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REGISTERED NUMBER: 14590212 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

13 JANUARY 2023 TO 31 DECEMBER 2023

FOR

TRETONIA UK2 LTD

TRETONIA UK2 LTD (REGISTERED NUMBER: 14590212)

CONTENTS OF THE FINANCIAL STATEMENTS
for the period 13 January 2023 to 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TRETONIA UK2 LTD

COMPANY INFORMATION
for the period 13 January 2023 to 31 December 2023







DIRECTORS: A Osinin
N Osinin





REGISTERED OFFICE: Magma House 16 Davy Court
Castle Mound Way
Rugby
Warwickshire
CV23 0UZ





REGISTERED NUMBER: 14590212 (England and Wales)





ACCOUNTANTS: Magma Audit LLP
Magma House
16 Davy Court
Castle Mound Way
Rugby
CV23 0UZ

TRETONIA UK2 LTD (REGISTERED NUMBER: 14590212)

BALANCE SHEET
31 December 2023

Notes £   
FIXED ASSETS
Investment property 4 5,098,672

CURRENT ASSETS
Cash at bank 188,582

CREDITORS
Amounts falling due within one year 5 (5,026,402 )
NET CURRENT LIABILITIES (4,837,820 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

260,852

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 260,752
260,852

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

The members have not required the company to obtain an audit of its financial statements for the period 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 July 2024 and were signed on its behalf by:





A Osinin - Director


TRETONIA UK2 LTD (REGISTERED NUMBER: 14590212)

NOTES TO THE FINANCIAL STATEMENTS
for the period 13 January 2023 to 31 December 2023


1. STATUTORY INFORMATION

Tretonia UK2 Ltd is a limited company, limited by shares, registered in England and Wales. Its registered office address is Magma House, 16 Davy Court, Castle Mound Way, Rugby, Warwickshire, England, CV23 0UZ and the registered number is 14590212.

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.

The presentation currency of the financial statements is sterling (£) and rounded to the nearest £1.

Turnover
Turnover 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:

Turnover represents rents receivable from investment properties, and is recognised as it falls due, in accordance with the lease to which it relates. Any lease incentives are spread evenly across the period of the lease.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
(i) Financial assets

Basic financial assets, including trade and other debtors, cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest rate method.

(ii) Financial liabilities

Basic financial liabilities, including trade and other creditors are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Taxation
The tax expense for the year comprises current and deferred tax.

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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:
- The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
- Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Both current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

TRETONIA UK2 LTD (REGISTERED NUMBER: 14590212)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 13 January 2023 to 31 December 2023


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 5,098,672
At 31 December 2023 5,098,672
NET BOOK VALUE
At 31 December 2023 5,098,672

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 108,979
Other creditors 4,917,423
5,026,402

6. RELATED PARTY DISCLOSURES

At the year end, Tretonia UK2 Ltd owed £4,868,672 to a company under common control. This balance is included within other creditors.