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REGISTERED NUMBER: 05383863 (England and Wales)














Trevor Diggins Limited

Unaudited Financial Statements

for the Year Ended 30 April 2024






Trevor Diggins Limited (Registered number: 05383863)

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










Page

Company information 1

Chartered accountants' report 2

Statement of financial position 3

Notes to the financial statements 4


Trevor Diggins Limited

Company Information
for the Year Ended 30 April 2024







Directors: T Diggins
Mrs H Diggins





Registered office: Monica House
St Augustines Road
Wisbech
PE13 3AD





Business address: 126 Main Road
Quadring
Spalding
Lincolnshire
PE11 4PW





Registered number: 05383863 (England and Wales)





Accountants: Moore Thompson
Monica House
St Augustines Road
Wisbech
Cambridgeshire
PE13 3AD

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Trevor Diggins Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Directors' report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Trevor Diggins Limited for the year ended 30 April 2024 which comprise the Statement of income and retained earnings, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Trevor Diggins Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Trevor Diggins Limited and state those matters that we have agreed to state to the Board of Directors of Trevor Diggins Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Trevor Diggins Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Trevor Diggins Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Trevor Diggins Limited. You consider that Trevor Diggins Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Trevor Diggins Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Moore Thompson
Monica House
St Augustines Road
Wisbech
Cambridgeshire
PE13 3AD


30 January 2025

Trevor Diggins Limited (Registered number: 05383863)

Statement of Financial Position
30 April 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 5 15,519 18,690

Current assets
Debtors 6 14,660 10,380
Cash at bank 159,690 135,379
174,350 145,759
Creditors
Amounts falling due within one year 7 84,039 54,404
Net current assets 90,311 91,355
Total assets less current liabilities 105,830 110,045

Provisions for liabilities 2,856 3,428
Net assets 102,974 106,617

Capital and reserves
Called up share capital 10 10
Retained earnings 102,964 106,607
102,974 106,617

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 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 29 January 2025 and were signed on its behalf by:



T Diggins - Director


Trevor Diggins Limited (Registered number: 05383863)

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


1. Statutory information

Trevor Diggins 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. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - Straight line over 3 years

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 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.

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.

Trevor Diggins Limited (Registered number: 05383863)

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


3. Accounting policies - continued

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.

4. Employees and directors

The average number of employees during the year was 3 (2023 - 3 ) .

5. Tangible fixed assets
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
Cost
At 1 May 2023 3,594 732 23,999 1,631 29,956
Additions 1,356 - - 890 2,246
Disposals - - - (440 ) (440 )
At 30 April 2024 4,950 732 23,999 2,081 31,762
Depreciation
At 1 May 2023 2,302 427 7,125 1,412 11,266
Charge for year 662 76 4,218 461 5,417
Eliminated on disposal - - - (440 ) (440 )
At 30 April 2024 2,964 503 11,343 1,433 16,243
Net book value
At 30 April 2024 1,986 229 12,656 648 15,519
At 30 April 2023 1,292 305 16,874 219 18,690

6. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 14,160 10,380
Prepayments 500 -
14,660 10,380

7. Creditors: amounts falling due within one year
2024 2023
£    £   
Tax 6,453 6,807
Social security and other taxes 251 261
VAT 28,893 25,612
Other creditors 109 92
Directors' loan accounts 46,242 19,873
Accrued expenses 2,091 1,759
84,039 54,404

Trevor Diggins Limited (Registered number: 05383863)

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


8. Related party disclosures

During the year a director provided the company with an interest free unsecured loan. The loan is deemed to be repayable on demand and the amount outstanding at the balance sheet date was £46,242 (2023: £19,873).