Trent House (Ipswich) Limited 03591960 false 2024-08-01 2025-07-31 2025-07-31 The principal activity of the company is renting of owned real estate and property investment. Digita Accounts Production Advanced 6.30.9574.0 true false true 03591960 2024-08-01 2025-07-31 03591960 2025-07-31 03591960 bus:OrdinaryShareClass1 bus:CumulativeShares 2025-07-31 03591960 core:FinancialAssetsDesignatedFairValueThroughProfitOrLoss core:CurrentFinancialInstruments 2025-07-31 03591960 core:CurrentFinancialInstruments 2025-07-31 03591960 core:CurrentFinancialInstruments core:WithinOneYear 2025-07-31 03591960 bus:SmallEntities 2024-08-01 2025-07-31 03591960 bus:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 03591960 bus:FilletedAccounts 2024-08-01 2025-07-31 03591960 bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 03591960 bus:RegisteredOffice 2024-08-01 2025-07-31 03591960 bus:CompanySecretaryDirector1 2024-08-01 2025-07-31 03591960 bus:Director2 2024-08-01 2025-07-31 03591960 bus:Director3 2024-08-01 2025-07-31 03591960 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-08-01 2025-07-31 03591960 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 03591960 bus:Agent1 2024-08-01 2025-07-31 03591960 core:Subsidiary1 2024-08-01 2025-07-31 03591960 core:Subsidiary1 1 2024-08-01 2025-07-31 03591960 core:Subsidiary1 countries:EnglandWales 2024-08-01 2025-07-31 03591960 countries:AllCountries 2024-08-01 2025-07-31 03591960 2024-07-31 03591960 core:CostValuation 2024-07-31 03591960 2023-08-01 2024-07-31 03591960 2024-07-31 03591960 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-07-31 03591960 core:CurrentFinancialInstruments 2024-07-31 03591960 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 03591960 core:Subsidiary1 1 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure xbrli:shares

Registrar

Registration number: 03591960

Trent House (Ipswich) Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 July 2025

Trent House (Ipswich) Limited

Contents

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

Trent House (Ipswich) Limited

Company Information

Directors | P H H Wheaton E S Ohuma L S K Wheaton

Company secretary | P H H Wheaton

Registered office | The Old Parlour Old House Lane Boxted Colchester Essex CO4 5RF

Bankers | National Westminster Bank Plc 95 Newland Street Witham Essex CM8 1YZ

Accountants | Lambert Chapman LLP 3 Warners Mill Silks Way Braintree Essex CM7 3GB

Trent House (Ipswich) Limited

(Registration number: 03591960)
Balance Sheet as at 31 July 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investment property | 4 | 975,000 | 975,000
Investments | 5 | 1 | 1
|  | 975,001 | 975,001
Current assets |  |  |
Debtors | 7 | 14,809 | 13,953
Other financial assets | 6 | 570,704 | 515,954
Cash at bank and in hand |  | 159,196 | 139,290
|  | 744,709 | 669,197
Creditors: Amounts falling due within one year | 8 | (21,221) | (24,091)
Net current assets |  | 723,488 | 645,106
Total assets less current liabilities |  | 1,698,489 | 1,620,107
Provisions for liabilities |  | (122,538) | (110,081)
Net assets |  | 1,575,951 | 1,510,026
Capital and reserves |  |  |
Called up share capital | 9 | 100 | 100
Retained earnings |  | 1,575,851 | 1,509,926
Shareholders' funds |  | 1,575,951 | 1,510,026

For the financial year ended 31 July 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 6 February 2026 and signed on its behalf by:

P H H Wheaton
Company secretary and director

Trent House (Ipswich) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 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: The Old Parlour, Old House Lane, Boxted, Colchester, Essex, CO4 5RF.

These financial statements were authorised for issue by the Board on 6 February 2026.

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 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.
These financial statements are presented in Sterling (£), which is the company's functional currency.

Group accounts not prepared

Under the Companies Act 2006 S.399(2A) Trent House (Ipswich) Limited as the parent entity are exempt from preparing consolidated financial statements as they qualify as a small group..

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the renting of property 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

Current Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income 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 on temporary material differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation.

Trent House (Ipswich) Limited

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

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from customers for property rents in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Share capital

Ordinary shares are classified as equity.

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.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 1).

Trent House (Ipswich) Limited

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

4 | Investment properties

| 2025 £
At 1 August | 975,000
At 31 July | 975,000

There has been no valuation of investment property by an independent valuer.

5 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 1 | 1

Subsidiaries | £
Cost or valuation
At 1 August 2024 | 1
Carrying amount
At 31 July 2025 | 1
At 31 July 2024 | 1

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking | Registered office | Holding | Proportion of voting rights and shares held
|  |  | 2025 | 2024
Subsidiary undertakings
Trent House (Residential) Limited | The Old Parlour Old House Lane, Boxted, Colchester, CO4 5RF England and Wales | Ordinary Shares | 100% | 100%

Trent House (Ipswich) Limited

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

6 | Other financial assets (current and non-current)

| Financial assets at fair value through profit and loss £ | Total £
Current financial assets
Cost or valuation
At 1 August 2024 | 515,954 | 515,954
Fair value adjustments | 49,828 | 49,828
Additions | 85,047 | 85,047
Disposals | (80,125) | (80,125)
At 31 July 2025 | 570,704 | 570,704
Impairment
Carrying amount
At 31 July 2025 | 570,704 | 570,704

7 | Debtors

| 2025 £ | 2024 £
Amounts owed by group undertakings | 3,808 | 7,167
Other debtors | 6,870 | 6,786
Prepayments | 4,131 | -
| 14,809 | 13,953

8 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 2,615 | -
Taxation and social security | 5,551 | 9,029
Other creditors | 7,705 | 7,129
Accruals and deferred income | 5,350 | 7,933
| 21,221 | 24,091

Trent House (Ipswich) Limited

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

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 100 | 100 | 100 | 100