REGISTERED NUMBER: 10375142 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

TRILIUM LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

M J Ballardie

Ms P Shepherd

Miss H Ballardie

REGISTERED OFFICE:

Global House

1 Ashley Avenue

Epsom

KT18 5AD

REGISTERED NUMBER:

10375142 (England and Wales)

ACCOUNTANTS:

BDA Associates Limited

Chartered Accountants

Global House

1 Ashley Avenue

Epsom

Surrey

KT18 5AD

FIXED ASSETS

Intangible assets

4

40,357

60,537

Tangible assets

5

1,533,478

1,551,293

1,573,835

1,611,830

CURRENT ASSETS

Debtors

6

75,962

91,106

Cash at bank and in hand

23,819

26,219

99,781

117,325

CREDITORS

Amounts falling due within one year

7

299,691

293,397

NET CURRENT LIABILITIES

(199,910

)

(176,072

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,373,925

1,435,758

CREDITORS

Amounts falling due after more than one year

8

(1,219,152

)

(1,190,689

)

PROVISIONS FOR LIABILITIES

(73,738

)

(68,907

)

NET ASSETS

81,035

176,162

CAPITAL AND RESERVES

Called up share capital

250

250

Retained earnings

80,785

175,912

SHAREHOLDERS' FUNDS

81,035

176,162

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 May 2026 and were signed on its behalf by:

M J Ballardie - Director

1.	STATUTORY INFORMATION

Trilium Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and other similar allowances.

The company recognises revenue when performance obligations have been satisfied.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold

-

2% on valuation of building

Improvements to property

-

equal instalments over period of lease and over the useful life of the property

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on cost

The long leasehold property is being depreciated in equal installments over the term of the leasehold or the useful life of the property, as determined by the directors, whichever is the shorter.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 43 (2024 - 42 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

201,797

AMORTISATION

At 1 January 2025

141,260

Charge for year

20,180

At 31 December 2025

161,440

NET BOOK VALUE

At 31 December 2025

40,357

At 31 December 2024

60,537

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Long

to

and

Computer

leasehold

property

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

1,085,245

682,799

79,973

20,667

1,868,684

Additions

-

26,217

21,846

6,080

54,143

At 31 December 2025

1,085,245

709,016

101,819

26,747

1,922,827

DEPRECIATION

At 1 January 2025

88,628

154,015

56,122

18,626

317,391

Charge for year

21,705

36,982

11,424

1,847

71,958

At 31 December 2025

110,333

190,997

67,546

20,473

389,349

NET BOOK VALUE

At 31 December 2025

974,912

518,019

34,273

6,274

1,533,478

At 31 December 2024

996,617

528,784

23,851

2,041

1,551,293

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

59,687

70,352

Other debtors

16,275

20,754

75,962

91,106

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

77,557

47,845

Trade creditors

39,525

12,918

Taxation and social security

26,585

69,849

Other creditors

156,024

162,785

299,691

293,397

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

1,095,834

826,452

Other creditors

123,318

364,237

1,219,152

1,190,689

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

779,196

601,982

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Bank loans

1,167,060

874,297

The bank loan is secured by a fixed and floating charge over the company's assets.

10.	RELATED PARTY DISCLOSURES