Registered number
04099061
Trimtree Ltd
Unaudited Filleted Accounts
31 October 2024
Trimtree Ltd
Registered number: 04099061
Balance Sheet
as at 31 October 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 215,800 265,985
Current assets
Debtors 4 - 49
Cash at bank and in hand 22,200 9,804
22,200 9,853
Creditors: amounts falling due within one year 5 (26,243) (33,744)
Net current liabilities (4,043) (23,891)
Total assets less current liabilities 211,757 242,094
Creditors: amounts falling due after more than one year 6 - (63,324)
Net assets 211,757 178,770
Capital and reserves
Called up share capital 102 102
Revaluation reserve 7 96,015 96,015
Profit and loss account 115,640 82,653
Shareholders' funds 211,757 178,770
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
J Hampson
Director
Approved by the board on 25 June 2025
Trimtree Ltd
Notes to the Accounts
for the year ended 31 October 2024
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Leasehold land and buildings over the lease term
Fixtures and fittings 20% reducing balance
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Long Leasehold Properties at cost Improvements to Properties Total
£ £ £
Cost
At 1 November 2023 245,485 20,500 265,985
Additions - 15,300 15,300
Disposals (65,485) - (65,485)
At 31 October 2024 180,000 35,800 215,800
Depreciation
At 31 October 2024 - - -
Net book value
At 31 October 2024 180,000 35,800 215,800
At 31 October 2023 245,485 20,500 265,985
4 Debtors 2024 2023
£ £
Other debtors - 49
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts - 7,442
Taxation and social security costs 8,087 811
Other creditors 18,156 25,491
26,243 33,744
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans - 44,972
Other creditors - 18,352
- 63,324
7 Revaluation reserve 2024 2023
£ £
At 1 November 2023 96,015 96,015
At 31 October 2024 96,015 96,015
8 Other information
Trimtree Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Mitford Lodge
31 South Road
Grassendale Park
Liverpool
L19 0LS
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