TRAFALGAR PROPERTY GROUP PLC Company balance sheet
for year ended 31 March 2022 Company Registration No. 04340125
|
|
|
2022 |
2021 |
|
|
note |
£ |
£ |
|
|
|
|
|
|
Fixed assets |
|
|
|
|
Investments |
0 |
0 |
|
|
|
|
0 |
|
|
Current assets |
|
|
|
|
Stocks |
|
0 |
|
|
Debtors |
34,339 |
22,159 |
|
|
Cash at bank and in hand |
|
3,657 |
84,219 |
|
|
|
37,996 |
106,378 |
|
EQUITIES & LIABILITIES |
|
|
|
|
Current liabilities |
|
|
|
|
Trade & other payables |
997,891 |
652,662 |
|
|
|
|
997,891 |
652,662 |
|
Non- |
|
|
|
|
Borrowings |
0 |
33,926 |
|
|
Total liabilities |
|
997,891 |
686,588 |
|
|
|
|
|
|
Net (liabilities) /assets |
|
(939,895) |
(580210) |
|
|
|
|
|
|
|
|
|
|
|
Called up share capital |
2,726,817 |
2,726,817 |
|
|
Share premium account |
3,250,249 |
3,250,249 |
|
|
Loan note equity reserve |
|
30,303 |
71,074 |
|
Profit & loss account |
6,947,264) |
6,628,350) |
|
|
Equity - |
(939,895) |
(580,210) |
|
|
Total Equity & Liabilities |
|
37,996 |
106,378 |
These financial statements were approved by the Board of Directors and authorised for issue on 27 September 2022 and are signed on its behalf by
P Treadaway
J Dubois
Company Registration Number 04340125
The notes form an integral part of these financial statements.
Annual report, Company financial statements 2022
COMPANY STATEMENT OF CHANGES IN EQUITY 31 March 2022
|
|
Share capital |
Share premium |
Loan note Equity Reserve |
Retained profits/(losses) |
Total equity |
|
|
£ |
£ |
£ |
£ |
£ |
|
At 1 April 2020 |
2,633,067 |
2,660,862 |
0 |
(5,918,521) |
(624,592) |
|
Loss for the year |
– |
– |
– |
(742,887) |
(742,887) |
|
Total comprehensive income for the year |
– |
– |
– |
(742,887) |
(742,887) |
|
Loan note equity reserve |
|
|
104,132 |
|
104,132 |
|
Issue of shares |
93,750 |
656,250 |
|
|
750,000 |
|
Share issue costs |
0 |
(66,863) |
|
|
(66,863) |
|
At 31 March 2021 |
2,726,817 |
3,250,249 |
104132 |
(6,661,408) |
(580,210) |
|
Prior year adjustment |
|
|
(33,058) |
33,058 |
|
|
Restated 31 March 2021 |
2,726,817 |
3,250,249 |
71074 |
6,628,350 |
580,210 |
|
At 1 April 2021 |
2,726,817 |
3,250,249 |
71074 |
(6,628,350) |
(580210) |
|
Loss for 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 loan note equity reserve |
|
|
(58,953) |
|
(58,953) |
|
At 31 March 2022 |
2,726,817 |
3,250,249 |
30303 |
(6,947,264) |
(906,837) |
Further details of share capital are shown in note 12 and prior year adjustment are shown in note 14 to the Company accounts.
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 £18,182 as this amount relates to the period from year end to the expiry of the loan notes being 31 July 2022. A further adjustment has been made of £58,954 which is the amount provided for to 31 March 2022.
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 £285,856. (2021: Loss £742,887).