IRIS Accounts Production v24.3.2.46 12075303 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh120753032023-06-30120753032024-06-30120753032023-07-012024-06-30120753032022-06-30120753032022-07-012023-06-30120753032023-06-3012075303ns15:EnglandWales2023-07-012024-06-3012075303ns14:PoundSterling2023-07-012024-06-3012075303ns10:Director12023-07-012024-06-3012075303ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3012075303ns10:SmallEntities2023-07-012024-06-3012075303ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3012075303ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3012075303ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3012075303ns10:FullAccounts2023-07-012024-06-3012075303ns10:Director22023-07-012024-06-3012075303ns10:RegisteredOffice2023-07-012024-06-3012075303ns5:CurrentFinancialInstruments2024-06-3012075303ns5:CurrentFinancialInstruments2023-06-3012075303ns5:Non-currentFinancialInstruments2024-06-3012075303ns5:Non-currentFinancialInstruments2023-06-3012075303ns5:ShareCapital2024-06-3012075303ns5:ShareCapital2023-06-3012075303ns5:RetainedEarningsAccumulatedLosses2024-06-3012075303ns5:RetainedEarningsAccumulatedLosses2023-06-3012075303ns5:LandBuildingsns5:ShortLeaseholdAssets2023-07-012024-06-3012075303ns5:FurnitureFittings2023-07-012024-06-3012075303ns5:LandBuildingsns5:ShortLeaseholdAssets2023-06-3012075303ns5:FurnitureFittings2023-06-3012075303ns5:LandBuildingsns5:ShortLeaseholdAssets2024-06-3012075303ns5:FurnitureFittings2024-06-3012075303ns5:LandBuildingsns5:ShortLeaseholdAssets2023-06-3012075303ns5:FurnitureFittings2023-06-3012075303ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3012075303ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-3012075303ns5:Secured2024-06-3012075303ns5:Secured2023-06-30
REGISTERED NUMBER: 12075303 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

TRIMARCO & CO LIMITED

TRIMARCO & CO LIMITED (REGISTERED NUMBER: 12075303)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TRIMARCO & CO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Mr L Hamilton
Mr G J Trimarco





REGISTERED OFFICE: 5 Giffard Court
Millbrook Close
Northampton
NN5 5JF





REGISTERED NUMBER: 12075303 (England and Wales)





ACCOUNTANTS: Cube Partners Limited
Chartered Accountants
5 Giffard Court
Millbrook Close
Northampton
Northamptonshire
NN5 5JF

TRIMARCO & CO LIMITED (REGISTERED NUMBER: 12075303)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 138,374 157,182

CURRENT ASSETS
Stocks 8,751 8,579
Debtors 5 2,304 -
Cash at bank and in hand 361,758 420,325
372,813 428,904
CREDITORS
Amounts falling due within one year 6 163,798 207,344
NET CURRENT ASSETS 209,015 221,560
TOTAL ASSETS LESS CURRENT
LIABILITIES

347,389

378,742

CREDITORS
Amounts falling due after more than one year 7 (9,998 ) (20,000 )

PROVISIONS FOR LIABILITIES (3,849 ) (4,313 )
NET ASSETS 333,542 354,429

CAPITAL AND RESERVES
Called up, fully paid share capital 100 100
Retained earnings 333,442 354,329
SHAREHOLDERS' FUNDS 333,542 354,429

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 8 January 2025 and were signed on its behalf by:





Mr L Hamilton - Director


TRIMARCO & CO LIMITED (REGISTERED NUMBER: 12075303)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Trimarco & Co 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 presentation currency of the financial statements is the Pound Sterling (£).


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.
Short leasehold - Over the terms of the lease period
Fixtures and fittings - 20% 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 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.

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 21 (2023 - 15 ) .

TRIMARCO & CO LIMITED (REGISTERED NUMBER: 12075303)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Short and
leasehold fittings Totals
£    £    £   
COST
At 1 July 2023 203,500 29,062 232,562
Additions - 4,443 4,443
At 30 June 2024 203,500 33,505 237,005
DEPRECIATION
At 1 July 2023 63,570 11,810 75,380
Charge for year 16,952 6,299 23,251
At 30 June 2024 80,522 18,109 98,631
NET BOOK VALUE
At 30 June 2024 122,978 15,396 138,374
At 30 June 2023 139,930 17,252 157,182

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 2,304 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 10,821 1,286
Taxation and social security 47,716 54,658
Other creditors 95,261 141,400
163,798 207,344

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 9,998 20,000

8. LEASING AGREEMENTS
At the balance sheet date, the company was committed to making payments of £307,999 (2023 - £351,999) under non-cancellable operating leases.

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Other loans - 50,000

The company has two outstanding charges in favour of L E Saundersfoot Limited.

10. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed the directors £47,962 (2023 - £69,694). No interest is charged on this loan. There are no fixed repayment terms.