REGISTERED NUMBER: 04138336 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

TRIDENT UTILITIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M P Butterworth

D Robertson

M A Dugdale

REGISTERED OFFICE:

Units 1 & 3 Amy Johnsons House

Amy Johnson Way

Blackpool

Lancashire

FY4 2FG

REGISTERED NUMBER:

04138336 (England and Wales)

ACCOUNTANTS:

Xeinadin

17 St Peters Place

Fleetwood

Lancashire

FY7 6EB

FIXED ASSETS

Intangible assets

4

21,420

32,130

Tangible assets

5

83,587

94,587

105,007

126,717

CURRENT ASSETS

Debtors

6

1,276,001

1,165,973

Cash at bank and in hand

544,110

984,123

1,820,111

2,150,096

CREDITORS

Amounts falling due within one year

7

(1,043,618

)

(603,828

)

NET CURRENT ASSETS

776,493

1,546,268

TOTAL ASSETS LESS CURRENT LIABILITIES

881,500

1,672,985

PROVISIONS FOR LIABILITIES

-

(27,201

)

NET ASSETS

881,500

1,645,784

CAPITAL AND RESERVES

Called up share capital

102

102

Share premium

129

129

Capital redemption reserve

102

102

Retained earnings

881,167

1,645,451

881,500

1,645,784

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 2 December 2025 and were signed on its behalf by:

M P Butterworth - Director

1.	STATUTORY INFORMATION

Trident Utilities Limited is a private company, limited by shares , registered in England and Wales. 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.

Going Concern

The directors are satisfied at the time of approving the financial statements that the company has adequate resources to continue to operate for the foreseeable future and as such, continues to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Software & website is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost and 20% on reducing balance

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 61 (2024 - 57 ) .

4.	INTANGIBLE FIXED ASSETS

Software

Goodwill

& website

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

150,000

53,550

203,550

AMORTISATION

At 1 April 2024

150,000

21,420

171,420

Amortisation for year

-

10,710

10,710

At 31 March 2025

150,000

32,130

182,130

NET BOOK VALUE

At 31 March 2025

-

21,420

21,420

At 31 March 2024

-

32,130

32,130

5.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

107,592

114,853

222,445

Additions

14,000

3,743

17,743

At 31 March 2025

121,592

118,596

240,188

DEPRECIATION

At 1 April 2024

47,312

80,546

127,858

Charge for year

18,569

10,174

28,743

At 31 March 2025

65,881

90,720

156,601

NET BOOK VALUE

At 31 March 2025

55,711

27,876

83,587

At 31 March 2024

60,280

34,307

94,587

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,097,677

1,028,009

Other debtors

38,769

44,896

Deferred tax asset

27,421

-

Prepayments

112,134

93,068

1,276,001

1,165,973

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

220,065

208,590

Tax

220,130

147,998

Social security and other taxes

72,104

-

VAT

263,429

201,097

Other creditors

33,180

9,564

Accruals and deferred income

234,710

36,579

1,043,618

603,828

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

103,415

106,237

Between one and five years

75,558

151,257

178,973

257,494

9.	ULTIMATE CONTROLLING PARTY

The entity's parent company is TU(Holdings) Ltd of Amy Johnson House, Amy Johnson Way, Blackpool. The Ultimate controlling party is considered to be Mr & Mrs MP Butterworth.