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REGISTERED NUMBER: 09135893 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Tripconsul Ltd

Tripconsul Ltd (Registered number: 09135893)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Tripconsul Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: N S B Whitfield
R E Tanner
G Little
C S Fraser
J Burns
R J Moffat
D Quinby





REGISTERED OFFICE: 64 Nile Street
London
N1 7SR





REGISTERED NUMBER: 09135893 (England and Wales)





ACCOUNTANTS: Crossley and Co.
122 Winchcombe Street
Cheltenham
Gloucestershire
GL52 2NW

Tripconsul Ltd (Registered number: 09135893)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 137,520 309,885
Tangible assets 5 950 -
138,470 309,885

CURRENT ASSETS
Debtors 6 190,637 119,593
Cash at bank 604,886 422,751
795,523 542,344
CREDITORS
Amounts falling due within one year 7 213,097 154,844
NET CURRENT ASSETS 582,426 387,500
TOTAL ASSETS LESS CURRENT
LIABILITIES

720,896

697,385

CREDITORS
Amounts falling due after more than one
year

8

16,564

25,440
NET ASSETS 704,332 671,945

CAPITAL AND RESERVES
Called up share capital 9 311 304
Share premium 3,158,084 2,958,478
Retained earnings (2,454,063 ) (2,286,837 )
SHAREHOLDERS' FUNDS 704,332 671,945

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Tripconsul Ltd (Registered number: 09135893)

Balance Sheet - continued
31 December 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 March 2024 and were signed on its behalf by:





N S B Whitfield - Director


Tripconsul Ltd (Registered number: 09135893)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Tripconsul Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Tripconsul Ltd (Registered number: 09135893)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Developmen
costs
£   
COST
At 1 January 2023
and 31 December 2023 897,938
AMORTISATION
At 1 January 2023 588,053
Amortisation for year 172,365
At 31 December 2023 760,418
NET BOOK VALUE
At 31 December 2023 137,520
At 31 December 2022 309,885

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2023 2,898 6,332 9,230
Additions - 1,425 1,425
At 31 December 2023 2,898 7,757 10,655
DEPRECIATION
At 1 January 2023 2,898 6,332 9,230
Charge for year - 475 475
At 31 December 2023 2,898 6,807 9,705
NET BOOK VALUE
At 31 December 2023 - 950 950
At 31 December 2022 - - -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 177,153 118,256
VAT 3,152 85
Prepayments 10,332 1,252
190,637 119,593

Tripconsul Ltd (Registered number: 09135893)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 30,725 10,111
Accruals and deferred income 48,747 44,007
Accrued expenses 123,625 90,726
213,097 154,844

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 6,564 15,440
16,564 25,440

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
3,060,572 A ORDINARY 0.000 1 306 299
44,616 B ORDINARY 0.000 1 5 5
311 304

63,774 A ORDINARY shares of 0.0001 each were allotted as fully paid at a premium of 3.13 per share during the year.