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TROJAN ASSET LTD

Registered Number
08150740
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2025

TROJAN ASSET LTD
Company Information
for the year from 1 January 2025 to 31 December 2025

Director | SHEPHERD, David Richard

Company Secretary | SHEPHERD, Doreen

Registered Address | 1 Gemini Court
| 42a Throwley Way
| Sutton
| SM1 4AF

Registered Number | 08150740 (England and Wales)

TROJAN ASSET LTD
Statement of Financial Position
31 December 2025

| Notes | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |
Tangible assets | 3 |  |  | 398,139 |  |  |  | 407,595
|  |  |  | 398,139 |  |  |  | 407,595
Current assets |  |  |  |  |  |  |  |
Debtors | 4 | 396,931 |  |  |  | 337,151 |  |
Cash at bank and on hand |  | 3,336 |  |  |  | 9,435 |  |
|  | 400,267 |  |  |  | 346,586 |  |
Creditors amounts falling due within one year | 5 | (173,388) |  |  |  | (90,955) |  |
Net current assets (liabilities) |  |  |  | 226,879 |  |  |  | 255,631
Total assets less current liabilities |  |  |  | 625,018 |  |  |  | 663,226
Creditors amounts falling due after one year | 6 |  |  | (10,221) |  |  |  | (33,278)
Provisions for liabilities | 8 |  |  | (84,530) |  |  |  | (165,203)
Net assets |  |  |  | 530,267 |  |  |  | 464,745
Capital and reserves |  |  |  |  |  |  |  |
Called up share capital |  |  |  | 200 |  |  |  | 200
Revaluation reserve |  |  |  | 150,342 |  |  |  | 457,013
Profit and loss account |  |  |  | 379,725 |  |  |  | 7,532
Shareholders' funds |  |  |  | 530,267 |  |  |  | 464,745

- The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
- The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 29 July 2026, and are signed on its behalf by:
SHEPHERD, David Richard Director Registered Company No. 08150740

TROJAN ASSET LTD
Notes to the Financial Statements
for the year ended 31 December 2025

1. | Accounting policies
--- | ---

| Statutory information
--- | ---
| The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| Statement of compliance
--- | ---
| The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

| Functional and presentation currency
--- | ---
| The financial statements are presented in sterling and this is the functional currency of the company.

| Turnover policy
--- | ---
| Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.

| Current taxation
--- | ---
| 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
--- | ---
| Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

| Tangible fixed assets and depreciation
--- | ---
| Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

|  | Reducing balance (%)
| Plant and machinery | 10
| Vehicles | 25

| Finance leases and hire purchase contracts
--- | ---
| Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2. | Average number of employees
--- | ---

|  | 2025 |  | 2024
| Average number of employees during the year | 1 |  | 1

3. | Tangible fixed assets
--- | ---

|  | Plant & machinery |  | Vehicles |  | Total
--- | --- | --- | --- | --- | --- | ---
|  | £ |  | £ |  | £
| Cost or valuation
| At 01 January 25 | 920,662 |  | 113,371 |  | 1,034,033
| Additions | - |  | 55,736 |  | 55,736
| Disposals | - |  | (5,379) |  | (5,379)
| At 31 December 25 | 920,662 |  | 163,728 |  | 1,084,390
| Depreciation and impairment
| At 01 January 25 | 556,162 |  | 70,276 |  | 626,438
| Charge for year | 36,450 |  | 23,363 |  | 59,813
| At 31 December 25 | 592,612 |  | 93,639 |  | 686,251
| Net book value
| At 31 December 25 | 328,050 |  | 70,089 |  | 398,139
| At 31 December 24 | 364,500 |  | 43,095 |  | 407,595

4. | Debtors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Other debtors | 396,931 |  | 337,151
| Total | 396,931 |  | 337,151

5. | Creditors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Bank borrowings and overdrafts | 9,221 |  | 9,573
| Taxation and social security | 136,355 |  | 59,754
| Finance lease and HP contracts | 20,087 |  | 19,283
| Other creditors | 7,725 |  | 2,345
| Total | 173,388 |  | 90,955

6. | Creditors: amounts due after one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Bank borrowings and overdrafts | 3,452 |  | 7,723
| Other creditors | 6,769 |  | 25,555
| Total | 10,221 |  | 33,278

7. | Obligations under finance leases
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Finance lease and HP contracts | 26,857 |  | 44,838

8. | Provisions for liabilities
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Net deferred tax liability (asset) | 84,530 |  | 165,203
| Total | 84,530 |  | 165,203

9. | Directors advances, credits and guarantees
--- | ---

|  | Brought forward |  | Amount advanced |  | Amount repaid |  | Carried forward
--- | --- | --- | --- | --- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
| SHEPHERD, David Richard | 0 |  | 175,320 |  | 0 |  | 175,320
|  | 0 |  | 175,320 |  | 0 |  | 175,320

10. | Related party transactions
--- | ---
| Within Debtors there is a balance of £162,440 owed by related parties. Within Creditors there is a balance owing to related parties of £4,500.