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Company Registration No. 12988594 (England and Wales)
Trio Payment Solutions Ltd Unaudited accounts for the year ended 30 November 2023
Trio Payment Solutions Ltd Unaudited accounts Contents
Page
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Trio Payment Solutions Ltd Company Information for the year ended 30 November 2023
Director
Mr Joe Daniel Lynch
Company Number
12988594 (England and Wales)
Registered Office
71-75 Shelton Street Covent Garden London London WC2H 9JQ England
Accountants
Your Sidekick Limited 71-75 Shelton Street London WC2H 9JQ
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Trio Payment Solutions Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,587 
- 
Current assets
Debtors
408,780 
- 
Cash at bank and in hand
815,243 
10 
1,224,023 
10 
Creditors: amounts falling due within one year
(1,243,330)
- 
Net current (liabilities)/assets
(19,307)
10 
Total assets less current liabilities
(13,720)
10 
Creditors: amounts falling due after more than one year
10 
- 
Net (liabilities)/assets
(13,710)
10 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(13,720)
- 
Shareholders' funds
(13,710)
10 
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 February 2024 and were signed on its behalf by
Mr Joe Daniel Lynch Director Company Registration No. 12988594
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Trio Payment Solutions Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Trio Payment Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 12988594. The registered office is 71-75 Shelton Street, Covent Garden, London, London, WC2H 9JQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2022
- 
- 
- 
Additions
3,738 
1,989 
5,727 
At 30 November 2023
3,738 
1,989 
5,727 
Depreciation
Charge for the year
96 
44 
140 
At 30 November 2023
96 
44 
140 
Net book value
At 30 November 2023
3,642 
1,945 
5,587 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
16,761 
- 
Trade debtors
389,019 
- 
Other debtors
3,000 
- 
408,780 
- 
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Trio Payment Solutions Ltd Notes to the Accounts for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
1,185,596 
- 
Taxes and social security
57,607 
- 
Other creditors
127 
- 
1,243,330 
- 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
(10)
- 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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