Trajecture Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 09328707 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2022

FOR

TRAJECTURE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Hill

REGISTERED OFFICE:

St John's Innovation Centre

Cowley Road

Cambridge

Cambridgeshire

CB4 0WS

REGISTERED NUMBER:

09328707 (England and Wales)

ACCOUNTANTS:

Thompson Taraz Rand Ltd

Chartered Accountants

10 Jesus Lane

Cambridge

Cambridgeshire

CB5 8BA

FIXED ASSETS

Intangible assets

5

1

1

Tangible assets

6

1,714

3

1,715

4

CURRENT ASSETS

Debtors

7

24,454

20,268

Cash at bank

43,477

33,406

67,931

53,674

CREDITORS

Amounts falling due within one year

8

(9,476

)

(20,540

)

NET CURRENT ASSETS

58,455

33,134

TOTAL ASSETS LESS CURRENT LIABILITIES

60,170

33,138

CAPITAL AND RESERVES

Called up share capital

9

90,000

90,000

Retained earnings

(29,830

)

(56,862

)

SHAREHOLDERS' FUNDS

60,170

33,138

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2022 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 November 2023 and were signed by:

G Hill - Director

1.	STATUTORY INFORMATION

Trajecture 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net revenue received in respect of data analysis services, excluding value added tax as the company is not registered for value added tax. Revenue is recognised once the right to consideration has been obtained through performance of contractual obligations.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Patents

Amounts recognised in relation to patents are being amortised over the expected useful economic life of four years. In circumstances where the useful economic life is considered to be indefinite no amortisation is charged.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

5.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 December 2021

and 30 November 2022

8,010

AMORTISATION

At 1 December 2021

and 30 November 2022

8,009

NET BOOK VALUE

At 30 November 2022

1

At 30 November 2021

1

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2021

3,005

Additions

1,828

At 30 November 2022

4,833

DEPRECIATION

At 1 December 2021

3,002

Charge for year

117

At 30 November 2022

3,119

NET BOOK VALUE

At 30 November 2022

1,714

At 30 November 2021

3

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Other debtors

24,454

20,268

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade creditors

-

3,500

Taxation and social security

2,678

5,149

Other creditors

6,798

11,891

9,476

20,540

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2022

2021

value:

£

£

90,000

Preference

£1

90,000

90,000

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2022 and 30 November 2021:

2022

2021

£

£

G Hill

Balance outstanding at start of year

-

-

Amounts advanced

4,185

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

4,185

-

11.	RELATED PARTY DISCLOSURES

At the balance sheet date the director owed the company £4,185 (2021: £7,484 credit balance). The amount includes interest at 2%, is repayable on demand and disclosed with creditors due in less than one year.

A rental charge of £1,859 (2021: £1,881) was made to the company by the director.