Company registration number 09319800 (England and Wales)
TRINOVA LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
TRINOVA LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 7
TRINOVA LIMITED
BALANCE SHEET
AS AT 31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Current assets
Debtors
5
640,251
660,713
Cash at bank and in hand
17,417
16,834
657,668
677,547
Creditors: amounts falling due within one year
6
(552,727)
(520,652)
Net current assets
104,941
156,895
Capital and reserves
Called up share capital
7
50,000
50,000
Profit and loss reserves
54,941
106,895
Total equity
104,941
156,895

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 22 July 2026 and are signed on its behalf by:
P L H Forsberg
Director
Company registration number 09319800 (England and Wales)
TRINOVA LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 2 -
1
Accounting policies
Company information

Trinova Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1st Floor Paxton House, 30 Artillery Lane, London, England, E1 7LS.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

In determining the appropriate basis of preparation of the Financial Statements, the directors are required to consider whether the company can continue in operational existence for the foreseeable future.true

The Company’s forecast and projections, taking account of reasonable possible changes in trading performance, show that the Company will be able to operate within the level of its current facilities.

Accordingly, at the time of approving the financial statements, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Therefore, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Management fee income is recognised as services are provided. Transaction advisory fees are recognised on the completion of associated property transactions.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

TRINOVA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 3 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

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.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

TRINOVA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 4 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.8
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight-line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease d asset are consumed.

1.9
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

1.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

1.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

1.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

TRINOVA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 5 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of turnover can be measured reliably;

- it is probable that the company will receive the consideration due under the contract;

- the stage of completion of the contract at the end of the reporting period can be measured reliably; and

- the costs incurred and the costs to complete the contract can be measured reliably.

The company has in place established internal control processes to ensure that the evaluation of costs and revenues is based upon appropriate estimates.

3
Employees

The average monthly number of employees (including directors) during the year was 4 (2025 - 4).

4
Taxation
2026
2025
£
£
Current tax
UK corporation tax on profits for the current period
6,097
4,701
Adjustments in respect of prior periods
(40)
-
0
Total current tax
6,057
4,701
5
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
81,718
-
0
Amounts owed by group undertakings
552,689
435,009
Other debtors
4,794
224,399
Prepayments and accrued income
1,050
1,305
640,251
660,713
TRINOVA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 6 -
6
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
27,630
85,290
Amounts owed to group undertakings
505,000
411,661
Corporation tax
6,097
4,701
Accruals and deferred income
14,000
19,000
552,727
520,652
7
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
50,000
50,000
50,000
50,000
8
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Opinion

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 31 March 2026 and of its profit for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

Senior Statutory Auditor:
Giuseppe Scozzaro
Statutory Auditor:
Goodman Jones LLP
Date of audit report:
22 July 2026
9
Contingent asset

During the year ended 31 December 2022, the company entered into a sales contract which included a gross deferred fee payable to the company of at least £115,000 at a future unknown date, upon completion of certain contractual obligations not wholly within the control of the company.

TRINOVA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 7 -
10
Operating lease commitments

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2026
2025
£
£
Within one year
13,293
159,510
Between two and five years
-
0
13,293
13,293
172,803
11
Related party transactions

The company has taken advantage of the exemption available in accordance with FRS 102 'Related party disclosures' not to disclose transactions entered into between two or more members of a group, as the company is a wholly owned subsidiary undertaking of the group to which it is a party to the transactions.

12
Parent company

The c ompany's immediate and ultimate parent undertaking is Trinova Real Estate LLP, a partnership registered in England and Wales. The registered office of Trinova Real Estate LLP is 1st Floor Paxton House, 30 Artillery Lane, London, E1 7LS.

2026-03-31 2025-04-01 false false false 22 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity E P Costello P L H Forsberg S D Resouly A P Koczan 09319800 2025-04-01 2026-03-31 09319800 2026-03-31 09319800 2025-03-31 09319800 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 09319800 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 09319800 core:ShareCapital 2026-03-31 09319800 core:ShareCapital 2025-03-31 09319800 core:RetainedEarningsAccumulatedLosses 2026-03-31 09319800 core:RetainedEarningsAccumulatedLosses 2025-03-31 09319800 core:ShareCapitalOrdinaryShareClass1 2026-03-31 09319800 core:ShareCapitalOrdinaryShareClass1 2025-03-31 09319800 bus:Director2 2025-04-01 2026-03-31 09319800 core:UKTax 2025-04-01 2026-03-31 09319800 core:UKTax 2024-04-01 2025-03-31 09319800 2024-04-01 2025-03-31 09319800 core:CurrentFinancialInstruments 2026-03-31 09319800 core:CurrentFinancialInstruments 2025-03-31 09319800 bus:OrdinaryShareClass1 2025-04-01 2026-03-31 09319800 bus:OrdinaryShareClass1 2026-03-31 09319800 bus:OrdinaryShareClass1 2025-03-31 09319800 core:WithinOneYear 2026-03-31 09319800 core:WithinOneYear 2025-03-31 09319800 core:BetweenTwoFiveYears 2026-03-31 09319800 core:BetweenTwoFiveYears 2025-03-31 09319800 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 09319800 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 09319800 bus:FRS102 2025-04-01 2026-03-31 09319800 bus:Audited 2025-04-01 2026-03-31 09319800 bus:Director1 2025-04-01 2026-03-31 09319800 bus:Director3 2025-04-01 2026-03-31 09319800 bus:Director4 2025-04-01 2026-03-31 09319800 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP