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REGISTERED NUMBER: OC429188 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2024

for

Trinity Legends LLP

Trinity Legends LLP (Registered number: OC429188)






Contents of the Financial Statements
for the Year Ended 31st March 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Trinity Legends LLP

General Information
for the Year Ended 31st March 2024







DESIGNATED MEMBERS: House of Mystic LLP
House of Valor LLP
House of Instinct LLP





REGISTERED OFFICE: C/O OCG Accountants Ltd
Biz Hub Tees Valley
Belasis Hall Technology Park
Billingham
Co. Durham
TS23 4EA





REGISTERED NUMBER: OC429188 (England and Wales)





ACCOUNTANTS: OCG Accountants Ltd
Biz Hub Tees Valley
Belasis Hall Technology Park
Coxwold Way
Billingham
Co. Durham
TS23 4EA

Trinity Legends LLP (Registered number: OC429188)

Balance Sheet
31st March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,783,755 1,799,473

CURRENT ASSETS
Debtors - 1,941
Cash at bank 3,221 3,716
3,221 5,657
CREDITORS
Amounts falling due within one year 5 (45,244 ) (35,345 )
NET CURRENT LIABILITIES (42,023 ) (29,688 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,741,732 1,769,785

CREDITORS
Amounts falling due after more than one
year

6

(1,045,492

)

(1,049,364

)
NET ASSETS ATTRIBUTABLE TO MEMBERS 696,240 720,421

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

-

720,421

MEMBERS' OTHER INTERESTS
Capital accounts 696,240 -
696,240 720,421

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 - 720,421
Members' other interests 696,240 -
Amounts due from members - (1,941 )
696,240 718,480

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31st March 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

Trinity Legends LLP (Registered number: OC429188)

Balance Sheet - continued
31st March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 26th June 2025 and were signed by:





House of Mystic LLP - Designated member

Trinity Legends LLP (Registered number: OC429188)

Notes to the Financial Statements
for the Year Ended 31st March 2024

1. STATUTORY INFORMATION

Trinity Legends LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - in accordance with the property

3. EMPLOYEE INFORMATION

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

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST OR VALUATION
At 1st April 2023
and 31st March 2024 1,736,602 11,800 59,490 1,807,892
DEPRECIATION
At 1st April 2023 - 983 7,436 8,419
Charge for year - 2,704 13,014 15,718
At 31st March 2024 - 3,687 20,450 24,137
NET BOOK VALUE
At 31st March 2024 1,736,602 8,113 39,040 1,783,755
At 31st March 2023 1,736,602 10,817 52,054 1,799,473

Trinity Legends LLP (Registered number: OC429188)

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

4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 31st March 2024 is represented by:

Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
Valuation in 2022 192,500 - - 192,500
Valuation in 2023 183,000 - - 183,000
Cost 1,361,102 11,800 59,490 1,432,392
1,736,602 11,800 59,490 1,807,892

Members see no benefit in revaluing the assets.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 7,745 7,745
Other creditors 37,499 27,600
45,244 35,345

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 2-5 years 37,501 41,373
Mortgages 1,007,991 1,007,991
1,045,492 1,049,364

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Mortgages 1,001,991 1,007,991

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

Members rank ahead of other creditors in liquidation.