary12023-04-012024-03-3103476904ns10:RegisteredOffice2023-04-012024-03-3103476904ns5:CurrentFinancialInstruments2024-03-3103476904ns5:CurrentFinancialInstruments2023-03-3103476904ns5:ShareCapital2024-03-3103476904ns5:ShareCapital2023-03-3103476904ns5:CapitalRedemptionReserve2024-03-3103476904ns5:CapitalRedemptionReserve2023-03-3103476904ns5:RetainedEarningsAccumulatedLosses2024-03-3103476904ns5:RetainedEarningsAccumulatedLosses2023-03-3103476904ns5:PlantMachinery2023-04-012024-03-3103476904ns5:MotorVehicles2023-04-012024-03-3103476904ns5:ComputerEquipment2023-04-012024-03-3103476904ns5:PlantMachinery2023-03-3103476904ns5:MotorVehicles2023-03-3103476904ns5:ComputerEquipment2023-03-3103476904ns5:PlantMachinery2024-03-3103476904ns5:MotorVehicles2024-03-3103476904ns5:ComputerEquipment2024-03-3103476904ns5:PlantMachinery2023-03-3103476904ns5:MotorVehicles2023-03-3103476904ns5:ComputerEquipment2023-03-3103476904ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3103476904ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3103476904ns5:WithinOneYear2024-03-3103476904ns5:WithinOneYear2023-03-3103476904ns5:BetweenOneFiveYears2024-03-3103476904ns5:BetweenOneFiveYears2023-03-3103476904ns5:AllPeriods2024-03-3103476904ns5:AllPeriods2023-03-31
REGISTERED NUMBER: 03476904 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2024

for

Trentside Fixings Limited

Trentside Fixings Limited (Registered number: 03476904)

Contents of the Financial Statements
for the Year Ended 31st March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Trentside Fixings Limited

Company Information
for the Year Ended 31st March 2024







DIRECTORS: M Bird
A Hewitt
J Smith
S Bassford





SECRETARY: M Bird





REGISTERED OFFICE: Finch Close
Lenton Industrial Estate
Nottingham
Nottinghamshire
NG7 2NN





REGISTERED NUMBER: 03476904 (England and Wales)





ACCOUNTANTS: Adrian Mooy & Co Limited
Chartered Certified Accountants
61 Friar Gate
Derby
DE1 1DJ

Trentside Fixings Limited (Registered number: 03476904)

Balance Sheet
31st March 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 178,675 140,435

CURRENT ASSETS
Inventories 5 739,173 711,946
Debtors 6 2,006,929 1,867,991
Cash at bank and in hand 2,173,217 1,722,602
4,919,319 4,302,539
CREDITORS
Amounts falling due within one year 7 (1,057,588 ) (1,046,770 )
NET CURRENT ASSETS 3,861,731 3,255,769
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,040,406

3,396,204

PROVISIONS FOR LIABILITIES (9,617 ) (9,537 )
NET ASSETS 4,030,789 3,386,667

CAPITAL AND RESERVES
Called up share capital 75 75
Capital redemption reserve 25 25
Retained earnings 4,030,689 3,386,567
SHAREHOLDERS' FUNDS 4,030,789 3,386,667

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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.

Trentside Fixings Limited (Registered number: 03476904)

Balance Sheet - continued
31st March 2024


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 27th November 2024 and were signed on its behalf by:




A Hewitt - Director J Smith - Director




M Bird - Director


Trentside Fixings Limited (Registered number: 03476904)

Notes to the Financial Statements
for the Year Ended 31st March 2024


1. STATUTORY INFORMATION

Trentside Fixings 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
Revenue 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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer & office equipment - 25% on reducing balance

Stocks
Inventories 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.

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.

Trentside Fixings Limited (Registered number: 03476904)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024


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 35 (2023 - 33 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Computer
Plant and Motor & office
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st April 2023 172,286 176,179 55,328 403,793
Additions 2,610 95,188 - 97,798
At 31st March 2024 174,896 271,367 55,328 501,591
DEPRECIATION
At 1st April 2023 134,936 76,939 51,483 263,358
Charge for year 9,990 48,607 961 59,558
At 31st March 2024 144,926 125,546 52,444 322,916
NET BOOK VALUE
At 31st March 2024 29,970 145,821 2,884 178,675
At 31st March 2023 37,350 99,240 3,845 140,435

5. INVENTORIES
31.3.24 31.3.23
£    £   
Stocks 739,173 711,946

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 1,950,857 1,821,999
Prepayments 56,072 45,992
2,006,929 1,867,991

Trentside Fixings Limited (Registered number: 03476904)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 589,341 676,666
Tax 318,883 210,455
VAT 109,465 110,909
Directors' current accounts 4,366 15,537
Accrued expenses 35,533 33,203
1,057,588 1,046,770

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.24 31.3.23
£    £   
Within one year 138,536 165,055
Between one and five years 236,078 365,536
374,614 530,591

9. ULTIMATE CONTROLLING PARTY

The company is controlled by its directors.