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Company No: 14461800 (England and Wales)

TRIDENT TICKETS LIMITED
(Formerly Ticket Titans Limited)

Unaudited Financial Statements
For the financial period from 04 November 2022 to 31 March 2024
Pages for filing with the registrar

TRIDENT TICKETS LIMITED

Unaudited Financial Statements

For the financial period from 04 November 2022 to 31 March 2024

Contents

TRIDENT TICKETS LIMITED

BALANCE SHEET

As at 31 March 2024
TRIDENT TICKETS LIMITED

BALANCE SHEET (continued)

As at 31 March 2024
Note 31.03.2024
£
Fixed assets
Intangible assets 3 47,278
47,278
Current assets
Cash at bank and in hand 10,779
10,779
Creditors: amounts falling due within one year 4 ( 73,483)
Net current liabilities (62,704)
Total assets less current liabilities (15,426)
Net liabilities ( 15,426)
Capital and reserves
Called-up share capital 5 10
Profit and loss account ( 15,436 )
Total shareholder's deficit ( 15,426)

For the financial period ending 31 March 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Trident Tickets Limited (registered number: 14461800) were approved and authorised for issue by the Board of Directors on 02 August 2024. They were signed on its behalf by:

Mr H L A Piper
Director
TRIDENT TICKETS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 04 November 2022 to 31 March 2024
TRIDENT TICKETS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 04 November 2022 to 31 March 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Trident Tickets Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 5th Floor 167-169 Great Portland Street, London, W1W 5PF, England, United Kingdom. The principal place of business is A82 Capital Building, 8 New Union Square, Wandsworth, London, SW11 7AE.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

The reporting period length is longer than a 12 month period due to the year end being extended from 30 November 2023 to 31 March 2024.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Software development costs are capitalised where the software is expected to have a useful economic life exceeding two years. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Computer software 3 years straight line
Trademarks, patents and licences 10 years straight line
Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

2. Employees

Period from
04.11.2022 to
31.03.2024
Number
Monthly average number of persons employed by the Company during the period, including directors 1

3. Intangible assets

Computer software Trademarks, patents
and licences
Total
£ £ £
Cost
At 04 November 2022 0 0 0
Additions 53,144 1,180 54,324
At 31 March 2024 53,144 1,180 54,324
Accumulated amortisation
At 04 November 2022 0 0 0
Charge for the financial period 6,955 91 7,046
At 31 March 2024 6,955 91 7,046
Net book value
At 31 March 2024 46,189 1,089 47,278

4. Creditors: amounts falling due within one year

31.03.2024
£
Amounts owed to directors 2,428
Accruals 2,850
Other creditors 68,205
73,483

5. Called-up share capital

31.03.2024
£
Allotted, called-up and fully-paid
10 Ordinary shares of £ 1.00 each 10

During the period, 10 ordinary shares of £1.00 each were issued for par value.