Company Registration No. NI662388 (Northern Ireland)
Trawangan Limited
Unaudited accounts
for the year ended 30 June 2025
Trawangan Limited
Statement of financial position
as at 30 June 2025
Tangible assets
52,421
51,977
Cash at bank and in hand
19,032
3,739
Creditors: amounts falling due within one year
(64,198)
(85,286)
Net current assets
61,688
85,590
Net assets
114,109
137,567
Called up share capital
100
100
Profit and loss account
114,009
137,467
Shareholders' funds
114,109
137,567
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 December 2025 and were signed on its behalf by
Andrew Stephens
Director
Company Registration No. NI662388
Trawangan Limited
Notes to the Accounts
for the year ended 30 June 2025
Trawangan Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI662388. The registered office is Unit 2 Channel Wharf , 21 Old Channel Road, Belfast, Co. Antrim, BT3 9DE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The accounts are presented in £ sterling.
The director believes that the company Trawangan Limited has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least a period of 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in preparation of its financial statements.
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and revenue can be measured reliably. Revenue from a contract to provide management services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when: the amount of revenue can be measured reliably; it is probable that the Company will receive the consideration due under the contract; the stage of completion of the contract can be measured reliably; and the costs incurred and the costs to complete the contract can be measured reliably.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% straight line
Fixtures & fittings
20% straight line
Computer equipment
25% straight line
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
Trawangan Limited
Notes to the Accounts
for the year ended 30 June 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2024
46,617
1,334
6,529
54,480
Additions
289
-
2,487
2,776
At 30 June 2025
46,906
1,334
9,016
57,256
At 1 July 2024
180
974
1,349
2,503
Charge for the year
479
257
1,596
2,332
At 30 June 2025
659
1,231
2,945
4,835
At 30 June 2025
46,247
103
6,071
52,421
At 30 June 2024
46,437
360
5,180
51,977
Amounts falling due within one year
Other debtors
106,854
167,137
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
25,447
27,590
Loans from directors
29,314
55,134
Allotted, called up and fully paid:
51 A Ordinary shares of £1 each
51
51
49 B Ordinary shares of £1 each
49
49
8
Average number of employees
During the year the average number of employees was 3 (2024: 2).