Trendgrain Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04198203 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2026

for

Trendgrain Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S L Cheriton

C J Metcalfe

M T Cheriton- Metcalfe

SECRETARY:

M G Cheriton

REGISTERED OFFICE:

15

Newland

Lincoln

LN1 1XG

REGISTERED NUMBER:

04198203 (England and Wales)

ACCOUNTANTS:

Wright Vigar Limited

Chartered Accountants & Business Advisers

15 Newland

Lincoln

Lincolnshire

LN1 1XG

FIXED ASSETS

Tangible assets

4

2,967

-

Investment property

5

2,800,000

2,802,967

2,800,000

CURRENT ASSETS

Debtors

6

1,914

26,887

Cash at bank

42,132

17,552

44,046

44,439

CREDITORS

Amounts falling due within one year

7

25,933

56,959

NET CURRENT ASSETS/(LIABILITIES)

18,113

(12,520

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,821,080

2,787,480

CREDITORS

Amounts falling due after more than one
year

8

(1,384,308

)

(1,384,308

)

PROVISIONS FOR LIABILITIES

(85,618

)

(84,876

)

NET ASSETS

1,351,154

1,318,296

CAPITAL AND RESERVES

Called up share capital

10

100

Other reserves

834,348

Retained earnings

516,706

483,848

SHAREHOLDERS' FUNDS

1,351,154

1,318,296

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2026 and were signed on its behalf by:

M T Cheriton- Metcalfe - Director

C J Metcalfe - Director

1.	STATUTORY INFORMATION

Trendgrain 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 as modified by the revaluation of certain assets.

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Borrowings

Interest-bearing borrowings are recognised initially at the amount received, net of transaction costs and subsequently measured at amortised cost.

Interest is charged to profit or loss over the term of the relevant borrowing using the effective interest method.

Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

Additions

398

3,100

3,498

At 30 April 2026

398

3,100

3,498

DEPRECIATION

Charge for year

41

490

531

At 30 April 2026

41

490

531

NET BOOK VALUE

At 30 April 2026

357

2,610

2,967

5.	INVESTMENT PROPERTY

Total

£

COST

At 1 May 2025

and 30 April 2026

2,800,000

NET BOOK VALUE

At 30 April 2026

2,800,000

At 30 April 2025

2,800,000

Cost or valuation of investment properties at 30 April 2026 is represented by:

£

Valuation

919,224

Cost

1,880,776

2,800,000

Trendgrain Limited has valued the investment properties on an open market basis where the individual has no relevant professional qualification but has recent and long term experience of the geographical location where the properties are held and in the type of properties held.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

1,200

5,578

Other debtors

-

3,077

Prepayments

714

18,232

1,914

26,887

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade creditors

480

13,137

Tax

7,495

11,872

Directors' current accounts

737

12,149

Accruals and deferred income

17,221

19,801

25,933

56,959

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

Bank loans - 2-5 years

1,384,308

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

Bank loans

1,384,308

The bank loans are secured against the properties to which they relate.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

10,000

Ordinary

1p

100