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REGISTERED NUMBER: 02608669 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

TRAFALGAR CLEANING EQUIPMENT LIMITED

TRAFALGAR CLEANING EQUIPMENT LIMITED (REGISTERED NUMBER: 02608669)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TRAFALGAR CLEANING EQUIPMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: M. J. Bremner





REGISTERED OFFICE: Unit C
Foundry Close
Horsham
West Sussex
RH13 5TX





REGISTERED NUMBER: 02608669 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Horsham) Limited
Ridgeland House
15 Carfax
Horsham
West Sussex
RH12 1DY

TRAFALGAR CLEANING EQUIPMENT LIMITED (REGISTERED NUMBER: 02608669)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 3 27,300 31,200
Tangible assets 4 173,936 231,619
201,236 262,819

CURRENT ASSETS
Stocks 1,867,820 2,001,059
Debtors 5 743,436 588,199
2,611,256 2,589,258
CREDITORS
Amounts falling due within one year 6 (1,765,609 ) (1,737,630 )
NET CURRENT ASSETS 845,647 851,628
TOTAL ASSETS LESS CURRENT LIABILITIES 1,046,883 1,114,447

CREDITORS
Amounts falling due after more than one year 7 (48,156 ) (100,189 )

PROVISIONS FOR LIABILITIES (50,303 ) (59,545 )
NET ASSETS 948,424 954,713

CAPITAL AND RESERVES
Called up share capital 765 765
Capital redemption reserve 735 735
Retained earnings 946,924 953,213
948,424 954,713

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 22 May 2025 and were signed by:





M. J. Bremner - Director


TRAFALGAR CLEANING EQUIPMENT LIMITED (REGISTERED NUMBER: 02608669)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on cost
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 33 (2023 - 29 ) .

3. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 39,000
AMORTISATION
At 1 January 2024 7,800
Amortisation for year 3,900
At 31 December 2024 11,700
NET BOOK VALUE
At 31 December 2024 27,300
At 31 December 2023 31,200

TRAFALGAR CLEANING EQUIPMENT LIMITED (REGISTERED NUMBER: 02608669)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 January 2024 11,180 46,610 273,815
Additions - - -
Disposals - - -
At 31 December 2024 11,180 46,610 273,815
DEPRECIATION
At 1 January 2024 11,180 43,866 258,988
Charge for year - 687 3,707
Eliminated on disposal - - -
At 31 December 2024 11,180 44,553 262,695
NET BOOK VALUE
At 31 December 2024 - 2,057 11,120
At 31 December 2023 - 2,744 14,827

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2024 526,683 8,294 866,582
Additions 83,896 - 83,896
Disposals (59,970 ) - (59,970 )
At 31 December 2024 550,609 8,294 890,508
DEPRECIATION
At 1 January 2024 316,134 4,795 634,963
Charge for year 112,159 875 117,428
Eliminated on disposal (35,819 ) - (35,819 )
At 31 December 2024 392,474 5,670 716,572
NET BOOK VALUE
At 31 December 2024 158,135 2,624 173,936
At 31 December 2023 210,549 3,499 231,619

TRAFALGAR CLEANING EQUIPMENT LIMITED (REGISTERED NUMBER: 02608669)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 January 2024 424,714
Additions 83,896
Disposals (59,970 )
Transfer to ownership (60,341 )
At 31 December 2024 388,299
DEPRECIATION
At 1 January 2024 214,165
Charge for year 112,159
Eliminated on disposal (35,819 )
Transfer to ownership (51,205 )
At 31 December 2024 239,300
NET BOOK VALUE
At 31 December 2024 148,999
At 31 December 2023 210,549

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 541,987 424,248
Other debtors 1,000 -
Tax - 21,972
Prepayments and accrued income 200,449 141,979
743,436 588,199

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 188,452 206,975
Hire purchase contracts 82,730 131,284
Trade creditors 1,032,703 828,911
Social security and other taxes 49,211 25,443
VAT 149,572 69,350
Other creditors 13,500 1,719
Directors' current accounts 111,738 295,993
Accrued expenses 137,703 177,955
1,765,609 1,737,630

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 5,892 10,648
Bank loans - 2-5 years - 4,476
Hire purchase contracts 42,264 85,065
48,156 100,189

TRAFALGAR CLEANING EQUIPMENT LIMITED (REGISTERED NUMBER: 02608669)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdrafts 178,691 197,214
Hire purchase contracts 124,994 216,349
303,685 413,563

Hire purchase liabilities are secured over the assets to which they relate.
The bank overdraft is secured by personal guarantee of the director.

9. ULTIMATE CONTROLLING PARTY

The controlling party is M. J. Bremner.