Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31false2022-04-01No description of principal activity30falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14003115 2022-03-31 14003115 2022-04-01 2023-03-31 14003115 2021-04-01 2022-03-31 14003115 2023-03-31 14003115 c:Director1 2022-04-01 2023-03-31 14003115 d:OfficeEquipment 2022-04-01 2023-03-31 14003115 d:OfficeEquipment 2023-03-31 14003115 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 14003115 d:CurrentFinancialInstruments 2023-03-31 14003115 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 14003115 d:ShareCapital 2022-04-01 2023-03-31 14003115 d:ShareCapital 2023-03-31 14003115 d:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 14003115 d:RetainedEarningsAccumulatedLosses 2023-03-31 14003115 c:OrdinaryShareClass1 2022-04-01 2023-03-31 14003115 c:OrdinaryShareClass1 2023-03-31 14003115 c:FRS102 2022-04-01 2023-03-31 14003115 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 14003115 c:FullAccounts 2022-04-01 2023-03-31 14003115 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 14003115 2 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 14003115









TRIANTA LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023














 
TRIANTA LIMITED
REGISTERED NUMBER:14003115

BALANCE SHEET
AS AT 31 MARCH 2023

2023
Note
£

Fixed assets
  

Tangible assets
 4 
515

  
515

Current assets
  

Stocks
  
10,000

Debtors: amounts falling due within one year
 5 
16,341

Cash at bank and in hand
  
41,939

  
68,280

Creditors: amounts falling due within one year
 6 
(60,817)

Net current assets
  
 
 
7,463

Total assets less current liabilities
  
7,978

  

Net assets
  
7,978


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
7,878

  
7,978


Page 1

 
TRIANTA LIMITED
REGISTERED NUMBER:14003115
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 1 June 2023.




N George
Director

The notes on pages 4 to 8 form part of these financial statements.

Page 2

 
TRIANTA LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 MARCH 2023


Called up share capital
Profit and loss account
Total equity

£
£
£


Comprehensive income for the period

Profit for the period

-
23,878
23,878


Other comprehensive income for the period
-
-
-


Total comprehensive income for the period
-
23,878
23,878


Contributions by and distributions to owners

Dividends: Equity capital
-
(16,000)
(16,000)

Shares issued during the period
100
-
100


Total transactions with owners
100
(16,000)
(15,900)


At 31 March 2023
100
7,878
7,978

The notes on pages 4 to 8 form part of these financial statements.

Page 3

 
TRIANTA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

1.


General information

Trianta Limited is a private company, limited by shares, domiciled in England and Wales. The registered office is The Nook Kingsmill Industrial Estate, Saunders Way, Cullompton, England, EX15 1BS.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

The director confirms that, having considered their expectations and intentions for the next twelve months, and the availability of working capital, the company is a going concern.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 4

 
TRIANTA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
5 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 5

 
TRIANTA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.12

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of income and retained earnings.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.13

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 6

 
TRIANTA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

3.


Employees

The average monthly number of employees, including the director, during the period was as follows:


        2023
            No.






3


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


Additions
644



At 31 March 2023

644



Depreciation


Charge for the period on owned assets
129



At 31 March 2023

129



Net book value



At 31 March 2023
515


5.


Debtors

2023
£


Trade debtors
3,365

Other debtors
1,811

Prepayments and accrued income
11,165

16,341


Page 7

 
TRIANTA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

6.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
14,681

Corporation tax
5,502

Other taxation and social security
3,989

Other creditors
35,645

Accruals and deferred income
1,000

60,817



7.


Share capital

2023
£
Allotted, called up and fully paid


100 Ordinary Shares shares of £1.00 each
100




8.


Pension commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held seperately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £1,064. Contributions totalling £275 were payable to the fund at the balance sheet date.

 
Page 8