TRILATERAL_GROUP_LIMITED - Accounts

TRILATERAL GROUP LIMITED - Company Information

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Company Registration No. 02028597 (England and Wales)

TRILATERAL GROUP LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2014

TRILATERAL GROUP LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 4

TRILATERAL GROUP LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

167

223

Investments

24,073

24,074

24,240

24,297

Current assets

Debtors

705

3,608

Cash at bank and in hand

3,622

2,399

4,327

6,007

Creditors: amounts falling due within one year

(32,886)

(21,500)

Net current liabilities

(28,559)

(15,493)

Total assets less current liabilities

(4,319)

8,804

Capital and reserves

Called up share capital

34,638

Share premium account

424,680

Other reserves

23,865

Profit and loss account

(487,502)

(474,379)

Shareholders' funds

(4,319)

8,804

For the financial year ended 31 December 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

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

Approved by the Board for issue on 30 June 2015

D M Robinson

Director

Company Registration No. 02028597

TRILATERAL GROUP LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery 25% reducing balance

1.5

Investments

Investments in group undertakings are stated at cost less impairment provision, based upon the net assets of those undertakings as reflected in their latest available financial statements.

Other fixed asset investments are stated at cost less impairment provision, based, as appropriate, upon either the estimated market values of those investments or the net assets of those undertakings as reflected in their latest available financial statements.

1.6

Group accounts

The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 398 of the Companies Act 2006 not to prepare group accounts.

TRILATERAL GROUP LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2014

- 3 -

Fixed assets

Tangible assets

Investments

Total

Cost

At 1 January 2014 & at 31 December 2014

940

211,384

212,324

Depreciation

At 1 January 2014

717

187,311

188,028

Charge for the year

At 31 December 2014

773

187,311

188,084

Net book value

At 31 December 2014

167

24,073

24,240

At 31 December 2013

223

24,074

24,297

Holdings of more than 20%

The company holds more than 20% of the share capital of the following companies:

Company

Country of registration or

Shares held

incorporation

Class

Subsidiary undertakings

Wood Brigdale, Nisbet & Robinson Limited

England and Wales

Ordinary

100.00

Participating interests

MEC International Limited

England and Wales

Ordinary

36.50

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves

Profit/(loss) for the year

2014

Principal activity

Wood Brigdale, Nisbet & Robinson Limited

Advertising agent

MEC International Limited

Business Consultancy

32,325

(14,437)

TRILATERAL GROUP LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2014

- 4 -

Share capital

2014

2013

Allotted, called up and fully paid

34,638 Ordinary shares of £1 each

34,638