REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 November 2022 to 31 March 2023 |
for |
TRI ARCH DEVELOPMENTS LIMITED |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 November 2022 to 31 March 2023 |
for |
TRI ARCH DEVELOPMENTS LIMITED |
TRI ARCH DEVELOPMENTS LIMITED (REGISTERED NUMBER: 04788010) |
Contents of the Financial Statements |
for the period 1 November 2022 to 31 March 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
TRI ARCH DEVELOPMENTS LIMITED |
Company Information |
for the period 1 November 2022 to 31 March 2023 |
Directors: |
Registered office: |
Registered number: |
Accountants: |
New Derwent House |
69-73 Theobalds Road |
London |
WC1X 8TA |
TRI ARCH DEVELOPMENTS LIMITED (REGISTERED NUMBER: 04788010) |
Balance Sheet |
31 March 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
Fixed assets |
Investments | 4 |
Investment property | 5 |
Current assets |
Debtors | 6 |
Cash at bank |
Creditors |
Amounts falling due within one year | 7 |
Net current assets |
Total assets less current liabilities |
Capital and reserves |
Called up share capital | 8 |
Share premium |
Retained earnings |
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. |
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 |
TRI ARCH DEVELOPMENTS LIMITED (REGISTERED NUMBER: 04788010) |
Notes to the Financial Statements |
for the period 1 November 2022 to 31 March 2023 |
1. | Statutory information |
Tri Arch Developments Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | Accounting policies |
Basis of preparing the financial statements |
Related party exemption |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Financial instruments |
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument. |
Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due. |
Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts. |
Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. |
Taxation |
Taxation for the period 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. |
3. | Employees and directors |
The average number of employees during the period was |
TRI ARCH DEVELOPMENTS LIMITED (REGISTERED NUMBER: 04788010) |
Notes to the Financial Statements - continued |
for the period 1 November 2022 to 31 March 2023 |
4. | Fixed asset investments |
Other |
investments |
£ |
Cost |
At 1 November 2022 |
and 31 March 2023 |
Net book value |
At 31 March 2023 |
At 31 October 2022 |
5. | Investment property |
Total |
£ |
Fair value |
At 1 November 2022 |
Disposals | ( |
) |
At 31 March 2023 |
Net book value |
At 31 March 2023 |
At 31 October 2022 |
6. | Debtors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Other debtors |
7. | Creditors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
8. | Called up share capital |
At the end of the financial year the following share classes are in place: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
1,455 | F Shares | £0.04 | 0 | 58 |
73 | G Shares | £0.02 | 0 | 1 |
32,022 | H Shares | £0.04 | 0 | 1,281 |
54 | J Shares | £0.02 | 1.08 | 1 |
19 | M Shares | £0.02 | 0.38 | 0 |
1.46 | 1,341 |