Acorah Software Products - Accounts Production 19.2.350 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 07883805 Mr M Minors Mrs B Minors iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07883805 2024-12-31 07883805 2025-12-31 07883805 2025-01-01 2025-12-31 07883805 frs-core:CurrentFinancialInstruments 2025-12-31 07883805 frs-core:Non-currentFinancialInstruments 2025-12-31 07883805 frs-core:ComputerEquipment 2025-01-01 2025-12-31 07883805 frs-core:FurnitureFittings 2025-01-01 2025-12-31 07883805 frs-core:LandBuildings 2025-12-31 07883805 frs-core:LandBuildings 2025-01-01 2025-12-31 07883805 frs-core:LandBuildings 2024-12-31 07883805 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 07883805 frs-core:MotorVehicles 2025-01-01 2025-12-31 07883805 frs-core:PlantMachinery 2025-12-31 07883805 frs-core:PlantMachinery 2025-01-01 2025-12-31 07883805 frs-core:PlantMachinery 2024-12-31 07883805 frs-core:CapitalRedemptionReserve 2025-12-31 07883805 frs-core:SharePremium 2025-12-31 07883805 frs-core:ShareCapital 2025-12-31 07883805 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 07883805 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 07883805 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 07883805 frs-bus:SmallEntities 2025-01-01 2025-12-31 07883805 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 07883805 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 07883805 frs-bus:Director1 2025-01-01 2025-12-31 07883805 frs-bus:Director2 2025-01-01 2025-12-31 07883805 frs-countries:EnglandWales 2025-01-01 2025-12-31 07883805 2023-12-31 07883805 2024-12-31 07883805 2024-01-01 2024-12-31 07883805 frs-core:CurrentFinancialInstruments 2024-12-31 07883805 frs-core:Non-currentFinancialInstruments 2024-12-31 07883805 frs-core:CapitalRedemptionReserve 2024-12-31 07883805 frs-core:SharePremium 2024-12-31 07883805 frs-core:ShareCapital 2024-12-31 07883805 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 07883805
Trinity Waters Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 07883805
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,055,864 2,079,153
Investment Properties 5 300,921 -
2,356,785 2,079,153
CURRENT ASSETS
Stocks 6 9,440 13,700
Debtors 7 1,555,569 1,385,582
Cash at bank and in hand 90,340 176,742
1,655,349 1,576,024
Creditors: Amounts Falling Due Within One Year 8 (562,512 ) (635,201 )
NET CURRENT ASSETS (LIABILITIES) 1,092,837 940,823
TOTAL ASSETS LESS CURRENT LIABILITIES 3,449,622 3,019,976
Creditors: Amounts Falling Due After More Than One Year 9 (275,000 ) -
PROVISIONS FOR LIABILITIES
Deferred Taxation (18,948 ) -
NET ASSETS 3,155,674 3,019,976
CAPITAL AND RESERVES
Called up share capital 10 217,000 217,000
Share premium account 1,198,800 1,198,800
Capital redemption reserve 300 300
Profit and Loss Account 1,739,574 1,603,876
SHAREHOLDERS' FUNDS 3,155,674 3,019,976
Page 1
Page 2
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.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr M Minors
Director
12/05/2026
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Trinity Waters Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07883805 . The registered office is The Boathouse Eels Foot Road, Ormesby, Great Yarmouth, Norfolk, NR29 3LP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% Straight Line
Plant & Machinery 10% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 15% Straight Line
Computer Equipment 25% Straight Line
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
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2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. 
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
 Average number of employees, including directors, during the year was: 49 (2024: 45)
49 45
4. Tangible Assets
Land & Buildings Plant & Machinery etc. Total
£ £ £
Cost
As at 1 January 2025 2,464,619 774,515 3,239,134
Additions 5,250 45,220 50,470
Disposals - (9,250 ) (9,250 )
As at 31 December 2025 2,469,869 810,485 3,280,354
Depreciation
As at 1 January 2025 525,921 634,060 1,159,981
Provided during the period 49,371 20,487 69,858
Disposals - (5,349 ) (5,349 )
As at 31 December 2025 575,292 649,198 1,224,490
Net Book Value
As at 31 December 2025 1,894,577 161,287 2,055,864
As at 1 January 2025 1,938,698 140,455 2,079,153
5. Investment Property
2025
£
Fair Value
As at 1 January 2025 -
Additions 300,921
As at 31 December 2025 300,921
6. Stocks
2025 2024
£ £
Finished goods 9,440 13,700
Page 5
Page 6
7. Debtors
2025 2024
£ £
Due within one year
Amounts owed by participating interests 745,282 739,881
Other debtors 810,287 645,701
1,555,569 1,385,582
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 124,199 142,063
Other creditors 223,513 107,623
Taxation and social security 214,800 385,515
562,512 635,201
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 275,000 -
Bank loans falling due after more than one year are secured by way of a fixed charge against the freehold property to which they relate. 
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 217,000 217,000
11. Directors Advances, Credits and Guarantees
Included within debtors is a loan of £601,802 (2024: £473,619) to the directors.
The above loan is unsecured, repayable on demand and interest is charged at HMRC's official rate of interest.
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12. Related Party Transactions
The company loaned money during the year to an entity deemed to be a related party by virtue of control or significant influence by one or more directors. At the year end the balance outstanding on this loan was £265,507 (2024: £260,107).
The company loaned money during the year to an entity deemed to be a related party by virtue of control or significant influence by one or more directors. At the year end the balance outstanding on this loan was £479,775 (2024: £479,775).
All loans are unsecured, interest free and repayable on demand.
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