TRAFALGAR PROPERTY GROUP PLC Company balance sheet
for year ended 31 March 2023 Company Registration No. 04340125
|
|
|
2023 |
- |
|
|
note |
£ |
£ |
|
|
|
|
|
|
Fixed assets |
|
|
|
|
Investments |
0 |
0 |
|
|
|
|
0 |
|
|
Current assets |
|
|
|
|
Stocks |
|
0 |
|
|
Debtors |
54,220 |
34,339 |
|
|
Cash at bank and in hand |
|
3,842 |
3,657 |
|
|
|
58,062 |
37,996 |
|
TOTAL ASSET |
|
58,602 |
37,996 |
|
|
|
|
|
|
EQUITIES & LIABILITIES |
|
|
|
|
Current liabilities |
|
|
|
|
Trade & other payables |
961,756 |
977,891 |
|
|
|
|
|
|
|
TOTAL LIABILITIES |
|
961,756 |
977,891 |
|
|
|
|
|
|
NET (LIABILITIES) |
|
(903,694) |
(939,895) |
|
|
|
|
|
|
|
|
|
|
|
Called up share capital |
2,860,150 |
2,726,817 |
|
|
Share premium account |
3,484,915 |
3,250,249 |
|
|
Loan note equity reserve |
|
107,204 |
30,303 |
|
Profit & loss account |
(7,355,963) |
(6,947,264) |
|
|
Equity - |
(903,694) |
(939,895) |
|
|
TOTAL EQUITY AND LIABILITIES |
|
58,062 |
37,996 |
The financial statements were approved by the Board of Directors and authorised for issue on 15 December 2023 and are signed on its behalf by
P Treadaway
G Thorneycroft
Company Registration Number 04340125
The notes form an integral part of these financial statements.
Annual report, Company financial statements 2023
COMPANY STATEMENT OF CHANGES IN EQUITY 31 March 2023
|
|
Share capital |
Share premium |
Loan note Equity Reserve |
Retained profits/(losses) |
Total equity |
|
|
£ |
£ |
£ |
£ |
£ |
|
At 1 April 2021 |
2,726,817 |
3,250,249 |
71074 |
(6,628,350) |
(580,210) |
|
Loss for the year |
– |
– |
– |
(285,856) |
(285,856) |
|
Total comprehensive income for the year |
– |
– |
– |
(285,856) |
(285,856) |
|
Loan note equity reserve |
|
|
18,182 |
|
18,182 |
|
Movement in load note equity reserve |
|
|
(58,953) |
(33,058) |
(92,011) |
|
At 31 March 2022 |
2,726,817 |
3,250,249 |
30303 |
(6,,947,264) |
(939,895) |
|
As at 1 April 2022 |
2,726,817 |
3,250,249 |
30,303 |
(6,947,264) |
(939,895) |
|
Loss for year |
– |
– |
– |
(488,864) |
(488,864) |
|
Total comprehensive income for the year |
– |
– |
– |
(488,864) |
(488,864) |
|
|
|
|
|
|
|
|
Movement in Loan note equity reserve |
|
|
76,901 |
80,165 |
157,066 |
|
Shares issued during the year net of costs |
133,333 |
234,666 |
|
|
367,999 |
|
At 31 March 2023 |
2,860,150 |
3,484,915 |
107204 |
(7,355,963) |
(903,694) |
Further details of share capital are shown in note 11
Loan note equity reserve is the amount that has been provided for in respect of the difference between the cash value and the liability element of the loan notes. An adjustment has been made of £76,901 (2022: £18,183) as this amount relates to the period from year end to the expiry of the loan notes being 31 July 2024.
The notes form an integral part of these financial statements.
The loss for the financial year dealt with in the financial statements of the Parent Company was Loss £408,699. (2022: Loss £285,856).