Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 06441623 Mr Irfan Malik iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06441623 2022-11-30 06441623 2023-11-30 06441623 2022-12-01 2023-11-30 06441623 frs-core:CurrentFinancialInstruments 2023-11-30 06441623 frs-core:Non-currentFinancialInstruments 2023-11-30 06441623 frs-core:ComputerEquipment 2023-11-30 06441623 frs-core:ComputerEquipment 2022-12-01 2023-11-30 06441623 frs-core:ComputerEquipment 2022-11-30 06441623 frs-core:FurnitureFittings 2023-11-30 06441623 frs-core:FurnitureFittings 2022-12-01 2023-11-30 06441623 frs-core:FurnitureFittings 2022-11-30 06441623 frs-core:ShareCapital 2023-11-30 06441623 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 06441623 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 06441623 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 06441623 frs-bus:SmallEntities 2022-12-01 2023-11-30 06441623 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 06441623 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 06441623 frs-bus:Director1 2022-12-01 2023-11-30 06441623 frs-countries:EnglandWales 2022-12-01 2023-11-30 06441623 2021-11-30 06441623 2022-11-30 06441623 2021-12-01 2022-11-30 06441623 frs-core:CurrentFinancialInstruments 2022-11-30 06441623 frs-core:Non-currentFinancialInstruments 2022-11-30 06441623 frs-core:ShareCapital 2022-11-30 06441623 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 06441623
Tritek Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06441623
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,874 2,234
1,874 2,234
CURRENT ASSETS
Stocks 5 38,580 41,650
Debtors 6 11,576 48,392
Cash at bank and in hand 31,853 11,674
82,009 101,716
Creditors: Amounts Falling Due Within One Year 7 (18,270 ) (854 )
NET CURRENT ASSETS (LIABILITIES) 63,739 100,862
TOTAL ASSETS LESS CURRENT LIABILITIES 65,613 103,096
Creditors: Amounts Falling Due After More Than One Year 8 (80,406 ) (76,721 )
NET (LIABILITIES)/ASSETS (14,793 ) 26,375
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (14,893 ) 26,275
SHAREHOLDERS' FUNDS (14,793) 26,375
Page 1
Page 2
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Irfan Malik
Director
30/08/2024
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
Tritek Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06441623 . The registered office is 54 Langham Road, Blackburn, Lancashire, BB1 8BH.
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.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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:
Fixtures & Fittings 20% Reducing Balance
Computer Equipment 20% Reducing Balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 December 2022 1,186 3,748 4,934
As at 30 November 2023 1,186 3,748 4,934
Depreciation
As at 1 December 2022 1,123 1,577 2,700
Provided during the period 12 348 360
As at 30 November 2023 1,135 1,925 3,060
...CONTINUED
Page 3
Page 4
Net Book Value
As at 30 November 2023 51 1,823 1,874
As at 1 December 2022 63 2,171 2,234
5. Stocks
2023 2022
£ £
Finished goods 38,580 41,650
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors - 48,392
Prepayments and accrued income 11,576 -
11,576 48,392
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 17,331 -
Other taxes and social security - 204
VAT 539 250
Other creditors 400 400
18,270 854
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 75,625 67,277
Directors loan account 4,781 9,444
80,406 76,721
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4