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Registration number: 01482771

Trivent Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2025

Trivent Limited

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 7

Trivent Limited

(Registration number: 01482771)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 75,019 |  | 812,761
Current assets |  |  |  |  |
Stocks |  | 65,434 |  | 72,173 |
Debtors | 5 | 433,164 |  | 393,152 |
Cash at bank and in hand |  | 634,036 |  | 435,190 |
|  | 1,132,634 |  | 900,515 |
Creditors: Amounts falling due within one year | 6 | (491,057) |  | (191,492) |
Net current assets |  |  | 641,577 |  | 709,023
Total assets less current liabilities |  |  | 716,596 |  | 1,521,784
Provisions for liabilities |  |  | (15,000) |  | (85,000)
Net assets |  |  | 701,596 |  | 1,436,784
Capital and reserves |  |  |  |  |
Called up share capital | 7 | 40,800 |  | 30,600 |
Share premium reserve |  | 9,800 |  | - |
Capital redemption reserve |  | 15,300 |  | 15,300 |
Revaluation reserve |  | - |  | 603,995 |
Retained earnings |  | 635,696 |  | 786,889 |
Shareholders' funds |  |  | 701,596 |  | 1,436,784

Trivent Limited

(Registration number: 01482771)
Balance Sheet as at 31 March 2025

For the financial year ending 31 March 2025 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 accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 23 September 2025 and signed on its behalf by:

......................................... N Aked Director

Trivent Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Brown Place
Brown Lane West
Leeds
LS11 0EF

These financial statements were authorised for issue by the Board on 23 September 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

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 disclosure and presentation requirements of Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The company's functional and presentation currency is pound sterling.

Summary of disclosure exemptions

The company has taken advantage of the exemption under Section 1AC.35 from disclosing transactions and balances
with fellow group undertakings that are wholly owned.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.
The company recognises revenue when, the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity, and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax and deferred tax. Tax is recognised in profit and loss account, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation 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 taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Trivent Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Freehold buildings | 3.85% on revalued amount
Plant and machinery | 15% reducing balance
Fixtures and fittings | 20% reducing balance
Motor vehicles | 25% reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are 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.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Trivent Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Financial instruments

Financial assets
Basic financial assets, including trade and other receivables, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest for a similar asset. Such assets are subsequently carried at amortised cost using the effective interest method.
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss and any subsequent reversal is recognised in profit or loss.
Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.
Financial liabilities
Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 21 (2024 - 23).

Trivent Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4 | Tangible assets

| Freehold land and buildings £ | Plant and machinery £ | Fixtures and fittings £ | Motor vehicles £ | Total £
Cost or valuation
At 1 April 2024 | 775,000 | 279,294 | 133,781 | 58,574 | 1,246,649
Additions | - | 20,460 | 11,091 | - | 31,551
Disposals | (775,000) | (15,860) | (55,723) | (58,574) | (905,157)
At 31 March 2025 | - | 283,894 | 89,149 | - | 373,043
Depreciation
At 1 April 2024 | 59,616 | 245,152 | 103,494 | 25,626 | 433,888
Charge for the year | - | 8,077 | 7,313 | - | 15,390
Eliminated on disposal | (59,616) | (15,106) | (50,906) | (25,626) | (151,254)
At 31 March 2025 | - | 238,123 | 59,901 | - | 298,024
Carrying amount
At 31 March 2025 | - | 45,771 | 29,248 | - | 75,019
At 31 March 2024 | 715,384 | 34,142 | 30,287 | 32,948 | 812,761

Revaluation

The fair value of the company's freehold land and buildings was revalued on 14 March 2022 by an independent valuer.
The basis of revaluation is market value. The name and qualification of the independent valuer are Carter Towler Chartered Surveyors, the valuers are MRICS Chartered (Member of the Royal Institute of Chartered Surveyors).
Had this class of asset been measured on a historical cost basis, the carrying amount would have been £Nil (2024 - £111,390).

5 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 422,241 | 360,478
Prepayments | 10,423 | 22,844
Other debtors | 500 | 9,830
| 433,164 | 393,152

Trivent Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6 | Creditors

| 2025 £ | 2024 £
Due within one year |  |
Loans and borrowings | 20,000 | -
Trade creditors | 115,688 | 87,477
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 140,000 | -
Taxation and social security | 160,036 | 40,045
Accruals and deferred income | 43,910 | 55,511
Other creditors | 11,423 | 8,459
| 491,057 | 191,492

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 40,800 | 40,800 | 30,600 | 30,600

On 10 February 2025, the company issued 10,200 ordinary shares at £1.96 each.

8 | Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £51,528 (2024 - £99,548). The financial commitment is in respect of operating leases.

9 | Related party transactions

Transactions with directors

2024 | At 1 April 2023 £ | Repayments by director £ | At 31 March 2024 £
Interest free loan | 60,000 | (60,000) | -

10 | Parent and ultimate parent undertaking

The company's immediate parent is Trivent Holdings Limited, incorporated in England & Wales.
These financial statements are available upon request from Companies House.