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 11310100 Mr. Sami Barakas Mr Admon Cohen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11310100 2022-12-31 11310100 2023-12-31 11310100 2023-01-01 2023-12-31 11310100 frs-core:CurrentFinancialInstruments 2023-12-31 11310100 frs-core:Non-currentFinancialInstruments 2023-12-31 11310100 frs-core:ComputerEquipment 2023-12-31 11310100 frs-core:ComputerEquipment 2023-01-01 2023-12-31 11310100 frs-core:ComputerEquipment 2022-12-31 11310100 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 11310100 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 11310100 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-31 11310100 frs-core:MotorVehicles 2023-12-31 11310100 frs-core:MotorVehicles 2023-01-01 2023-12-31 11310100 frs-core:MotorVehicles 2022-12-31 11310100 frs-core:ShareCapital 2023-12-31 11310100 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 11310100 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11310100 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 11310100 frs-bus:SmallEntities 2023-01-01 2023-12-31 11310100 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11310100 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 11310100 frs-bus:Director1 2023-01-01 2023-12-31 11310100 frs-bus:Director2 2023-01-01 2023-12-31 11310100 frs-core:CurrentFinancialInstruments 2 2023-12-31 11310100 frs-core:CurrentFinancialInstruments 6 2023-12-31 11310100 frs-countries:EnglandWales 2023-01-01 2023-12-31 11310100 2021-12-31 11310100 2022-12-31 11310100 2022-01-01 2022-12-31 11310100 frs-core:CurrentFinancialInstruments 2022-12-31 11310100 frs-core:Non-currentFinancialInstruments 2022-12-31 11310100 frs-core:ShareCapital 2022-12-31 11310100 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 11310100 frs-core:CurrentFinancialInstruments 2 2022-12-31 11310100 frs-core:CurrentFinancialInstruments 6 2022-12-31
Registered number: 11310100
TRIPLE VVV (8) LTD
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11310100
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 949,107 951,146
949,107 951,146
CURRENT ASSETS
Debtors 5 23,746 12,377
Cash at bank and in hand 8,373 9,063
32,119 21,440
Creditors: Amounts Falling Due Within One Year 6 (600,988 ) (595,077 )
NET CURRENT ASSETS (LIABILITIES) (568,869 ) (573,637 )
TOTAL ASSETS LESS CURRENT LIABILITIES 380,238 377,509
Creditors: Amounts Falling Due After More Than One Year 7 (453,794 ) (456,472 )
NET LIABILITIES (73,556 ) (78,963 )
CAPITAL AND RESERVES
Called up share capital 8 150 150
Profit and Loss Account (73,706 ) (79,113 )
SHAREHOLDERS' FUNDS (73,556) (78,963)
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 (8) LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11310100 . 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 have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 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 profit this year. However, most of the long term funding is from
the  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 from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold not provided
Motor Vehicles 25% reducing balance
Computer Equipment 33.33% on cost
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2023 949,106 5,359 1,241 955,706
Disposals - (5,359 ) - (5,359 )
As at 31 December 2023 949,106 - 1,241 950,347
Depreciation
As at 1 January 2023 - 3,733 827 4,560
Provided during the period - - 413 413
Disposals - (3,733 ) - (3,733 )
As at 31 December 2023 - - 1,240 1,240
Net Book Value
As at 31 December 2023 949,106 - 1 949,107
As at 1 January 2023 949,106 1,626 414 951,146
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5. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income 656 471
Other debtors 10,090 8,906
Debtors - inter-companies 13,000 3,000
23,746 12,377
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 68 616
Bank loans and overdrafts 2,678 2,678
Shareholders funds 567,769 287,360
Deposit and advance rent 10,074 7,900
Creditors - inter-companies 19,387 295,633
Accruals and deferred income 1,012 890
600,988 595,077
Included in the other creditors are following amounts owed to the directors:-
S Barakas       £283,884
A E Cohen       £283,884
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 453,794 456,472
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 150 150
9. Related Party Transactions
Included in the other debtors/creditors due within one year, the following amounts are due from /(owed to)
companies which are controlled by the same directors:-
Triple VVV Ltd              (£19,387)
Triple VVV (3) Ltd          £13,000
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