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REGISTERED NUMBER: 10721663 (England and Wales)















Unaudited Financial Statements For The Year Ended 30 April 2024

for

Triflora International Limited

Triflora International Limited (Registered number: 10721663)






Contents of the Financial Statements
For The Year Ended 30 April 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Triflora International Limited

Company Information
For The Year Ended 30 April 2024







DIRECTOR: Mr C Abbotson





REGISTERED OFFICE: 1 Fulshaw Park South
Wilmslow
Cheshire
SK9 1QP





REGISTERED NUMBER: 10721663 (England and Wales)





ACCOUNTANTS: Fact3
3 Hardman Square
Spinningfields
Manchester
M3 3EB

Triflora International Limited (Registered number: 10721663)

Statement of Financial Position
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 739 1,251

CURRENT ASSETS
Stocks - 127,187
Debtors 5 34,504 10,666
Cash at bank 40,675 22,342
75,179 160,195
CREDITORS
Amounts falling due within one year 6 64,362 111,158
NET CURRENT ASSETS 10,817 49,037
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,556

50,288

CREDITORS
Amounts falling due after more than one
year

7

(24,597

)

(24,165

)

PROVISIONS FOR LIABILITIES (140 ) (238 )
NET (LIABILITIES)/ASSETS (13,181 ) 25,885

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (13,281 ) 25,785
SHAREHOLDERS' FUNDS (13,181 ) 25,885

Triflora International Limited (Registered number: 10721663)

Statement of Financial Position - continued
30 April 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 January 2025 and were signed by:





Mr C Abbotson - Director


Triflora International Limited (Registered number: 10721663)

Notes to the Financial Statements
For The Year Ended 30 April 2024

1. STATUTORY INFORMATION

Triflora International 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 represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

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 Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Triflora International Limited (Registered number: 10721663)

Notes to the Financial Statements - continued
For The Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
The Company holds or issues financial instruments in order to finance its operations. Various financial instruments, for example trade debtors and creditors, arise directly from the company's operations.
Transactions involving financial instruments result in the Company assuming or transferring to another party one or more of the following financial risks:-

Liquidity risk
The Company manages its cash and borrowing requirements in order to minimise interest expense, whilst ensuring the company has sufficient liquid resources to meet the operating needs of the business. Cash flows are forecast and monitored on a regular basis.

Credit risk
Trade debtors are monitored on an ongoing basis and provision is made against doubtful debts for the proportion of the debts which are considered to be irrecoverable. Bad debts are written off at the point where the probability of a recovery becomes unlikely. Exposure to credit risk is limited by the monitoring of customer risk profiles using both internal and external sources. Appropriate action is taken with customers to limit the associated credit risks where a change in risk is identified.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 May 2023
and 30 April 2024 11,074
DEPRECIATION
At 1 May 2023 9,823
Charge for year 512
At 30 April 2024 10,335
NET BOOK VALUE
At 30 April 2024 739
At 30 April 2023 1,251

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 34,504 10,666

Triflora International Limited (Registered number: 10721663)

Notes to the Financial Statements - continued
For The Year Ended 30 April 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,727 9,727
Trade creditors 8,829 50,735
Taxation and social security 3,245 4,240
Other creditors 42,561 46,456
64,362 111,158

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 24,597 24,165

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Henton International Limited 40,534 40,534

Other Creditors includes amounts owed to Henton International Limited, which are secured by way of a fixed and floating charge over the assets and undertakings of the business.

The invoice discounting creditor balance is secured by way of a fixed and floating debenture over the assets and undertakings of the business.