Company No: 06578759 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	2,756,752		2,850,871
		2,756,752		2,850,871
Current assets
Stocks		18,999		18,531
Debtors	5	386,682		486,543
Cash at bank and in hand		555,084		299,136
		960,765		804,210
Creditors: amounts falling due within one year	6	( 1,199,689)		( 1,012,531)
Net current liabilities		(238,924)		(208,321)
Total assets less current liabilities		2,517,828		2,642,550
Creditors: amounts falling due after more than one year	7	( 1,193,690)		( 1,392,058)
Provision for liabilities		( 125,286)		( 130,350)
Net assets		1,198,852		1,120,142
Capital and reserves
Called-up share capital	8	226		226
Share premium account		2,994		2,994
Profit and loss account		1,195,632		1,116,922
Total shareholders' funds		1,198,852		1,120,142

For the financial year ending 30 September 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements of Trevenna Limited (registered number: 06578759) were approved and authorised for issue by the Director on 13 January 2026. They were signed on its behalf by:

Mr J Rowe 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 year, unless otherwise stated.

General information and basis of accounting

Trevenna Limited (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 C/O Francis Clark Llp Melville Building East, Royal William Yard, Plymouth, PL1 3GW, 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 £.

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of services to customers. Revenue on the hire of the site and accommodation is recognised in the period to which occupancy take place. All revenue from the sale of goods is recognised at the point of sale.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

6 years straight line

Goodwill

Goodwill arises on business combination and represents any excess of consideration given over the fair value of the identifiable assets and liabilities acquired. Goodwill is initially recognised as an intangible asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis over its useful economic life, which is 6 years.

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 or reducing balance basis over its expected useful life, as follows:

Land and buildings	50 years straight line
Leasehold improvements	10 years straight line
Plant and machinery	15 % reducing balance
Vehicles	25 % reducing balance
Fixtures and fittings	15 % reducing balance

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.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Stocks

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

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.

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.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	25		28

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 October 2024	290,000		290,000
At 30 September 2025	290,000		290,000
Accumulated amortisation
At 01 October 2024	290,000		290,000
At 30 September 2025	290,000		290,000
Net book value
At 30 September 2025	0		0
At 30 September 2024	0		0

4. Tangible assets

	Land and buildings		Leasehold improve- ments		Plant and machinery		Vehicles		Fixtures and fittings		Total
	£		£		£		£		£		£
Cost
At 01 October 2024	1,884,780		1,413,449		489,779		53,712		428,379		4,270,099
Additions	0		115,058		31,738		0		6,627		153,423
Disposals	0		0		( 1,083)		0		0		( 1,083)
At 30 September 2025	1,884,780		1,528,507		520,434		53,712		435,006		4,422,439
Accumulated depreciation
At 01 October 2024	366,537		482,660		237,652		23,146		309,233		1,419,228
Charge for the financial year	37,696		140,815		42,453		7,641		18,271		246,876
Disposals	0		0		( 417)		0		0		( 417)
At 30 September 2025	404,233		623,475		279,688		30,787		327,504		1,665,687
Net book value
At 30 September 2025	1,480,547		905,032		240,746		22,925		107,502		2,756,752
At 30 September 2024	1,518,243		930,789		252,127		30,566		119,146		2,850,871

Included within the net book value of land and buildings above is £1,480,547 (2024 - £1,518,243) in respect of freehold land and buildings.

5. Debtors

	2025		2024
	£		£
Trade debtors	12,529		0
Other debtors	374,153		486,543
	386,682		486,543

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	145,890		141,598
Trade creditors	79,057		53,614
Taxation and social security	175,332		123,013
Other creditors	799,410		694,306
	1,199,689		1,012,531

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	1,005,073		1,150,963
Other creditors	188,617		241,095
	1,193,690		1,392,058

Bank borrowings are secured by way of a fixed and floating charge over the assets of the company.

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary A shares of £ 1.00 each	100		100
100 Ordinary B shares of £ 1.00 each	100		100
20 Ordinary C shares of £ 1.00 each	20		20
6 Ordinary D shares of £ 1.00 each	6		6
	226		226

9. Related party transactions

Transactions with the entity's director

	2025		2024
	£		£
Balance brought forward	19,691		49,169
Advances to director	67,888		57,831
Repayments by director	(88,000)		(88,000)
	0		691
	0		0
Balance carried forward	(421)		19,691
	0		0