Company No. 07459018 | |||||||||
Trentside Property Services Limited Directors Report Registrar |
The Directors present their report and the accounts for the period ended 30 March 2024. | |||||||||
Principal activities | |||||||||
Directors | |||||||||
The Directors who served at any time during the period were as follows: | |||||||||
Signed on behalf of the board | |||||||||
N.England | |||||||||
Director | |||||||||
20 March 2025 |
Trentside Property Services Limited Balance Sheet Registrar |
at | ||||||||||
Company No. | Notes | 2024 | 2023 | |||||||
£ | £ | |||||||||
Fixed assets | ||||||||||
Tangible assets | 4 | |||||||||
Investment property | 5 | |||||||||
Current assets | ||||||||||
Debtors | 6 | |||||||||
Cash at bank and in hand | ||||||||||
Creditors: Amount falling due within one year | 7 | ( | ( | |||||||
Net current liabilities | ( | ( | ||||||||
Total assets less current liabilities | ||||||||||
Creditors: Amounts falling due after more than one year | 8 | ( | ( | |||||||
Provisions for liabilities | ||||||||||
Deferred taxation | ( | ( | ||||||||
Net assets | ||||||||||
Capital and reserves | ||||||||||
Called up share capital | ||||||||||
Revaluation reserve | 11 | |||||||||
Profit and loss account | 11 | ( | ( | |||||||
Total equity | ||||||||||
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the board on 20 March 2025 and signed on its behalf by: | ||||||||||
N.England | ||||||||||
Director | ||||||||||
20 March 2025 |
Trentside Property Services Limited Notes to the Accounts Registrar |
for the period ended 30 March 2024 | ||||||||||||||
1 | General information | |||||||||||||
Trentside Property Services Limited is a private company limited by shares and incorporated in England and Wales. | ||||||||||||||
Its registered number is: 07459018 | ||||||||||||||
Its registered office is: | ||||||||||||||
2 | Accounting policies | |||||||||||||
Turnover | ||||||||||||||
Intangible fixed assets | ||||||||||||||
Tangible fixed assets and depreciation | ||||||||||||||
Plant and machinery | ||||||||||||||
Motor vehicles | ||||||||||||||
Research and development costs | ||||||||||||||
Expenditure on research and development is written off in the year it is incurred unless it meets the criteria to allow it to be capitalised. Costs of research are always written off in the year in which they are incurred. Where development costs are recognised as an asset, they are amortised over the period expected to benefit from them. Amortisation of the capitalised costs begins once the developed product comes into use, typically at rate of 33.33% straight line. | ||||||||||||||
Taxation | ||||||||||||||
Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively. | ||||||||||||||
Freehold investment property | ||||||||||||||
Investments | ||||||||||||||
Stocks | ||||||||||||||
Trade and other debtors | ||||||||||||||
Trade and other creditors | ||||||||||||||
Foreign currencies | ||||||||||||||
Leased assets | ||||||||||||||
Defined contribution pensions | ||||||||||||||
The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds. | ||||||||||||||
Defined benefit pensions | ||||||||||||||
Provisions | ||||||||||||||
3 | Employees | |||||||||||||
2024 | 2023 | |||||||||||||
Number | Number | |||||||||||||
The average monthly number of employees (including directors) during the period: | ||||||||||||||
4 | Tangible fixed assets | |||||||||||||
Land and buildings | Plant and machinery | Motor vehicles | Fixtures, fittings and equipment | Total | ||||||||||
£ | £ | £ | £ | £ | ||||||||||
Cost or revaluation | ||||||||||||||
At 1 April 2023 | ||||||||||||||
Additions | ||||||||||||||
Disposals | ( | ( | ||||||||||||
At 30 March 2024 | ||||||||||||||
Depreciation | ||||||||||||||
At 1 April 2023 | ||||||||||||||
Charge for the year | ||||||||||||||
Disposals | ( | ( | ||||||||||||
At 30 March 2024 | ||||||||||||||
Net book values | ||||||||||||||
At 30 March 2024 | ||||||||||||||
At 31 March 2023 | ||||||||||||||
5 | Investment property | |||||||||||||
Freehold Investment Property | ||||||||||||||
£ | ||||||||||||||
Valuation | ||||||||||||||
At 1 April 2023 | ||||||||||||||
At 30 March 2024 | ||||||||||||||
6 | Debtors | |||||||||||||
2024 | 2023 | |||||||||||||
£ | £ | |||||||||||||
Other debtors | ||||||||||||||
7 | Creditors: | |||||||||||||
amounts falling due within one year | ||||||||||||||
2024 | 2023 | |||||||||||||
£ | £ | |||||||||||||
Other loans | ||||||||||||||
Obligations under finance lease and hire purchase contracts | ||||||||||||||
Loans from directors | ||||||||||||||
Other creditors | ||||||||||||||
Accruals and deferred income | ||||||||||||||
8 | Creditors: | |||||||||||||
amounts falling due after more than one year | ||||||||||||||
2024 | 2023 | |||||||||||||
£ | £ | |||||||||||||
Bank loans and overdrafts | ||||||||||||||
Obligations under finance lease and hire purchase contracts | ||||||||||||||
Liabilities repayable in more than five years after the balance sheet date | ||||||||||||||
Amount repayable otherwise than by instalments | 820,270 | 820,270 | ||||||||||||
9 | Creditors: secured liabilities | |||||||||||||
2024 | 2023 | |||||||||||||
£ | £ | |||||||||||||
The aggregate amount of secured liabilities included within creditors | ||||||||||||||
The bank loans and hire purchase loans aresecured on the assets to which they relate. | ||||||||||||||
10 | Share Capital | |||||||||||||
11 | Reserves | |||||||||||||
Revaluation Reserve | Capital redemption reserve | Total other reserves | ||||||||||||
£ | £ | £ | ||||||||||||
At 1 April 2022 | ||||||||||||||
At 31 March 2023 and 1 April 2023 | ||||||||||||||
At 30 March 2024 | ||||||||||||||
12 | Guarantees and commitments | |||||||||||||
2024 | 2023 | |||||||||||||
£ | £ | |||||||||||||
Total of guarantees and commitments | ||||||||||||||
The director Mr N England has given a personal guarantee for the loans limited to the values set out above | ||||||||||||||