Trigot Limited - Accounts

Registered number

05320989

Trigot Limited

Report and Accounts

31 December 2014

Trigot Limited
Registered number:		05320989
Directors' Report

The directors present their report and accounts for the year ended 31 December 2014.

Principal activities
The company's principal activity during the year continued to be that of providing nominee services.

Directors
The following persons served as directors during the year:

	Andrew Gilfillan (Resigned 01/08/2014)
	Ben Bateson (Appointed 01/08/2014)
	Versos Directors Limited

Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 30 September 2015 and signed on its behalf.





Ben Bateson
Director

Trigot Limited
Profit and Loss Account
for the year ended 31 December 2014


Notes		2014		2013
€			€

Turnover		12,820		12,344

Administrative expenses		(11,539)		(10,944)

Operating profit		1,281		1,400

Interest payable & similar charges	2	(116)		(278)

Profit on ordinary activities before taxation		1,165		1,122

Tax on profit on ordinary activities	3	(335)		(261)

Profit for the financial year		830		861

Trigot Limited
Balance Sheet
as at 31 December 2014

Notes			2014			2013
€				€
Current assets
Debtors	4	39,780			26,960
Cash at bank and in hand		23,150			17,742
		62,930			44,702

Creditors: amounts falling due within one year	5	(65,070)			(47,672)

Net current liabilities			(2,140)			(2,970)

Net liabilities			(2,140)			(2,970)

Capital and reserves
Called up share capital	6		144			144
Profit and loss account	7		(2,284)			(3,114)

Shareholder's funds			(2,140)			(2,970)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.




Ben Bateson
Director
Approved by the board on 30 September 2015

Trigot Limited
Notes to the Accounts
for the year ended 31 December 2014

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Going concern
	The financial statements have been prepared on a going concern basis. The company has obtained undertakings from its shareholders that they will continue to support the company for the foreseeable future and meet all third party liabilities as they fall due. Given this undertaking, the directors consider it appropriate to adopt a going concern basis in preparing the financial statements.

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated into Euros at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.


2	Interest payable & similar charges					2014		2013
€							€

	Loss on foreign exchange					116		278


3	Taxation					2014		2013
€							€

	UK corporation tax					335		261


4	Debtors					2014		2013
€							€

	Trade debtors					39,780		26,960


5	Creditors: amounts falling due within one year					2014		2013
€							€

	Corporation tax					335		261
	Other creditors					64,735		47,411
						65,070		47,672


6	Share capital	Nominal		2014		2014		2013
value			Number		€		€
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		144		144


7	Profit and loss account					2014
€

	At 1 January 2014					(3,114)
	Profit for the year					830

	At 31 December 2014					(2,284)


8	Related party transactions

	At the balance sheet date the company owed the shareholders the sum of: €13,544 (2013: €432)


9	Ultimate controlling party

	The directors are aware of the ultimate controlling party. However, they are under a duty of confidentiality that prevents them from disclosing certain information otherwise required by Financial Reporting Standard 8. Therefore they have taken the exemption offered by the standard in respect of confidentiality.