Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-30false2023-12-01No description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08115775 2023-12-01 2024-11-30 08115775 2022-12-01 2023-11-30 08115775 2024-11-30 08115775 2023-11-30 08115775 c:Director1 2023-12-01 2024-11-30 08115775 d:PlantMachinery 2023-12-01 2024-11-30 08115775 d:PlantMachinery 2024-11-30 08115775 d:PlantMachinery 2023-11-30 08115775 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 08115775 d:MotorVehicles 2023-12-01 2024-11-30 08115775 d:MotorVehicles 2024-11-30 08115775 d:MotorVehicles 2023-11-30 08115775 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 08115775 d:OfficeEquipment 2023-12-01 2024-11-30 08115775 d:OfficeEquipment 2024-11-30 08115775 d:OfficeEquipment 2023-11-30 08115775 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 08115775 d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 08115775 d:PatentsTrademarksLicencesConcessionsSimilar 2024-11-30 08115775 d:PatentsTrademarksLicencesConcessionsSimilar 2023-11-30 08115775 d:Goodwill 2024-11-30 08115775 d:Goodwill 2023-11-30 08115775 d:CurrentFinancialInstruments 2024-11-30 08115775 d:CurrentFinancialInstruments 2023-11-30 08115775 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 08115775 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 08115775 d:ShareCapital 2024-11-30 08115775 d:ShareCapital 2023-11-30 08115775 d:RetainedEarningsAccumulatedLosses 2024-11-30 08115775 d:RetainedEarningsAccumulatedLosses 2023-11-30 08115775 c:FRS102 2023-12-01 2024-11-30 08115775 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 08115775 c:FullAccounts 2023-12-01 2024-11-30 08115775 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 08115775 d:PatentsTrademarksLicencesConcessionsSimilar d:ExternallyAcquiredIntangibleAssets 2023-12-01 2024-11-30 08115775 d:Goodwill d:ExternallyAcquiredIntangibleAssets 2023-12-01 2024-11-30 08115775 2 2023-12-01 2024-11-30 08115775 d:ExternallyAcquiredIntangibleAssets 2023-12-01 2024-11-30 08115775 d:Goodwill d:OwnedIntangibleAssets 2023-12-01 2024-11-30 08115775 d:PatentsTrademarksLicencesConcessionsSimilar d:OwnedIntangibleAssets 2023-12-01 2024-11-30 08115775 e:PoundSterling 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure

Registered number: 08115775









TRILITE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2024

 
TRILITE LIMITED
REGISTERED NUMBER: 08115775

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
39,106
28,711

Tangible assets
 5 
20,515
6,394

  
59,621
35,105

Current assets
  

Stocks
  
92,983
175,932

Debtors: amounts falling due within one year
 6 
508,228
380,812

Cash at bank and in hand
  
57,740
73,410

  
658,951
630,154

Creditors: amounts falling due within one year
 7 
(211,260)
(311,110)

Net current assets
  
 
 
447,691
 
 
319,044

Total assets less current liabilities
  
507,312
354,149

  

Net assets
  
507,312
354,149


Capital and reserves
  

Called up share capital 
  
277
277

Profit and loss account
  
507,035
353,872

  
507,312
354,149


Page 1

 
TRILITE LIMITED
REGISTERED NUMBER: 08115775
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2024

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 August 2025.




R A Stitcher
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
TRILITE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

Trilite Limited is a private company limited by shares and registered in England & Wales.   The address of its registered office is 38 Cromwell Road, Luton, England, LU3 1DN.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover in the prior year comprises revenue recognised by the company in respect of management fees receivable during the year. Turnover in the current year comprises revenue recognised by the company in respect of sales of niche aluminium trusing and structural products during the year.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.


 
2.6

Intangible assets

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value
of the identifiable assets and liabilities. It is amortised to the profit and loss account over its
estimated economic life. 

 
2.7

Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates
calculated to write off the cost of fixed assets, less their estimated residual value, over their
expected useful lives.

Page 3

 
TRILITE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)


2.7
Tangible fixed assets (continued)

Depreciation is provided on the following basis:

Plant and machinery
-
25% reducing balance
Motor vehicles
-
33% reducing balance
Office equipment
-
20% reducing balance

 
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

  
2.9

Functional and presentation currency

Items included in the financial statements of the Company are measured using the currency of the
primary economic environment in which the Company operates (the "functional currency").
The  functional  currency  of  the  Company  and  the  currency  in  which  the  financial  statements  are presented (the "presentational currency") is 'Pounds Sterling' (£) rounded to the nearest single unit of currency.

 
2.10

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.12

Creditors

Short term creditors are measured at the transaction price.

 
2.13

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
TRILITE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

4.


Intangible assets




Intellectual property
Goodwill
Total

£
£
£



Cost


At 1 December 2023
10,000
90,000
100,000


Additions
12,003
10,000
22,003



At 30 November 2024

22,003
100,000
122,003



Amortisation


At 1 December 2023
10,000
61,289
71,289


Charge for the year on owned assets
-
11,608
11,608



At 30 November 2024

10,000
72,897
82,897



Net book value



At 30 November 2024
12,003
27,103
39,106



At 30 November 2023
-
28,711
28,711



Page 5

 
TRILITE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

5.


Tangible fixed assets





Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 December 2023
5,270
2,137
866
8,273


Additions
16,000
-
-
16,000



At 30 November 2024

21,270
2,137
866
24,273



Depreciation


At 1 December 2023
1,055
534
290
1,879


Charge for the year on owned assets
1,055
534
290
1,879



At 30 November 2024

2,110
1,068
580
3,758



Net book value



At 30 November 2024
19,160
1,069
286
20,515



At 30 November 2023
4,215
1,603
576
6,394


6.


Debtors

2024
2022
£
£


Amounts owed by group undertakings
508,201
380,785

Other debtors
27
27

508,228
380,812


Page 6

 
TRILITE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
178,320
178,320

Corporation tax
1,042
89,084

Other creditors
28,581
34,606

Accruals and deferred income
3,317
9,100

211,260
311,110



8.


Related party transactions

During the year the director and his close family provided the company with finance on which interest of £1,667 (2023: £2,500) has been charged. At the reporting date £25,017 (2023: £38,542) was outstanding.
The company is exempt from disclosing other related party transactions as they are with companies that are wholly owed within the group.

 
Page 7