Trebletime Limited 06283098 true 2022-02-01 2023-01-31 2023-01-31 The principal activity of the company is that of a dormant company Digita Accounts Production Advanced 6.30.9574.0 true M G Bailey false 06283098 2022-02-01 2023-01-31 06283098 2023-01-31 06283098 bus:OrdinaryShareClass1 2023-01-31 06283098 core:ShareCapital 2023-01-31 06283098 core:CurrentFinancialInstruments 2023-01-31 06283098 bus:FRS102 2022-02-01 2023-01-31 06283098 bus:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 06283098 bus:FullAccounts 2022-02-01 2023-01-31 06283098 bus:RegisteredOffice 2022-02-01 2023-01-31 06283098 bus:Director1 2022-02-01 2023-01-31 06283098 bus:OrdinaryShareClass1 2022-02-01 2023-01-31 06283098 bus:EntityHasNeverTraded 2022-02-01 2023-01-31 06283098 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 06283098 1 2022-02-01 2023-01-31 06283098 1 2022-02-01 2023-01-31 06283098 countries:EnglandWales 2022-02-01 2023-01-31 06283098 2022-01-31 06283098 bus:OrdinaryShareClass1 2022-01-31 06283098 core:ShareCapital 2022-01-31 06283098 core:CurrentFinancialInstruments 2022-01-31 iso4217:GBP xbrli:pure xbrli:shares

Trebletime Limited

Unaudited Dormant Financial Statements
Year Ended 31 January 2023

Registration number: 06283098

 

Trebletime Limited

Balance Sheet

31 January 2023

Note

2023
£

2022
£

Current assets

 

Debtors

3

1

1

Capital and reserves

 

Called up share capital

4

1

1

Shareholders' funds

 

1

1

For the financial year ending 31 January 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 25 October 2023
 

.........................................

M G Bailey

Director

Company Registration Number: 06283098

 

Trebletime Limited

Notes to the Unaudited Financial Statements

Year Ended 31 January 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Venayr Goonearl
Scorrier
Redruth
Cornwall
TR16 5EB

These financial statements were authorised for issue by the director on 25 October 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

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' and the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of Section 1A of FRS102 have been applied other than where additional disclosure is required to show a true and fair view.

The functional and presentational currency for the company is pounds sterling, with values rounded to the nearest pound.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

Trade debtors

Debtors relate to amounts due from group undertakings, and is stated at cost.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments.

 

Trebletime Limited

Notes to the Unaudited Financial Statements

Year Ended 31 January 2023

Financial instruments

Classification
The company holds the following financial instruments:

• Short term inter group loans

All financial instruments are classified as basic.

 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

These instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

 

3

Debtors

Current

Note

2023
£

2022
£

Amounts owed by related parties

1

1

4

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

1 ordinary share of £1 each

1

1

1

1

         
 

Trebletime Limited

Notes to the Unaudited Financial Statements

Year Ended 31 January 2023

5

Non adjusting events after the financial period

On 1 August 2023 the entire share capital of Bailey Holdings Limited, the immediate parent to the company, was acquired by MGB (Cornwall) Limited as part of a group reconstruction.

6

Parent and ultimate parent undertaking

The company's immediate parent is Bailey Holdings Limited, incorporated in England and Wales.

 The ultimate parent is MGB (Cornwall) Limited, incorporated in England and Wales.

 The ultimate controlling party is M G Bailey by virtue of his controlling interest in MGB (Cornwall) Limited.