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REGISTERED NUMBER: 09253188 (England and Wales)














Financial Statements for the Year Ended 31 October 2023

for

Tridan Business Concepts Limited

Tridan Business Concepts Limited (Registered number: 09253188)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Tridan Business Concepts Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: B D Olaleye
O O Olaleye





SECRETARY: B D Olaleye





REGISTERED OFFICE: 1C Amberside
Wood Lane
Hemel Hempstead
Hertfordshire
HP2 4TP





REGISTERED NUMBER: 09253188 (England and Wales)





ACCOUNTANTS: Farrell & Co
1C Amberside
Wood Lane
Hemel Hempstead
Hertfordshire
HP2 4TP

Tridan Business Concepts Limited (Registered number: 09253188)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,587 6,403

CURRENT ASSETS
Debtors 5 98,931 106,935
Cash at bank 4,007 29,414
102,938 136,349
CREDITORS
Amounts falling due within one year 6 97,769 119,126
NET CURRENT ASSETS 5,169 17,223
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,756

23,626

CREDITORS
Amounts falling due after more than one
year

7

(13,460

)

(22,075

)

PROVISIONS FOR LIABILITIES (2,012 ) (1,217 )
NET ASSETS 284 334

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 8 280 330
SHAREHOLDERS' FUNDS 284 334

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

Tridan Business Concepts Limited (Registered number: 09253188)

Balance Sheet - continued
31 October 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 30 July 2024 and were signed on its behalf by:





B D Olaleye - Director


Tridan Business Concepts Limited (Registered number: 09253188)

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

1. STATUTORY INFORMATION

Tridan Business Concepts Limited 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 November 2022 11,567
Additions 7,714
At 31 October 2023 19,281
DEPRECIATION
At 1 November 2022 5,164
Charge for year 3,530
At 31 October 2023 8,694
NET BOOK VALUE
At 31 October 2023 10,587
At 31 October 2022 6,403

Tridan Business Concepts Limited (Registered number: 09253188)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 86,896 106,935
Other debtors 12,035 -
98,931 106,935

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 2,862 1
Taxation and social security 32,889 47,485
Other creditors 62,018 71,640
97,769 119,126

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Bank loans 13,460 22,075

8. RESERVES
Retained
earnings
£   

At 1 November 2022 330
Profit for the year 21,950
Dividends (22,000 )
At 31 October 2023 280