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REGISTERED NUMBER: 09519112 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 APRIL 2024

FOR

TRIDENT MOTOR SERVICES LTD

TRIDENT MOTOR SERVICES LTD (REGISTERED NUMBER: 09519112)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 APRIL 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Accountants' Report 8

TRIDENT MOTOR SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29 APRIL 2024







DIRECTOR: C A Powell





REGISTERED OFFICE: 504 Bushey Mill Lane
Watford
Hertfordshire
WD23 2AS





REGISTERED NUMBER: 09519112 (England and Wales)





ACCOUNTANTS: MGR Paris Limited
Chartered Accountants
Russell House
140 High Street
Edgware
HA8 7LW

TRIDENT MOTOR SERVICES LTD (REGISTERED NUMBER: 09519112)

STATEMENT OF FINANCIAL POSITION
29 APRIL 2024

29.4.24 29.4.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 24,212 31,514

CURRENT ASSETS
Stocks 59,100 64,100
Debtors 5 10,209 10,206
Cash at bank 6,594 5,614
75,903 79,920
CREDITORS
Amounts falling due within one year 6 (93,945 ) (98,420 )
NET CURRENT LIABILITIES (18,042 ) (18,500 )
TOTAL ASSETS LESS CURRENT LIABILITIES 6,170 13,014

CREDITORS
Amounts falling due after more than one
year

7

(5,417

)

(10,417

)
NET ASSETS 753 2,597

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 653 2,497
SHAREHOLDERS' FUNDS 753 2,597

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 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.

TRIDENT MOTOR SERVICES LTD (REGISTERED NUMBER: 09519112)

STATEMENT OF FINANCIAL POSITION - continued
29 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 3 February 2025 and were signed by:





C A Powell - Director


TRIDENT MOTOR SERVICES LTD (REGISTERED NUMBER: 09519112)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 APRIL 2024


1. STATUTORY INFORMATION

Trident Motor Services Ltd 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.

Monetary amounts are rounded to the nearest pound

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
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Basic financial assets
Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction and where material are subsequently measured at amortise cost using the effective interest method, less any impairment

Impairment of financial assets
Financial assets, other than those held at fair value are assessed for indicators or impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occured after the initial recognition of the financial asset, the estimated future cash flows have been affected. The impairment loss is recognised in the Statement of Total Comprehensive Income.

Derecognition of financial assets
Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire, or when it transfer the financial asset and substantially all the risks and rewards of ownership to another entity.

TRIDENT MOTOR SERVICES LTD (REGISTERED NUMBER: 09519112)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 APRIL 2024


2. ACCOUNTING POLICIES - continued

Basic financial liabilities
Basic financial liabilities, including trade and other payables and loans from company undertakings that are classified as debt are initially measured at transaction price unless the arrangement constitute a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at the market rate of interest.

Trade creditors are obligations to pay for goods or services that have been acquired int he ordinary course of business from suppliers. Accounts payables are classified as current liabilities if a payment is due within one year or less. If not, they are present as non current liabilities. Short term creditors are initially recognised at transaction price and where material are subsequently measured at amortised cost using the effective interest method.

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.

Cash and cash equivalent
Cash and cash equivalent include cash in hand, deposits held at call with banks, other short term liquid investments with original maturities of three months or less.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

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

TRIDENT MOTOR SERVICES LTD (REGISTERED NUMBER: 09519112)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 APRIL 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 30 April 2023 65,098 85 2,530 67,713
Additions - - 680 680
At 29 April 2024 65,098 85 3,210 68,393
DEPRECIATION
At 30 April 2023 34,591 75 1,533 36,199
Charge for year 7,626 3 353 7,982
At 29 April 2024 42,217 78 1,886 44,181
NET BOOK VALUE
At 29 April 2024 22,881 7 1,324 24,212
At 29 April 2023 30,507 10 997 31,514

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.4.24 29.4.23
£    £   
Trade debtors 209 206
Other debtors 10,000 10,000
10,209 10,206

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.4.24 29.4.23
£    £   
Bank loans and overdrafts (see note 8) 5,000 5,000
Trade creditors 5,981 7,655
Taxation and social security 44,216 48,061
Other creditors 38,748 37,704
93,945 98,420

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
29.4.24 29.4.23
£    £   
Bank loans (see note 8) 5,417 10,417

TRIDENT MOTOR SERVICES LTD (REGISTERED NUMBER: 09519112)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 APRIL 2024


8. LOANS

An analysis of the maturity of loans is given below:

29.4.24 29.4.23
£    £   
Amounts falling due within one year or on demand:
Bank loans 5,000 5,000

Amounts falling due between one and two years:
Bank loans - 1-2 years 5,417 10,417

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.4.24 29.4.23
value: £    £   
100 Ordinary 1 100 100

10. RESERVES
Retained
earnings
£   

At 30 April 2023 2,497
Profit for the year 23,156
Dividends (25,000 )
At 29 April 2024 653

ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
TRIDENT MOTOR SERVICES LTD


The following reproduces the text of the report prepared for the director 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 Report of the Director 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 Trident Motor Services Ltd for the year ended 29 April 2024 which comprise the Income Statement, 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 director of Trident Motor Services Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Trident Motor Services Ltd and state those matters that we have agreed to state to the director of Trident Motor Services Ltd 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 Trident Motor Services Ltd and its director for our work or for this report.

It is your duty to ensure that Trident Motor Services Ltd 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 Trident Motor Services Ltd. You consider that Trident Motor Services Ltd 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 Trident Motor Services Ltd. 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.






MGR Paris Limited
Chartered Accountants
Russell House
140 High Street
Edgware
HA8 7LW


3 February 2025