Trotter & Co Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03595033

TROTTER & CO LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 December 2025

TROTTER & CO LIMITED

STATEMENT OF FINANCIAL POSITION

31 December 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Tangible assets	5		226,517		225,826

CURRENT ASSETS

Stocks		500	1,000
Debtors	6	1,601,592	1,618,413
Cash at bank		123,525	58,181
		------------	------------
		1,725,617	1,677,594

CREDITORS: amounts falling due within one year	7	75,831		58,518
		------------		------------
NET CURRENT ASSETS			1,649,786		1,619,076
			------------		------------
TOTAL ASSETS LESS CURRENT LIABILITIES			1,876,303		1,844,902
			------------		------------
NET ASSETS			1,876,303		1,844,902
			------------		------------

CAPITAL AND RESERVES

Called up share capital fully paid	69,100	69,100
Profit and loss account	1,807,203	1,775,802
	------------	------------
SHAREHOLDERS FUNDS	1,876,303	1,844,902
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

TROTTER & CO LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 22 April 2026 , and are signed on behalf of the board by:

Mr T H S Trotter Director

Company registration number: 03595033

TROTTER & CO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Field Burcote House, Duncote, Towcester, Northamptonshire, NN12 8AH.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Land and buildings	-	4% straight line
Motor vehicles	-	25% reducing balance
Equipment	-	33 1/3% straight line and 25% and 15% reducing balance

Land is not depreciated.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. TANGIBLE ASSETS

	Land and buildings	Motor vehicles	Equipment	Total
	£	£	£	£
Cost
At 1 January 2025	284,244	74,103	65,630	423,977
Additions	–	–	21,765	21,765
Disposals	–	–	( 5,677)	( 5,677)
	---------	--------	--------	---------
At 31 December 2025	284,244	74,103	81,718	440,065
	---------	--------	--------	---------
Depreciation
At 1 January 2025	102,923	32,420	62,808	198,151
Charge for the year	8,546	10,421	1,980	20,947
Disposals	–	( 1,172)	( 4,378)	( 5,550)
	---------	--------	--------	---------
At 31 December 2025	111,469	41,669	60,410	213,548
	---------	--------	--------	---------
Carrying amount
At 31 December 2025	172,775	32,434	21,308	226,517
	---------	--------	--------	---------
At 31 December 2024	181,321	41,683	2,822	225,826
	---------	--------	--------	---------

6. DEBTORS

	2025	2024
	£	£
Trade debtors	6,800	6,800
Other debtors	1,594,792	1,611,613
	------------	------------
	1,601,592	1,618,413
	------------	------------

7. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	44,159	21,243
Social security and other taxes	10,826	15,484
Other creditors	20,846	21,791
	--------	--------
	75,831	58,518
	--------	--------

8. RELATED PARTY TRANSACTIONS

During the year the company undertook the following transactions with related parties: The director has advanced monies to the company. At 31 December 2025 the amount due from the company was £16,383 (2024 - £14,854). The loan is unsecured and interest free. Included in other debtors is an unsecured loan with an associated company of £1,573,513 (2024 - £1,603,513). The loan is interest free.