REGISTERED NUMBER: 01209523 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

TREVON INDUSTRIAL FINISHERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

T K Crabtree

SECRETARY:

J T Crabtree

REGISTERED OFFICE:

Unit 4

Whitewalls Industrial Estate

Regent Street

Colne

Lancashire

BB8 8LJ

REGISTERED NUMBER:

01209523 (England and Wales)

ACCOUNTANTS:

Wallwork Nelson & Johnson

Chandler House

7 Ferry Road Office Park

Riversway

Preston

Lancashire

PR2 2YH

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

42,905

111,316

Investments

6

165,000

165,000

Investment property

7

305,808

305,808

513,713

582,124

CURRENT ASSETS

Stocks

8

14,790

13,330

Debtors

9

1,018,333

956,371

Cash at bank and in hand

165,072

111,888

1,198,195

1,081,589

CREDITORS

Amounts falling due within one year

10

173,806

170,360

NET CURRENT ASSETS

1,024,389

911,229

TOTAL ASSETS LESS CURRENT LIABILITIES

1,538,102

1,493,353

PROVISIONS FOR LIABILITIES

13

536

16,988

NET ASSETS

1,537,566

1,476,365

CAPITAL AND RESERVES

Called up share capital

14

1,000

1,000

Retained earnings

1,536,566

1,475,365

SHAREHOLDERS' FUNDS

1,537,566

1,476,365

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

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

The director acknowledges his 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 director and authorised for issue on 20 August 2025 and were signed by:

T K Crabtree - Director

1.	STATUTORY INFORMATION

Trevon Industrial Finishers 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, value added tax and other sales taxes.

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.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings

-

4% on cost

Plant and machinery etc

-

25% on reducing balance, 20% on cost and 15% on reducing balance

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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 29 (2024 - 29 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 June 2024

and 31 May 2025

48,750

AMORTISATION

At 1 June 2024

and 31 May 2025

48,750

NET BOOK VALUE

At 31 May 2025

-

At 31 May 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Motor

leasehold

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 June 2024

7,302

111,213

2,674

152,381

273,570

Disposals

-

(61,547

)

-

-

(61,547

)

At 31 May 2025

7,302

49,666

2,674

152,381

212,023

DEPRECIATION

At 1 June 2024

7,302

49,437

2,223

103,292

162,254

Charge for year

-

1,018

113

12,272

13,403

Eliminated on disposal

-

(6,539

)

-

-

(6,539

)

At 31 May 2025

7,302

43,916

2,336

115,564

169,118

NET BOOK VALUE

At 31 May 2025

-

5,750

338

36,817

42,905

At 31 May 2024

-

61,776

451

49,089

111,316

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 June 2024

and 31 May 2025

165,000

NET BOOK VALUE

At 31 May 2025

165,000

At 31 May 2024

165,000

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2024

and 31 May 2025

305,808

NET BOOK VALUE

At 31 May 2025

305,808

At 31 May 2024

305,808

8.

STOCKS

31/5/25

31/5/24

£

£

Finished goods

14,790

13,330

9.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/5/25

31/5/24

£

£

Trade debtors

335,853

273,847

Amounts owed by group undertakings

563,360

557,311

Other debtors

119,120

125,213

1,018,333

956,371

10.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/5/25

31/5/24

£

£

Hire purchase contracts (see note 11)

-

3,166

Trade creditors

45,511

37,418

Tax

68,820

60,569

Social security and other taxes

35,220

50,162

Other creditors

24,255

19,045

173,806

170,360

11.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31/5/25

31/5/24

£

£

Net obligations repayable:

Within one year

-

3,166

12.	SECURED DEBTS

The following secured debts are included within creditors:

31/5/25

31/5/24

£

£

Hire purchase contracts

-

3,166

A Debenture and Legal Charge in favour of Clydesdale Bank PLC has been registered at Companies House on 27 September 2016 and 20 October 2016 respectively.

13.	PROVISIONS FOR LIABILITIES

31/5/25

31/5/24

£

£

Deferred tax

536

16,988

Deferred

tax

£

Balance at 1 June 2024

16,988

Credit to Income Statement during year

(16,452

)

Balance at 31 May 2025

536

14.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/5/25

31/5/24

value:

£

£

1,000

Ordinary

£1

1,000

1,000