Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-311Other business support service activities not elsewhere classified2023-06-01false0truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false NI645855 2023-06-01 2024-05-31 NI645855 2022-06-01 2023-05-31 NI645855 2024-05-31 NI645855 2023-05-31 NI645855 1 2023-06-01 2024-05-31 NI645855 d:Director1 2023-06-01 2024-05-31 NI645855 d:RegisteredOffice 2023-06-01 2024-05-31 NI645855 d:Agent1 2023-06-01 2024-05-31 NI645855 c:CurrentFinancialInstruments 2024-05-31 NI645855 c:CurrentFinancialInstruments 2023-05-31 NI645855 c:CurrentFinancialInstruments c:WithinOneYear 2024-05-31 NI645855 c:CurrentFinancialInstruments c:WithinOneYear 2023-05-31 NI645855 c:ShareCapital 2024-05-31 NI645855 c:ShareCapital 2023-05-31 NI645855 c:RetainedEarningsAccumulatedLosses 2023-06-01 2024-05-31 NI645855 c:RetainedEarningsAccumulatedLosses 2024-05-31 NI645855 c:RetainedEarningsAccumulatedLosses 2023-05-31 NI645855 d:OrdinaryShareClass1 2023-06-01 2024-05-31 NI645855 d:OrdinaryShareClass1 2024-05-31 NI645855 d:OrdinaryShareClass1 2023-05-31 NI645855 d:FRS102 2023-06-01 2024-05-31 NI645855 d:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 NI645855 d:FullAccounts 2023-06-01 2024-05-31 NI645855 d:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 NI645855 2 2023-06-01 2024-05-31 NI645855 e:PoundSterling 2023-06-01 2024-05-31 xbrli:shares iso4217:GBP xbrli:pure

Unaudited Financial Statements
Trinity Family Office Limited
For the year ended 31 May 2024





































Registered number: NI645855

 
Trinity Family Office Limited
 

Company Information


Director
Raymond McLaughlin 




Registered number
NI645855



Registered office
12-15 Donegall Square West

Belfast

BT1 6JH




Bankers
HSBC UK
Belfast Royal Avenue

25-29 Royal Avenue

Belfast

BT1 1FB





 
Trinity Family Office Limited
 

Contents



Page
Balance sheet
1
Notes to the financial statements
2 - 5


 
Trinity Family Office Limited
Registered number:NI645855

Balance sheet
As at 31 May 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 6 
-
32,779

Cash at bank and in hand
 7 
22,339
15,877

  
22,339
48,656

Creditors: amounts falling due within one year
 8 
(25,448)
(48,655)

Net current (liabilities)/assets
  
 
 
(3,109)
 
 
1

Total assets less current liabilities
  
(3,109)
1

  

Net (liabilities)/assets
  
(3,109)
1


Capital and reserves
  

Called up share capital 
 9 
1
1

Profit and loss account
 10 
(3,110)
-

  
(3,109)
1


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 20 January 2025.




Raymond McLaughlin
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
Trinity Family Office Limited
 
 
Notes to the financial statements
For the year ended 31 May 2024

1.


General information

Trinity Family Office Limited is a private company, limited by shares and incorporated in Northern Ireland.  The registered office is 12-15 Donegall Square West, Belfast, BT1 6JH.
The principal activity is that of business support and consultancy.
Following the year end the director decided to wind up the Company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 3).

The financial statements have been prepared on a basis other than going concern, which is described as the break-up basis. The preparation of financial statements on a break-up basis is a departure from the requirement of FRS102 and company law to prepare financial statements on a going concern basis. This departure is made in order to comply with the overriding requirement in the Companies Act 2006 for the financial statements to give a true and fair view. The break-up basis requires the carrying value of the assets to be at the amounts they are expected to realise and liabilities include any amounts which have crystallised as a result of the decision to wind up the company. The application of the break-up basis has had no impact on the results for the year. In all other respects the financial statements have been prepared in accordance with the accounting framework.
The financial statements are presented in Sterling (£).

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 2

 
Trinity Family Office Limited
 

Notes to the financial statements
For the year ended 31 May 2024

2.Accounting policies (continued)

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Judgments in applying accounting policies and key sources of estimation uncertainty

Estimates and judgements are required when applying accounting policies. These are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
The company makes estimates and assumptions concerning the future, which can involve a high degree of judgement or complexity. The resulting accounting estimates will, by definition, seldom equal the related actual results.
In the director's opinion, there are no significant judgements, estimates and assumptions made about the recognition of assets, liabilities, incomes and expenses.

Page 3

 
Trinity Family Office Limited
 
 
Notes to the financial statements
For the year ended 31 May 2024

4.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


5.


Dividends

2024
2023
£
£


Dividends paid
-
38,764

-
38,764


6.


Debtors

2024
2023
£
£


Other debtors
-
32,779

-
32,779



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
22,339
15,877

22,339
15,877



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
6,092
24,255

Other creditors
476
-

Accruals and deferred income
18,880
24,400

25,448
48,655


Page 4

 
Trinity Family Office Limited
 
 
Notes to the financial statements
For the year ended 31 May 2024

9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £0.01 each
1
1



10.


Reserves

Profit and loss account

This includes all current and prior period retained profits and losses.


11.


Related party transactions

The company had the following related party transactions in the year:
In the year the company received net funds of £15,092 from the director (2023: £38,764). At the balance sheet date the amount owed to the director was £476 (2023: owed from the director was £14,616). The loan is unsecured, interest free and repayable on demand.


12.


Post balance sheet events

Following the year end the director decided to wind up the Company.


Page 5