TRIDENT HYDRAULICS LIMITED

Company Registration Number:
04991052 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

TRIDENT HYDRAULICS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

TRIDENT HYDRAULICS LIMITED

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 610,912 728,734
Total fixed assets: 610,912 728,734
Current assets
Stocks: 365,412 297,561
Debtors:   294,016 239,267
Cash at bank and in hand: 157 1,313
Total current assets: 659,585 538,141
Creditors: amounts falling due within one year:   (586,154) (369,740)
Net current assets (liabilities): 73,431 168,401
Total assets less current liabilities: 684,343 897,135
Creditors: amounts falling due after more than one year: 4 (174,632) (262,952)
Provision for liabilities: 0 (27,972)
Total net assets (liabilities): 509,711 606,211
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 509,709 606,209
Shareholders funds: 509,711 606,211

The notes form part of these financial statements

TRIDENT HYDRAULICS LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 May 2025
and signed on behalf of the board by:

Name: MAJ Forster
Status: Director

The notes form part of these financial statements

TRIDENT HYDRAULICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at fair value of the consideration received or receivable.Turnover is reduced for estimated customer returns,rebates or similar allowances.Revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less depreciation and accumulated impairment losses.Depreciation is provided at rates calculated to write off the cost of fixed assets,less their estimated residual value,over their expected useful lives on the following basis: Office Equipment and Fixtures 10% Reducing balance Plant and Machinery 15% Reducing balance Leasehold Improvements 0% Straight Line

Valuation and information policy

Stocks and work in progress are valued at the lower of cost or net realisable value after making due allowance for obsolete or slow moving stocks.Costs include all direct costs and an appropriate proportion of fixed and variable overheads.

Other accounting policies

Foreign Currencies- Monetary assets and liabilities in foreign currencies,other than the functional currency,are translated into sterling at the rates of exchange ruling at the Balance Sheet date.Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction.Exchange rate differences are taken into account in arriving at the operating profit. Leased Assets-Operating lease payments are recognised as an expense on a straight line basis over the lease term. Pension Costs and other retirement Benefits- The Company operates a defined contribution pension scheme.Contributions payable to the Company pension scheme are expensed in the Profit and Loss Account in the year to which they relate.

TRIDENT HYDRAULICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 8 8

TRIDENT HYDRAULICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 1,054,072
Additions 42,644
Disposals (186,500)
At 31 December 2024 910,216
Depreciation
At 01 January 2024 325,338
Charge for year 45,932
On disposals (71,966)
At 31 December 2024 299,304
Net book value
At 31 December 2024 610,912
At 31 December 2023 728,734

TRIDENT HYDRAULICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due after more than one year note

Bank overdraft facilities and loans withincreditors due within one year and more than one year are secured.

TRIDENT HYDRAULICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Related party transactions

Name of the related party: MAJ Forster and CM Forster
Relationship:
Director and Shareholder
Description of the Transaction: Mr M A J Forster and Mrs C M Forster rent premises to the Company and the amount paid of £88000 is charged to the Profit and Loss Account.
£
Balance at 01 January 2024 0
Balance at 31 December 2024 0
Name of the related party: MAJ Forster and CM Forster
Relationship:
Director and Shareholder
Description of the Transaction: Mr M A J Forster and Mrs C M Forster rent premises to the Company and the amount paid of £88000 is charged to the Profit and Loss Account.
£
Balance at 01 January 2024 0
Balance at 31 December 2024 0