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REGISTERED NUMBER: 12317830 (England and Wales)














FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

TRIPLEDUO U.K. LIMITED

TRIPLEDUO U.K. LIMITED (REGISTERED NUMBER: 12317830)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TRIPLEDUO U.K. LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: C K Yam
K M C Au
Y M Yiu





REGISTERED OFFICE: Ground Floor
Finchale House
Belmont Business Park
Durham
DH1 1TW





REGISTERED NUMBER: 12317830 (England and Wales)





ACCOUNTANTS: RMT Ribchesters
Accountants and Business Advisors
Finchale House
Belmont Business Park
Durham
DH1 1TW

TRIPLEDUO U.K. LIMITED (REGISTERED NUMBER: 12317830)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 614,031 614,031

CURRENT ASSETS
Debtors 5 5,363 954
Cash at bank 29,061 38,700
34,424 39,654
CREDITORS
Amounts falling due within one year 6 441,689 445,349
NET CURRENT LIABILITIES (407,265 ) (405,695 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

206,766

208,336

CREDITORS
Amounts falling due after more than one
year

7

230,925

230,925
NET LIABILITIES (24,159 ) (22,589 )

CAPITAL AND RESERVES
Called up share capital 9 3 3
Retained earnings (24,162 ) (22,592 )
SHAREHOLDERS' FUNDS (24,159 ) (22,589 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

TRIPLEDUO U.K. LIMITED (REGISTERED NUMBER: 12317830)

BALANCE SHEET - continued
30 NOVEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 August 2024 and were signed on its behalf by:





C K Yam - Director


TRIPLEDUO U.K. LIMITED (REGISTERED NUMBER: 12317830)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Tripleduo U.K. 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 the amount of rental income falling due during the year, including rental due but not received until after the year end. The company is not registered for VAT.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022
and 30 November 2023 614,031
NET BOOK VALUE
At 30 November 2023 614,031
At 30 November 2022 614,031

TRIPLEDUO U.K. LIMITED (REGISTERED NUMBER: 12317830)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

4. INVESTMENT PROPERTY - continued

The investment properties have been valued on an open market basis on 30 November 2023. The director considers this value to be the fair value of these properties at 30 November 2023.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 5,363 954

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 441,689 445,349

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 230,925 230,925

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 230,925 230,925

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 230,925 230,925

The bank loans are secured on the properties to which they relate.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
300 Ordinary £0.01 3 3

10. RELATED PARTY DISCLOSURES

During the period the directors provided an interest free loan to the company. At the 30 November 2023 the balance was £439,609 (2022: £442,658).