Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 11080394 Mr. Sami Barakas Mr Admon Cohen Mr Gilad Cohen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11080394 2022-12-31 11080394 2023-12-31 11080394 2023-01-01 2023-12-31 11080394 frs-core:CurrentFinancialInstruments 2023-12-31 11080394 frs-core:Non-currentFinancialInstruments 2023-12-31 11080394 frs-core:ShareCapital 2023-12-31 11080394 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 11080394 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11080394 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 11080394 frs-bus:SmallEntities 2023-01-01 2023-12-31 11080394 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11080394 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 11080394 frs-core:CostValuation 2022-12-31 11080394 frs-core:CostValuation 2023-12-31 11080394 frs-core:ProvisionsForImpairmentInvestments 2022-12-31 11080394 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 11080394 frs-bus:Director1 2023-01-01 2023-12-31 11080394 frs-bus:Director2 2023-01-01 2023-12-31 11080394 frs-bus:Director3 2023-01-01 2023-12-31 11080394 frs-core:CurrentFinancialInstruments 2 2023-12-31 11080394 frs-core:CurrentFinancialInstruments 4 2023-12-31 11080394 frs-core:CurrentFinancialInstruments 6 2023-12-31 11080394 frs-countries:EnglandWales 2023-01-01 2023-12-31 11080394 2021-12-31 11080394 2022-12-31 11080394 2022-01-01 2022-12-31 11080394 frs-core:CurrentFinancialInstruments 2022-12-31 11080394 frs-core:Non-currentFinancialInstruments 2022-12-31 11080394 frs-core:ShareCapital 2022-12-31 11080394 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 11080394 frs-core:CurrentFinancialInstruments 2 2022-12-31 11080394 frs-core:CurrentFinancialInstruments 4 2022-12-31 11080394 frs-core:CurrentFinancialInstruments 6 2022-12-31
Registered number: 11080394
TRIPLE VVV (1) LTD
Unaudited Financial Statements
For The Year Ended 31 December 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11080394
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 106,316 106,316
106,316 106,316
CURRENT ASSETS
Debtors 5 863,970 873,606
Cash at bank and in hand 5,166 8,280
869,136 881,886
Creditors: Amounts Falling Due Within One Year 6 (1,029,262 ) (1,008,156 )
NET CURRENT ASSETS (LIABILITIES) (160,126 ) (126,270 )
TOTAL ASSETS LESS CURRENT LIABILITIES (53,810 ) (19,954 )
Creditors: Amounts Falling Due After More Than One Year 7 (5,606 ) (9,563 )
NET LIABILITIES (59,416 ) (29,517 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (59,516 ) (29,617 )
SHAREHOLDERS' FUNDS (59,416) (29,517)
Page 1
Page 2
For the year ending 31 December 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Admon Cohen
Director
05/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
TRIPLE VVV (1) LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11080394 . The registered office is 179 Regents Park Road, London, N3 3PB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
The company has a deficit balance sheet and made a loss this year. However, most of the long term funding for
the company is by way of loan from shareholders. The shareholders made a commitment not to seek repayment
of the loan within the foreseeable future. The shareholders are confident that the company will trade out of its
current difficulties.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned the rendering of services.
2.3. Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 3)
3 3
4. Investments
Other
£
Cost
As at 1 January 2023 106,316
As at 31 December 2023 106,316
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 106,316
As at 1 January 2023 106,316
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 3,663 14,080
Prepayments and accrued income 1,123 842
Other debtors 859,184 858,684
863,970 873,606
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Page 4
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 5,044 175
Bank loans and overdrafts 3,957 3,957
Other taxes and social security 1,874 3,298
Shareholders funds 964,900 964,900
Deposit and advance rent 11,768 11,864
Pension control 137 207
Creditors - inter-companies 39,660 21,900
Accruals and deferred income 1,922 1,855
1,029,262 1,008,156
Included in the other creditors are following amounts owed to the directors:
S Barakas - £319,967
E Cohen   - £319,967
G Cohen   - £324,966
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 5,606 9,563
5,606 9,563
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
Included in the other debtors/creditors due within one year, the following amounts are owed to companies which are controlled by the same directors:-
Triple VVV Ltd           - £20,000
Get Properties 3 Ltd  - £19,660
Page 4