Trinity Legends LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC429188 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2025

for

Trinity Legends LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

House of Mystic LLP

House of Valor LLP

House of Instinct LLP

REGISTERED OFFICE:

C/O OCG Accountants Ltd

Biz Hub Tees Valley

Belasis Hall Technology Park

Billingham

Co. Durham

TS23 4EA

REGISTERED NUMBER:

OC429188 (England and Wales)

ACCOUNTANTS:

OCG Accountants Ltd

Biz Hub Tees Valley

Belasis Hall Technology Park

Coxwold Way

Billingham

Co. Durham

TS23 4EA

FIXED ASSETS

Tangible assets

4

1,771,967

1,783,755

CURRENT ASSETS

Cash at bank

3,221

CREDITORS

Amounts falling due within one year

5

(56,345

)

(45,244

)

NET CURRENT LIABILITIES

(53,124

)

(42,023

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,718,843

1,741,732

CREDITORS

Amounts falling due after more than one
year

6

(1,041,619

)

(1,045,492

)

NET ASSETS ATTRIBUTABLE TO MEMBERS

677,224

696,240

LOANS AND OTHER DEBTS DUE TO MEMBERS

-

MEMBERS' OTHER INTERESTS

Capital accounts

677,224

696,240

677,224

696,240

TOTAL MEMBERS' INTERESTS

Members' other interests

677,224

696,240

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31st March 2025.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 27th July 2026 and were signed by:

House of Mystic LLP - Designated member

1.	STATUTORY INFORMATION

Trinity Legends LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS

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

Freehold property

-

in accordance with the property

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

COST OR VALUATION

At 1st April 2024

and 31st March 2025

1,736,602

11,800

59,490

1,807,892

DEPRECIATION

At 1st April 2024

-

3,687

20,450

24,137

Charge for year

-

2,028

9,760

11,788

At 31st March 2025

-

5,715

30,210

35,925

NET BOOK VALUE

At 31st March 2025

1,736,602

6,085

29,280

1,771,967

At 31st March 2024

1,736,602

8,113

39,040

1,783,755

Cost or valuation at 31st March 2025 is represented by:

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

Valuation in 2022

192,500

-

192,500

Valuation in 2023

183,000

-

183,000

Cost

1,361,102

11,800

59,490

1,432,392

1,736,602

11,800

59,490

1,807,892

Members see no benefit in revaluing the assets.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

7,745

Other creditors

48,600

37,499

56,345

45,244

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Bank loans - 2-5 years

33,628

37,501

Mortgages

1,007,991

1,041,619

1,045,492

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Mortgages

1,007,991

1,001,991