Trigon Fire Safety Ltd - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 12026157 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Trigon Fire Safety Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

D M Bostelmann

K Wallasch

R Lavender

REGISTERED OFFICE:

3 The Square

Richmond

Surrey

TW9 1DY

REGISTERED NUMBER:

12026157 (England and Wales)

ACCOUNTANTS:

Peter Hodgson & Co.

Chartered Accountants

Shadwell House

65 Lower Green Road

Tunbridge Wells

Kent

TN4 8TW

FIXED ASSETS

Property, plant and equipment

4

37,965

26,132

CURRENT ASSETS

Debtors

5

502,910

264,577

Cash at bank

567,827

763,528

1,070,737

1,028,105

CREDITORS

Amounts falling due within one year

6

383,292

270,210

NET CURRENT ASSETS

687,445

757,895

TOTAL ASSETS LESS CURRENT LIABILITIES

725,410

784,027

PROVISIONS FOR LIABILITIES

7

7,723

5,475

NET ASSETS

717,687

778,552

CAPITAL AND RESERVES

Called up share capital

8

300

300

Retained earnings

9

717,387

778,252

SHAREHOLDERS' FUNDS

717,687

778,552

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 13 July 2023 and were signed on its behalf by:

D M Bostelmann - Director

R Lavender - Director

K Wallasch - Director

1.	STATUTORY INFORMATION

Trigon Fire Safety Ltd 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.

Significant judgements and estimates

There are no significant judgements or estimates pertaining to these accounts.

Turnover

Revenue 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.

Office equipment

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

Functional currency

The functional currency used by the company is £ Sterling.

Financial instruments

Basic financial instruments comprising debtors, bank and cash balances are recorded at fair value.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 9 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Office

Computer

equipment

equipment

Totals

£

£

£

COST

At 1 April 2022

14,866

25,026

39,892

Additions

5,376

19,112

24,488

At 31 March 2023

20,242

44,138

64,380

DEPRECIATION

At 1 April 2022

2,959

10,801

13,760

Charge for year

4,321

8,334

12,655

At 31 March 2023

7,280

19,135

26,415

NET BOOK VALUE

At 31 March 2023

12,962

25,003

37,965

At 31 March 2022

11,907

14,225

26,132

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade debtors

363,200

167,442

Prepayments & other debtors

139,710

97,135

502,910

264,577

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade creditors

116,100

-

Tax

177,323

166,018

Social security and other taxes

13,489

7,189

VAT

35,092

77,777

Directors' current accounts

36,293

5,970

Accruals & other creditors

4,995

13,256

383,292

270,210

7.	PROVISIONS FOR LIABILITIES

2023

2022

£

£

Deferred tax

7,723

5,475

Deferred

tax

£

Balance at 1 April 2022

5,475

Provided during year

2,248

Balance at 31 March 2023

7,723

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2023

2022

value:

£

£

100

Ordinary A

£1

100

100

100

Ordinary B

£1

100

100

100

Ordinary C

£1

100

100

300

300

9.

RESERVES

Retained

earnings

£

At 1 April 2022

778,252

Profit for the year

749,135

Dividends

(810,000

)

At 31 March 2023

717,387

10.	CAPITAL COMMITMENTS

There were no capital commitments at the period end which have not been provided for in these accounts.

11.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors who are also the only shareholders.

12.	DIRECTOR'S LOAN BALANCES

At the period end the company owed the directors the following amounts:

K Wallasch - £11,957.51

R Lavender- £11,957.51

D M Bostelmann - £12,377.51

13.	POST BALANCE SHEET EVENTS

There are no post balance sheet events that need to be reported or adjusted for in these accounts.