IRIS Accounts Production v24.1.4.33 12524633 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh125246332023-03-31125246332024-03-31125246332023-04-012024-03-31125246332022-03-31125246332022-04-012023-03-31125246332023-03-3112524633ns15:EnglandWales2023-04-012024-03-3112524633ns14:PoundSterling2023-04-012024-03-3112524633ns10:Director12023-04-012024-03-3112524633ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3112524633ns10:SmallEntities2023-04-012024-03-3112524633ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3112524633ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3112524633ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3112524633ns10:FullAccounts2023-04-012024-03-3112524633ns10:Director22023-04-012024-03-3112524633ns10:RegisteredOffice2023-04-012024-03-3112524633ns5:CurrentFinancialInstruments2024-03-3112524633ns5:CurrentFinancialInstruments2023-03-3112524633ns5:ShareCapital2024-03-3112524633ns5:ShareCapital2023-03-3112524633ns5:RetainedEarningsAccumulatedLosses2024-03-3112524633ns5:RetainedEarningsAccumulatedLosses2023-03-3112524633ns5:FurnitureFittings2023-04-012024-03-3112524633ns5:MotorVehicles2023-04-012024-03-3112524633ns5:ComputerEquipment2023-04-012024-03-3112524633ns5:PlantMachinery2023-03-3112524633ns5:PlantMachinery2023-04-012024-03-3112524633ns5:PlantMachinery2024-03-3112524633ns5:PlantMachinery2023-03-3112524633ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3112524633ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31125246331ns10:Director12023-03-31125246331ns10:Director12022-03-31125246331ns10:Director12023-04-012024-03-31125246331ns10:Director12022-04-012023-03-31125246331ns10:Director12024-03-31125246331ns10:Director12023-03-3112524633ns10:Director222023-03-3112524633ns10:Director222022-03-3112524633ns10:Director222023-04-012024-03-3112524633ns10:Director222022-04-012023-03-3112524633ns10:Director222024-03-3112524633ns10:Director222023-03-31
REGISTERED NUMBER: 12524633 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Triple G Ltd

Triple G Ltd (Registered number: 12524633)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Triple G Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mrs S J Carter
Mr S M Carter





REGISTERED OFFICE: c/o Wilson Partners Limited,
TOR
Saint-Cloud Way
Maidenhead
Berkshire
SL6 8BN





REGISTERED NUMBER: 12524633 (England and Wales)





ACCOUNTANTS: Wilson Partners Limited
Chartered Accountants
TOR
Saint-Cloud Way
Maidenhead
Berkshire
SL6 8BN

Triple G Ltd (Registered number: 12524633)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 70,214 93,340

CURRENT ASSETS
Debtors 5 19,531 30,252
Cash at bank 349 30,386
19,880 60,638
CREDITORS
Amounts falling due within one year 6 (23,520 ) (32,261 )
NET CURRENT (LIABILITIES)/ASSETS (3,640 ) 28,377
TOTAL ASSETS LESS CURRENT LIABILITIES 66,574 121,717

PROVISIONS FOR LIABILITIES (14,523 ) (23,335 )
NET ASSETS 52,051 98,382

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 52,049 98,380
52,051 98,382

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2024 and were signed on its behalf by:





Mrs S J Carter - Director


Triple G Ltd (Registered number: 12524633)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Triple G Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Significant judgements and estimates
In the application of the company's accounting policies the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.
The company does not make significant estimates and assumptions concerning the future.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is recognised when the company has the right to consideration which occurs on successful completion of the service. In the event services have been provided but not invoiced at the balance sheet date, revenue is accrued and that accrual is included in the balance sheet within prepayments and accrued income.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

Financial instruments
Basic financial instruments are recognised at amortised cost using the effective interest method, except for investments in non-convertible preference and non-puttable preference and ordinary shares, which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value, with changes recognised in profit and loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


Triple G Ltd (Registered number: 12524633)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 123,654
Additions 2,361
At 31 March 2024 126,015
DEPRECIATION
At 1 April 2023 30,314
Charge for year 25,487
At 31 March 2024 55,801
NET BOOK VALUE
At 31 March 2024 70,214
At 31 March 2023 93,340

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 6,359 6,831
Other debtors 13,172 23,421
19,531 30,252

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 477 445
Taxation and social security 22,349 31,816
Other creditors 694 -
23,520 32,261

Triple G Ltd (Registered number: 12524633)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
Mrs S J Carter
Balance outstanding at start of year 1,468 58
Amounts advanced 35,346 41,408
Amounts repaid (36,117 ) (39,998 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 697 1,468

Mr S M Carter
Balance outstanding at start of year 1,468 58
Amounts advanced 35,346 41,408
Amounts repaid (36,429 ) (39,998 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 385 1,468

8. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.