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REGISTERED NUMBER: 01684089 (England and Wales)












Unaudited Financial Statements for the Year Ended 30 April 2024

for

Tricodent Limited

Tricodent Limited (Registered number: 01684089)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


Tricodent Limited (Registered number: 01684089)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 18,000 24,000
Tangible assets 5 154,049 214,246
Investments 6 - -
172,049 238,246

CURRENT ASSETS
Stocks 25,288 28,859
Debtors 7 23,605 40,680
Cash at bank 98,695 141,863
147,588 211,402
CREDITORS
Amounts falling due within one year 8 197,916 248,189
NET CURRENT LIABILITIES (50,328 ) (36,787 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

121,721

201,459

CREDITORS
Amounts falling due after more than one
year

9

186,766

186,766
NET (LIABILITIES)/ASSETS (65,045 ) 14,693

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Fair value reserve 10 47,356 47,356
Retained earnings (113,401 ) (33,663 )
SHAREHOLDERS' FUNDS (65,045 ) 14,693

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.

Tricodent Limited (Registered number: 01684089)

Balance Sheet - continued
30 April 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 January 2025 and were signed by:





R L Noakes - Director


Tricodent Limited (Registered number: 01684089)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Tricodent Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 01684089

Registered office: Unit 8a, Teknol House
Victoria Road
Burgess Hill
West Sussex
RH15 9LH

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - Straight line over 100 years
Plant and machinery etc - 33% on cost and 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 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 balance sheet date.


Tricodent Limited (Registered number: 01684089)

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

2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.

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 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 60,000
AMORTISATION
At 1 May 2023 36,000
Charge for year 6,000
At 30 April 2024 42,000
NET BOOK VALUE
At 30 April 2024 18,000
At 30 April 2023 24,000

Tricodent Limited (Registered number: 01684089)

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

5. TANGIBLE FIXED ASSETS
Long
Leasehold Development Plant and
Premises Land machinery
£    £    £   
COST
At 1 May 2023 200,000 57,843 14,000
Disposals - (57,843 ) -
At 30 April 2024 200,000 - 14,000
DEPRECIATION
At 1 May 2023 44,520 - 14,000
Charge for year 2,000 - -
At 30 April 2024 46,520 - 14,000
NET BOOK VALUE
At 30 April 2024 153,480 - -
At 30 April 2023 155,480 57,843 -

Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 May 2023 16,673 1,599 290,115
Disposals - - (57,843 )
At 30 April 2024 16,673 1,599 232,272
DEPRECIATION
At 1 May 2023 15,750 1,599 75,869
Charge for year 354 - 2,354
At 30 April 2024 16,104 1,599 78,223
NET BOOK VALUE
At 30 April 2024 569 - 154,049
At 30 April 2023 923 - 214,246

Tricodent Limited (Registered number: 01684089)

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

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 May 2023
and 30 April 2024 19,208
PROVISIONS
At 1 May 2023
and 30 April 2024 19,208
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 11,478 23,982
Other debtors 12,127 16,698
23,605 40,680

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 44,472 79,634
Taxation and social security 311 1,752
Other creditors 153,133 166,803
197,916 248,189

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Other creditors 186,766 186,766

10. RESERVES
Fair
value
reserve
£   
At 1 May 2023
and 30 April 2024 47,356

11. RELATED PARTY DISCLOSURES

Included in other creditors is an amount of £39,968 (2023 - £43,056) due to Mr R L Noakes, the director of the company. Also included in other creditors is an amount of £109,757 (2023 - £109,757) to Mrs C L Noakes, his wife.

Tricodent Limited (Registered number: 01684089)

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

12. CONTROLLING PARTY

As disclosed in the directors report the company is under the control of the director who has interest in 100% of the issued share capital with voting rights.