Company No: 14120936 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.12.2024		31.12.2023
		£		£
				Restated - note 2
Fixed assets
Tangible assets	4	4,164,661		1,968,629
		4,164,661		1,968,629
Current assets
Stocks	5	2,082,303		984,314
Debtors	6	125,552		33,314
Cash at bank and in hand		7,120		32,500
		2,214,975		1,050,128
Creditors: amounts falling due within one year	7	( 6,394,465)		( 3,025,918)
Net current liabilities		(4,179,490)		(1,975,790)
Total assets less current liabilities		(14,829)		(7,161)
Net liabilities		( 14,829)		( 7,161)
Capital and reserves
Called-up share capital		100		100
Profit and loss account		( 14,929 )		( 7,261 )
Total shareholders' deficit		( 14,829)		( 7,161)

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

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Trinity Dorset Holdings Ltd (registered number: 14120936) were approved and authorised for issue by the Board of Directors on 18 September 2025. They were signed on its behalf by:

M E L Easton Director

E J Lindsay-Wood Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Trinity Dorset Holdings Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 14 Hazlebury Road, London, SW6 2NB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Investment property

not depreciated

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Prior year adjustment

The prior year balance sheet has been restated due to part of the property under development now being recognised as an investment property. It is now the company's intention not to sell part of the development rather than show it as closing work in progress.

		As previously reported		Adjustment		As restated
Year ended 31 December 2023		£		£		£
Closing stock		2,952,943		(1,968,629)		984,314
Investment Property		0		1,968,629		1,968,629

3. Employees

	Year ended 31.12.2024		Period from 01.06.2023 to 31.12.2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

4. Tangible assets

	Investment property		Total
	£		£
Cost
At 01 January 2024	1,968,629		1,968,629
Additions	2,196,032		2,196,032
At 31 December 2024	4,164,661		4,164,661
Accumulated depreciation
At 01 January 2024	0		0
At 31 December 2024	0		0
Net book value
At 31 December 2024	4,164,661		4,164,661
At 31 December 2023	1,968,629		1,968,629

5. Stocks

	31.12.2024		31.12.2023
	£		£
Work in progress	2,082,303		984,314

6. Debtors

	31.12.2024		31.12.2023
	£		£
Amounts owed by related parties	0		29,000
VAT recoverable	125,552		4,314
	125,552		33,314

7. Creditors: amounts falling due within one year

	31.12.2024		31.12.2023
	£		£
Bank loans	4,429,348		1,554,074
Amounts owed to related parties	1,565,408		1,291,208
Accruals	221,644		180,636
Other creditors	178,065		0
	6,394,465		3,025,918