|
|
2024 |
|
2023 |
|
|
£ |
£ |
|
£ |
£ |
Fixed assets |
|
|
193,500 |
|
|
219,402 |
Current assets |
|
309,869 |
|
|
312,892 |
|
Prepayments and accrued income |
|
3,103 |
|
|
3,529 |
|
Creditors: amount falling due within one year |
|
(60,481) |
|
|
(49,064) |
|
Net current assets
|
|
|
252,491
|
|
|
267,357
|
Total assets less current liabilities
|
|
|
445,991 |
|
|
486,759 |
Creditors: amount falling due after more than one year |
|
|
(39,263) |
|
|
(56,662) |
Accruals and deferred income |
|
|
0 |
|
|
(17,687) |
Net assets
|
|
|
406,728 |
|
|
412,410 |
|
|
|
|
|
|
|
Capital and reserves
|
|
|
406,728 |
|
|
412,410 |
|
NOTES TO THE ACCOUNTS
General Information
TRIUMPH LAND LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04791256, registration address C/O Octagon Dental Surgery, 2 Enfield Avenue, Oakdale, Poole, Dorset, BH15 3SF.
The presentation currency is £ sterling.
1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
|
2. |
Average number of employees
Average number of employees during the year was 9 (2023 : 9).
|
3. |
Ultimate Controlling Party
The ultimate controlling party is Dr P T Jones.
|
4. |
Interest Bearing Advances to Directors
The director has a commercial loan with the company of £50,640 (2023 : £49,407)
The loan is charged at a commercial rate of interest of 3.%, is contractually binding and will be reviewed annually.
|
5. |
Debenture
There is one debenture outstanding on the Company as at 30th June 2024. Persons Entitled: Natwest Bank plc. Natwest hold a fixed and floating charge over the undertaking and all its assets.
|
6. |
Directors loan account
As at the 30th June 2024, the director owed the company £150,929) (2023 : £150,579) . No interest was charged on this loan
|
For the year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's Responsibilities: The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The director has chosen to exercise the option in S444(1)(a) CA 2006 and file just the balance sheet.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small company's regime.
The financial statements were approved by the director on 11 March 2025 and were signed by: -------------------------------- Philip Jones Director |
2
|