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REGISTERED NUMBER: 02039944 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 October 2024

for

Trentmanor Limited

Trentmanor Limited (Registered number: 02039944)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Trentmanor Limited

Company Information
for the Year Ended 31 October 2024







DIRECTOR: Mrs D Ayles





REGISTERED OFFICE: Northgate House
Northgate
Sleaford
Lincolnshire
NG34 7BZ





REGISTERED NUMBER: 02039944 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
Northgate House
Northgate
Sleaford
Lincolnshire
NG34 7BZ

Trentmanor Limited (Registered number: 02039944)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 - 84
Investment property 5 1,104,875 814,231
1,104,875 814,315

CURRENT ASSETS
Debtors 6 461 587
Cash at bank 2,549 692
3,010 1,279
CREDITORS
Amounts falling due within one year 7 252,350 243,227
NET CURRENT LIABILITIES (249,340 ) (241,948 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

855,535

572,367

CREDITORS
Amounts falling due after more than one
year

8

(628,958

)

(354,205

)

PROVISIONS FOR LIABILITIES (4,783 ) (4,783 )
NET ASSETS 221,794 213,379

CAPITAL AND RESERVES
Called up share capital 10 100 100
Fair value reserve 144,210 144,210
Retained earnings 77,484 69,069
SHAREHOLDERS' FUNDS 221,794 213,379

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 April 2025 and were signed by:




Mrs D Ayles - Director


Trentmanor Limited (Registered number: 02039944)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Trentmanor 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.

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.

The company had net current liabilities of £249,340 (2023 - £241,948). The director will continue to support the company, and therefore feel it is correct that these accounts are prepared on a going concern basis.

Turnover
Turnover represents rental income.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Tangible fixed assets are stated at their cost price or valuation less accumulated depreciation.

Investment property
In accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) the investment property is revalued annually and the aggregate surplus or deficit is transferred to the revaluation reserve. Depreciation is not provided in respect of investment property. The Directors consider that this accounting policy is necessary in order to provide a true and fair view.

Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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 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.

Trentmanor Limited (Registered number: 02039944)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 November 2023
and 31 October 2024 899
DEPRECIATION
At 1 November 2023 815
Charge for year 84
At 31 October 2024 899
NET BOOK VALUE
At 31 October 2024 -
At 31 October 2023 84

Tangible fixed assets are stated at their cost price or valuation less accumulated depreciation.

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023 814,231
Additions 290,644
At 31 October 2024 1,104,875
NET BOOK VALUE
At 31 October 2024 1,104,875
At 31 October 2023 814,231

Fair value at 31 October 2024 is represented by:
£   
Valuation in 2002 23,960
Valuation in 2003 35,000
Valuation in 2006 45,000
Valuation in 2021 15,000
Valuation in 2023 30,000
Cost 955,915
1,104,875

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

2024 2023
£    £   
Cost 665,271 665,271

The investment property was valued on an open market basis on 31 October 2023 by the director .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 461 587

Trentmanor Limited (Registered number: 02039944)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 252,350 243,227

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 628,958 354,205

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 628,958 354,205

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
2023 - 354,205
2024 628,958 -
628,958 354,205

The bank loans are secured against the investment property.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

11. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs D Ayles.