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REGISTERED NUMBER: 10876641 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

Troughton Holdings Limited

Troughton Holdings Limited (Registered number: 10876641)






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




Page

Balance Sheet 1

Notes to the Financial Statements 3


Troughton Holdings Limited (Registered number: 10876641)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 135,281 125,281

CURRENT ASSETS
Debtors 5 - 427
Cash at bank 204,813 184,042
204,813 184,469
CREDITORS
Amounts falling due within one year 6 33,651 32,449
NET CURRENT ASSETS 171,162 152,020
TOTAL ASSETS LESS CURRENT
LIABILITIES

306,443

277,301

PROVISIONS FOR LIABILITIES 1,900 -
NET ASSETS 304,543 277,301

CAPITAL AND RESERVES
Called up share capital 13 13
Revaluation reserve 7 10,000 -
Retained earnings 294,530 277,288
304,543 277,301

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

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

Troughton Holdings Limited (Registered number: 10876641)

Balance Sheet - continued
30 November 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 January 2025 and were signed by:





J Troughton - Director


Troughton Holdings Limited (Registered number: 10876641)

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

1. STATUTORY INFORMATION

Troughton Holdings 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: 10876641

Registered office: 166 Windermere Road
Kendal
Cumbria
LA9 5EZ

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 as modified by the revaluation of certain assets.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Troughton Holdings Limited (Registered number: 10876641)

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

4. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 December 2023 125,281
Additions 10,000
At 30 November 2024 135,281
NET BOOK VALUE
At 30 November 2024 135,281
At 30 November 2023 125,281

Cost or valuation at 30 November 2024 is represented by:
£   
Valuation in 2022 125,281
Valuation in 2024 10,000
135,281

If the investment property had not been revalued it would have been included at the following historical cost:

30.11.24 30.11.23
£    £   
Cost 125,281 125,281

The investment property was valued on an open market basis on 28 January 2025 by the vendor .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Other debtors - 427

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Taxation and social security 1,029 -
Other creditors 32,622 32,449
33,651 32,449

7. RESERVES
Revaluation
reserve
£   
Revaluation 10,000

At 30 November 2024 10,000