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REGISTERED NUMBER: 04090941 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 July 2024

for

TRAJECTORY CONSULTANCY LIMITED

TRAJECTORY CONSULTANCY LIMITED (REGISTERED NUMBER: 04090941)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TRAJECTORY CONSULTANCY LIMITED

Company Information
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: J R Long
C B A Long





SECRETARY: C B A Long





REGISTERED OFFICE: Beech House
51d School Road
Frampton Cotterell
Bristol
BS36 2BU





REGISTERED NUMBER: 04090941 (England and Wales)





ACCOUNTANTS: Haines Watts
Chartered Accountants
6-8 Bath Street
Bristol
BS1 6HL

TRAJECTORY CONSULTANCY LIMITED (REGISTERED NUMBER: 04090941)

Balance Sheet
31 JULY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 10,147 4,088
Investment properties 5 1,495,000 1,495,000
1,505,147 1,499,088

CURRENT ASSETS
Debtors 6 2,559 2,650
Cash at bank and in hand 27,077 54,618
29,636 57,268
CREDITORS
Amounts falling due within one year 7 (18,575 ) (29,003 )
NET CURRENT ASSETS 11,061 28,265
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,516,208

1,527,353

PROVISIONS FOR LIABILITIES (2,537 ) (777 )
NET ASSETS 1,513,671 1,526,576

CAPITAL AND RESERVES
Called up share capital 8 200 200
Fair value reserve 9 364,129 364,129
Retained earnings 9 1,149,342 1,162,247
SHAREHOLDERS' FUNDS 1,513,671 1,526,576

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

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

TRAJECTORY CONSULTANCY LIMITED (REGISTERED NUMBER: 04090941)

Balance Sheet - continued
31 JULY 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 Profit and loss account has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 28 November 2024 and were signed on its behalf by:





J R Long - Director


TRAJECTORY CONSULTANCY LIMITED (REGISTERED NUMBER: 04090941)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 JULY 2024


1. COMPANY INFORMATION

Trajectory Consultancy 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.

The company's principal activities and nature of its operations are disclosed in the Directors' Report.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.

Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover
Turnover represents rents receivable, net of value added tax. Rental income is invoiced in advance and recognised over the period to which it relates.

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
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated deprecation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Investment properties
Investment properties are shown at their fair value, with any surplus or deficit arising being transferred to the fair value reserve.

TRAJECTORY CONSULTANCY LIMITED (REGISTERED NUMBER: 04090941)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JULY 2024


2. ACCOUNTING POLICIES - continued

Cash and cash equivalents
Cash and cash equivalents 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.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include trade and other debtors, and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost. Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities, including trade and other creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Financial liabilities are derecognised when, and only when, the company's contractual obligations are discharged, cancelled, or they expire.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

TRAJECTORY CONSULTANCY LIMITED (REGISTERED NUMBER: 04090941)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JULY 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 August 2023 1,681 4,693 1,983 8,357
Additions - 7,846 175 8,021
At 31 July 2024 1,681 12,539 2,158 16,378
DEPRECIATION
At 1 August 2023 1,567 1,886 816 4,269
Charge for year 28 1,598 336 1,962
At 31 July 2024 1,595 3,484 1,152 6,231
NET BOOK VALUE
At 31 July 2024 86 9,055 1,006 10,147
At 31 July 2023 114 2,807 1,167 4,088

5. INVESTMENT PROPERTIES
Total
£   
FAIR VALUE
At 1 August 2023
and 31 July 2024 1,495,000
NET BOOK VALUE
At 31 July 2024 1,495,000
At 31 July 2023 1,495,000

Fair value at 31 July 2024 is represented by:
£   
Valuation in 2009 (21,517 )
Valuation in 2015 45,000
Valuation in 2016 78,564
Valuation in 2017 107,082
Valuation in 2018 120,000
Valuation in 2019 90,000
Valuation in 2020 (110,000 )
Valuation in 2021 145,000
Valuation in 2022 10,000
Valuation in 2023 (100,000 )
Cost 1,130,871
1,495,000

TRAJECTORY CONSULTANCY LIMITED (REGISTERED NUMBER: 04090941)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JULY 2024


5. INVESTMENT PROPERTIES - continued

If investment properties had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 1,130,871 1,130,871

Investment properties were valued on an open market basis on 31 July 2023 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments and accrued income 2,559 2,650

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 478 -
Corporation tax 7,659 12,651
VAT 934 1,220
Other creditors 5,550 11,850
Directors' current accounts 780 312
Accruals & deferred income 3,174 2,970
18,575 29,003

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2021 2020
value: £ £
52 Ordinary £1 52 52
48 A Ordinary £1 48 48
52 B Ordinary £1 52 52
48 C Ordinary £1 48 48


200 200

TRAJECTORY CONSULTANCY LIMITED (REGISTERED NUMBER: 04090941)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JULY 2024


9. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 August 2023 1,162,247 364,129 1,526,376
Profit for the year 37,095 37,095
Dividends (50,000 ) (50,000 )
At 31 July 2024 1,149,342 364,129 1,513,471