0 26 June 2025 false false false false false false false false false false true false false false false false false No description of principal activity 2023-09-30 Sage Accounts Production Advanced 2024 - FRS102_2024 1,845 916 609 1,525 320 929 xbrli:pure xbrli:shares iso4217:GBP 07638045 2023-09-30 2024-09-27 07638045 2024-09-27 07638045 2023-09-29 07638045 2022-10-01 2023-09-29 07638045 2023-09-29 07638045 2022-09-30 07638045 bus:Director7 2023-09-30 2024-09-27 07638045 bus:Director9 2023-09-30 2024-09-27 07638045 core:WithinOneYear 2024-09-27 07638045 core:WithinOneYear 2023-09-29 07638045 core:ShareCapital 2024-09-27 07638045 core:ShareCapital 2023-09-29 07638045 core:RetainedEarningsAccumulatedLosses 2024-09-27 07638045 core:RetainedEarningsAccumulatedLosses 2023-09-29 07638045 bus:Director1 2023-09-30 2024-09-27 07638045 bus:Director2 2023-09-30 2024-09-27 07638045 bus:SmallEntities 2023-09-30 2024-09-27 07638045 bus:Audited 2023-09-30 2024-09-27 07638045 bus:SmallCompaniesRegimeForAccounts 2023-09-30 2024-09-27 07638045 bus:PrivateLimitedCompanyLtd 2023-09-30 2024-09-27 07638045 bus:FullAccounts 2023-09-30 2024-09-27 07638045 core:ComputerEquipment 2023-09-30 2024-09-27 07638045 core:ComputerEquipment 2024-09-27 07638045 core:ComputerEquipment 2023-09-29
COMPANY REGISTRATION NUMBER: 07638045
Trinity Purchasing UK Limited
Filleted Financial Statements
27 September 2024
Trinity Purchasing UK Limited
Statement of Financial Position
27 September 2024
27 Sep 24
29 Sep 23
Note
£
£
£
£
Fixed assets
Tangible assets
5
320
929
Current assets
Debtors
6
60,844
58,275
Cash at bank and in hand
199,792
224,994
---------
---------
260,636
283,269
Creditors: amounts falling due within one year
7
494,154
592,459
---------
---------
Net current liabilities
233,518
309,190
---------
---------
Total assets less current liabilities
( 233,198)
( 308,261)
---------
---------
Net liabilities
( 233,198)
( 308,261)
---------
---------
Capital and reserves
Called up share capital
1
1
Profit and loss account
( 233,199)
( 308,262)
---------
---------
Shareholders deficit
( 233,198)
( 308,261)
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements were approved by the board of directors and authorised for issue on 26 June 2025 , and are signed on behalf of the board by:
Mr M Carroll
Mr I Holliday
Director
Director
Company registration number: 07638045
Trinity Purchasing UK Limited
Notes to the Financial Statements
Period from 30 September 2023 to 27 September 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 Gladiator Way, Ascent 4, Farnborough, GU14 6XN, England.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements are prepared on a going concern basis, under the historical cost convention, and comply with the financial reporting standards of the Financial Reporting Council and the Companies Act 2006. The financial statements are prepared in sterling, which is the functional currency of the entity.
Debtors
Trade and other debtors including amounts owed by group companies are recognised initially at transaction price. Subsequently those are measured at amortised cost less any provision for impairment. A provision for impairment is established where there is objective evidence that the company will not be able to collect all amounts due according to the original terms of receivables.
Cash and cash equivalents
Cash and equivalents include cash on hand and demand deposits. Bank overdrafts are shown within borrowings in current liabilities on the statement of financial position.
Creditors and accruals
Creditors and accruals are classified as current liabilities if payment is due within one year or less. If not they are presented as non current liabilities. Trade payables are recognised initially at the transition price and subsequently at amortised cost.
Share capital
Ordinary shares are classified as equity
Judgements and key sources of estimation uncertainty
The preparation of these financial statements requires management to make judgements, estimates and assumptions that affect the application of policies and reported amounts of assets and liabilities, income and expenses. Judgements and estimates are continually evaluated and are based on historical experiences and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant effect on amounts recognised in the financial statements are discussed below. Allowances for impairment of trade debtors The company estimates the allowance for doubtful receivables based on assessment of specific accounts where the company has objective evidence comprising default in payment terms or significant financial difficulty that certain customers are unable to meet their financial obligations. In these cases, judgement used was based on the best available facts and circumstances including but not limited to, the length of relationship.
Revenue recognition
Turnover is recognised to the extent that the company obtains the right to consideration in exchange for its performance. The turnover shown in the profit and loss account represents the amounts invoiced during the year, exclusive of Value Added Tax, as well as uninvoiced amounts.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the group exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the group exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account. The group exchange rate is updated on a periodic basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
33% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
4. Employee numbers
The average number of persons employed by the company during the year amounted to nil (2023: nil).
5. Tangible assets
Equipment
Total
£
£
Cost
At 30 September 2023 and 27 September 2024
1,845
1,845
-------
-------
Depreciation
At 30 September 2023
916
916
Charge for the period
609
609
-------
-------
At 27 September 2024
1,525
1,525
-------
-------
Carrying amount
At 27 September 2024
320
320
-------
-------
At 29 September 2023
929
929
-------
-------
6. Debtors
27 Sep 24
29 Sep 23
£
£
Trade debtors
17,696
37,862
Amounts owed by group undertakings and undertakings in which the company has a participating interest
17,008
Other debtors
26,140
20,413
--------
--------
60,844
58,275
--------
--------
Amounts owed by group companies are unsecured, interest free and repayable on demand.
7. Creditors: amounts falling due within one year
27 Sep 24
29 Sep 23
£
£
Amounts owed to group undertakings
464,721
574,236
Social security and other taxes
18,437
7,205
Other creditors
10,996
11,018
---------
---------
494,154
592,459
---------
---------
Included in amounts owed to group undertakings is a loan of £400,000 which is subject to interest at the rate of 3.781% per annum, and is unsecured and repayable within one year. All other amounts owed to group undertakings are unsecured, interest free and repayable on demand.
8. Summary audit opinion
The auditor's report dated 26 June 2025 was unqualified .
The senior statutory auditor was Ms Kate Crossan , for and on behalf of Lenfestey & Co .
9. Related party transactions
The company has taken advantage of the exemption under FRS 102 in relation to disclosure of related party transactions with subsidiary companies within the group.
10. Ethical standards
In common with many other businesses of our size and nature we use our auditors to assist with the preparation of the statutory financial statements.
11. Controlling party
The company is a wholly owned subsidiary of Aramark Investments Ltd , a company incorporated in the United Kingdom with a registered office address at Office 202, Floor 2 The Lighthouse, 1 Kings Cross Bridge, London, United Kingdom, N1 9NW. The parent of the smallest and largest group in which the results are consolidated is Aramark Inc ., incorporated in the state of Delaware, USA. The consolidated financial statements of Aramark Inc. are available to the public from Aramark, 2400 Market Street, Philadelphia, PA 19103, USA .