REGISTERED NUMBER: SC675847 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Trenchone Industries Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R M Blair

R Blair

SECRETARY:

Miss L F E S Blair

REGISTERED OFFICE:

44 Braekirk Gardens

Kirknewton

EH27 8BW

REGISTERED NUMBER:

SC675847 (Scotland)

ACCOUNTANTS:

The Green Accountants

www.thegreenaccountants.com

FIXED ASSETS

Tangible assets

4

21,272

32,903

Investments

5

400

-

21,672

32,903

CURRENT ASSETS

Stocks

1,500

-

Debtors

6

5,151

9,533

Cash at bank

-

11,741

6,651

21,274

CREDITORS

Amounts falling due within one year

7

15,931

48,356

NET CURRENT LIABILITIES

(9,280

)

(27,082

)

TOTAL ASSETS LESS CURRENT LIABILITIES

12,392

5,821

CREDITORS

Amounts falling due after more than one year

8

328

4,270

NET ASSETS

12,064

1,551

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

11,964

1,451

12,064

1,551

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

R M Blair - Director

1.	STATUTORY INFORMATION

Trenchone Industries Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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.

Plant and machinery etc

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

63,015

Additions

2,878

Disposals

(3,083

)

At 31 December 2024

62,810

DEPRECIATION

At 1 January 2024

30,112

Charge for year

13,609

Eliminated on disposal

(2,183

)

At 31 December 2024

41,538

NET BOOK VALUE

At 31 December 2024

21,272

At 31 December 2023

32,903

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

31.12.24

31.12.23

£

£

Investment

400

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

2,467

9,000

Other debtors

2,684

533

5,151

9,533

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

2,335

-

Hire purchase contracts

3,941

3,941

Taxation and social security

7,939

10,143

Other creditors

1,716

34,272

15,931

48,356

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

328

4,270