TRAFALGAR PROPERTY GROUP PLC Company balance sheet
for year ended 31 March 2024 Company Registration No. 04340125
|
|
|
2024 |
- |
|
|
note |
£ |
£ |
|
|
|
|
|
|
Fixed assets |
|
|
|
|
Investments |
0 |
0 |
|
|
|
|
0 |
|
|
Current assets |
|
|
|
|
Stocks |
|
0 |
|
|
Debtors |
32,140 |
54,220 |
|
|
Cash at bank and in hand |
|
3,406 |
3,842 |
|
|
|
35,546 |
58,062 |
|
TOTAL ASSET |
|
35,546 |
58,062 |
|
|
|
|
|
|
EQUITIES & LIABILITIES |
|
|
|
|
Current liabilities |
|
|
|
|
Trade & other payables |
224,856 |
961,756 |
|
|
Non- |
|
|
|
|
Borrowings |
25000 |
|
|
|
|
|
|
|
|
TOTAL LIABILITIES |
|
249,856 |
961,756 |
|
|
|
|
|
|
NET (LIABILITIES) |
|
(214,310) |
(903,694) |
|
|
|
|
|
|
|
|
|
|
|
Called up share capital |
3,237,400 |
2,860,150 |
|
|
Share premium account |
4,136,240 |
3,484,915 |
|
|
Loan note equity reserve |
|
0 |
107,204 |
|
Profit & loss account |
(7,587,950) |
(7,355,963) |
|
|
Equity - |
(214,310) |
(903,694) |
|
|
TOTAL EQUITY AND LIABILITIES |
|
35,546 |
580,962 |
The financial statements were approved by the Board of Directors on 24 September 2024 and authorised for issue 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 2024
COMPANY STATEMENT OF CHANGES IN EQUITY 31 March 2024
|
|
Share capital |
Share premium |
Loan note Equity Reserve |
Retained profits/(losses) |
Total equity |
|
|
£ |
£ |
£ |
£ |
£ |
|
At 1 April 2022 |
2,726,817 |
3,250,249 |
30303 |
(6,947,264) |
(939,895) |
|
Loss for the year |
– |
– |
– |
(488,864) |
(488,864) |
|
Total comprehensive income for the year |
– |
– |
– |
(488,864) |
(488,864) |
|
Movement Loan note equity reserve |
|
|
76,901 |
80,165 |
157,066 |
|
Shares issued during the year net of costs |
133,333 |
234,666 |
0 |
0 |
367,999 |
|
At 31 March 2023 |
2,860,150 |
3,484,915 |
107204 |
(7,355,963) |
(903,694) |
|
As at 1 April 2023 |
2,860,150 |
3,484,915 |
107,204 |
(7,355,963) |
(903,694) |
|
Loss for year |
– |
– |
– |
(339,191) |
(231,987) |
|
Total comprehensive iloss for the year |
– |
– |
– |
(339,191) |
(231,987) |
|
|
|
|
|
|
|
|
Loan note equity reserve |
|
|
(107,204) |
107,204 |
0 |
|
Shares issued during the year on conversion of loan notes |
226,250 |
678,750 |
|
|
905,000 |
|
Shares issued during the year net of costs |
151,000 |
(27,425) |
|
|
123,575 |
|
At 31 March 2024 |
3,237,400 |
4,136,240 |
0 |
(7,587,950) |
(214,310) |
Further details of share capital are shown in note 12
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. The remaining balance has been reversed following the conversion of the loan note during the year (2023: adjustment of £76,901)
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 of £339,191 (2023: loss £408,699).